CIB – Securities Services Operations – Fund Accounting Analyst

Job Description

Role & Responsibilities:

The role focuses specifically on Fund Services & business analysis needs for Global Bank Loans Administration strategic initiatives. Fund Services business is driving an aggressive agenda to enhance client experience. This requires assimilating the large number of ideas generated at all levels (primarily by Middle Office, Product development) into a structured framework. The right amount of rigor in documenting / governing initiatives is important to enable targeted decision making.

• Understanding the fundamental concepts related to Bank Loans.

• Proven ability to independently identify issues, analyze problems and provide viable solutions

• Ability to grasp/learn new products/processes which are currently in scope.

• Proactive approach with logical & analytical skills

• Aptitude to work with numbers and deadlines

• Excellent comprehension and observation skills

• Ability to review and analyze information from multiple sources and determine relevancy

• Independent and self-motivated with an ability to adapt and be flexible in a team environment

• Strong client focus and ability to partner with various internal/external groups

• Demonstrate creative problem solving and solid judgment/decision making ability

• Knowledge of the Bank Loans product and process flow will be an added advantage

  Requirements and Qualifications:
  

  We are looking for candidates with the following characteristics:
  

  • Ability to ensure deliverables are met/sign offs are completed on time and accurately

  • Perform and review day to day operations of the Bank Loans team which includes trade capture, settlements, asset substantiation, cash and position reconciliations

  • Ensure appropriate break investigation and resolution

  • Conduct regular group meetings with the managers to ensure constant communication and incorporate feedback

  • Ability to follow procedures and established processes to perform varied routine and non-routine tasks

  • Responsible for ensuring a standardized and efficient process

  • Active involvement and partnership with the Global Bank Loans team to ensure seamless rollouts of any enhancements

  • Working with various upstream/downstream internal teams and external teams such as Corporate Actions, Custody, and Client facing teams including Agent Banks etc.

  • Respond to and resolve all client inquiries on a timely manner

  • Establish and maintain relationships with various operations teams

  • Work as part of the global team performing follow the sun model by ensuring hand offs are appropriately provided for a smooth global coverage

  • Partner with client service teams to help change client behavior where required to remove manual processes.

  • Strong understanding of Risk Management and should be able to manage issues and exceptions which are material in nature

  • Partner with technology strategy team to help identify internal and external facing technology improvement opportunities

  • Ensure all day to day queries are dealt with and escalate issues to the Associates appropriately

  • Provide operations subject matter expertise and value added services to clients where required

  • Strong time management skills required to meet the internal and external deadlines/cutoffs

  • Active participation and involvement in all governance meetings to identify and track reasons for deviation from agreed levels or expected behavior (if any). Ensure follow ups and escalate for all ageing items.

  • Ensure all Standard Operating procedures are up to date and adhered to

  • Investment Banking experience
    

  Skills:

  • Strong experience of working on large scale, multi-stream programs with proven track record in streamlining operational process to reduce operating costs and/or increase processing capacity

  • Candidate must have a control focused agenda, and a thorough understanding of program/project risk

  • Ability to work closely with business partners and interact with all staff levels

  • Good computer skills including Microsoft office products (Excel, Word, Power point)

  • Desire to work in a fast-paced environment with multiple deliverables

  • Proven skills in time management, organization, and attention to detail

  People and Communication:

  • Strong oral and written communication and presentation skills including the ability to communicate strategic messages clearly and consistently with the team, making linkages to individual goals and accomplishments

  • Strong relationship management and partnership with a large array of constituents

  • Ability to manage by influence to promote change leadership with proven ability

  • Proactive in identifying and escalating issues

  • Ability to partner in a virtual team environment across multiple locations.

J.P. Morgan is a leading global financial services firm, established over 200 years ago:
o We are the leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management.
o We have assets of $2.5 trillion and operations worldwide
o We operate in more than 100 markets.
o We have more than 243,000 employees globally.
Our wholesale businesses include J.P. Morgan’s Asset Management, Commercial Banking and the Corporate & Investment Bank which provide products and services to corporations, governments.