Fund Servicing Associate II (Sydney Compliance Reporting) - Corporate and Investment Banking
JPMorgan Chase
Taguig City, Metro Manila
Permanent
Full-time
22 days ago
Job Description : J.P. Morgan's Compliance Reporting Services enables clients to efficiently detect and manage violations of their specified investment rules, facilitating risk reduction and demonstrating industry best practices. The Compliance Reporting Analyst is responsible for the coding client mandates into rules, review and investigation of potential violations against secondary sources and/or with investment manager, and escalation of the same to clients in the daily delivery of mandate compliance reports. A broad knowledge of the financial products is required as the Compliance Reporting Services is responsible in ensuring that all potential violations are flagged to the client within the agreed service level agreement. As a Fund Servicing Associate within J.P. Morgan's Compliance Reporting Services, you will be responsible for the timely and accurate delivery of daily mandate reports. This includes coding client mandates into rules, reviewing and investigating potential violations, and escalating these to the client within the agreed delivery date. Job Responsibilities: Ensure adherence of operational procedures to complete task in an accurate and timely manner. Support the Manager/s in the objective to provide top quality operations in support of this global business. Provide training to new hires. Investigate, resolve, and substantiate key differences in reconciliations between client and fund manager. Review rules setup and acts as a control point toward achieving that the rule is working as per client requirement. Interpret client mandate and changes, if any, and accordingly provide functional input to code the rules or make necessary changes to any existing rules. Provide compliance-related guidance and regulatory expertise to large clients, by review and interpretation of client mandates, present product capabilities and regulatory impacts to clients and prospective clients. Provide innovative solutions to client requirements (including coding the Compliance Reporting application) in sync with optimization of the rule library in place. Investigate investment guideline breaches with the investment manager to assist the client in the breach resolution process. Provide overall supervision / leadership to the staff during their shift operating window. Constant and regular review for direct reports. Set expectations with direct reports, regarding positive motivation and leading through accountability. Review regularly of procedures assuring new processes are documented. Required qualifications, capabilities, and skills Graduate/Postgraduate with minimum of 8 work experience in Banking/Finance or related industry. Good understanding of the Capital Markets and related products. Coding or report writing experience Good end to end knowledge of the Rule Coding and Breach Reporting process and applications. Demonstrated supervisory and leadership skills. Good time management skills ' multi-taking ability with overseeing client deliverables and business projects/initiatives. Ability to work in a deadline driven environment with focus on client deliverables. Ability to think outside the box and challenge the status quo. Strong analytical and communication skills. Ability to identify root causes of issues and ability to build robust controls around the process. Preferred qualifications, capabilities, and skills Knowledge of financial instruments and their accounting treatment is a plus. Coding or report writing experience, ideally with logic-based database systems. Compliance reporting product knowledge preferred.
