Fund Servicing Associate I

Location: Mumbai, Maharashtra, India

Job Family: Fund Servicing

About the Role

At JPMorgan Chase, we are a leading global financial services firm with a proud history of innovation and client focus. The Fund Servicing Associate I role within our Fund Services Operations team in Mumbai, India, offers an exciting opportunity to contribute to the backbone of our asset management solutions. As part of this dynamic team, you will support the seamless operation of mutual funds, alternative investments, and other client portfolios, ensuring accuracy, efficiency, and compliance in a high-stakes environment. This entry-level position is ideal for motivated professionals eager to build a career in financial services, leveraging JPMorgan Chase's world-class resources and global reach to drive client success and firm growth. In this role, you will handle core operational tasks such as processing fund transactions, reconciling positions, and supporting NAV calculations, all while adhering to stringent regulatory standards like those from SEBI and international bodies. You will collaborate closely with cross-functional teams, including portfolio managers, custodians, and compliance officers, to resolve issues and optimize workflows. The position demands a keen eye for detail and the ability to thrive under pressure, as you contribute to timely reporting and exception management that underpins billions in assets under administration. At JPMorgan Chase, your work directly impacts our clients' trust and the firm's reputation as a trusted partner in fund servicing. We foster a culture of continuous learning and innovation, providing access to cutting-edge technology and training programs to enhance your expertise in fund operations. Joining our Mumbai office, you will be part of a vibrant, diverse team in one of India's key financial hubs, with opportunities for career progression into senior roles within Fund Services or broader operations at JPMorgan Chase. If you are passionate about the financial industry and ready to make a meaningful impact, this role offers the perfect platform to grow while supporting the success of our clients and the firm.

Key Responsibilities

• Process daily fund transactions including subscriptions, redemptions, and transfers in compliance with client guidelines
• Perform reconciliations of fund positions, cash balances, and trade data to ensure accuracy and timeliness
• Support NAV (Net Asset Value) calculations by validating pricing data and resolving discrepancies
• Liaise with internal teams, clients, and external custodians to resolve operational queries and issues
• Maintain accurate records and documentation for audit trails and regulatory reporting
• Assist in month-end and year-end fund reporting, including performance attribution and fee calculations
• Monitor and escalate exceptions or breaks in fund servicing workflows
• Contribute to process improvements and automation initiatives within the Fund Services Operations team
• Ensure adherence to JPMorgan Chase's risk management and control standards
• Provide backup support for team members during peak periods or absences

Required Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field
• 1-2 years of experience in financial services, fund administration, or operations support
• Strong understanding of mutual funds, investment funds, or asset servicing processes
• Proficiency in Microsoft Office Suite, particularly Excel for data analysis and reporting
• Excellent command of English, both written and verbal, for client communication
• Ability to work in a fast-paced, high-volume environment with attention to detail
• Basic knowledge of regulatory requirements in the financial services industry, such as SEBI or SEC guidelines

Preferred Qualifications

• Experience with fund accounting software like Charles River or Advent
• Certification in financial operations, such as CFA Level 1 or Fund Operations Certificate
• Prior exposure to JPMorgan Chase systems or similar banking platforms
• Knowledge of NAV calculations, trade settlements, or reconciliation processes
• Familiarity with international fund servicing standards and cross-border regulations

Required Skills

• Fund accounting and reconciliation expertise
• Attention to detail and accuracy in data handling
• Proficiency in Excel for financial modeling and reporting
• Strong analytical and problem-solving abilities
• Effective communication and interpersonal skills
• Time management in a deadline-driven environment
• Knowledge of financial regulations and compliance
• Team collaboration and adaptability
• Basic understanding of investment products like mutual funds and ETFs
• Data entry and validation skills
• Risk identification and mitigation
• Customer service orientation for client interactions
• Technical aptitude for learning proprietary banking systems
• Organizational skills for managing multiple tasks

Benefits

• Competitive base salary and performance-based annual bonuses
• Comprehensive health insurance coverage including medical, dental, and vision plans
• Retirement savings plan with employer matching contributions
• Paid time off, including vacation, sick leave, and public holidays
• Professional development programs and tuition reimbursement for relevant certifications
• Employee wellness initiatives, including gym memberships and mental health support
• Flexible work arrangements and hybrid work options where applicable
• Global mobility opportunities within JPMorgan Chase's international network

JP Morgan Chase is an equal opportunity employer.