Fund Servicing Associate II

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 II role within our Fund Services organization in Mumbai plays a pivotal part in supporting the operations that drive success for our clients and stakeholders. As part of this dynamic team, you will contribute to the seamless processing and administration of investment funds, ensuring high standards of accuracy, efficiency, and compliance in a fast-evolving financial landscape. This position offers the opportunity to work on diverse fund portfolios, collaborating with global teams to deliver exceptional service in the asset management sector. In this role, you will handle core operational tasks such as transaction processing, NAV calculations, and reconciliations, while also supporting reporting and client inquiries. You will leverage your financial acumen to identify and mitigate risks, ensuring all activities align with JPMorgan Chase's rigorous control frameworks and regulatory obligations, including SEBI guidelines in India. The role demands a proactive approach to process optimization, where you may contribute to technology-driven enhancements that streamline fund servicing workflows. With exposure to both domestic and international funds, this position is ideal for professionals seeking to deepen their expertise in fund operations within a prestigious institution like JPMorgan Chase. We value integrity, innovation, and teamwork at JPMorgan Chase, and this role provides avenues for professional growth through mentorship, training, and cross-functional projects. Joining our Mumbai operations hub, you will be part of a supportive environment that fosters career development in the financial services industry. If you are detail-oriented, analytically minded, and passionate about fund servicing, this opportunity allows you to make a meaningful impact on our clients' success while advancing your career in a world-class organization.

Key Responsibilities

• Process and validate daily fund transactions, including subscriptions, redemptions, and transfers to ensure accuracy and compliance
• Perform Net Asset Value (NAV) calculations and reconciliations for client portfolios in line with JPMorgan Chase standards
• Collaborate with internal teams and external stakeholders to resolve discrepancies in fund data and reporting
• Prepare and distribute fund reports, statements, and regulatory filings for clients and auditors
• Monitor and adhere to service level agreements (SLAs) to support timely delivery of fund servicing operations
• Assist in month-end and year-end fund accounting processes, including accruals and valuations
• Identify process improvements and contribute to automation initiatives within the Fund Services team
• Provide support to junior associates and ensure adherence to JPMorgan's risk management and control procedures
• Liaise with global teams to handle cross-border fund servicing requirements
• Maintain accurate records and documentation in compliance with data privacy and anti-money laundering regulations

Required Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field
• Minimum of 2-3 years of experience in fund servicing, mutual funds, or asset management operations
• Strong understanding of financial markets, investment funds, and regulatory requirements in the financial services industry
• 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 NAV calculations, fund accounting, and reconciliation processes

Preferred Qualifications

• Experience with fund administration platforms such as Charles River or Aladdin
• Familiarity with Indian financial regulations (SEBI) and international standards (IFRS/GAAP)
• Prior exposure to JPMorgan Chase systems or similar banking operations
• Certification in finance such as CFA Level 1 or equivalent
• Demonstrated experience in client-facing roles within asset management

Required Skills

• Fund accounting and NAV computation
• Data reconciliation and error resolution
• Regulatory compliance (SEBI, AML/KYC)
• Microsoft Excel advanced functions (VLOOKUP, PivotTables)
• Client relationship management
• Attention to detail and accuracy
• Time management in high-pressure environments
• Analytical thinking for financial data
• Team collaboration and communication
• Problem-solving for operational issues
• Knowledge of investment products (mutual funds, ETFs)
• Report generation and presentation skills
• Adaptability to changing market conditions
• Basic SQL or data querying for reporting
• Risk assessment and control procedures

Benefits

• Competitive base salary and performance-based annual bonuses
• Comprehensive health insurance coverage including medical, dental, and vision for employees and dependents
• Retirement savings plan with employer matching contributions
• Paid time off, including vacation, sick leave, and parental leave
• 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 in Mumbai
• Access to JPMorgan's global mobility programs and career advancement opportunities

JP Morgan Chase is an equal opportunity employer.