Fund Servicing

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 team in Mumbai plays a pivotal role in our Asset & Wealth Management division, ensuring the seamless operation of investment funds that power our clients' success. As a Fund Servicing professional, you will join a dynamic operations team dedicated to delivering high-quality services for mutual funds, hedge funds, and alternative investments. Based in our state-of-the-art facility in Mumbai, Maharashtra, India, you will contribute to the backbone of our Fund Services organization, driving efficiency and accuracy in a collaborative, high-energy environment that values integrity and excellence. Your day-to-day responsibilities will involve processing complex fund transactions, performing NAV calculations, and reconciling data with internal and external partners to maintain the highest standards of accuracy. You will work closely with global teams to support client needs, resolve operational issues, and ensure compliance with international regulations such as SEBI and FATCA. Leveraging JPMorgan Chase's advanced technology platforms, you will generate insightful reports and contribute to process enhancements that optimize fund servicing workflows. This role demands a keen eye for detail and a proactive approach to identifying opportunities for improvement in a fast-paced financial services landscape. We seek individuals who are passionate about the financial industry and thrive in a team-oriented setting. With opportunities for career growth within one of the world's largest banks, this position offers exposure to cutting-edge fund management practices and the chance to build lasting professional relationships. Join JPMorgan Chase in Mumbai and be part of a team that not only supports our clients' ambitions but also shapes the future of fund servicing on a global scale.

Key Responsibilities

• Process and reconcile fund transactions, including subscriptions, redemptions, and transfers to ensure accuracy and compliance
• Calculate Net Asset Values (NAV) for various fund types and perform daily reconciliations with custodians and brokers
• Collaborate with client servicing teams to resolve inquiries and provide timely reporting on fund performance
• Monitor regulatory compliance and implement changes to adhere to evolving financial standards
• Support audit processes by preparing documentation and responding to internal and external queries
• Utilize JPMorgan's proprietary systems to manage fund data and generate customized reports
• Identify operational inefficiencies and contribute to process improvements within the Fund Services team
• Liaise with global stakeholders to ensure seamless fund servicing across time zones
• Maintain accurate records of fund activities and ensure data integrity in line with JPMorgan's risk management policies
• Participate in training and development initiatives to enhance team capabilities in fund operations

Required Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field
• Minimum of 3-5 years of experience in fund servicing, asset management operations, or financial services
• Strong understanding of mutual funds, hedge funds, or alternative investment structures
• Proficiency in regulatory requirements such as SEBI, FATCA, or AIFMD
• Experience with fund accounting, NAV calculations, or reconciliation processes
• Ability to work in a fast-paced, high-volume operational environment
• Fluency in English with excellent communication skills

Preferred Qualifications

• Advanced certification such as CFA, CPA, or FRM
• Prior experience in a global financial institution like JPMorgan Chase
• Knowledge of investment banking products and services
• Familiarity with data analytics tools for financial reporting
• Experience managing cross-functional teams in operations

Required Skills

• Fund accounting and reconciliation expertise
• Knowledge of financial regulations and compliance
• Proficiency in Microsoft Excel and financial software like Aladdin or Bloomberg
• Analytical thinking for problem-solving in complex transactions
• Attention to detail to minimize errors in high-stakes environments
• Strong organizational skills for managing multiple priorities
• Effective communication, both written and verbal, for client interactions
• Team collaboration in a multicultural setting
• Time management to meet daily operational deadlines
• Adaptability to changing market conditions and regulatory updates
• Data analysis for reporting and trend identification
• Risk assessment and mitigation techniques
• Customer service orientation for client-facing responsibilities
• Technical aptitude with database management systems
• Project management skills for process improvement initiatives

Benefits

• Competitive base salary and performance-based bonuses aligned with JPMorgan Chase's compensation structure
• Comprehensive health insurance coverage including medical, dental, and vision plans for employees and dependents
• Retirement savings plan with employer matching contributions to support long-term financial security
• Paid time off, including vacation, sick leave, and parental leave policies
• Professional development opportunities through JPMorgan's internal training programs and tuition reimbursement
• Employee wellness programs featuring gym memberships, mental health support, and fitness challenges
• Flexible work arrangements, including hybrid options in Mumbai, with access to modern office facilities
• Global mobility programs and career advancement paths within JPMorgan Chase's international network

JP Morgan Chase is an equal opportunity employer.