Fund Servicing Associate II
Full-time
metro manila, philippines
Bring precision to the numbers that underpin investors’ trust. In this role, you will help ensure investment funds are valued accurately and on time, supporting strong outcomes for unit holders and meeting regulatory expectations. You’ll investigate breaks, improve data quality, and partner with stakeholders across operations. If you enjoy structured problem-solving and improving controls, this role offers meaningful ownership and impact.
Job summary
As a Fund Servicing Associate within the Securities Services Operations, you support accurate and timely calculation and reconciliation of net asset value (NAV) for investment funds in line with German regulatory expectations. You will investigate and resolve reconciliation differences, maintain high-quality fund accounting and custody data, and provide fund accounting information and static data (such as prices and security identifiers) to relevant stakeholders. You’ll collaborate across teams to reduce breaks, strengthen controls, and improve process efficiency.
Job responsibilities
- Perform end-to-end NAV reconciliations on a daily (public mutual funds only), weekly, and monthly basis.
- Compare fund accounting records received from fund managers/administrators with internal accounting records, including valued holdings, derivatives, foreign exchange forwards, cash, accruals, payables, and receivables.
- Produce reconciliation packs and reporting outputs using approved internal systems and tools.
- Investigate material NAV breaks, document root causes, and drive timely resolution in partnership with relevant internal teams and external stakeholders where applicable.
- Apply quality management practices to help ensure accuracy and completeness of fund accounting and custody data.
- Maintain security static data to ensure accurate identifiers (e.g., ISIN, WKN) are recorded and updated when needed.
- Provide expense accrual inputs to the appropriate processing team when required by the client or fund manager/administrator.
- Coordinate information flow for additional valuations and unit activity (purchases/sales) with relevant stakeholders.
- Support processing and reconciliation activities related to over-the-counter (OTC) derivatives.
- Manage inquiries by providing clear, accurate, and timely responses and maintaining appropriate records.
Required qualifications, capabilities and skills
- Chartered Accountant qualification, Master of Business Administration (MBA), or bachelor’s degree in finance, accounting, or economics.
- Minimum of 5 years of experience in pension funds and fund accounting.
- Working knowledge of fund accounting, reconciliation processes, and relevant industry developments.
- Securities operations knowledge including dividends, principal and interest, corporate actions, and trading activity.
- Strong analytical and problem-solving skills, including the ability to identify issues and implement control enhancements.
- Ability to manage multiple priorities in a fast-paced environment and meet tight deadlines.
- Strong attention to detail, with a proactive approach to identifying and escalating issues appropriately.
- Demonstrated relationship management skills and ability to influence across teams.
Preferred qualifications, capabilities and skills
- Strong oral and written communication skills, including the ability to present messages clearly and consistently.
- Demonstrated leadership behaviors, including influencing stakeholders to deliver process or control improvements.
- Track record of fostering collaboration within and across teams.
- Experience using analytics, workflow automation, or intelligent process tools to improve accuracy, reduce manual effort, or increase efficiency in operational processes.
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
Deliver accurate net asset value reconciliation and fund data support for investment funds under German regulatory standard