Description |
J.P. Morgan Hedge Fund Services delivers an extensive solution for Hedge Fund and Funds clients seeking independent administration and custody services or to outsource their day-to-day operations. Custody Reporting and Recordkeeping Specialist The Custody Reporting and Recordkeeping Specialist will be an integral member of a team, responsible for providing custodial services to funds of hedge funds and other alternative investment vehicles. This individual will report to the Operations Manager and work closely with the Operations Specialist staff to ensure that all client reporting needs are met and that the custody reporting system is maintained in an accurate and timely fashion. They will also be responsible for supervising certain activities of the team of Operations Specialists. This individual will work closely with the Senior Fund of Funds Custody Manager to define the operating model and establish recordkeeping and reporting policies and procedures. This individual will ensure the accuracy of the recordkeeping system while performing the following functions:
* Manage all aspects of custody reporting and report delivery to clients.
* Produce custody reports on a scheduled and ad hoc basis, and trade confirmation reporting.
* Manage system report writing capabilities and development of production reports.
* Liaison with Client Service Managers on reporting and operational issues.
* Manage and control receipt of monthly performance reporting for all underlying holdings in client portfolios.
* Review and approve monthly pricing of underlying positions.
* Manage and control receipt and recording of all "Corporate Actions" related to underlying positions; share conversions, equalization credits, side-pocket adjustments, etc.
* Manage and control receipt of trade confirmations and contract notes for all transactions in client portfolios.
* Manage process to collect and record proceeds from redemptions of underlying positions.
* Use custody reporting and processing system to extract and report Key Process Indicators (KPIs) for management reports
* Use custody reporting and processing system to extract volume and transaction metrics for client billing.
* Calculate billing and communicate with Advantage billing team.
* Manage client receivable aging and liaise with Client Service Managers on collection strategies.
* Serve as a member of the departmental steering committee for managing issues associated with the custody reporting and processing system including recommended system upgrades.
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Requirements |
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* Profile: The function requires the individual to display the following characteristics
* Effective communicator with supervisory skills
* Basic understanding of financial and investment products
* Detail and quality oriented
* Superior accounting and recordkeeping skills and experience
* Reconciliation skills
* Data management experience and computer systems literacy
* Work experience in accounting/finance
* Responsible self starter comfortable with working in a team environment Requirements:
* A minimum of 1 - 3 years relevant experience
* Bachelors Degree and/or accounting qualification, or equivalent experience
* Comprehensive working knowledge of Microsoft Office and fund administration systems
JPMorgan Chase offers an exceptional benefits program and a highly competitive compensation package.
JPMorgan Chase is an Equal Opportunity and Affirmative Action Employer, M/F/D/V
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