Securities Services Ops Operations Service Delivery Pricing Associate

Profile

Securities Services Ops – Operations Service Delivery Pricing Associate','200031258','!*!

JPMorgan Chase & Co. (NYSE: JPM)

is a leading global financial services firm with assets of $2.6 trillion and

operations worldwide. The firm is a leader in investment banking, financial

services for consumers and small business, commercial banking, financial

transaction processing, and asset management. A component of the Dow Jones

Industrial Average, JPMorgan Chase & Co. serves millions of consumers in

the United States and many of the world's most prominent corporate,

institutional and government clients under its J.P. Morgan and Chase brands.

Information about JPMorgan Chase & Co. is available at http://www.jpmorganchase.com/.

 

We are driving a culture of quality and

continuous improvement toward the best outcome for client experience, our

colleagues and JPMorgan Chase. We do the right thing, even when it’s not the

easy thing.

 

 

If you're interested in working in

an environment where leadership, excellence, integrity, and diversity are among

our core principles, then explore the opportunities at J.P. Morgan Chase.

 

Description of role, functions and

activities

 

The Pricing team is responsible for

the capture and validation of security prices used to calculate and submit

daily and monthly NAVs subject to time sensitive deliverable deadlines.

 Functions performed by the wider team include:  Client directed

daily customized pricing for production of mutual fund NAVs reported to NASDAQ;

Customized daily pricing for European based mutual fund clients; Pricing for

institutional and retirement investment plans; pricing for Hedge Fund Services

clients, pricing Prime Brokerage client positions and pricing trader position

via the End of Day process.

 

Key Responsibilities and skills: 

 

The daily management of, and creating and maintaining a

positive and collaborative work environment for the team.Produce and analyze valuation movements within client

portfolios on a daily basis. Review of price confirmation collection within

department. Analyze price movements against market expectations. Provide subject matter expertise support to downstream

teams and clients. Liaise with pricing vendors, brokers and clients to

resolve issues and minimize risk. Complete all daily, monthly, and ad-hoc tasks and

reporting as required accurately and to deadline. Resolve client queries promptly and professionally. Participate in client meetings.Escalate all issues promptly and effectively to

supervisorContribute to ongoing developments of the pricing

control processSupport industry regulations and client directed client

requirements; such as FAS157 Leveling, Benchmark support, Shadow pricing

requirements, application of fair value prices, etc…Ad-hoc project work as directed.

','!*!       Qualifications:   2 -4 years asset pricing or fund accounting experienceFund Accounting Experience preferred; required need to understand impact of pricing to the NAV of a mutual fundPricing vendor knowledge, i.e. Bloomberg, ReutersKnowledge of industry activities, particularly corporate actions, index tracking and stock markets. Understand the effect that changes in prices and other data elements have on the market value of an account and be sensitive to these changes. Self motivated and proactive with the proven ability to work accurately and under pressure to meet deadlines. Demonstrate an understanding and interest in stocks, bonds, options, derivative, and financial markets and products. Intermediate to Advanced MS Excel skills, including pivot tables and v-look ups.  Mathematical mindset demonstrating strong numerical skills. Strong analytical/problem solving skills and attention to detail. Demonstrate ability to effectively communicate within a team environment and interact across departments. Demonstrate customer focus, strong communication skills, and follow-up skills. Ability to work independently and multi-task in a fast paced environment.The role holder will be required to operate flexible working hours to cover early starts and/or late finishes as demanded by the business.Bachelor degree with preference in Finance, Accounting, or Economics ','','Operations','US-MA-Boston-451 D Street / 51304','','CORPORATE & INVESTMENT BANK','Full-time','Standard','Day Job','','J.P. Morgan','J.P. Morgan','Securities Services Ops – Operations Service Delivery Pricing Associate

Company info

JPMorgan Chase & Co,
Website : http://www.jpmorganchase.com