JOB DESCRIPTION
As an Associate, you will be responsible for New Client Onboarding operations/Fund Events that involve reconciliations, processing, validating transactions, resolving inquiries, accounting transitions, process automation & efficiencies, and serving as a contact for escalations.
Job Responsibilities:
- All new client onboarding including tax, accounting transitions, and accounting data
- Incremental transitions and restructures of existing clients' records
- Support queries involving transition processing/query resolution
- Upload and process all components of transitions as per the client’s instruction and project plan into accounting systems
- Analyse the tax impact of all transitions including new client onboarding and restructures
- Liaising with other internal teams for the timely resolution of all queries relating to transition processing
- Reconcile all positions onboarded to original source information ensuring all positions have been onboarded correctly, including both accounting and tax records to incumbent custodian
- Communicating with service partners to ensure the timely resolution of all inquiries
- Participating in various projects as assigned
- Ensuring the integrity and accuracy of fund records
- Partnering with upstream and downstream teams to ensure that the Onboarding controls agenda is clearly understood to facilitate its delivery
- Documenting the existence and effectiveness and periodically reviewing the Client Specifics and Standard Operating Procedures
- Providing transparency on the business performance in the form of MIS to Senior Management
- Understand training needs/solutions and implement them to maintain team skill sets and mobility
- Partner with MBM location, peers to ensure consistency in the business agenda
- Relationship management with clients (including JPMorgan Chase & Co. partner locations) by means of service delivery and proactive approach toward client requirements
- Establish policies, procedures, and guidelines which comply with internal and external controls to continuously strengthen the controls environment
- Perform test checks on quality of operations
- Develop and implement efficient and standardized workflows within the team as well as various points of handoffs
- Drive and lead initiatives across key business pillars namely Efficiency, Controls, Audit, and BCP
Qualifications:
- Knowledge of Mutual and Pension Funds, Fund Accounting, GAAP accounting, GAV Recon, and Account Reconciliation
- Knowledge of Fund Accounting components including the Securities industry, dividends, principal and interest, corporate actions, and trading activity
- Chartered Accountant/ MBA/ Bachelor’s degree in Finance, Accounting, or Economics
- Flexible to shift timings
- Meticulous attention to detail
- Ability to work in a deadline-driven environment
- Client-focused
- Control-oriented
- Proficient use of MS Office
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