Assistant Trustee Manager — Officer/ AVP (Based in Stockholm, Sweden) recruitment
J.P.
Morgan is a leading provider of financial services in the Nordic region.
The firm
has been committed to serving clients in the area since the 1900s, when Manufacturers Hanover Trust Company and The Chase Manhattan Bank, forerunners of today's J.P.
Morgan, did business and financing with leading Nordic shipping and industrial companies. The firm opened its first Nordic office in 1973, followed by branches in the Nordic capitals in the 1980s and 1990s. J.P.
Morgan's current footprint in the Nordic region consists of investment banking, asset management and securities services branches in Stockholm, and Treasury Securities Services branches are also present in Oslo, Copenhagen and Helsinki.
About J.P. Morgan Treasury Security Services
Treasury Securities Services (TSS) generates more than $8 billion in revenue annually and is a global leader in custody, securities lending, fund accounting and administration, as well as in treasury services. TSS supports the needs of institutional clients worldwide and is one of the top three providers in both of its businesses: Treasury Services (TS)
and Worldwide Securities Services (WSS).
Business Overview:
Trust and Fiduciary is part of Worldwide Securities Services. Trust and Fiduciary provide depositary services for investment funds on behalf of a large number of Investment Management groups across Europe, supporting over 2,000 funds with assets in excess of $1 trillion.
The Depositary Team is responsible for overseeing that clients manage their funds in accordance with fund rules and local regulations. This oversight includes monitoring the safekeeping of fund assets, plus desktop and site visit checks on client controls over fund accounting, the unit register and investment compliance. Errors and potential breaches are referred for the team to follow-up and resolve with the client. The team in Sweden consists of
2 members and the team reports into the Head of Trust and Fiduciary in the UK.
Job description
The role of the Assistant Trustee Manager is to assist the Fiduciary Manager in ensuring that J.P. Morgan meets its obligations to oversee clients' funds.
This is achieved through participation in reviews at the client's offices, including preparation of visit agendas and drafting of reports, oversight of error and breach reports and assisting with ongoing client risk assessment. The role also includes review of the funds' rules submitted to us by clients.
Client interaction and servicing skills are a significant aspect of the role and strong interpersonal skills are required in order to develop close working relationships with relevant client personnel and other service providers.
Qualifications
These
points have been carefully considered as being essential for the role.
Your background must accurately reflect all of these for your application to be considered:In depth knowledge of local investment fund industry and regulations.Good knowledge of custody and workings of worldwide stock markets.Ability to create and sustain high quality working relationships with client group personnel.Previous experience in building relationships with internal and external stakeholders.Knowledge of Fund Accounting.Excellent analytical, Judgment and prioritization skills.Excellent organizational skills and the ability to handle numerous tasks concurrently.Fluency in Swedish and English languages is essential.
JPMorgan offers an exceptional benefits program and a highly competitive compensation package.JPMorgan is an Equal Opportunity Employer.