ED, Fund Administration, WHEM FSO, Boston recruitment
About J.P. Morgan Worldwide Securities ServicesJ.P. Morgan Worldwide Securities Services (WSS) is a premier securities servicing provider that helps institutional investors, alternative asset managers, broker dealers and equity issuers optimize efficiency, mitigate risk and enhance revenue. A division of JPMorgan Chase Bank, N.A., WSS leverages the firm's global scale, leading technology and deep industry expertise to service investments around the world. It has $15.9 trillion in assets under custody and $6.7 trillion in funds under administration. For more information, go to www.jpmorgan.com/visit/wss
Division:
Fund Services Operations (FSO)Position:
Head of Fund AdministrationLevel:
EDSummaryReporting to the Managing Director, Head of Fund Services for North America, the individual will be responsible for leading all Fund Administration services for the region.
This will include a group of approximately
200 employees providing our financial reporting, treasury/budgeting, compliance monitoring, client oversight, and regulatory support services
Responsibilities:Aggressively and creatively drive the organization to our strategic end state model - functionalized administration services, treasurer oversight, tight accounting connection, and effective location strategyContinue to improve control environment and mindset to achieve higher attestation levels for all servicesDrive ownership and accountability for forecasts and operating metrics Beat forecasts and demonstrate efficiency gains and risk control improvementsMotivate senior team, manage/own communication of tough messages and aggressive goals, grow future leadersBe proactive and strategic with clients
GlobalPlay a leadership role in our Global Utility, location strategy and process reengineering Coordinate WHEM strategy with other regionsAgree on global plans to deliver on the strategyMonitor and steer ongoing BAU performance and initiative progress
ManagementAggressively manage talent ensuring 100% cmpliance with all PMC cyclesTranslate Corporate goals set by upper management into individual and collective goals for all servicesContinually assess all processes to identify areas for improvement.Create and maintain an environment that promotes effective communications between all staff levels and all locationsEnsure entire team has solid understanding of the broader organization and strong relationships with key stakeholdersManage information and processes between operational areas and support functions
Qualifications
ExperienceMust have 15 years experience in fund services leadership roles
Skills and KnowledgeProven ability to successfully lead
and deliver large and complex change agendasStrong motivational and talent evaluation skillsStrong knowledge of all fund services (accounting, administration, tax, etc.)Extensive knowledge of SEC and IRS regulations and rules
In depth understanding of accounting and budgeting concepts
Good organizational and management skills
Advanced analytical skillsAbility to be effective in a highly matrixed, complex global environmentAbility to synthesize and manage significant amounts of complex information from multiple functions and multiple jurisdictionsStrong interpersonal and communications skills, making the complex simpleDemonstrated ability to deliver top quality servicesAttention to details, grasp of the big pictureStrong negotiation skillsTechnologically savvy
EducationBachelor's degree, advanced degree preferred