Funds Administration – Business Oversight and Controls Associate recruitment

JPMIM Funds Administration is responsible for the business management and oversight of approximately 300 pooled investment vehicles with AUM of $0.5 trillion.
The vehicles include over 165 U.S. domiciled mutual funds, 100 commingled funds and 10 3c-7 funds. With more than 700 investment professionals representing 23 different countries, J.P. Morgan has extensive investment management capabilities across all asset classes and security types.
Funds Administration reports to JPMIM's Chief Administrative Officer for Pooled Vehicles and President of the JPMorgan Mutual Fund Complex ("Complex") and as part of its business management function, oversees the various service providers to the funds including the Fund Accounting Agent, Custodian, Administrators and Sub Administrator.

Job Description:The Business and Controls Associate will be responsible for providing overall quality control, assurance and oversight for various aspects to the pooled investment vehicles within JPMIM.

This individual will partner with various stakeholders and control functions and is expected to provide strong thought leadership, strategic vision and drive to continually enhance the overall control and oversight environment. This individual will be the main point of contact for Securities Lending and Sub-Adviser oversight.
In this role, the individual will be responsible for the following:
Sub-Adviser OversightInitial, on-going and annual due diligence and oversight of the sub-advisers and third party managers to the JPMorgan mutual and commingled funds.Lead cross functional sub adviser oversight working group consisting of members from Funds Administration, Compliance, Office of the CCO, and IT Risk ManagementAssist in preparation of quarterly reporting of due diligence results to the Sub Adviser Governance Committee and the Board of TrusteesSecurities Lending OversightOversight of the JPMorgan mutual funds and commingled funds securities lending program' control environment including compliance with the program guidelines and reporting requirements.Assist in preparation of quarterly reporting to the Board of Trustees.
Regulatory Filing of Form N-PX
Responsible for the complete, accurate and timely filing of the Form N-PX for the JPMorgan Mutual FundsPartner and coordinate with various stakeholders to ensure proper filing as well as develop process efficiencies.Various Risk Related Projects and InitiativesResponsible for coordinating monthly meetings with representatives from Internal Audit, Office of the CCO, SOX team and Compliance to gain a better understanding of the control environment and deficiencies identified by the various groupsReview SSAE16's of various service providers to the JPMorgan Funds to ensure that appropriate risks are addressed, whether at the service provider or internally within our organizationPerform reviews of the Prospectus and SAI to ensure proper disclosures are included for Securities Lending and Dissemination of Portfolio Holdings.Assess the effectiveness of controls, processes and procedures through the Control Self Assessment process.Responsible for maintaining the business continuity plan for Funds Administration.

Qualifications
Minimum of 12 years experience, within the financial services industry, asset management/mutual funds preferred.Experience in a control related function such as compliance, risk management and/or internal audit.Ability to conduct and provide direction on projects and initiatives, coordination with subject matter experts and produce a final work product for senior management and board members, as applicable.Strong risk identification and mitigation skills and experience in developing best practice controls, policies and procedures to manage and mitigate risks.Analytical mindset; detail oriented, with the ability to assess and understand the broader picture implications.Proactive attitude, commitment to continuous learning, willing to challenge the status quo to improve processes.Strong organizational and time management skills, with the ability to work on concurrent assignments and deliver results in a timely and accurate manner.Self motivated, results oriented, and driven, displaying a sense of urgency and purpose in the role and a strong commitment to continuous learning and improvement.Excellent verbal, written and presentation skills, ability to communicate in a clear and concise manner.