Job Description

JOB DESCRIPTION

The Fees Operations Associate is responsible for business coordination, financial analysis, oversight of functions, and act as a subject matter expert for various fees and discount billing practices.




Job Responsibilities :

• •Perform detailed analysis and problem resolution of complex fee calculations through understanding of performance attributes, portfolio returns, benchmark indices, market values, and cash flow data.•
• •Maintain knowledge of Investment Management fee terms and structures for each account in order to concisely articulate each calculation with Investor Specialist and Client Service Managers while obtaining approvals to finalize fee calculations.•
• •Manage the IM (Investment Management) fee client account workflow from onboarding, fee calculation, analysis, review, and invoice distribution•
• •Identify automated fee calculation structures and develop UTs for manual calculation structures as required.•
• •Develop relationships Client Service Managers and key offshore stakeholders to align with Fee Operations.•
• •Interpret fee agreement language and understand the requirements before calculating an invoice•
• •Development & maintain risk and control framework for performance fee calculations and required UTs•
• •Identify automation opportunities and contribute to technology builds to create an industrialized support model for management fees.•
• •As member of the team, you will also learn, manage, and have ownership for other areas of asset management fee types, analysis, calculations, and team functions.•

Required Qualifications, Skills and Capabilities:

• •7 to 10 years' experience in Finance, Accounting, Operations or similar work experience•
• •Financial Services Industry knowledge including investment products, mutual funds, and regulatory rules is desired.•
• •Bachelor's Degree required with advanced degree(s) a plus (MBA, CFA, or CPA)•
• •Strong Analytical acumen and Data Mining Skills•
• •Experience with fee agreement interpretation and performance fee structures a plus.•


ABOUT US

JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.



We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.







ABOUT THE TEAM



J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.