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Asset Management - Accounting & Income Support - Associate

Req #: 180013806
Location: Newark, DE, US
Job Category: Asset Management
Job Description:
Asset & Wealth Management Overview
J.P. Morgan Asset & Wealth Management (AWM) is an industry leader with over $1.8 trillion in assets under management. Its productive and beneficial workplace contributes to a 95% employee retention rate for top talent. AWM clients include institutions, advisors, and individuals in every major market throughout the world. This division offers Investment Management services for all major asset classes including Equities, Fixed Income, Alternatives, Solutions, and Global Liquidity.
Firm-Wide Opportunities
  • 130 offices in over 60 countries allowing for many global opportunities and interactions within the company
  • Mobility encouraged between lines of businesses (LOB’s) and locations
  • Ability to progress within the company and grow your career
  • Collaborative environment with a team-oriented approach to business
  • Exposure to senior management at all levels
  • Diverse workplace & Equal Opportunity Employer
  • Various Business Resource Groups to get involved and network with
  • Many events offered to expand network and knowledge of the company
  • Exposure to current events and financial market activity
  • Regular webcasts and town hall meetings to interact with senior management
  • Excellent training programs
  • Competitive benefits and vacation time
  • Volunteer and mentorship programs
About Accounting & Income Support
The Accounting & Income Support Team is responsible for the oversight and control of the Income Accounting process in the Investment Operations platform (Eagle), including accrual calculations and transaction processing. The team is also responsible for customized client reporting, regulatory reporting and oversight.  The Accounting & Income Support Manager provides oversight, management, and strategic leadership for the team, along with serving as a point-person for other operational departments, portfolio management teams, client service teams, and custodians.
  • Create business solutions for control weaknesses and make assessments and risk analysis to prioritize workloads and influence internal and external groups.
  • Lead and direct projects to achieve stated goals and improve efficiencies within teams.
  • Manage through issues that arise urgently and be able to identify and quickly escalate based on risk to firm and impact to clients as well as other internal groups.
  • Review and approve staff processing, focusing on meeting daily, weekly and monthly controls and deliverables.
  • Develop and Document staff performance and provide effective feedback on regular basis
  • Effectively delegate team responsibilities given current commitments, ad-hoc requests and internal and external inquiries
  • Oversight of Income Accrual Processing and Reconciliation Exception Resolution.
  • Perform both voluntary and mandatory corporate action related events
Bachelor’s Degree in Accounting, Business Administration, Economics, Finance or equivalent work experience
  • 3-5 years industry experience
  • Management experience with a large team
  • MBA is a plus
  • Knowledge of  financial instruments and techniques
  • Proficiency with Excel and other Microsoft Office applications
Preferred Skills
  • Intent to manage and process both the team and self
  • Organizational, time management and multi-tasking skills
  • High degree of attention to detail
  • Excellent written and verbal communication skills
  • Excellent problem solving and analytical skills
  • Ability to work in deadline oriented and controlled environment
  • Ability to demonstrate flexibility and adaptability to rapidly changing business and technology needs
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