Apply Now    

Asset Management - UK Product Administration - Professional

Req #: 170121128
Location: London, ENG, UK
Job Category: Asset Management
Job Description:

JPMorgan Chase & Co. is a leading global financial services firm with assets of more than $2.4 trillion, over 250,000 employees and operations in over 60 countries. It operates across four business segments including Asset & Wealth Management, Corporate and Investment Banking, Commercial Banking and Consumer and Community Banking.

J.P. Morgan Asset & Wealth Management advises institutions, endowments, foundations and families through Asset Management and Wealth Management. Our Wealth Management business includes J.P. Morgan Private Bank, J.P. Morgan Securities and Chase Wealth Management.

The Role

The UK Product Administration is the centre of expertise and knowledge for service providers to the UK domiciled fund ranges (including Investment Trusts). It is a specialist, multi-disciplinary team who operationally monitor the JPMAM UK domiciled fund ranges and some of its service providers. Its mission is to ensure the highest standards are met by the relevant service providers, particularly J.P. Morgan Corporate and Investment Bank Fund Accountants, and that the daily NAV prices are accurately reported in a timely manner. The team is also responsible for the Fund Accounting Oversight aspects of fund launches and share class launches. 

The role is challenging and requires strong communication, planning and organisational skills to assist the team in delivering a consistent first class service to both internal and external stakeholders within a demanding environment. 

The core objective of the position is to be responsible for the accurate and timely production of various outputs including daily NAVs.  This requires an understanding of the key characteristics and risks of the JPMAM UK Fund ranges to ensure that internal checks/controls highlight issues as and when they arise.  It is key to develop/maintain a strong working relationship with internal and external groups undertaking the BAU role for Transfer Agency, Fund Accounting, Trustee & Depositary Services and Custody to ensure clear communication and ensure adequate standards are being met and escalation occurs as required.


The responsibilities of this role include:

  • Daily review of market events in relation to fair valuation of assets and/or markets
  • Review the accuracy of the daily calculated prices for the UK domiciled Fund ranges (including Investment Trusts)
  • Monitor errors and incidents arising for the JPMAM UK Fund ranges and seek timely resolution of issues within set timeframes
  • Act as key knowledge point between UK Product Administration and the wider business
  • Liaison with both internal and external parties regarding Fund Accounting aspects of the JPMAM UK Fund Ranges
  • Month end and Quarter end reporting (both internal and external)
  • Quarterly swing pricing calculation
  • Monthly distribution reporting
  • Fund expense invoicing oversight
  • BAU share class launches
  • Involvement in fund specific initiatives (fund launches, mergers, terminations etc.)
  • Involvement in daily/weekly/monthly processes and reporting requirements across the whole UK Fund range
  • Attend key meetings where appropriate


  • The results and measures which will be used to gauge performance in this role are:
  • Daily review of NAVs within set timeframes
  • The volume of issues resolved in agreed timeframes
  • The number of errors of a reportable manner on the Funds
  • The compensation being paid out on behalf of the JPMAM UK Funds in respect of pricing errors
  • Feedback from Service Providers and internal departments on the query response rate
  • The development of a ‘Best Practice Model’ for procedures, processes and controls which accurately reflect the risks around the JPMAM UK Pooled Fund ranges
  • The creation of regular checklists, regular reviews and monitoring (issues log) leading to enhanced service provision and reporting of issues
  • The ‘buy-in’ of the Service Providers (internal and external) to the resolution of issues

Technical knowledge

  • Specific knowledge of UK Pooled Funds, both Institutional and retail
  • Exposure to/understanding of Fair Valuation
  • Exposure/understanding of Swing Pricing  


The ideal candidate will have experience in a similar role or similar experience within a service delivery type role (specifically Fund Accounting)

IMC preferred although not essential

Systems knowledge

  • Microsoft applications including, but not limited to, Excel (to macro level ideally), PowerPoint and Word


The behavioural competencies the role holder will require are as follows:

  • Thinks strategically, conceptually and analytically – rigorous analytical/logical capability to analyse business requirements, complex data, the market place, and problems and the conceptual ability to propose/execute a strategy/solutions and monitor it consistently
  • Builds relationships and working with others – ability to build effective/commercial relationships with business heads, team, suppliers and others
  • Strives for excellence – demonstrates continuous drive for excellence and improvement to business processes, procedures and systems
  • Focuses on results – demonstrates and achieves a concern for excellence in operational processes whilst consistently delivering innovative ideas and solutions and able to set priorities, draw conclusions and identify the key issues requiring action.
  • Self-management – independent, adaptable and tenacious with proven ability in communicate goals, visions and objectives, whilst working closely with others to influence/agree and align priorities/action plans with broader organisational goals and internal standards
  • Communication – excellent written and verbal communication and negotiation skills.



JPMorgan Chase & Co. offers an exceptional benefits program and a highly competitive compensation package. JPMorgan Chase & Co. is an Equal Opportunity Employer.

Apply Now    

Join our Talent Community

Not ready to apply? Leave your information with us and we will keep you up to date with new career opportunities.

Other Information

Apply Using LinkedIn

You can also apply using your LinkedIn® profile. It may save you some time because your information will be automatically transferred into our system. Just click on the LinkedIn logo when you get to the application screen and follow the directions.

Submit an Updated Résumé

During the application process, be sure you have an up-to-date copy of your Résumé, your cover letter and any other documentation you would like to submit.