JPMorgan Chase Custody & Fund Services – Product Development Associate – Investment Manager Middle Office Services in Brooklyn, New York

About J.P. Morgan Investor Services

J.P. Morgan’s Corporate & Investment Bank (CIB) is a global leader across Banking, Markets and Investor Services. The world’s largest corporations, governments and institutions entrust us with their business in more than 100 countries.

The Custody and Fund Services business provides middle office services, custody, accounting and administration for investment managers and asset owners, including mutual funds, hedge funds, private equity, real estate funds, pension funds, and fund of funds.

Investment Middle Office Services (IMOS) is key fund services product that provides asset managers the ability to leverage JP Morgan’s operational expertise and market leading technology infrastructure to manage their trade processing, asset servicing, collateral management, reconciliation, and investment record functions. The product encompasses a multi-asset class offering across listed securities, equity swaps, cleared and OTC derivatives, and bank loans.

The Role

The IMOS offering covers functionality across trade validation and enrichment, confirmation, settlements, collateral management, asset servicing, trading asset records, reconciliations, reporting/portal/data services, and onboarding – all across multiple asset classes.

The IMOS Product Development Associate will be responsible for helping drive delivery of key aspects of the strategic middle office product, leveraging firm-wide capabilities to implement efficient and competitive product solutions. The individual will work with product management, operations, and technology to build out and link together key product components for middle office. In addition to interfacing with clients and product teams, this role offers an opportunity to further develop expertise across custody and trading products, asset manager, and market processes. Given the pace of change, responsibilities of the role will include strategic thinking on FinTech, Big Data, etc to provide a competitive product to the market.

Key responsibilities for this role include:

  • Deliver against the strategic IMOS roadmap through the full project life cycle, including analysis, design of the client experience and service model, and testing / migration of the components for delivery

  • Identify opportunities for product improvement, efficiency and standardization

  • Partner with technology to execute the development of the toolset, providing scope documents, business requirements, test scripts

  • Excellent communication and collaboration capabilities to appropriately correspond and partner with internal and external stakeholders

  • Must be organized, meticulous, detail oriented, and able to document specifics in order to follow requirements through to delivery

  • Visio skills / ability to visualize process and workflows are a plus

  • Markets experience and/or experience with one or more of the below middle office service functions or products, ideally at an operations or BA level:

  • reporting and data delivery

  • client onboarding workflows

JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.