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CIB Operations - Tax Transparent Fund Operations Hub - Analyst - Bournemouth

Job Description

About J.P. Morgan Chase & Co.
J.P. Morgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.1 trillion and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management and private equity. A component of the Dow Jones Industrial Average, J.P. Morgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about J.P. Morgan Chase & Co. is available at
About J.P. Morgan Corporate & Investment Bank
J.P. Morgan’s Corporate & Investment Bank (CIB) is a global leader across banking, markets and investor services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $18 trillion of assets under custody and $393 billion in deposits, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
Business Overview:  Global Tax Operations
Global Tax Operations primary responsibility is to maximize client's investments by either facilitating effective tax relief at source on client investment income or retrospectively reclaiming taxes from global tax authorities.  This is a high-risk product with diverse market procedures, a significant change agenda and complex market/regulatory requirements.
Job Description
The Tax Transparent Fund (TTF) Operations Hub is a new function, developed to provide operational set-up and support to the day-to-day management of Tax Transparent Fund type clients. The team focuses on delivery and control of TTF client data to ensure accurate and timely operations support and risk management.
The TTF Ops Hub will control the daily processing and oversight of Tax Transparent Fund set-up and maintenance.  Responsibilities include, but are not limited to:
  • Close collaboration with Custody Tax, Fund Accounting, Transfer Agency and Client Relationship teams supporting TTF clients
  • Centralised point of contact for TTF Product Management and Tax Specialists
  • Provision of technical support with new TTF and existing TTF investor onboarding
  • Oversight of internal TTF technology including maintenance, adherence to control framework and implementation of strategic developments
  • Proactive support of multi-platform and accounting reconciliations
  • Management of governance model for TTF client related activity
  • Leverage expertise to ensure TTF clients’ interests are represented and understood throughout the business
  • Develop and promote the Tax Transparent Fund product
  • Build and maintain relationships with internal and external customers
  • Assistance with the following, liaising with other J.P. Morgan operations team where necessary:     
    • Account Opening
    • Transitions
    • Legal entity conversions
  • Proactive support to ensure that clients receive a premier service regarding the following:
    • Documentation
    • Relief at Source
    • Retrospective Reclaims
    • Tax Regulatory Reporting
  • Work with and contribute to Tax Steering Groups
  • Continually review operational tax processes to identify areas for enhancement
  • Identify tax risks and solution resolution
These points have been carefully considered as being essential for the role.  Your background must accurately reflect all of these for your application to be considered.
  • You must have a relevant Degree qualified and/or equivalent industry experience
  • You must be able to demonstrate your in-depth operational international tax experience within financial services, specifically global custody or investment banking (minimum 5 years operations international tax experience)
  • You must be able to discuss experience of client service and relationship management communicating complex tax issues with internal and external stakeholders
  • You will be able to give examples of your priority management experience within a financial services environment where accuracy is of paramount importance and where there are multiple deadlines in a risk awareness environment
  • You will be able to give examples of your successful internal and external communication and problem solving experience
  • You will be able to give examples of your risk awareness and operational control experience within financial services.
  • You will be able to discuss your process improvement experience, where you clearly articulate ideas, concepts and procedural changes to clients
  • You will be able to give examples of your problem solving skills and experiences
  • You will have proven experience within an arena where accuracy is critical within strict deadlines.
  • ATT qualified
  • IOC or other industry related benchmark qualification

JPMorgan offers an exceptional benefits program and a highly competitive compensation package.

JPMorgan is an Equal Opportunity Employer.

Req #: 180022722
Location: Bournemouth, ENG GB
Job Category: Operations
Employment Type: Full Time
Potential Referral Amount: 2500 Pound Sterling (GBP)

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