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Asset Management, Global Portfolio Implementation New Account Administrator (New York)

Job Description

Our Business
J.P. Morgan Asset Management, with client assets of $2.4 trillion, is a global leader in investment and wealth management. Its clients include institutions, high-net-worth individuals and retail investors in every major market throughout the world. The division offers investment management across all major asset classes including equities, fixed income, alternatives, multi-asset and money market funds. For individual investors, the business also provides retirement products and services, brokerage and banking services including trusts and estates, loans, mortgages and deposits.

Global Wealth Management (GWM) is part of the Asset & Wealth Management business segment. It has offered for over 160 years customized solutions and client service of the highest quality to solve the complex needs of wealthy individuals and their families around the world. With assets under management of $1.25 trillion, it is one of the largest asset and wealth managers in the world.


The Role

J.P. Morgan Asset Management (JPMAM) is a leading asset manager for institutions, individuals and financial intermediaries, worldwide. Our investment professional are located around the world providing strategies that span the full spectrum of asset classes including equity, fixed income, cash liquidity, currency, real estate, infrastructure, hedge funds and private equity.

Global Portfolio Implementation (GPI) provides portfolio implementation services for discretionary accounts both internally and at third party institutions focusing on rebalancing and risk management activities. The team supports products from both Global Wealth and Global Investment Management

Position Description:

• On-board Separately Managed accounts for various Third Party Financial Intermediaries.
• Evaluate client paperwork to ensure accuracy, proper strategy allocation, client level restrictions while meeting specified procedures and guidelines.
• Activate new accounts in trading and workflow management systems.
• Analyze and review client assets to ensure proper funding by performing daily account reconciliation.
• Build strong internal and external relationships and working closely with Sponsor back office operation teams.
• Remediate and resolve account issues in a timely, professional and effective manner.
• Ability to manage ad-hoc projects requested by sales and or management.
• Document and implement procedural changes as needed.
• Interact with various business partners across the organization with recommendations on enhancing controls, creating greater operational efficiencies and enhancements to manage risk.

Essential Skills:
• Detail oriented, timely and responsive
• Back-office workflow systems experience
• Ability to multi task and communicate effectively
• Work both independently and within a team environment
• Proficient in Excel

Essential Experience:
• 1-2 years Financial Services and or new accounts experience is preferred
• Securities APL and or other separate account wrap systems experience helpful

• Undergraduate degree a must

Req #: 160031461
Location: New York, NY US
Job Category: Asset Management
Employment Type: Full Time
Potential Referral Amount: 0 US Dollar (USD)

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