Securities Services - Fund Accounting Product Manager

Testing Site - JPMC; Mumbai; On-site; INR 2,500,000 - 4,200,000; Full time

Job summary

Testing Site - JPMC is seeking a Fund Accounting Product Manager to join a specialized team. You will help maintain and enhance our product offering by developing new products, partnering with Operations, Product Development, Client Service and other partners to deliver a class-leading client experience, and collaborating with Sales on new business opportunities.

You will act as a Fund Accounting SME, support senior management, Operations, Sales and Clients, shape operating model changes,

Qualifications

• In-depth understanding of Fund Accounting core processes across asset classes, trade lifecycle, fund expenses, P&L computations, balance sheet and basic financial reporting standards.
• 5+ years’ experience supporting Fund Accounting product offering.
• Continuously monitor and track new business opportunities and assist in pipeline reporting.
• Create initial pricing proposals for new deals and reprices, and develop standard templates for pricing proposals.
• Support the cost to serve process, create the initial cost model, and review actual costs post-implementation.
• Respond to questions in prospect RFPs, supporting FA and Fund Admin products.
• Work across Operations, Technology, Sales and Service stakeholders.
• Support billing oversight and governance, and respond to billing inquiries.
• Develop reporting to assess profitability of the Fund Services business and oversee operating expenses.
• Maintain oversight of key vendor relationships.
• Serve as escalation point for issues and conduit for Product requests.

Responsibilities

• Act as a Fund Accounting subject matter expert supporting Senior Management, Operations, Sales, Client Services and Clients / Prospects.
• Provide management and guidance on client, industry and internal change programmes, with focus on efficiency and standardization across the operating model.
• Work with business partners on client satisfaction initiatives and sales opportunities including operating model development, legal agreements and fee models.
• Keep abreast of regulatory change and how this could impact the business.
• Identify areas of opportunity to develop and improve the service offering.
• Participate in Industry events to stay informed of market, client and competitor activity.

Skills

Fund Accounting knowledge

Stakeholder collaboration

Pricing proposals

RFP responses

Cross-functional collaboration

Change management

Billing oversight

Cost-to-serve analyses

Risk and controls awareness

Job description

Job Summary :

As a Fund Accounting Product Manager, you will be a key member of a specialized team working to maintain and enhance our Product offering through developing new products, partnering with Operations, Product Development, Client Service and other partners to deliver a class leading client experience, and working with Sales partners on new business opportunities.

Job Responsibilities

• Act as a Fund Accounting subject matter expert supporting Senior Management, Operations, Sales, Client Services and Clients / Prospects
• Provide management and guidance on client, industry and internal change programmes, with focus on maintaining efficiency and standardization across the operating model
• Work closely with business partners on client satisfaction initiatives and sales opportunities including operating model development , legal agreements and fee models
• Keep abreast of regulatory change and how this could impact the business
• Identify areas of opportunity to develop and improve the service offering
• Participate in Industry events to stay informed of market, client and competitor activity
  

Required qualifications, capabilities and skills :

• In-depth practical understanding of Fund Accounting core processes / concepts that cover various asset classes, trade lifecycle, fund expenses, P&L computations, balance sheet and basic financial reporting standards
• 5+ years’ experience supporting Fund Accounting product offering
• Continuously monitor and track new business opportunities, and assist in pipeline reporting
• Create initial pricing proposals for new deals and reprices, and develop standard templates to support commercial pricing proposals
• Support the cost to serve process, create the initial cost model, and review actual costs post-implementation
• Respond to questions in prospect RFPs, supporting FA and Fund Admin products
• Work across business stakeholders, including Operations, Technology, Sales, and Service
• Support billing oversight and governance, and respond to billing inquiries
• Develop reporting to assess profitability of the Fund Services business, and oversight of operational expenses
• Maintain oversight of key vendor relationships
• Serve as escalation point for issues and the conduit for Product related requests
• Ensure that activities are appropriately reflected in the risk and controls self-assessment and business control forums
  

Preferred qualifications, capabilities and skills :

• Resourceful and execution-driven
• Strong cross-functional/business collaboration skills are required as the candidate will work across multiple teams within the bank.
• Also important are the ability to: synthesize large amounts of information into crisp recommendations; present and defend recommendations to a variety of audiences; manage multiple projects / queries simultaneously and drive them to completion effectively.