Fund Servicing Analyst - OTC Derivatives

JPMorganChase; Philippines; On-site; PHP 450,000 - 650,000; Full time

Job summary

JPMorganChase is recruiting a Fund Servicing Analyst to support NAV delivery and derivative servicing in Securities Services Operations in the Philippines. You will process, value, and reconcile OTC derivatives positions, including FX forwards and CFDs, ensuring accuracy and timely reporting in line with client instructions and controls.

You will partner with internal teams to reduce manual touchpoints, strengthen end-to-end controls, and deliver reliable client outcomes across NAV support,

Qualifications

• Experience or working knowledge of derivatives on OTC products.
• Knowledge of client valuation processes and securities types and their accounting treatment.
• Excellent communication and ability to interact with all management levels.
• Quick learner capable of grasping product nuances and processing needs.
• Able to collaborate with peers, managers and cross-functional teams.

Responsibilities

• Apply derivatives and securities knowledge to support accurate trade booking, valuation, and processing.
• Execute controlled processing of trades and lifecycle events in line with client instructions.
• Validate trades, valuations, cash flows, and collateral movements for accuracy.
• Investigate and resolve trade-related breaks within required timelines.
• Serve as a first-level authorizer for in-scope activities per procedures and controls.
• Act as escalation point for internal and external queries, ensuring timely responses.
• Resolve client inquiries within service levels and communicate status and risks.
• Partner with internal teams to drive exception resolution and prevent recurrence.
• Perform root-cause analysis to increase straight-through processing and reduce inquiries.
• Collaborate with client service teams to improve end-to-end workflows.

Skills

Derivatives (OTC)

Valuation process

Communication

Fast learner

Team collaboration

Job description

Job Description:

Join our team to build your career in a culture that values innovation, creativity and excellence. You will work in a fast-paced environment where accuracy, controls, and client outcomes matter every day.

As a Fund Servicing Analyst in Securities Services Operations, you will ensure timely and accurate net asset value (NAV) delivery to support fund accounting and client release. Within the third-party derivatives servicing team, you will process, value, and reconcile client over-the-counter derivatives portfolios, including foreign exchange forwards and contracts for difference, using approved platforms and market and economic data. You will support four core services: NAV support (capturing instructions, processing client-provided valuations and cash flows, and reconciling to fund managers), independent valuations (producing in-house or third-party valuations and cash flows, reconciling to fund managers and counterparties, and generating standard reporting), middle office support (valuations plus confirmation and settlement management), and asset verification (independent verification of derivatives positions and activity). You will apply strong product knowledge and processing controls to support accurate trade booking, valuation, and cash and collateral processing in line with client instructions and reporting. You will partner with internal teams to resolve breaks, reduce manual touchpoints, and strengthen end-to-end controls across the derivatives servicing lifecycle.

Job Responsibilities:

• Apply derivatives and securities markets knowledge to support accurate trade booking, valuation, and processing.
• Execute controlled processing of trades and lifecycle events in line with client instructions and reporting.
• Validate trades, valuations, cash flows, and collateral movements to ensure completeness and accuracy.
• Investigate and resolve trade-related breaks and exceptions within required timelines.
• Serve as a first-level authorizer for in-scope activities in accordance with procedures and controls.
• Act as a primary escalation point for internal and external queries, ensuring timely responses.
• Resolve client inquiries within agreed service levels and communicate status and risks clearly.
• Partner with internal teams to drive efficient exception resolution and prevent recurrence.
• Perform root-cause analysis to increase straight-through processing and reduce client inquiries.
• Partner with client service teams to reduce manual processing and improve end-to-end workflows.

Required qualifications, capabilities and skills:

• Experience or working knowledge of Derivatives on OTC products.
• Knowledge of client valuation process and all security types (Bonds, Equities, Commodities, and Indices etc) their accounting treatment and Derivative experience
• Excellent communication, interaction and influencing skills. Comfortable at interacting with and communicating to all levels of management.
• Quick learner and capable of grasping nuances of products and implications of their processing requirements..
• Partners well with peers, subordinates, managers and functional partners (e.g., Risk, Technology, Operations, and Finance).
• Able to grasp/learn concepts and procedures quickly
• Must be able to work under pressure and make accurate decisions

JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.