Fund Servicing Associate - OTC Derivatives

Fairygodboss; Philippines; On-site; PHP 1,200,000 - 2,000,000; Full time

Job summary

JPMorganChase in the Philippines seeks a Fund Servicing Associate (Manager level) to ensure timely and accurate NAV delivery and oversee derivatives processing. You will guide day-to-day team execution, validate trades, and manage risk with end-to-end ownership.

The role includes client onboarding support and collaboration with technology for enhancements. Strong knowledge of OTC derivatives, valuation, cash flows, and collateral is required, along with leadership and stakeholder communication

Qualifications

• Bachelor's degree required.
• Minimum five years in financial services.
• Experience with Tableau or Alteryx preferred.

Responsibilities

• Provide timely and accurate NAV delivery to support fund accounting and client release.
• Lead day-to-day team execution and oversight of derivatives processing.
• Process, value, and reconcile OTC derivatives per client instructions.
• Book trades with valuation, cash flow, and collateral.
• Reconcile derivatives portfolios and investigate breaks.
• Perform first-level authorization and quality review.
• Serve as escalation point for stakeholder queries.
• Collaborate with internal teams to resolve exceptions.
• Perform root-cause analysis to improve straight-through processing.
• Manage operational risk with end-to-end ownership.
• Support onboarding and technology enhancements.

Skills

OTC derivatives

Valuation & cash flows

Collateral processing

Risk & controls

Stakeholder communication

Cross-functional collaboration

Time management

Education

Bachelor's degree

Tools

Tableau

Alteryx

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 Associate (Manager level) in Securities Services Operations, you will be responsible for timely and accurate net asset value (NAV) delivery to support fund accounting and client release. You will lead day-to-day execution and provide oversight to ensure accurate booking of derivatives trades based on client instructions, including valuation, cash flows, and collateral processing. You will process, value, and reconcile client over-the-counter derivatives activity using third-party derivatives servicing platforms and relevant market and economic data. You will manage exceptions and escalations, apply strong risk and controls discipline, and partner with internal teams to resolve issues within required service levels. You will support ongoing client onboardings and technology enhancements in a dynamic operating environment.

Job responsibilities:

• Apply derivatives and securities markets knowledge to support accurate, controlled processing.
• Lead day-to-day team execution and quality oversight to support timely NAV delivery and client release.
• Process and validate derivatives trades and lifecycle events in line with client instructions and procedures.
• Book trades accurately and ensure completeness of valuation, cash flow, and collateral processing.
• Reconcile derivatives portfolios and investigate breaks, driving timely resolution within cutoffs.
• Perform first-level authorization and quality review activities in accordance with controls and procedures.
• Act as an escalation point and respond to stakeholder queries promptly and accurately.
• Partner with internal teams to resolve exceptions efficiently and prevent recurrence.
• Perform root-cause analysis to increase straight-through processing and reduce client inquiries.
• Manage operational risk by identifying, escalating, and resolving issues above materiality thresholds with end-to-end ownership.
• Partner with technology and strategy teams to support onboarding activity and implement process or system enhancements.

Required qualifications, capabilities, and skills:

• Working knowledge of over-the-counter derivatives products and servicing processes, including valuation, cash flows, and collateral.
• Understanding of client valuation processes and valuation impacts across major asset classes (for example, fixed income, equities, commodities, and indices).
• Experience executing or overseeing controlled processing in an operations environment with deadlines and cutoffs.
• Strong risk and controls mindset, including escalation and end-to-end issue ownership.
• Strong written and verbal communication skills with the ability to engage stakeholders across levels.
• Ability to collaborate effectively with partners across Operations, Technology, Risk, and Finance.
• Strong time management and structured problem-solving skills.

Preferred qualifications, capabilities, and skills:

• Bachelor's degree.
• Five years of experience in the financial services industry.
• Experience with digital or automation tools (for example, Tableau or Alteryx).

ABOUT US

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.

ABOUT THE TEAM

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.