Mutual Fund Trade Operations & Reconciliation Analyst

JP Morgan Chase; Newark (DE); On-site; USD 65,000 - 90,000; Full time

Job summary

JPMorgan Chase & Co. in Newark, DE seeks a Mutual Fund Trade Processing Analyst to process mutual fund transactions, reconcile cash and positions, and resolve daily trade and settlement issues for timely investor outcomes.

You will partner with internal stakeholders to investigate breaks, correct issues, and maintain strong controls across the trade lifecycle. Fast-paced environment with emphasis on accuracy.

Qualifications

• Experience processing mutual fund subscriptions and redemptions.
• Ability to perform cash and position reconciliations and investigate breaks to root cause.
• Ability to calculate and process manual corrections for operational errors using defined procedures.
• Proficiency in Microsoft Excel and Microsoft Word.
• Clear written and verbal communication with internal stakeholders.
• Ability to manage multiple tasks, prioritize, and meet deadlines in a fast-paced environment.
• Understanding of end-to-end process flows and basic technology concepts that support operations workflows.
• Demonstrated attention to detail and a control-oriented approach to operational risk management.
• Ability to work effectively as part of a team to deliver daily processing outcomes.

Responsibilities

• Process mutual fund orders, including current-day and as-of-date transactions.
• Execute same-day trade cancellations for subscriptions and redemptions, when applicable.
• Calculate and process manual corrections for identified trading errors, following procedures.
• Partner with investors and internal stakeholders to resolve daily trading issues and inquiries.
• Investigate discrepancies in trade processing and settlement records, documenting findings and outcomes.
• Perform cash and position reconciliations for current and prior-day settlements.
• Verify that trades and settlements are accurately reflected across records and systems.
• Manage daily and monthly dividend settlement processing for mutual funds.
• Reconcile dividend settlement differences and drive timely resolution of breaks.
• Follow defined controls and escalation steps to support consistent, accurate processing.

Skills

Attention to detail

Communication

Multi-tasking

Teamwork

Problem solving

Process understanding

Tools

Excel

Job description

JPMorgan Chase & Co. in Newark, DE seeks a Mutual Fund Trade Processing Analyst to process mutual fund transactions, reconcile cash and positions, and resolve daily trade and settlement issues for timely investor outcomes.

You will partner with internal stakeholders to investigate breaks, correct issues, and maintain strong controls across the trade lifecycle. Fast-paced environment with emphasis on accuracy.