JPMorgan Asset Mgmt, Fund Manager, Mutual Funds; Product Development & Platform Management Job Listing at J.P. Morgan in OH, Ohio

JPMorgan Chase

J.P. Morgan

Location: OH, OHIO
Posted: 03/08/2013
Refreshed: 05/20/2013
Application deadline: None
Type: Full time
Career Level: Not specified
Salary Range: Not specified
Number of Jobs: 1
Relocation Available: No
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Industries
Finance
Description
J.P. Morgan Asset Management, with assets under supervision of approximately $1.8 trillion and assets under management of $1.3 trillion, is a global leader in investment management. J.P. Morgan Asset Management's clients include institutions, retail investors and high-net worth individuals in every major market throughout the world. J.P. Morgan Asset Management offers global investment management in equities, fixed income, real estate, hedge funds, private equity and liquidity. Investment Management Americas ("IMA") is a division of J.P. Morgan Asset Management. IMA Funds Administration ("Funds Administration") is responsible for business management and oversight for J.P. Morgan pooled vehicles including mutual funds, collective investment funds and hedge funds (collectively referred to as "Funds"). Funds Administration, which reports to the President of the JPMorgan Funds/Chief Administrative Officer, is comprised of the following functional areas: Funds Treasury, Governance and Board Management, Taxation, Product Implementation/Project Management and Vendor Management/Technology and Operations. Job Description The Fund Manager role is a leadership position within Funds Treasury, and reports to the Assistant Treasurer ("AT") of the Funds. The Fund Manager will lead a team of fund controllers with responsibility for overall management and oversight of a group of Funds; this entails having a comprehensive understanding of the Funds and all aspects of their activities, from an investment, operational, regulatory, taxation and financial reporting perspective. The Fund Manager will have responsibility for implementation of a risk focused management and oversight model that takes into consideration the market, regulatory and business environment that the Funds operate within. The Fund Manager will support the AT in new fund development and implementation efforts to create the appropriate business management and oversight model as well as other Fund related initiatives as they arise. The role is highly visible within the organization and requires working cross functionally in areas including: Portfolio and Risk Management, Legal, Compliance, Product Development, Sales/Distribution, Client Service and the various vendors that provide services to the pooled vehicles. Specific areas of responsibility include:
  • Fund Operations - execute risk focused oversight model that addresses all aspects of Fund Operations including: daily/monthly net asset values, distributions, expenses, implementation of accounting policies, issue identification, management and resolution.
  • New products/change to existing products - evaluating all aspects of proposals (e.g., prospectus language, trading/operational model, distributions, expense structure, etc.) to identify solutions to launch/modify the product. Overall responsibility for implementing the appropriate risk-focused oversight controls.
  • Financial reporting and disclosure controls - review and sign off of Funds' financial statements and regulatory filings; coordination of all audit efforts with service providers and external auditors; and, executing disclosure control procedures in support of Audit Committee clearance meetings, principal financial/executive officer certifications, etc.
  • Fund Regulatory filings, requests and inquiries - review and provide input to all Fund-related regulatory filings (e.g., N-1A), participate in efforts to respond to regulatory requests and inquiries related to the Funds.
  • Fund related initiatives - leading/participating in various Fund related initiatives.
  • Governance/Board Reporting - development of materials to summarize oversight results to Funds' governing bodies.
  • Management Reporting - development of materials to escalate key issues and status of initiatives.

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