Depositary Services - Product Associate

JOB DESCRIPTION

We have an exciting opportunity to join our Depository team. As our new Depository Manager, you will gain exposure to all areas of the funds’ industry including regulatory, legal, compliance, accounting, transfer agency services, custody, collateral management, and risk management.

You you will manage the overall depositary client relationship for a portfolio of AIFMD clients across multiple fund structures and asset types. In addition, you will represent J.P. Morgan at quarterly fund board meetings, due diligences, sales pitches, service meetings and industry events. You shall act as a highly-skilled depositary specialist operating in a culture of high performance and mastering the AIFM (and UCITS) regulatory framework.

Job Responsibilities

• Be responsible for the management of depositary client relationships
• Partner with all stakeholders to ensure fiduciary responsibilities are satisfactorily discharged
• Manage regular client meetings, presentations and attendance at board meetings and due diligences, ensuring client relationships are managed to a professional standard
• Perform depositary duties in line with the applicable operating model and regulatory framework (Recordkeeping and Ownership Verification, Valuation Oversight, etc)
• Proactively manage client issues ensuring timely closure of breaches, errors and other significant matters affecting the funds
• Develop and sustain high quality working relationships with internal and external stakeholders
• Partner with Sales and Business Development teams for new depositary business deals and implement depositary oversight programmes
• Get involved in Project Management for depositary initiatives

Required qualifications, capabilities, and skills

• Minimum 2 years of experience in Depositary Services
• Good knowledge of AIFMD regulatory framework
• Proficient communication/client management skills (English)
• Strong analytical skills with ability to exercise professional judgement
• Ability to collect, process and analyse data and information to develop recommendations or conclusions at a level appropriate to the role.
• Organized and structured approach to work to ensure timely closure of issues
• Ability to provide high quality and accurate level of services within set deadlines
• Ability to participate in change, initiatives and projects
• Build strong relationships with colleagues and third parties

ABOUT US J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
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
The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.

J.P. Morgan delivers investor solutions that help clients protect their portfolios, optimize their efficiency and maximize opportunities in diverse global markets. Teams support clients across a global custody network spanning 100 markets, with custody and asset servicing, fund accounting and administration, alternative investment services, integrated analytics, agency lending, collateral management and depositary receipt solutions. Clients include asset and fund managers, asset owners, banks and broker-dealers, hedge funds and alternative investors, and insurance companies.