Reference Data Analyst
Company: JPMorgan Chase
Location: Newark
Posted on: January 13, 2023
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Job Description:
Asset Reference Data Services is aligned to the Corporate
Investment Bank and provides reference data services to the entire
firm for instrument and pricing. The organization's objectives are
to explain the path that critical data follows, improve data
quality, reduce ambiguity and inconsistent terminology, enhance
transparency, rationalize the number of replicated data assets, and
improve firm wide-sharing of information and best practices. ARDS
strives create firm wide standards that drive consistent data
management of vendor data supporting instrument reference data and
daily asset pricing. The organization is improving automation and
looking to implement a client service focus.Within the Reference
Data Operations space, the Data Management Oversight team is
primarily responsible for maintaining fixed income and equity asset
and pricing data in our core Global Security Master Data system for
the front and middle office investment groups. The team is
responsible for ensuring asset data quality for all intra-firm data
subscribers, including front office and back office systems and
timeliness of updates to asset data to ensure compliance checks and
trades are executed with minimal issues. In addition, the group is
responsible for the identification and resolution of escalated
issues identified by traders and portfolio managers that occur
within Security Master Data and pricing functions, implementing
daily controls based on process enhancements, and partnership w/
technology to create a streamlined strategic global data process
flow through increased efficiencies and process improvements.The
role requires a great deal of communication with many internal
clients, such as the Fund Services Client pricing team, NAV
Valuation teams, on-boarding teams, as well Technology multiple
platforms. Candidates will be expected to work closely with
operations counterparts in these regions on a day to day
basis.Eligible candidates for this role should have a strong
background in various security types ranging from Fixed Income
bonds to Equity Options. This person will be expected to learn a
large number of internal systems, how they interact and impact our
overall process. They should be able to trouble shoot issues by
interacting with various operations and technology teams globally
and be able to resolve issues with short term and long term
solutions through technological and / or procedural
enhancements.The ability to articulate and communicate issues and
solutions to fellow team members, senior management and internal
clients will be a key function as well. Also, they should be able
to create and present updates to larger audiences including senior
management. This person should be able to prioritize work
appropriately and independently as well as act with a sense of
urgency to deliver accurate and timely results.The ARDS group has
access to firm wide training available to improve skills and learn
new capabilities. There is opportunity to learn about new
automation tools and take ownership of processes to improve
capacity, efficiency and control.**Roles and Responsibilities**+
Daily price capture & validation of all investment types.+ Analyze
asset valuation movements on a daily basis.+ Review of price
confirmation to ensure validated prices are published accurately+
Analyze price movements against market expectations.+ Complete all
daily, monthly, and ad-hoc tasks and reporting as required
accurately and to deadline.+ Resolve client queries+ Understand the
effect that changes in prices and other data elements have on the
market value of an account and be sensitive to these changes+
Investigation of pricing inquiries from business partners+
Communication with vendors, as needed+ Other tasks/ projects
related to vendor pricing data as assigned by manager+ Identifying
control gaps and quality deficiencies and look to implement
tactical and strategic solutions to prevent re-occurrence+ Support
audit requests through evidence retrieval and review of pricing
activities+ Provide regular updates on projects and metrics to
Senior Management.**Qualifications**+ Bachelor degree with
preference in Finance, Accounting, Economics, Mathematics, Computer
Science, Engineering or related field.+ 1-3 years of industry
experience+ Knowledge of financial instruments and desire to learn
new instruments and financial techniques+ Knowledge of industry
activities, particularly corporate actions, index tracking and
stock markets and fixed income products+ Moderate to advanced
knowledge of Bloomberg terminals and products+ Pricing vendor
knowledge, i.e. Pricing Direct, Bloomberg, Reuters+ Ability to
trouble shoot exceptions/ issues quickly to avoid market exposure+
Strong analytical/ problem solving skills and attention to detail.+
Ability to use creative thinking to identify solutions for complex
processes and/ or issues+ Self-motivated and proactive with the
ability to work in a team and work accurately and under pressure to
meet deadlines+ Ability to work in deadline oriented and controlled
environment+ Ability to demonstrate flexibility and adaptability to
rapidly changing business and technology needs+ The role holder
will be required to operate flexible working hours to cover early
starts and/or late finishes as demanded by the business+ Must be
able to take ownership of initiatives and drive them to completion
with little or no guidance+ MS Excel skills, including pivot tables
and v-look ups+ 1 to 3 years asset Pricing or NAV/ Fund accounting
experience, preferred but not required+ Demonstrate ability to
effectively communicate within a team environment and interact
across departments+ Demonstrate customer focus and follow-up
skills+ Ability to work independently and multi-task in a fast
paced environmentUnderstand the effect that changes in prices and
other data elements have on the market value of an account and be
sensitive to these changesJPMorgan Chase & Co., 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. In
accordance with applicable law, we make reasonable accommodations
for applicants' and employees' religious practices and beliefs, as
well as any mental health or physical disability needs.The health
and safety of our colleagues, candidates, clients and communities
has been a top priority in light of the COVID-19 pandemic. JPMorgan
Chase was awarded the "WELL Health-Safety Rating" for all of our
6,200 locations globally based on our operational policies,
maintenance protocols, stakeholder engagement and emergency plans
to address a post-COVID-19 environment.As a part of our commitment
to health and safety, we have implemented various COVID-related
health and safety requirements for our workforce. Employees are
expected to follow the Firm's current COVID-19 or other infectious
disease health and safety requirements, including local
requirements. Requirements include sharing information including
your vaccine card in the firm's vaccine record tool, and may
include mask wearing. Requirements may change in the future with
the evolving public health landscape. JPMorgan Chase will consider
accommodation requests as required by applicable law.We offer a
competitive total rewards package including base salary determined
based on the role, experience, skill set, and location. For those
in eligible roles, discretionary incentive compensation which may
be awarded in recognition of individual achievements and
contributions. We also offer a range of benefits and programs to
meet employee needs, based on eligibility. These benefits include
comprehensive health care coverage, on-site health and wellness
centers, a retirement savings plan, backup childcare, tuition
reimbursement, mental health support, financial coaching and more.
Additional details about total compensation and benefits will be
provided during the hiring process.Equal Opportunity
Employer/Disability/Veterans
Keywords: JPMorgan Chase, Newark , Reference Data Analyst, Professions , Newark, Delaware
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