Asset Management, Broker Dealer Management Vice President

Jpmorgan Chase & Co. New York , NY 10007

Posted 2 weeks ago

Essential Job Functions

Main functions & skill sets include some combination of the following:

  • Own aspects of broker/dealer oversight activity for J.P. Morgan Institutional Investments Inc. and JPMorgan Distribution Services, Inc. as requested by management

  • Support regulatory dealer manager responsibilities for the publicly offered alternative funds

  • Drive effective management of the broker dealer in partnership with compliance, sales management, and other senior leaders in asset management (coordination of policies, procedures, controls, consistent flow of communication between areas)

  • Participate on major projects impacting broker/dealers (regulatory changes, mutual funds, etc.) to plan and carry out details necessary to complete the project

  • Own Board Reporting: coordination, collection and review of material (quarterly, annually) for distribution to boards

  • Create and present quarterly Distributor reports to the Fund Governance Committee

  • Ongoing Due Diligence review of Intermediaries utilizing regulatory knowledge and various resources (newsletters, regulatory notices) to identify/escalate potential concerns to Intermediary Oversight forum

  • Business oversight to include surveillance of registered representative electronic communications with escalation of potential issues to management, determine requirements/who s/b licensed and Supervisory structure

Knowledge and Skills Required for Essential Job Functions

  • Experience (5+ years), with broker dealer oversight and supervision for mutual fund, ETF and private funds required.

  • Experience (5+ years) and knowledge of Mutual Fund distribution related fees including 12b1 and Shareholder Servicing Fees under the Investment Company Act of 1940

  • Knowledge of FINRA and Investment Company Act of 1940 regulations

  • Knowledge of mutual fund service provider structures and related interdependencies

  • FINRA licenses - Series 7 & 24 required. Candidates not yet licensed will be required to obtain both licenses (Series 7 & Series 24) in the 1st 6 months of employment

  • Strong written and verbal communication skills

  • Technically proficient with standard office computer applications (Excel, Word, Power Point)

  • Project management experience a plus

  • Must be able to work independently within a team environment, and demonstrate flexibility and ability to adjust quickly to the changing demands of the business and team

  • Must be customer focused

  • Must maintain an extremely high level of attention to detail

  • Must have strong organizational skills, be able to balance multiple projects simultaneously and work well in a deadline orientated environment

  • Must possess continuous process improvement mindset

  • Good problem-solving skills, ability to think of multiple alternatives/angles and identification of pros/cons

  • Professional presence required

Decision Making Authority

  • Commensurate with experience level, incumbent may be involved with recommendations, decision making concerning the day-to-day operation and oversight of the various entities

  • Need to exercise good judgment in escalating issues in a timely manner

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Asset Management, Broker Dealer Management Vice President

Jpmorgan Chase & Co.