Job Details of Reference Data

Full job description

ASSET & WEALTH MANAGEMENT, Reference Data Management Operations

Index and Benchmark – Reference Data Analyst

Business Description

J.P. Morgan Asset & Wealth Management, is a global leader in investment and wealth management firm with client assets of $2.4 trillion. The division offers investment management across all major asset classes including equities, fixed income, alternatives, multi-asset and money market funds. Clients include institutions, high-net-worth individuals and retail investors in every major market globally. For individual investors, the business provides retirement products and services plus brokerage and banking services including trusts and estates, loans, mortgages and deposits.

Overview

A critical priority for Asset & Wealth Management (AWM) is to ensure that high-quality data is available to run our business and meet our clients' needs. Reference Data Management Operations ( RDMO) ensures quality data availability across AWM. This specific role is to support Index and Benchmark data within RDMO.

Roles and Responsibilities

The successful candidate will take responsibility for the following activities

SME: Be a subject matter expert (SME), on all aspects of the index and benchmark process.

Benchmark Additions and Changes: Work with Business groups and support functions to action and co-ordinate any new index requirements, Validating exact data requirements, liaising with Vendors, licensing and sourcing to confirm licensing status and get approval for any potential on boarding costs. Work with our aggregator Rimes to have index added to our standard index feeds.

Support Index Onboarding: onboarding of new indices requires new license agreements. Validate licensing requirement and work with the vendor licensing team to define licenses. Check for license renewal and cancellations. All new benchmark onboarding or change should be validated to ensure it is as per the license agreements

Exception Management and Consumer Support: Investigate and respond to queries raised by users across AM and WM related to index and benchmark data. Root cause analysis on benchmark issues through to resolution, including the implementation of controls where necessary. Work closely with relevant teams to get resolution for any index data issues. Liaise with Index Producers to validate or query data issues.

Build Efficiencies: continuously aim for cost saving by ensuring indices by reviewing the license usage. Adherence to benchmark regulations and policies and make relevant changes to procedures where required.

Other tasks as required

Key Relationships

• Index and Benchmark Product Manager & Team Members
• Vendor contacts
• In-region Consumer Technology and Business teams

Qualifications

Industry Knowledge

• 2 or more years of experience in Finance, Consulting or Banking industries
• 1 or more years of experience with Asset and Wealth Management products and processes
• Detailed knowledge of instruments, indexes

Functional Skills

• Demonstrate a level of understanding of market reference data, and preferably a background within index processing
• Knowledge and practical understanding of Financial Services Industry businesses (i.e., wealth management, retail, wholesale well as operations and technology functions)
• Experience at using various market vendor terminals such as Bloomberg, FactSet, Reuters, etc.
• Ideal candidate is likely to have previous experience either from Asset Management, Fund accounting, Hedge Funds or market data vendors.
• Good technical ability with core Microsoft products.
• Strong communications skills both written and verbal
• Experience in liaising pro-actively with Portfolio Managers, Traders, Fund Accountants, Index Vendors, and Operational support teams
• The individual will need to have a proactive approach and take ownership and responsibility for key tasks and issue resolution, with the ability to learn new processes quickly and execute them accurately. They will demonstrate excellent communication skills both verbal and written, and have confidence in interacting with senior management and business partners.
• Excellent documentation, analytical, and reasoning skills (e.g., adheres to best practices in meeting management, regularly completes tasks and conducts business with no supervision over email, produces review-ready documentation)
• Awareness of data-related industry regulatory requirements and emerging trends and issues

Delivery Skills

• Demonstrate ability to achieve challenging goals
• Demonstrate ability to prioritize and handle multiple work streams concurrently
• Client focused

Interpersonal Skills

• Builds strong relationships across globally distributed teams
• Demonstrated interpersonal skills and partnership skills
• Succinctly presents key findings and implications to direct manager
• Advanced Excel skills required. Advanced PowerPoint skills preferred

Personal Character

• Excellent judgment. Knows when and how to escalate
• Adaptable to working in an evolving and changeable environment
• Perpetually curious. Driven to learn. Driven to excel. Able to self-satisfy
• Committed team member