You have at least 1 year of experience in financial services related to ETF, fund accounting, and/or Operations and seeking your next opportunity. This is the team for you!
As an Analyst - ETF Basket Operations within the Fund Servicing team at JPMorganChase, you will ensure baskets accurately reflect fund holdings, projected events, and valuations, enabling efficient creation and redemption activity. This role requires strong attention to detail, understanding of ETF mechanics, and the ability to manage time-sensitive deliverables across multiple funds. You will be responsible for the daily construction, projection, and validation of ETF baskets that support primary market activity.
Job responsibilities
- Build, maintain, and publish daily ETF baskets in alignment with fund holdings.
- Project corporate actions (COACs), income accruals, and distributions into baskets in accordance with established methodology.
- Validate in-kind creation and redemption activity against published baskets, ensuring accuracy of securities, quantities, and cash components.
- Identify and resolve issues impacting trade processing, including ID mismatches, ineligible securities, or projection gaps.
- Perform T+1 projected versus actual analysis for income and explaining variances.
- Execute daily controls to ensure completeness and accuracy of baskets, projections, and valuations, escalating any risks or discrepancies.
- Partner with Fund Accounting, Trading, Corporate Actions, and Technology teams to resolve issues and support daily deliverables.
- Support new ETF launches through basket setup, testing, and validation activities.
- Contribute to process improvements and automation initiatives to enhance efficiency and reduce operational risk.
Required qualifications, capabilities, and skills
- Bachelor’s degree in Finance, Accounting, or related field.
- Strong analytical and problem-solving skills with high attention to detail.
- Ability to manage multiple priorities in a fast-paced, deadline-driven environment.
- Effective communication skills with the ability to clearly articulate issues and resolutions.
Preferred qualifications, capabilities, and skills
- Minimum of 1 year of experience in financial services (ETF, fund accounting, or operations) preferred.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, 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.
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.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
Skills Required
- Bachelor's degree in Finance, Accounting, or a related field
- Strong analytical and problem-solving skills
- High attention to detail
- Ability to manage multiple priorities in a fast-paced, deadline-driven environment
- Effective communication skills and ability to clearly articulate issues and resolutions
- At least 1 year of financial services experience related to ETFs, fund accounting, or operations
JPMorganChase Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about JPMorganChase and has not been reviewed or approved by JPMorganChase.
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Healthcare Strength — Medical, dental, vision, and mental-health coverage are broad, with wellness incentives, on-site or virtual care, and an EAP offering coaching and counseling. Plan materials emphasize accessible options, including multiple medical choices and tools to manage costs.
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Parental & Family Support — Paid parental leave extends up to 16 weeks for all parents, supplemented by paid Critical Caregiver Leave. Family resources include backup childcare via Bright Horizons, lactation support and milk-shipping, family-building assistance, and even a free five-month SNOO rental for newborns.
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Retirement Support — Retirement programs include a 401(k) with an annual company match and automatic pay credits for most employees, with a legacy pension available to earlier hires. An Employee Stock Purchase Plan at a 5% discount further supports long-term savings.
JPMorganChase Insights
What We Do
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products. Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com. ©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.
Why Work With Us
Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.
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