Analyst - ETF Basket Operations

JPMorganChase is hiring an Analyst - ETF Basket Operations within its Fund Servicing team. The role ensures ETF baskets accurately reflect fund holdings, projected events, and valuations, and supports efficient creation and redemption activity through daily basket construction, projection, validation, and coordination with partner teams.

What you'll do:

• You will be responsible for the daily construction, projection, and validation of ETF baskets that support primary market activity
• 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

What they're looking for:

• 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
• Minimum of 1 year of experience in financial services (ETF, fund accounting, or operations) preferred

Benefits:

• 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.
• Comprehensive health care coverage
• On-site health and wellness centers
• A retirement savings plan
• Backup childcare
• Tuition reimbursement
• Mental health support
• Financial coaching