Please Note
- An estimate based on public data for similar roles. Not provided by the employer.
Fund Servicing Associate (Manager) - OTC Derivatives
Role summary
Written by MyIslandJob from the job title and employer. See the employer's page for the full description.
This role supports the servicing and lifecycle management of over-the-counter derivatives, including trade capture, confirmation, settlement, valuation support, reconciliations, exception investigation, and client or internal reporting. Requirements typically include a bachelor’s degree, relevant experience in fund administration, derivatives, investment operations, or financial services, and a sound understanding of OTC products and operational controls. Strong analytical, organizational, communication, and problem-solving skills are expected. The manager-level candidate should be able to supervise processes or teams, manage escalations, improve controls, meet strict deadlines, and work effectively with global stakeholders. Familiarity with Excel, operational systems, risk controls, and regulatory requirements is advantageous.
Can I work in the Philippines?
Never pay anyone for a visa or a job offer. A real employer pays the permit costs and never asks you for money.
How it works
How it works: Work permit route: the bank must post the job for Filipinos first, then file the permit and the 9(g) visa; senior and specialist posts are the realistic ones.
Before you apply: Dealing, advising and senior roles usually need a regulator's licence or approval, which checks your honesty, skills and finances. Ask if your job does.
Watch for: Graduate analyst roles are the hardest case: a permit is issued only if no Filipino is competent, able and willing to do the job (Labor Code, article 40).
Official source: Bureau of Immigration: Pre-arranged Employment Visa (9G). Checked November 2026.
What the job usually comes with in the Philippines
Usual for Banking jobs in the Philippines, varies by employer. Checked November 2026.
| Housing | Senior expat packages often add a housing allowance; local-hire contracts do not |
|---|---|
| Relocation | Employer files the permit and visa; fees are agreed in the contract; moving help for senior hires only |
| Flights | Yearly home flight in some senior expat packages; none for local hires |
| Contract | Regular after at most 6 months' probation (by law); foreigners' contracts follow the permit, 1 to 3 years |
| Leave | 5 days after 1 year; 10 regular holidays and 8 special days in 2026 (by law) |
| Income tax | 0% to PHP 250,000 a year (about USD 4,000), then 15% to 35%; 13th month tax-free to PHP 90,000 |
| Health cover | PhilHealth is deducted from pay and matched by the employer (by law); a company health plan is the office norm |
Senior staff often get more than line staff, for example a single room or a yearly home flight. Ask the employer what the job includes before you accept.
Guidance, not legal advice. Rules change; your employer confirms the details for your case.
About JP Morgan Chase
JPMorgan Chase & Co. is one of the world’s largest and most diversified financial services companies. Headquartered in the United States, it provides investment banking, commercial banking, asset management, consumer banking, payments, and securities services to individuals, businesses, institutions, and governments. Its operations in the Philippines support global businesses through areas such as fund servicing, technology, finance, risk, customer operations, and transaction processing. The company is known for its large international network, structured career development, professional training, and emphasis on risk management, controls, innovation, and client service. Employees commonly work with colleagues across Asia, Europe, and North America, making communication, adaptability, and strong operational discipline important. Compensation and benefits vary by level, experience, business unit, and location.