As an Associate in J.P. Morgan Alternative Fund Services, you will be part of a dynamic team that administers over $950 billion in assets globally. You will maintain the books and records of Hedge/Hybrid and Private Equity funds, review fund governing documents, prepare and review periodic Net Asset Valuations, and coordinate with various internal and external stakeholders. This role provides an opportunity to enhance your accounting skills, work with a diverse team, and contribute to one of the largest fund and portfolio administration businesses in the industry.The business was launched in November 2005 through the commercialization of the finance and technology teams supporting J.P. Morgan’s various private equity and real estate entities. Our AFS business has over 950 dedicated professionals with offices in Dublin, London, Luxembourg, New York, New Jersey, Boston, Bangalore, Guernsey, Hong Kong, Jersey, Singapore, Toronto and Sydney. We provide administration services to more than 150 clients across all alternative asset classes.
Want more jobs like this?Getjobsdelivered to your inbox every week.
Want more jobs like this?
Getjobsdelivered to your inbox every week.
Select a locationGet Jobs
Select a location
Job Responsibilities:Maintain the books and records of Hedge/Hybrid and Private Equity fundsReview fund governing documents and other related agreements, and ensure correct set-up and maintenance of fund structures and investments in accounting databasePrepare and/or review periodic Net Asset Valuations, management fee and carried interest/performance fee calculations, investor allocations and capital account statements in adherence with the control framework, including internal policies and proceduresPrepare and/or review capital call and distribution calculations including investor notices and reconcile call proceeds and distribution paymentsCoordinate with Investor Relations, release of capital notices and quarterly reporting on investor reporting portalWork closely with manager, team and support functions to manage client expectations and ensure adherence to SLA timelines on client deliverables and ad hoc requestsLiaise with support functions, internal & external stakeholders including risk and control groups, audit, tax, compliance, implementation and investor relationsRequired qualifications, capabilities, and skills:[PGL(HU1]Bachelor’s Degree in Accounting, Finance or related field3+ years' experience in an accounting roleKnowledge of US Generally Accepted Accounting Principles for Investment FundsFamiliar with Private Equity & Hedge fund structuresAnalytical thinker and problem solver with attention to detail, ability to work under pressure and balance multiple prioritiesTeam player with strong organizational, excellent interpersonal, communication and client service skills with ability to see projects to completionProficiency in Microsoft Office product suite and strong MS Excel skillsPreferred qualifications, capabilities, and skills:Professional accounting qualification (CA, CPA) a plusExperience with Investran or similar integrated Private Equity system a plusExperience at a Big 4, PE firm or fund administratorABOUT USJPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.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/VeteransABOUT THE TEAMThe Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.
