JPMorganChase
Securities Services - Alternative Fund Services - Associate
JPMorganChase, Boston, Massachusetts, us, 02298
Overview
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Securities Services - Alternative Fund Services - Associate
role at
JPMorganChase .
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.
Job Responsibilities
Maintain the books and records of Hedge/Hybrid and Private Equity funds
Review fund governing documents and other related agreements, and ensure correct set-up and maintenance of fund structures and investments in accounting database
Prepare 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 procedures
Prepare and/or review capital call and distribution calculations including investor notices and reconcile call proceeds and distribution payments
Coordinate with Investor Relations, release of capital notices and quarterly reporting on investor reporting portal
Work closely with manager, team and support functions to manage client expectations and ensure adherence to SLA timelines on client deliverables and ad hoc requests
Liaise with support functions, internal & external stakeholders including risk and control groups, audit, tax, compliance, implementation and investor relations
Required Qualifications, Capabilities, And Skills
Bachelor’s Degree in Accounting, Finance or related field
3+ years’ experience in an accounting role
Knowledge of US Generally Accepted Accounting Principles for Investment Funds
Familiar with Private Equity & Hedge fund structures
Analytical thinker and problem solver with attention to detail, ability to work under pressure and balance multiple priorities
Team player with strong organizational, excellent interpersonal, communication and client service skills with ability to see projects to completion
Proficiency in Microsoft Office product suite and strong MS Excel skills
Preferred Qualifications, Capabilities, And Skills
Professional accounting qualification (CA, CPA) a plus
Experience with Investran or similar integrated Private Equity system a plus
Experience at a Big 4, PE firm or fund administrator
About Us JPMorganChase, 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.
Equal Opportunity We are an equal opportunity employer and place a high value on diversity and inclusion. We do not discriminate on the basis of protected attributes and make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans.
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Securities Services - Alternative Fund Services - Associate
role at
JPMorganChase .
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.
Job Responsibilities
Maintain the books and records of Hedge/Hybrid and Private Equity funds
Review fund governing documents and other related agreements, and ensure correct set-up and maintenance of fund structures and investments in accounting database
Prepare 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 procedures
Prepare and/or review capital call and distribution calculations including investor notices and reconcile call proceeds and distribution payments
Coordinate with Investor Relations, release of capital notices and quarterly reporting on investor reporting portal
Work closely with manager, team and support functions to manage client expectations and ensure adherence to SLA timelines on client deliverables and ad hoc requests
Liaise with support functions, internal & external stakeholders including risk and control groups, audit, tax, compliance, implementation and investor relations
Required Qualifications, Capabilities, And Skills
Bachelor’s Degree in Accounting, Finance or related field
3+ years’ experience in an accounting role
Knowledge of US Generally Accepted Accounting Principles for Investment Funds
Familiar with Private Equity & Hedge fund structures
Analytical thinker and problem solver with attention to detail, ability to work under pressure and balance multiple priorities
Team player with strong organizational, excellent interpersonal, communication and client service skills with ability to see projects to completion
Proficiency in Microsoft Office product suite and strong MS Excel skills
Preferred Qualifications, Capabilities, And Skills
Professional accounting qualification (CA, CPA) a plus
Experience with Investran or similar integrated Private Equity system a plus
Experience at a Big 4, PE firm or fund administrator
About Us JPMorganChase, 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.
Equal Opportunity We are an equal opportunity employer and place a high value on diversity and inclusion. We do not discriminate on the basis of protected attributes and make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans.
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