JPMorganChase
Securities Services - Private Equity Fund Administration - Associate
JPMorganChase, Jersey City, New Jersey, United States, 07390
Overview
Securities Services - Private Equity Fund Administration - Associate at J.P. Morgan Alternative Fund Services (AFS). AFS is part of the Securities Services business group in the Corporate & Investment Bank, administering fund and portfolio administration for private equity and related asset classes. The AFS business operates globally with offices and client base across multiple regions and supports more than 150 clients. Job Summary
As a Private Equity Fund Admin Associate within our client administration team, you will manage daily client deliverables for Private Equity fund administration clients, including books and records upkeep, Net Asset Valuations, financial statement preparation, capital events, management fees and carried interest calculations, investor capital allocations and statements, and investor reporting. You will coordinate year-end processes with audit and tax teams, manage client expectations and timelines in line with SLAs, and resolve client issues and escalations. A deep understanding of Private Equity fund structures and governing documents is required. Responsibilities
Manage all aspects of client deliverables for Private Equity fund administration clients, including client expectations, timelines, issues and escalations Stay abreast of industry standards and best practices, seeking opportunities to improve operational efficiency and mitigate risks Liaise with support functions and internal stakeholders (risk and control, audit, compliance, implementation, investor relations, and operations) Ensure adherence to the control framework and prescribed policies and procedures Lead ad hoc client projects and internal initiatives Mentor and develop staff, providing oversight on technical topics and client-related issues Review fund governing documents, side letters and agreements to determine impact on reporting deliverables and ensure adherence Required Qualifications, Capabilities And Skills
A professional accounting qualification (CA, CPA) with 8+ years of experience working with Private Equity funds in fund administration or related capacity Knowledge of US GAAP for Investment Funds and a thorough understanding of Private Equity fund structures Bachelor’s Degree in Accounting, Finance or MBA Ability to work under pressure to meet tight deadlines and balance multiple priorities Strong leadership, attention to detail, and hands-on management style Team player with excellent problem solving, communication and client service skills, and the ability to take ownership and manage projects Proficiency in Microsoft Office and advanced MS Excel skills Preferred Qualifications, Capabilities, And Skills
Strong knowledge of Investran or similar integrated Private Equity systems is a plus Investment fund audit experience with a Big 4 firm is a plus About Us
JPMorganChase offers innovative financial solutions to millions of customers and clients. Our history spans over 200 years, and we are a leader in investment banking, asset management, and related financial services. Equal Opportunity
We are an equal opportunity employer and value diversity and inclusion. We do not discriminate on protected attributes. We also provide reasonable accommodations for applicants’ religious practices, mental health or physical disability needs. Location
New York, NY Employment type
Full-time
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Securities Services - Private Equity Fund Administration - Associate at J.P. Morgan Alternative Fund Services (AFS). AFS is part of the Securities Services business group in the Corporate & Investment Bank, administering fund and portfolio administration for private equity and related asset classes. The AFS business operates globally with offices and client base across multiple regions and supports more than 150 clients. Job Summary
As a Private Equity Fund Admin Associate within our client administration team, you will manage daily client deliverables for Private Equity fund administration clients, including books and records upkeep, Net Asset Valuations, financial statement preparation, capital events, management fees and carried interest calculations, investor capital allocations and statements, and investor reporting. You will coordinate year-end processes with audit and tax teams, manage client expectations and timelines in line with SLAs, and resolve client issues and escalations. A deep understanding of Private Equity fund structures and governing documents is required. Responsibilities
Manage all aspects of client deliverables for Private Equity fund administration clients, including client expectations, timelines, issues and escalations Stay abreast of industry standards and best practices, seeking opportunities to improve operational efficiency and mitigate risks Liaise with support functions and internal stakeholders (risk and control, audit, compliance, implementation, investor relations, and operations) Ensure adherence to the control framework and prescribed policies and procedures Lead ad hoc client projects and internal initiatives Mentor and develop staff, providing oversight on technical topics and client-related issues Review fund governing documents, side letters and agreements to determine impact on reporting deliverables and ensure adherence Required Qualifications, Capabilities And Skills
A professional accounting qualification (CA, CPA) with 8+ years of experience working with Private Equity funds in fund administration or related capacity Knowledge of US GAAP for Investment Funds and a thorough understanding of Private Equity fund structures Bachelor’s Degree in Accounting, Finance or MBA Ability to work under pressure to meet tight deadlines and balance multiple priorities Strong leadership, attention to detail, and hands-on management style Team player with excellent problem solving, communication and client service skills, and the ability to take ownership and manage projects Proficiency in Microsoft Office and advanced MS Excel skills Preferred Qualifications, Capabilities, And Skills
Strong knowledge of Investran or similar integrated Private Equity systems is a plus Investment fund audit experience with a Big 4 firm is a plus About Us
JPMorganChase offers innovative financial solutions to millions of customers and clients. Our history spans over 200 years, and we are a leader in investment banking, asset management, and related financial services. Equal Opportunity
We are an equal opportunity employer and value diversity and inclusion. We do not discriminate on protected attributes. We also provide reasonable accommodations for applicants’ religious practices, mental health or physical disability needs. Location
New York, NY Employment type
Full-time
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