Securities Services -Alternative Fund Services - Associate Job at JPMorganChase

Overview J.P. Morgan Alternative Fund Services (AFS) supports the Securities Services business within the Corporate & Investment Bank. AFS administers over $950 billion in assets globally, with more than 950 professionals and offices across multiple locations. We provide administration services to more than 150 clients across all alternative asset classes. Responsibilities Maintain the books and records of Hedge/Hybrid and Private Equity funds Review fund governing documents and related agreements; ensure correct setup and maintenance of fund structures and investments in the 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 accordance with control frameworks and internal policies Prepare and/or review capital call and distribution calculations, issue investor notices, and reconcile call proceeds and distribution payments Coordinate with Investor Relations for capital notices and quarterly reporting on investor portals Collaborate with managers, team members and support functions to manage client expectations and meet SLA timelines on deliverables and ad hoc requests Liaise with support functions and 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, preferably at a Big 4, PE firm or fund administrator Knowledge of US Generally Accepted Accounting Principles for Investment Funds Familiarity 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, interpersonal, communication and client service skills; ability to see projects to completion Proficiency in Microsoft Office 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 About Us JPMorganChase is a long-standing financial institution offering innovative financial solutions to consumers, small businesses and a wide range of clients. Our history spans over 200 years and we are a leader in investment banking, commercial banking, asset management and related services. About The Team J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments, serving corporations, governments and institutions in more than 100 countries. #J-18808-Ljbffr