Logo
JPMorganChase

Securities Services - Private Equity Fund Administration - Associate

JPMorganChase, Jersey City, New Jersey, United States, 07390

Save Job

J.P. Morgan Alternative Fund Services ("AFS") is part of the Securities Services business group in the Corporate & Investment Bank and is one of the largest fund and portfolio administration businesses in the industry, administering over $950 billion in assets globally. 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, Bangalore, Guernsey, Hong Kong, Jersey, Singapore, Toronto, and Sydney. We provide administration services to more than 150 clients across all alternative asset classes. As a Private Equity Fund Admin Associate within our client administration team, you will support all facets of daily client deliverables for Private Equity fund administration clients. Your responsibilities will encompass the upkeep of books and records, computation of Net Asset Valuations, preparation of financial statements, assisting with capital events, calculating management fees and carried interest, allocating investor capital and statements, releasing investor reports, and coordinating the year-end process with audit and tax teams. Job Responsibilities

Support all aspects of client deliverables for Private Equity fund administration clients, including client expectations, timelines, and issue resolution Stay abreast of industry standards and best practices while seeking opportunities to enhance operational efficiency and mitigate operational risks Liaise with support functions and internal stakeholders including risk and control groups, audit, compliance, implementation, investor relations, and operations Ensure adherence to control framework including prescribed policies and procedures Participate in ad hoc client projects and internal initiatives Assist in mentoring and developing staff resources while 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) combined with 8+ years of experience working with Private Equity funds in a 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 attention to detail and a hands-on approach Team player with excellent problem-solving, communication, and client service skills as well as the ability to take ownership and manage projects Proficiency in Microsoft Office product suite and advanced MS Excel skills Preferred Qualifications, Capabilities, and Skills

Strong knowledge of Investran or similar integrated Private Equity system a plus Investment fund audit experience with a Big 4 firm a plus 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 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.

#J-18808-Ljbffr