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, 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, preferably at a Big 4, PE firm or fund administrator
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
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/Veterans
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