This job is closed
Applications are no longer available for this announcement. Explore current related opportunities below.
Job description
Posting Description
J.P. Morgan's Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $29 trillion of assets under custody and $650 billion in deposits, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extend liquidity in markets around the world.
Job Description
J.P. Morgan's Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $29 trillion of assets under custody and $650 billion in deposits, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extend liquidity in markets around the world.
Alternative Fund Services (AFS)
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.
Position Responsibilities
Manage a Fund Accounting team and ensure client deadlines are met and work executed in accordance with internal controls
Prepare/Review of fund, share class, and investor allocations including calculations of management and performance fees/carry
Prepare/Review Net Asset Value Files & Daily Profit & Loss
Interpret fund agreements to determine impact on fund set-ups, financial reporting requirements and NAV reporting
Maintain thorough knowledge of client base and industry standards (i.e., accounting, tax and legal) to serve and communicate with clients most effectively
Serve as senior client escalation; anticipate and proactively communicate resolution of issues to clients
Assist with/lead training initiatives. Manage team capacity, budgets and cross training plans.
Lead and work on special projects, new client/fund onboardings & internal investment initiatives
Streamline operational processes to reduce risk and improve efficiency
Required Qualifications, Capabilities, And Skills
Minimum 10 years of accounting experience, preferably including Public Big 4 and partnership or hedge/private equity fund accounting
Thorough knowledge of the hedge/PE Fund environments including accounting for investor allocations, share classes, and complex investment and securities processing
Bachelor's degree in Accounting, Economics or Finance preferred
Must be innovative and analytical, with excellent verbal and written communication skills
Strategic thinker with proven track record
Must have team player instincts with the ability to see a project to conclusion with little follow-up
Excellent client service orientation and proven ability to deal with demanding clients
Preferred Qualifications, Capabilities, And Skills
Professional accounting qualification (CA, CPA) a plus
Experience with Investran or similar integrated Private Equity system a plus
Familiarity and experience with private equity concepts (e.g. waterfall calculations, capital call/distribution processing, PE investment structures)
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.
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 recognise 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
About The Team
J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
#J-18808-Ljbffr
Worksite address
boston, MA, 02298, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.