Alternative Fund Services (AFS) - Fund Accounting Analyst JPMorgan AFS delivers an extensive solution for hedge fund, private equity, and fund of hedge fund clients seeking independent administration and custody services or to outsource their day-to-day operations. The Fund Accounting team has the responsibility for providing a premium quality client service to AFS Clients, ensuring deadlines are met at all times.
Job Responsibilities:
- Preparation/Review/Oversight of Net Asset Value Files and Review/Oversight of Daily Profit and Loss Calculations
- Preparation/Review of fund, share class, and investor allocations including calculations of management and performance fees
- Ensure all scheduled work is completed by agreed deadlines, checklists are signed and files contain all required documentation including ensuring all controls and procedures outlined in the procedures manual and general company policies are complied with across all groups
- Develop a thorough knowledge of our client base and building relationships with Investment Managers and other related third parties and create, maintain and update procedures for client specific deliverables
- Work closely with the new business team and client through the on-boarding process and on-going review of daily controls and communication of any new training or procedural changes to your team
- Work closely with your clients to resolve queries and providing first level account and with investment operations, reconciliations, investor relations and financial reporting teams to agree with internal deadlines to ensure external client deadlines are met
- Assist with training and coaching new team members as the group grows and ensure that technology available is being fully utilized in the most efficient manner. Report to management on MIS and ad hoc that issues that may arise
Required Qualifications, Skills and Capabilities:
- Bachelor degree required, degree preference is Finance, Accounting, or Economics
- 3+ years of Hedge Fund experience or work for Big 4 audit firms
- Thorough knowledge of the hedge fund & private equity environment including accounting for investor allocations, share classes, waterfalls calls/distributions processing and complex investment and securities processing
- Streamline operational processes to reduce risk and improve efficiency
- Excellent client service orientation and proven ability to deal with demanding clients
- Work closely with legal/compliance to ensure all funds are in compliance with the relevant regulatory authorities
- Ensure there is appropriate back up on each fund to cover holidays, absences and turnover
Preferred qualifications:
- Experience with private equity is a plus
- Strong knowledge of hedge fund products, analytical skills, communication skills and proven adaptability and ability to work in a high growth area
- Ability to lead and manage high performing teams, superior interpersonal skills, strategic thinker with proven track record
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 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.
Skills Required
- Bachelor's degree
- Degree in Finance, Accounting, or Economics
- 3+ years hedge fund experience or experience at a Big Four audit firm
- Thorough knowledge of hedge fund and private equity accounting (investor allocations, share classes, waterfalls, calls/distributions, complex securities processing)
- Experience streamlining operational processes to reduce risk and improve efficiency
- Excellent client service orientation and ability to manage demanding clients
- Experience working with legal/compliance to ensure regulatory compliance for funds
- Experience with client onboarding, reconciliations, investor relations, and financial reporting coordination
- Experience with MIS, reporting, and using available technology to improve efficiency
- Experience leading/managing teams, strong analytical and communication skills, adaptability in high-growth environments
JPMorganChase Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about JPMorganChase and has not been reviewed or approved by JPMorganChase.
-
Healthcare Strength — Medical, dental, vision, and mental-health coverage are broad, with wellness incentives, on-site or virtual care, and an EAP offering coaching and counseling. Plan materials emphasize accessible options, including multiple medical choices and tools to manage costs.
-
Parental & Family Support — Paid parental leave extends up to 16 weeks for all parents, supplemented by paid Critical Caregiver Leave. Family resources include backup childcare via Bright Horizons, lactation support and milk-shipping, family-building assistance, and even a free five-month SNOO rental for newborns.
-
Retirement Support — Retirement programs include a 401(k) with an annual company match and automatic pay credits for most employees, with a legacy pension available to earlier hires. An Employee Stock Purchase Plan at a 5% discount further supports long-term savings.
JPMorganChase Insights
What We Do
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products. Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com. ©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.
Why Work With Us
Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.
Gallery
