JP Morgan Chase & Co.

Alternative Fund Services - Fund Accounting - Analyst

JP Morgan Chase & Co. • $80K — $95K *
Boston, MA 02210In-Person
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Accounting, or Economics required.
  • 3+ years of Hedge Fund experience or from Big 4 audit firms.
  • In-depth knowledge of hedge fund & private equity accounting practices.
  • Ability to streamline operations for risk reduction and efficiency.
  • Strong client service focus with experience in handling demanding clients.
  • Collaborative with legal/compliance for fund regulations adherence.
  • Capability to ensure operational continuity during absences.

Responsibilities

  • Prepare, review, and oversee Net Asset Value files and daily profit and loss calculations.
  • Manage fund, share class, and investor allocations, including performance fee calculations.
  • Ensure timely completion of all tasks and adherence to company procedures.
  • Develop relationships with clients and maintain updated client-specific procedures.
  • Assist with client onboarding and manage ongoing training on new procedures.
  • Resolve client queries and collaborate with various internal teams to meet deadlines.
  • Train and coach new team members while optimizing technology use.

Benefits

  • Professional development opportunities.
  • Collaborative work environment.
  • Engagement with high-profile clients and investment managers.
  • Growth opportunity within a dynamic, high-performance team.
Full Job Description
JOB DESCRIPTION

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 allcontrols 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 accountandwith 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

About JP Morgan Chase & Co.

JP Morgan Chase & Co. stands at the forefront of the global financial services industry. They offer an expansive array of products and services to a diverse clientele, including individuals, corporations, governments, and institutions. Ever since the merger of J.P. Morgan & Co. and Chase Manhattan Corporation in 2000, this industry-leading entity has become renowned for its comprehensive portfolio encompassing consumer and community banking, corporate and investment banking, commercial banking, as well as asset and wealth management. Headquartered in the vibrant city of New York, JP Morgan Chase & Co. boasts a formidable presence across over 100 countries worldwide.

Unveiling Employment Opportunities at JP Morgan Chase & Co.

Vacancies and Hiring Initiatives

JP Morgan Chase & Co. is continuously on the lookout for talented individuals eager to contribute to its legacy of excellence. The company's recruitment efforts are geared towards identifying candidates with the right blend of skills and qualifications to drive forward its various business segments. Whether you are a seasoned professional or a recent graduate, JP Morgan Chase offers a plethora of job openings across multiple disciplines.

High-Demand Positions

Among the myriad of roles, certain positions stand out for their attractive compensation packages and career advancement prospects. Notably, high-paying jobs at JP Morgan Chase & Co. include Relationship Manager, Branch Manager, and Software Engineer. These roles are critical to the firm's operations and offer lucrative opportunities for those with the requisite expertise.

Navigating the Job Market at JP Morgan Chase & Co.

Leveraging Job Portals and Job Alerts

For job seekers aiming to tap into the opportunities at JP Morgan Chase, staying updated through job portals and subscribing to job alerts is crucial. These tools can provide timely information about job openings, job fairs, and recruitment events, enabling candidates to apply promptly and prepare adequately for interviews.

Preparing Your Job Application

Your job application, comprising your resume and cover letter, is your ticket to securing an interview at JP Morgan Chase. Highlight your qualifications, skills, and experiences that align with the job listing, ensuring you stand out in the competitive job market.

Acing the Interview

Preparation is key to succeeding in your interview with JP Morgan Chase. Familiarize yourself with the company's business segments, values, and recent achievements. Demonstrating how your background and aspirations match the company's goals can significantly increase your chances of employment. A World of Job Opportunites in the Financial Services Industry JP Morgan Chase & Co. offers a world of job opportunities for those seeking to make their mark in the financial services industry. With competitive salaries, comprehensive benefits, and endless possibilities for growth, positions at JP Morgan Chase are highly coveted. By staying informed through job sites, tailoring your applications, and preparing thoroughly for interviews, you can enhance your prospects of joining the esteemed ranks of JP Morgan Chase employees. Explore the job board, seize the job opportunities, and embark on a rewarding career journey with one of the world's leading financial institutions.
Learn more about JP Morgan Chase & Co.
Size
661 employees
Market Cap
$384.5 billion
Industry
Finance & Insurance
Net Income
$29.1 billion
Founded
1823
5 Year Trend
+0.7%
Revenue
$261.5 million
NASDAQ
CCF
* Ladders Estimates

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