JP Morgan Chase & Co.

Private Equity Fund Administration - Associate

JP Morgan Chase & Co. • $70K — $95K *
Toronto, ON M3C 0E3In-Person
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Accounting, Finance, or related field
  • 3+ years of accounting experience, ideally at a Big 4, Private Equity firm, or fund administrator
  • Familiarity with US GAAP for Investment Funds and Private Equity fund structures
  • Strong analytical skills with meticulous attention to detail
  • Ability to manage multiple priorities under pressure
  • Excellent teamwork and client service skills
  • Proficient in Microsoft Office, particularly Excel

Responsibilities

  • Set up and maintain accounting records for Private Equity funds
  • Prepare and review Net Asset Valuations and comprehensive financial reporting
  • Calculate and review capital calls and distributions along with investor communications
  • Manage the release of capital notices and quarterly reports on investor portals
  • Collaborate with team and clients to meet service level agreements
  • Follow internal control policies and procedures
  • Oversee year-end audit processes and liaise with external auditors

Benefits

  • Opportunity to work in a global leader across multiple financial sectors
  • Engagement with high-profile clients and investment funds
  • Strong support for professional development and career growth
  • Collaborative team environment focused on financial transparency and excellence
  • Access to cutting-edge financial technologies and analytics tools
Full Job Description
Job Description

J.P. Morgan's Finance & Business Management organization is a firmwide function that partners with our businesses and corporate teams to drive financial discipline, transparency, and strategic insight. Our teams deliver end-to-end financial control, planning and analysis, forecasting, and management reporting that enable leaders to make informed decisions and maintain resiliency across market cycles. Operating across major global hubs and working closely with Technology, Operations, and Business partners, we build scalable processes, strong controls, and actionable analytics that support the firm's growth and operational excellence

As an Associate in Private Equity Fund Administration, you will be involved in daily client interactions where you will manage expectations, balance multiple priorities and work in a team setting to deliver accurate and timely reporting to clients and investors.

Job Responsibilities:
  • Set-up/maintain the books and records of Private Equity funds, including GP vehicles where applicable, in accounting database in line with terms and conditions of governing documents
  • Prepare and/or review periodic Net Asset Valuations and financial reporting packs consisting of financial statements, management fee and carried interest calculations, and investor allocations and capital account statements
  • Prepare and/or review capital call and distribution calculations including investor notices and reconcile call proceeds and distribution payments
  • Manage release of capital notices and quarterly reporting on investor reporting portal
  • Work closely with manager, team and internal stakeholders to manage client expectations and ensure adherence to SLA timelines on client deliverables and ad hoc requests
  • Adhere to control framework including internal policies and procedures
  • Manage year-end process and handle requests from external auditors and tax teams

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 GAAP for Investment Funds and familiar with Private Equity fund structures
  • Analytical thinker and problem solver with attention to detail
  • Ability to work under pressure and balance multiple priorities
  • Team Player with excellent interpersonal, communication and client service skills as well as the 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


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.

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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