JP Morgan Chase & Co.

Securities Services - Private Equity Fund Administration - Associate

JP Morgan Chase & Co. • $70K — $95K *
Tampa, FL 33647In-Person
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Professional accounting qualification (CA, CPA) with 4+ years in Private Equity fund administration or similar area.
  • Strong knowledge of US GAAP for Investment Funds with a deep understanding of Private Equity fund structures.
  • Bachelor's degree in Accounting, Finance, or an MBA.
  • Ability to work under tight deadlines and manage multiple priorities effectively.
  • Detail-oriented with a collaborative management approach.
  • Exceptional problem-solving, communication, and client service abilities with project ownership skills.
  • Proficiency in Microsoft Office, particularly advanced Excel capabilities.

Responsibilities

  • Support all client deliverables for Private Equity fund administration clients, including managing expectations and timelines.
  • Monitor industry standards and seek opportunities for efficiency and risk mitigation.
  • Collaborate across functions and departments, including audit, compliance, and investor relations.
  • Ensure compliance with internal policies and control frameworks.
  • Assist with ad hoc client projects and internal initiatives as required.
  • Guide team members and contribute to their development while addressing technical and client-related issues.
  • Review fund governing documents and agreements for implications on reporting deliverables.

Benefits

  • Opportunity to work in a global leader in the financial industry with extensive resources and support.
  • Collaborative team environment with a focus on professional development and growth.
  • Exposure to high-profile clients and projects in the Private Equity sector.
Full Job Description
Job Description

Job Summary:

As a Private Equity Fund Admin Associate within our client administration team, you will support the management of daily client deliverables for Private Equity fund administration clients. Your responsibilities will include assisting with the upkeep of books and records, computation of Net Asset Valuations, preparation of financial statements, overseeing capital events, calculating management fees and carried interest, allocating investor capital and statements, releasing investor reports, and coordinating the year-end process with audit and tax teams. You will also assist in managing client expectations and deliverable timelines in line with SLAs, and ensuring prompt resolution of client issues and escalations. Your role will require a solid understanding of Private Equity fund structures, proficiency in accounting for complex transactions, and a comprehensive knowledge of fund governing documents.

Job Responsibilities:
  • Support all aspects of client deliverables for Private Equity fund administration clients including client expectations and timelines as well as any issues and escalations.
  • Stay abreast of industry standards and best practices while continuously seeking opportunities to enhance operational efficiency and mitigate operational risks.
  • Liaise with support functions and internal stakeholders including risk and control groups, audit, compliance, implementation, investor relations, and operations.
  • Ensure adherence to control framework including prescribed policies and procedures.
  • Assist in ad hoc client projects and internal initiatives.
  • Collaborate with team members and contribute to staff development while providing oversight and supervision on technical topics and client-related issues.
  • Review fund governing documents, side letters, and agreements to determine impact on reporting deliverables and ensure adherence.

Required qualifications, capabilities, and skills:
  • A professional accounting qualification (CA, CPA) combined with 4+ years of experience working with Private Equity funds in a fund administration or related capacity.
  • Knowledge of US GAAP for Investment Funds and a thorough understanding of Private Equity fund structures.
  • Bachelor's Degree in Accounting, Finance, or MBA.
  • Ability to work under pressure to meet tight deadlines and balance multiple priorities.
  • Strong attention to detail and a collaborative management style.
  • Team player with excellent problem-solving, communication, and client service skills as well as the ability to take ownership and manage projects.
  • Proficiency in Microsoft Office product suite and advanced MS Excel skills.

Preferred qualifications, capabilities, and skills:
  • Strong knowledge of Investran or similar integrated Private Equity system a plus.
  • Investment fund audit experience with a Big 4 firm 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

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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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