Private Equity Fund Administration

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.

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, Bangalore, Guernsey, Hong Kong, Jersey, Singapore, Toronto and Sydney. We provide administration services to more than 150 clients across all alternative asset classes.

You will be responsible for managing all aspects of day-to-day client deliverables for Private Equity fund administration clients. This includes the maintenance of books and records, Net Asset Valuations, financial statements, capital events, management fee and carried interest calculations, investor allocations and capital statements, release of investor reporting, and managing year-end process with audit and tax teams. You will also manage client expectations and deliverable timelines in accordance with SLAs and ensure timely resolution of client issues and escalations. You are required to demonstrate deep knowledge of Private Equity fund structures, proficiency in accounting for complex transactions and a comprehensive understanding of fund governing documents.

Job Responsibilities

Manage 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 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
Lead and work on ad hoc client projects and internal initiatives
Mentor and develop staff resources 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 8+ years of experience working with Private Equity funds in an 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 leadership skills with attention to detail and a hands-on 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 advance 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