Vice President, Alternative Fund Services - Canada

Job Description

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

Job Responsibilities

• Manage a Fund Accounting team and ensure client deadlines are met and work executed in accordance with internal controls

• Prepare/Review of fund, share class, and investor allocations including calculations of management and performance fees/carry
• Prepare/Review Net Asset Value Files & Daily Profit & Loss

• Interpret fund agreements to determine impact on fund set-ups, financial reporting requirements and NAV reporting

• Maintain thorough knowledge of  client base and  industry standards (i.e., accounting, tax and legal) to serve and communicate with clients most effectively

• Serve as senior client escalation; anticipate and proactively communicate resolution of issues to clients

• Assist with/lead training initiatives. Manage team capacity, budgets and cross training plans.

• Lead and work on special projects, new client/fund onboardings &  internal investment initiatives

• Streamline operational processes to reduce risk and improve efficiency

 

Required qualifications, capabilities, and skills

• Minimum 10 years of accounting experience, preferably including Public Big 4 and partnership or hedge/private equity fund accounting
• Thorough knowledge of the hedge/PE Fund environments including accounting for  investor allocations, share classes, and complex investment and securities processing
• Bachelor’s degree in Accounting, Economics or Finance preferred
• Must be innovative and analytical, with excellent verbal and written communication skills
• Strategic thinker with proven track record
• Must have team player instincts with the ability to see a project to conclusion with little follow-up
• Excellent client service orientation and proven ability to deal with demanding clients
  
   

Preferred qualifications, capabilities, and skills

• Professional accounting qualification (CA, CPA) a plus

• Familiarity and experience with private equity concepts (e.g. waterfall calculations, capital call/distribution processing, PE investment structures)

 

 

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About Us

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.

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.