Private Equity Fund Administration Senior Associate

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 extends 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.

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 familiarity 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 and 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.

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.