Hedge Fund Services Onboarding Associate

JPMorganChase; Dublin; On-site; EUR 45,000 - 65,000; Full time

Job summary

A leading global financial services firm in Dublin is seeking an Associate for their onboarding team. The role involves ensuring smooth client transitions, managing fund data setups, and performing NAV reconciliations. Candidates should have a Bachelor's degree and experience in the Financial Services industry, particularly in alternative funds. Strong analytical and organizational skills are essential.

Qualifications

• Significant experience in the Financial Services industry, particularly in alternative funds.
• Strong knowledge of hedge fund structures and administration.
• Professional and proactive approach to work.

Responsibilities

• Build strong relationships with clients and stakeholders.
• Initialize application setups and complete gap analysis.
• Ensure timely completion of scheduled work.

Skills

Client relationship building

Proficiency in fund data setup

Fund accounting collaboration

Process improvement suggestions

Gap analysis skills

Data mapping expertise

NAV reconciliation ability

Analytical skills

Education

Bachelor's Degree in finance-related field

Tools

MS Excel

Alteryx

Job description

JPMorgan Alternative Fund Services delivers an extensive solution for hedge fund, private equity, and fund of hedge fund clients seeking independent administration and custody services or to outsource their day-to-day operations. As an Associate in the global onboarding team, you will play a crucial role in launching or migrating a client's business onto the JPM HFS business platform.

Your responsibilities will include reviewing fund documentation, creating fund structure diagrams, initializing application setups, and completing gap analysis. You will collaborate closely with the wider AIS line of business (Fund Accounting, Investor Relations, Compliance, Internal Audit, Operations, Private Equity and Real Estate) ensuring a smooth transition of the fund to a live environment.

Job Responsibilities:

• Provide a premier client service by building a strong relationship with clients and internal stakeholders
• Become proficient in client / fund static data set up on HFS systems such as Arcesium, FuMA, FAIRx and IRIS
• Work closely with accounting to agree the ideal fund structures, workflow and allocations setup.
• Participate in pre-launch calls highlighting any missing or conflicting data
• Ensure all scheduled work is completed by agreed deadlines, checklists are signed and trackers updated.
• Proactively review the team's procedures and suggest improvement/automation.
• Complete gap analysis on external administrator reports to understand the data points, logging all differences to JPM standards and workflows.
• Complete data mapping of external reports to the data migration templates and reconciliations tools.
• Work closely with Data Analytics to initialize asset universe and value positions ensuring proper representation.
• Perform detailed NAV reconciliation to external administrator with full back up for audit history.

Preferred Qualifications, Capabilities and Skills:

• A Bachelor's Degree in a finance-related field.
• Significant experience in the Financial Services industry with prior experience in alternative funds
• Strong working knowledge of fund administration systems, reference data setup and NAV delivery process
• Strong knowledge of hedge fund structures and products including fund of hedge funds.
• Working knowledge of MS Excel & Alteryx
• Ability to effectively communicate with internal and external clients
• Professional and proactive approach to work
• Strong organizational skills, concern for quality, accuracy and working to deadlines
• Strong analytical and problem-solving skills

About Us

J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do.

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.