Private Equity Fund Admin - Vice President

JPMorgan Chase; New York (NY); On-site; USD 114,000 - 200,000; Full time

Job summary

An established industry player is seeking a Private Equity Fund Admin VP to manage client deliverables in a dynamic and fast-paced environment. This role involves overseeing the administration of Private Equity funds, including the upkeep of financial records, computation of Net Asset Valuations, and preparation of financial statements. The ideal candidate will possess a deep understanding of fund structures and demonstrate strong leadership and problem-solving skills. Join a diverse team where your expertise will directly contribute to operational excellence and client satisfaction. This position offers a competitive salary and a comprehensive benefits package, making it an exciting opportunity for professionals in the finance sector.

Benefits

Comprehensive health care coverage

On-site health and wellness centers

Retirement savings plan

Backup childcare

Tuition reimbursement

Mental health support

Financial coaching

Qualifications

• Professional accounting qualification (CA, CPA) with 8+ years in Private Equity funds.
• Strong knowledge of US GAAP for Investment Funds and Private Equity structures.

Responsibilities

• Manage daily client deliverables for Private Equity fund administration.
• Ensure adherence to control framework and lead internal initiatives.

Skills

Private Equity Fund Administration

Leadership Skills

Problem Solving

Communication Skills

Client Service Skills

Attention to Detail

Time Management

Education

Bachelor's Degree in Accounting

MBA

Tools

Microsoft Office

MS Excel

Investran

Job description

Posting Description

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.

As a Private Equity Fund Admin VP within our client administration team, you will manage all facets of daily client deliverables for Private Equity fund administration clients. Your responsibilities will encompass 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 be in charge of managing client expectations and deliverable timelines in line with SLAs, and ensuring prompt resolution of client issues and escalations. Your role will require a deep understanding of Private Equity fund structures, proficiency in accounting for complex transactions, and a comprehensive knowledge of fund governing documents.

Job Responsibilities

1. Manage all aspects of client deliverables for Private Equity fund administration clients including client expectations and timelines as well as any issues and escalations.
2. Stay abreast of industry standards and best practices while continuously seeking opportunities to enhance operational efficiency and mitigate operational risks.
3. Liaise with support functions and internal stakeholders including risk and control groups, audit, compliance, implementation, investor relations and operations.
4. Ensure adherence to control framework including prescribed policies and procedures.
5. Lead and work on ad hoc client projects and internal initiatives.
6. Mentor and develop staff resources while providing oversight and supervision on technical topics and client-related issues.
7. Review fund governing documents, side letters and agreements to determine impact on reporting deliverables and ensure adherence.

Required qualifications, capabilities and skills

1. A professional accounting qualification (CA, CPA) combined with 8+ years of experience working with Private Equity funds in a fund administration or related capacity.
2. Knowledge of US GAAP for Investment Funds and a thorough understanding of Private Equity fund structures.
3. Bachelor's Degree in Accounting, Finance or MBA.
4. Ability to work under pressure to meet tight deadlines and balance multiple priorities.
5. Strong leadership skills with attention to detail and a hands-on management style.
6. Team player with excellent problem solving, communication and client service skills as well as the ability to take ownership and manage projects.
7. Proficiency in Microsoft Office product suite and advanced MS Excel skills.

Preferred qualifications, capabilities, and skills

1. Strong knowledge of Investran or similar integrated Private Equity system a plus.
2. Investment fund audit experience with a Big 4 firm a plus.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

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.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans.

Base Pay/Salary

Jersey City, NJ $114,000.00 - $200,000.00 / year; Brooklyn, NY $114,000.00 - $200,000.00 / year.