Private Equity - Fund Administration - Associate

JPMorgan Chase & Co.; Boston (MA); On-site; USD 85,000 - 120,000; Full time

Job summary

J.P. Morgan Alternative Fund Services in Boston, MA seeks a Private Equity Fund Admin Associate to support daily client deliverables, oversee NAV calculations, financial statements, capital events, and investor reporting.

You will coordinate with audit and tax teams and manage timelines per SLAs. The role requires a professional accounting qualification (CA/CPA) with 4+ years’ PE fund experience, strong US GAAP knowledge, and excellent client service skills.

Qualifications

• CA or CPA preferred with 4+ years in Private Equity fund administration or related field.
• Strong knowledge of US GAAP for Investment Funds and PE fund structures.
• Bachelor’s degree in accounting/finance or MBA; ability to work under pressure.

Responsibilities

• Support daily client deliverables for Private Equity fund administration clients and manage timelines.
• Monitor industry standards, seek efficiency improvements and mitigate risks.
• Coordinate with risk, audit, compliance, and operations teams and communicate with clients.
• Ensure adherence to control framework and internal policies.
• Assist with ad hoc client projects and supervise technical topics for staff.
• Review fund documents and side letters to assess reporting impact and compliance.

Skills

Private Equity fund administration

US GAAP knowledge

Attention to detail

Communication and client service

MS Excel (Advanced)

Education

Bachelor’s Degree in Accounting, Finance, or MBA

Tools

Investran

MS Office

Job 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 billionin 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 Associate within our client administration team, you will support the management of daily client deliverables for Private Equity fund administration clients. Your responsibilities will include assisting with 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 alsoassistin managing client expectations and deliverable timelines in line withSLAs, andensuring prompt resolution of client issues and escalations. Your role will require a solid understanding of Private Equity fund structures,proficiencyin accounting for complex transactions, and a comprehensive knowledge of fund governing documents.

Job Responsibilities:

• Support 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 of 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 controlframeworkincluding prescribed policies and procedures.
• Assistin ad hoc client projects and internal initiatives.
• Collaborate with team members and contribute to staff development while providing oversight and supervision on technical topics and client-related issues.
• Review fund governing documents, side letters, and agreements todetermineimpact on reporting deliverables and ensure adherence.

Required qualifications, capabilities, and skills:

• A professional accounting qualification (CA, CPA) combined with 4+ years of experience working with Private Equity funds in afundadministration 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 attention to detail anda collaborativemanagement style.
• Team player with excellent problem-solving, communication, and client service skills as well as the ability to take ownership and manage projects.
• Proficiencyin Microsoft Office product suite and advanced 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 firma plus.