Securities Services - Alternative Fund Services - Vice President

Testing Site - JPMC; Boston (MA); On-site; USD 180,000 - 260,000; Full time

Job summary

J.P. Morgan Alternative Fund Services is seeking a Vice President to lead fund accounting for Hedge/Hybrid and Private Equity funds, ensuring accurate NAVs, fee calculations, and investor allocations across global clients.

You will supervise governance, capital calls, distributions, and capital reporting while mentoring a growing team and driving efficiency improvements within a robust control framework.

Qualifications

• Bachelor’s degree in accounting, finance or related field.
• 7+ years in accounting or fund administration with leadership progression.
• Strong knowledge of US GAAP for Investment Funds.
• Deep familiarity with Private Equity & Hedge fund structures.
• Proven analytical thinker with attention to detail under pressure and multiple priorities.
• Demonstrated leadership, organizational and client service skills; able to lead projects to completion.
• Proficiency in Microsoft Office suite and advanced Excel skills.

Responsibilities

• Lead and oversee maintenance of books and records for Hedge/Hybrid and Private Equity funds; ensure regulatory compliance.
• Review and approve fund governing documents; ensure proper setup and ongoing maintenance in accounting system.
• Supervise preparation and review of NAVs, fees, carried interest, investor allocations, and capital statements.
• Oversee capital calls and distributions, including investor notices and reconciliation of proceeds.
• Coordinate with Investor Relations for capital notices and quarterly investor reporting.
• Manage client relationships, set expectations, and ensure timely deliverables per SLA.
• Serve as liaison with risk, audit, tax, compliance, and investor relations teams.
• Mentor and develop team members to drive high performance and growth.
• Drive process improvements and support strategic initiatives to enhance efficiency and service.

Skills

Leadership

Analytical thinking

Client service

Project management

Regulatory/compliance awareness

Communication

Attention to detail

Problem solving

Time management

Education

Bachelor’s Degree in Accounting, Finance, or related field

Tools

MS Office

Excel (advanced)

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 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 (VP):

• Lead and oversee the maintenance of books and records for Hedge/Hybrid and Private Equity funds, ensuring accuracy and compliance with regulatory standards.
• Review and approve fund governing documents and related agreements; ensure correct set-up and ongoing maintenance of fund structures and investments in the accounting database.
• Supervise the preparation and review of periodic Net Asset Valuations, management fee and carried interest/performance fee calculations, investor allocations, and capital account statements, ensuring adherence to the control framework and internal policies.
• Oversee the preparation and review of capital call and distribution calculations, including investor notices, and ensure reconciliation of call proceeds and distribution payments.
• Coordinate with Investor Relations for the release of capital notices and quarterly reporting on the investor reporting portal.
• Manage client relationships, set expectations, and ensure timely delivery of client deliverables and ad hoc requests in accordance with SLA timelines.
• Serve as a key liaison with support functions and internal/external stakeholders, including risk and control groups, audit, tax, compliance, implementation, and investor relations.
• Mentor and develop team members, providing guidance and support to ensure high performance and professional growth.
• Drive process improvements and contribute to strategic initiatives to enhance operational efficiency and client service.

Required qualifications, capabilities, and skills

• Bachelor’s Degree in Accounting, Finance, or related field
• 7+ years’ experience in an accounting or fund administration role, with demonstrated progression to leadership positions; experience at a Big 4, PE firm, or fund administrator preferred
• Strong knowledge of US Generally Accepted Accounting Principles for Investment Funds
• Deep familiarity with Private Equity & Hedge fund structures
• Proven analytical thinker and problem solver with attention to detail; ability to work under pressure and balance multiple priorities
• Demonstrated leadership, organizational, interpersonal, communication, and client service skills; ability to manage projects and teams to completion
• Proficiency in Microsoft Office product suite and advanced MS Excel skills

Preferred qualifications, capabilities, and skills

• Professional accounting qualification (CA, CPA) strongly preferred
• Experience with Investran or similar integrated Private Equity system a plus
• Prior experience managing teams and leading process improvement initiatives