Securities Services - Private Equity Fund Administration - Associate at JPMorgan Chase & Co. Je[...]

null; Jersey City (NJ); On-site; USD 80,000 - 100,000; Full time

Benefits offered by this job

Comprehensive health care coverage

Retirement savings plan

Tuition reimbursement

Mental health support

Job summary

The Hong Kong Study Skills Research Institute is hiring for a Private Equity Fund Administration Associate in Jersey City, NJ. This role involves managing daily client deliverables and ensuring adherence to Private Equity fund structures.

The ideal candidate will have at least 8 years of experience in fund administration, expertise in US GAAP, and possess a relevant accounting qualification. Comprehensive benefits and a competitive salary are offered.

Qualifications

• 8+ years of experience working with Private Equity funds in fund administration.
• Ability to work under pressure and meet tight deadlines.
• Team player with excellent communication skills.

Responsibilities

• Support client deliverables for Private Equity fund administration.
• Liaise with internal stakeholders including audit and compliance.
• Mentor and develop staff resources.

Skills

Accounting qualification (CA, CPA)

Experience with Private Equity funds

US GAAP knowledge

Microsoft Office proficiency

Strong attention to detail

Problem solving skills

Education

Bachelor’s Degree in Accounting, Finance, or MBA

Tools

Microsoft Excel

Investran

Job description

Title: Securities Services - Private Equity Fund Administration - Associate – Jersey City, NJ.

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, 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 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, assisting with 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 help manage client expectations and deliverable timelines in line with SLAs, and ensure prompt resolution of client issues and escalations. Your role will require a solid understanding of Private Equity fund structures, proficiency in 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, timelines, and issue resolution
• Stay abreast of industry standards and best practices while 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 control framework including prescribed policies and procedures
• Participate in ad hoc client projects and internal initiatives
• Assist in mentoring and developing staff resources while providing oversight on technical topics and client‑related issues
• Review fund governing documents, side letters, and agreements to determine impact on reporting deliverables and ensure adherence

Required qualifications, capabilities and skills

• A professional accounting qualification (CA, CPA) combined with 8+ years of experience working with Private Equity funds in a fund administration 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 and a hands‑on approach
• Team player with excellent problem solving, communication, and client service skills as well as the ability to take ownership and manage projects
• Proficiency in 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 firm a plus

Benefits

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.

Equal Opportunity and Diversity

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