Securities Services - Private Equity Fund Administration - Vice President

Testing Site - JPMC; New York (NY); On-site; USD 180,000 - 240,000; Full time

Job summary

J.P. Morgan Alternative Fund Services is seeking a Private Equity Fund Admin VP to manage daily client deliverables, NAVs, financial statements, and capital events for PE funds. You will ensure timely reporting, maintain control frameworks, and coordinate with audit and tax teams.

Leadershi p and deep PE knowledge are essential to oversee complex fund structures, side letters, and governance documents while mentoring staff and ensuring client satisfaction across SLAs.

Qualifications

• CA or CPA qualification and 8+ years in Private Equity fund administration.
• Knowledge of US GAAP for Investment Funds and PE fund structures.
• Bachelor’s degree in Accounting, Finance or MBA.

Responsibilities

• Manage all facets of daily client deliverables for PE fund administration clients.
• Oversee books & records, NAV computations, financial statements, and capital events.
• Calculate management fees and carried interest; allocate investor capital.
• Prepare investor reports and coordinate year-end with audit and tax teams.
• Maintain SLAs, manage timelines, and resolve client issues escalations.
• Understand fund governing documents and complex transactions.
• Mentor staff and supervise technical topics and projects.

Skills

US GAAP for Funds

Private Equity fund experience

Leadership

Client service

Advanced Excel

Education

Bachelor's in Accounting/Finance or MBA

Tools

Investran

MS Excel

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 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

• Manage 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 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 control framework including prescribed policies and procedures
• Lead and work on ad hoc client projects and internal initiatives
• Mentor and develop staff resources while providing oversight and supervision 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 an 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 leadership skills with attention to detail and a hands-on management style
• 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 advance 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