JPMorganChase Logo

JPMorganChase

Private Equity Fund Administration - Associate

Posted 6 Days Ago
Be an Early Applicant
Hybrid
Toronto, ON
Mid level
Hybrid
Toronto, ON
Mid level
The Associate will manage client interactions, set up and maintain fund records, prepare valuations, review financial reports, and ensure timely delivery of services while adhering to GAAP and internal controls.
The summary above was generated by AI

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.
You will be involved in daily client interactions where you will manage expectations, balance multiple priorities and work in a team setting to deliver accurate and timely reporting to clients and investors.
Job Responsibilities:

  • Set-up/maintain the books and records of Private Equity funds, including GP vehicles where applicable, in accounting database in line with terms and conditions of governing documents
  • Prepare and/or review periodic Net Asset Valuations and financial reporting packs consisting of financial statements, management fee and carried interest calculations, and investor allocations and capital account statements
  • Prepare and/or review capital call and distribution calculations including investor notices and reconcile call proceeds and distribution payments
  • Manage release of capital notices and quarterly reporting on investor reporting portal
  • Work closely with manager, team and internal stakeholders to manage client expectations and ensure adherence to SLA timelines on client deliverables and ad hoc requests
  • Adhere to control framework including internal policies and procedures
  • Manage year-end process and handle requests from external auditors and tax teams


Required qualifications, capabilities, and skills

  • Bachelor's Degree in Accounting, Finance or related field
  • 3+ years' experience in an accounting role, preferably at a Big 4, PE firm or fund administrator
  • Knowledge of US GAAP for Investment Funds and familiar with Private Equity fund structures
  • Analytical thinker and problem solver with attention to detail
  • Ability to work under pressure and balance multiple priorities
  • Team Player with excellent interpersonal, communication and client service skills as well as the ability to see projects to completion
  • Proficiency in Microsoft Office product suite and strong MS Excel skills


Preferred qualifications, capabilities, and skills

  • Professional accounting qualification (CA, CPA) a plus
  • Experience with Investran or similar integrated Private Equity system a plus


About Us
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
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.
About the Team
J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.

Top Skills

Investran
MS Office
Excel

Similar Jobs at JPMorganChase

2 Hours Ago
Hybrid
Toronto, ON, CAN
Mid level
Mid level
Financial Services
The Internal Client Advisor works with External Client Advisors to develop business opportunities, manage client relationships, and conduct market analysis in the asset management sector.
2 Hours Ago
Hybrid
Toronto, ON, CAN
Senior level
Senior level
Financial Services
Manage client deliverables for Private Equity fund clients, ensure compliance with reporting standards, and mentor staff while addressing client needs.
Top Skills: InvestranMS OfficeExcel
8 Hours Ago
Hybrid
Toronto, ON, CAN
Mid level
Mid level
Financial Services
The Account Specialist responds to e-commerce inquiries from merchants, assists with projects related to terminal launches, and manages technical escalations.
Top Skills: E-CommercePoint Of SaleWindows-Based Environment

What you need to know about the Ottawa Tech Scene

The capital city of Canada and the nation's fourth-largest urban area, Ottawa has proven a rapidly growing global tech hub. With over 1,800 tech companies, many of which are leaders in their sectors, the city's tech talent now makes up more than 13 percent of its total workforce. This growth is driven not only by the big players like UL Solutions and Dropbox, but also by a thriving startup ecosystem, as new businesses emerge to follow in the footsteps of those that came before them.

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account