Securities Services - Alternative Fund Services - Vice President
Securities Services - Alternative Fund Services - Vice President
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Job Description
J.P. Morgans Corporate & Investment Bank a global leader in investment banking wholesale payments markets and securities services manages $29 trillion of assets and $650 billion in deposits. As part of this the Alternative Fund Services (AFS) administers over $950 billion in assets globally providing administration services to more than 150 clients across all alternative asset classes.
As a Vice President in J.P. Morgans Alternative Fund Services you will manage a Fund Accounting team interpret fund agreements maintain knowledge of client base and industry standards serve as senior client escalation assist with training initiatives lead special projects and prepare/review various financial documents. You will have the opportunity to streamline operational processes and work with a diverse range of clients across all alternative asset classes.
Job Responsibilities:
- Manage a Fund Accounting team and ensure client deadlines are met and work executed in accordance with internal controls
- Interpret fund agreements to determine impact on fund setups financial reporting requirements and NAV reporting
- Maintain thorough knowledge of client base and industry standards (i.e. accounting tax and legal) to serve and communicate with clients most effectively
- Serve as senior client escalation; anticipate and proactively communicate resolution of issues to clients
- Assist with/lead training initiatives. Manage team capacity budgets and cross training plans.
- Lead and work on special projects new client/fund onboarding & internal investment initiatives
- Prepare/Review of fund share class and investor allocations including calculations of management and performance fees/carry
- Prepare/Review Net Asset Value Files & Daily Profit & Loss
- Streamline operational processes to reduce risk and improve efficiency
Required qualifications capabilities and skills:
- 10 years of accounting experience
- Thorough knowledge of the hedge/PE Fund environments including accounting for investor allocations share classes and complex investment and securities processing
- Bachelors degree
- Must be innovative and analytical with excellent verbal and written communication skills
- Strategic thinker with proven track record
- Must have team player instincts with the ability to see a project to conclusion with little followup
- Excellent client service orientation and proven ability to deal with demanding clients
Preferred qualifications capabilities and skills:
- Professional accounting qualification (CA CPA) a plus
- Bachelors degree in Accounting Economics or Finance preferred
- Experience preferably including Public Big 4 and partnership or hedge/private equity fund accounting
- Experience with Investran or similar integrated Private Equity system a plus
- Familiarity and experience with private equity concepts (e.g. waterfall calculations capital call/distribution processing PE investment structures)
Required Experience:
Chief
Employment Type
Full-Time
