Alternative Fund Controller, Vice President
JPMorganChase
Job Overview
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Job Description
Overview of the Alternative Fund Controller, Vice President Role at JPMorganChase
As an Alternative Fund Controller within the Global Alternatives Investments Solutions team at JPMorganChase, you will play a pivotal role in overseeing the financial operations of private equity funds, which represent a significant portion of the firm's $35 billion in assets within the Private Equity Group. This position involves close collaboration with seasoned professionals, encompassing all facets of financial reporting, accounting, tax, internal controls, and the crucial oversight of service providers. You will be instrumental in managing core functional responsibilities and actively contributing to both tactical and strategic initiatives alongside senior leadership.
Key Responsibilities
- Manage the quarterly accounting process and oversee the fund administrator’s net asset value computation.
- Review trial balances, investor allocations, management fee calculations, and carried interest calculations.
- Review quarterly and annual financial statements to ensure accuracy and compliance.
- Reconcile portfolio holdings and trade activity, including capital calls, distributions, and return of capital.
- Coordinate the annual audit process efficiently and effectively.
- Assist in new product launches, providing financial expertise and support.
- Aid in the preparation of various regulatory filings, ensuring adherence to requirements.
- Participate in technology initiatives aimed at enhancing efficiency and reporting.
- Handle ad hoc requests and projects, demonstrating flexibility and adaptability.
Required Qualifications, Capabilities, and Skills
- A thorough understanding of private equity accounting, financial reporting, and fund administration principles.
- Excellent communication skills, both written and oral, with the ability to interact effectively with all levels of the organization.
- Strong problem-solving, analytical, and decision-making abilities to navigate complex financial scenarios.
- A team player, highly motivated, self-starter with strong organizational and multi-tasking skills.
- Ability to adapt to a rapidly changing business and technical environment.
- Bachelor’s Degree in Accounting or Finance is required.
Preferred Qualifications, Capabilities, and Skills
- Knowledge of regulatory reporting (Form ADV, PF, AIFMD) is a plus.
- CPA/CFA designation is preferred.
About JPMorganChase
JPMorganChase, one of the oldest and most respected financial institutions globally, provides innovative financial solutions to millions of consumers, small businesses, and prominent corporate, institutional, and government clients worldwide under the J.P. Morgan and Chase brands. With a history spanning over 200 years, the firm is a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing, and asset management. JPMorganChase offers a competitive total rewards package, including a base salary determined by role, experience, skill set, and location, along with potential commission-based pay and/or discretionary incentive compensation. Comprehensive benefits include health care, wellness centers, retirement plans, childcare support, tuition reimbursement, mental health support, and financial coaching. The firm is committed to diversity and inclusion, recognizing its people as its strength and an Equal Opportunity Employer, including Disability/Veterans.
About The Team
The J.P. Morgan Asset & Wealth Management division delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors, and institutions with strategies and expertise across the full spectrum of asset classes through a global network of investment professionals. Wealth Management assists individuals, families, and foundations in taking a more intentional approach to their finances to better define, focus, and realize their goals.
Key Skills/Competency
- Private Equity Accounting
- Financial Reporting
- Fund Administration
- NAV Calculation
- Investor Allocations
- Carried Interest
- Regulatory Filings
- Audit Management
- Financial Statements
- Internal Controls
How to Get Hired at JPMorganChase
- Research JPMorganChase's culture: Study their mission, values, recent news, and employee testimonials on LinkedIn and Glassdoor.
- Tailor your resume: Customize your resume to highlight experience in private equity accounting, fund administration, and financial reporting, using keywords from the Alternative Fund Controller job description.
- Network effectively: Connect with current and former JPMorganChase employees on LinkedIn to gain insights and potential referrals for the Alternative Fund Controller role.
- Prepare for behavioral interviews: Practice answering questions that demonstrate your problem-solving skills, adaptability, and teamwork in a financial services context.
- Showcase your technical expertise: Be ready to discuss your in-depth knowledge of private equity fund structures, regulatory compliance, and complex financial calculations.
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