Within J.P. Morgan's Private Bank, the Alternative Investments Group ("AIG") is a global team of experienced professionals based in New York, Hong Kong, London and Geneva whose goal is to identify and bring to J.P. Morgan's private bank and wealth management clients a diverse array of attractive alternative investment opportunities. With over $100 billion of client capital invested across hedge funds, private equity and real estate opportunities, the AIG team brings a unique perspective to sourcing and offering alternative investment opportunities to J.P. Morgan's private banking and wealth management clients. The AIG team uses a \"best-of-breed\" approach to source opportunities across its broad platform. A disciplined selection process enables the group to offer wealth management clients top quality investment opportunities from both within the firm and from outside of the firm through third-party managers.

The Alternative Funds Controller team is one component of the broader AIG platform, positioned within the Private Bank's Wealth Management Investment Solutions' Alternative Funds Management Team.

Job Responsibilities:

This job will require working in a team and partnering with the NY-based Alternatives Fund Controller team positioned in the Private Bank's Wealth Management Finance and Business Management group. The individual will participate in a team of professionals responsible for the accounting and financial reporting, cash and expense management, regulatory compliance and governance for the Private Bank's proprietary alternative funds, which includes over 200 private equity funds, private equity fund of funds, hedge fund of funds, and multi asset funds totaling over $50Bn in AUM.

Provide subject matter expertise to the team to ensure smooth functioning of team, of which the primary responsibilities include but aren't limited to the following:

• Onboarding of new funds through the review of fund offering materials, fund bank account opening, setup with the fund administrators, and preparation of fund budgets.
• Review and sign off of fund fund NAV packages, associated financials and investor allocations, cash management, and review of unaudited/audited financial statements.
• Oversee and direct the preparation of, and sign off on, fund capital event letters (capital calls and distributions).
• Review of quarterly performance reports for the private equity fund of funds.
• Review and process subscriptions and redemptions for hedge funds and multi-asset funds.
• Directly engage with the Alternatives Fund Controller team and our third party fund administrators on a day-to-day basis to discuss deliverables, accounting issues, and work through reporting and valuation.
• Prepare and review regulatory filings or data used for regulatory reporting.
• Participation in the monitoring of our third party service providers, and preparation of board meeting materials.
• Participation in other special projects and strategic initiatives led by the Fund Controllers team.
• The position will entail significant interaction and coordination with third party fund administrators, independent auditors, depositaries, and tax preparers to ensure that the funds' day-to-day financial operations run smoothly.

Required Qualifications, Skills and Capabilities:

• CPA/CA preferred
• 5+ years of fund accounting experience for Private Equity and/or Hedge Funds
• Partnership accounting (capital or unitized) experience required
• Strong practical understanding of private equity and hedge fund mechanics
• Financial statement preparation and/or review experience
• Demonstrated ability to communicate and work effectively with a variety of internal and external stakeholders.
• Lead by example and ability to think outside-of-the-box to address complex issues.
• Strong interpersonal and team building skills with the ability to set clear priorities, delegate and deployment of team resources.
• Exceptional consensus building and influence skills, possesses the ability to achieve a common understanding and agreement across groups with differing perspectives.
• Excellent verbal and written communication skills - demonstrated track record of successful presentation in senior management forums.
• Strong problem solving skills, detail oriented with the ability to understand multiple perspectives, identify and negotiate solutions across the organization.
• Ability to get things done in a dynamic and fast paced environment.
• Strong commitment to continuous professional development and improvement of oneself.

JPMorgan Chase & Co., 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. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.

The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the "WELL Health-Safety Rating" for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment.

As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm's current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm's vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, discretionary incentive compensation which may be 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 Employer/Disability/Veterans

Base Pay/Salary
Brooklyn,NY $85,500.00 - $135,000.00 / year; Jersey City,NJ $85,500.00 - $135,000.00 / year