Job Summary:

The Fund Accounting Associate is a member of the Fund Accounting team who will be primarily responsible for overseeing the NAV production process and ensuring accurate and timely calculation of the NAV in line with procedures. They will be a point of contact for collaborating across functions. The Fund Accounting Associate will work with team members and team managers to ensure all issues are resolved in a satisfactory manner.

The Fund Accounting Associate will also be required to work closely with the wider AIS line of business (Investor Relations, Compliance, Internal Audit, Private Equity and Real Estate) in addition to 2^nd line of defence partners.

Job Responsibilities:

Responsible for the timely accurate calculation of the NAV.
Ability to investigate & validate NAV movement.
Assist the team to ensure production and review of the daily/weekly/ad hoc/monthly NAV production.
Adhere to and ensure adherence to a defined control environment.
Identification of risks and implementation of remediation on the same.
Contribute to ownership and responsibility of the end to end NAV Operating model.
Manage resource planning of the team while partnering with wider teams.
Assist in Client Due Diligence visits along with Internal and External audit reviews.
Be a key driver and unwavering advocate to deliver best in class services internally and externally
Build strong relationships with stakeholders, clients, third parties, as well as with other business groups across JPMorgan
Understanding of Alternative investment fund types across multiple jurisdictions
Adhere to JPMorgan's established processes and procedures
Strive to modify / iterate processes and flows to continually improve accuracy, reduce redundancy, and mitigate risk

Qualifications

Experience in a Fund Accounting Team at this level
Strong analytical and problem solving skills
In-depth knowledge of the treatment of complex financial instruments in the NAV and NAV drivers.
Strong Client management skills and ability to build key relationships.
Team player, professional and proactive approach to work, positive attitude with an ability to communicate across multiple sites
Very strong communication skills both oral and written
Strong organizational skills with a drive for impeccable quality
Ability to work with a high level of precision in a fast paced, deadline driven environment
Ability to work independently with strong follow through

Required qualifications, capabilities, and skills

Bachelors degree required (business discipline preferred)
Significant experience in the Financial Services industry, preferably with prior experience in alternative funds
Client Service: Anticipate and identify customer needs; take action to meet customer needs; develop effective working relationships with internal and external customers; continually search for ways to increase customer satisfaction.
Risk Aversion: Demonstrate a keen eye for details; look for and mitigate inherent and residual risks.
Adaptability: Confidently handle day-to-day work challenges; willing and able to adjust to multiple demands, shifting priorities, ambiguity, and rapid change; shows resilience in the face of constraints, frustrations, or adversity.
High Aptitude: Able to quickly understand technical, procedural and functional information to solve problems and deliver information to clients and investors.
Communicate Effectively: Demonstrate and convey an understanding of the comments and concerns of others; listen well in a group
Analyze and Solve Problems: Gather relevant information systematically; consider a broad range of issues or factors; grasp complexities and perceives relationships among problems or issues; include others in problem‑solving efforts when appropriate
Foster Teamwork: Contribute to and Build effective teams committed to organizational goals; fosters collaboration among team members and among teams.

J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.

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.

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.

HFS Fund Accounting Associate

Job Description