Associate

About The Team

J.P. Morgan's Hedge Fund Services (HFS) business plays a critical role in launching a client's business onto the platform.

About The Role

As an Associate in the global onboarding team, you will play a crucial role in migrating or launching a client's business onto the JPM HFS business platform. This role provides an excellent opportunity to enhance your skills in client/fund setup on multiple HFS systems and contribute significantly to the team's success.

Key Responsibilities

• Reviewing fund documentation.
• Creating fund structure diagrams.
• Initializing application setups.
• Completing gap analysis.
• Providing premier client service by building strong relationships with investment managers and third parties.
• Becoming proficient in client/fund setup on multiple HFS systems such as Arcesium, FuMA, FAIRx, and IRIS.
• Ensuring all scheduled work is completed by agreed deadlines, checklists are signed, and files contain all required information prior to closing an event and filing.
• Flagging potential service delivery issues as early as possible, escalating with team members and managers, adhering to deadlines, communicating delays, and ensuring work is completed as expected.
• Participating in cross-training across the functionalized Onboarding group and working closely with accounting to establish fund structures and allocations.
• Conducting ongoing reviews of daily controls and communicating any new training or suggested procedural changes to management.
• Completing gap analysis on external administrator reports to understand data points, logging all differences to JPM standards and workflows.
• Completing data mapping of external reports to data loading templates and reconciliations.
• Working closely with Data Analytics to initialize the asset universe and value positions, ensuring proper representation.
• Performing detailed NAV reconciliation to administrator with full backup for audit history.
• Performing initial accounting entries for non-investment related payables and receivables.

Requirements & Tech Stack

• A Bachelors Degree in a finance-related field.
• Significant experience in the Financial Services industry with prior experience in alternative funds.
• Strong working knowledge of fund administration systems and the NAV delivery process.
• Strong knowledge of hedge fund structures and products, including fund of hedge funds.
• Working knowledge of MS Excel & Word.
• Ability to effectively communicate with internal and external clients, both orally and in writing.
• Professional and proactive approach to work.
• Strong organizational skills, concern for quality, accuracy, and working to deadlines.
• Strong analytical and problem-solving skills.
• Ability to manage setup procedures and checklists, ensuring all new requirements are captured.