Job Description
Are you looking for an exciting opportunity to join a dynamic and growing team in a fast paced and challenging area? This is a unique opportunity for you to work in our Hedge Fund Services team to partner with the Business to provide a best in class service.
Job Summary:
As an Associate on our Hedge Fund Services (HFS) Data Analytics team, you will play a pivotal part in managing HFS Fund Accounting Operational activities and serve as the primary point of contact for resolving complex issues. You will collaborate closely with the AFS line of business, including Fund Accounting, Internal Audit, Private Equity, and Real Estate, leveraging their technical expertise in ETL tools and business intelligence.
Key Responsibilities:
- Oversee all aspects of hedge fund accounting operations, including third-party reconciliation, trade processing, COACs, pricing, and valuations, ensuring accurate and timely deliverables to fund accounting partners.
- Utilize advanced ETL tools (e.g., Xceptor, Alteryx) to streamline data processing and enhance business intelligence capabilities.
- Monitor daily operations to meet accuracy and timeliness targets, and establish remediation plans as needed.
- Develop and maintain robust controls and procedures, recommending process modifications when necessary.
- Manage data files for third-party reconciliation, ensuring accuracy through offline analysis, and oversee data flows.
- Conduct notional, cash balance, and position reconciliations, and map broker data via Xceptor.
- Lead the transition of new brokers to the HFS platform.
- Establish and maintain effective working relationships with fund accounting teams, clients, brokers, and operations.
- Efficiently manage and address stakeholder queries both upstream and downstream.
- Resolve exceptional problems and take on special projects or tasks as assigned.
- Identify potential areas for further automation and efficiency improvements.
Required qualifications, capabilities, and skills
- Extensive experience in fund accounting operations at a senior level.
- In-depth knowledge of complex financial instruments in NAV and NAV drivers, with a particular focus on alternative asset classes.
- Strong client management skills and ability to build key relationships.
- Team player with a professional, proactive approach and positive attitude.
- Excellent communication skills, both oral and written.
- Provide leadership and guidance on technical issues, particularly in ETL and business intelligence.
- Consultative approach with business teams to establish plans and achieve goals.
- Strong organizational skills with a drive for impeccable quality.
- Flexibility to work across different time zones if required.
- Proven experience in team management and leadership.
Preferred qualifications, capabilities, and skills
- Master's or Bachelor's degree in Finance, Business, or a related field.
- 7+ years of operations experience in the Fund Accounting industry, with a focus on technical skills.
- Strong analytical and problem-solving skills with a focus on business intelligence.
- Extensive experience with ETL tools (e.g., Xceptor, Alteryx) and business intelligence platforms.
- Excellent understanding and working knowledge of reconciliation processes.
- Experience working internationally and cross-culturally.
- Comprehensive knowledge of derivatives, OTC products, and alternative asset classes.
About Us
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.
About the Team
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.
