Asset Management - Alternatives Legal Entity Core Operations Associate

Location: Newark, DE, United States

Job Family: Transactions

About the Role

At JPMorgan Chase, we are at the forefront of redefining the future of financial services, and our Asset Management division plays a pivotal role in delivering innovative solutions for institutional and individual investors. As an Asset Management - Alternatives Legal Entity Core Operations Associate in our Newark, DE office, you will join a dynamic team focused on the operational backbone of our alternatives investments, including private equity, hedge funds, and real assets. This role offers the opportunity to partner directly with senior leaders, support high-impact strategies, and contribute to the seamless execution of complex transactions that drive client success and firm growth. In this position, you will make a tangible impact daily by ensuring operational excellence in a highly regulated environment, leveraging JPMorgan's global resources to navigate the intricacies of legal entity management. Your core responsibilities will revolve around supporting the end-to-end operations of legal entities within our alternatives portfolio. This includes processing and reconciling transactions, monitoring compliance with SEC and other regulatory standards, and collaborating with cross-functional teams to resolve issues efficiently. You will analyze operational data to identify risks and opportunities, implement process enhancements to streamline workflows, and assist in preparing reports and filings that uphold JPMorgan's commitment to transparency and accuracy. Working in the Transactions category, you will handle everything from fund onboarding to NAV calculations, ensuring that our alternative investment strategies operate flawlessly in a competitive financial landscape. We value professionals who thrive in collaborative settings and bring a proactive mindset to problem-solving. This role is ideal for those passionate about the financial services industry, particularly alternatives, and eager to grow within a world-class institution like JPMorgan Chase. With access to cutting-edge tools, ongoing training, and a supportive culture, you will not only support our operations but also advance your career in asset management. Join us in Newark, DE, to be part of a team that powers sustainable investment outcomes for clients worldwide.

Key Responsibilities

• Support daily operations for legal entities within the Alternatives portfolio, including fund onboarding and maintenance
• Partner with business leaders to execute operational strategies and ensure compliance with regulatory requirements
• Process and reconcile transactions for alternative investments, such as private equity and hedge funds
• Monitor and report on key performance indicators for core operations to mitigate risks
• Collaborate with cross-functional teams, including legal, compliance, and front-office, to resolve operational issues
• Implement process improvements to enhance efficiency in legal entity management
• Assist in the preparation of regulatory filings and audit support for alternatives operations
• Analyze operational data to identify trends and support strategic decision-making
• Ensure accurate NAV calculations and investor reporting for alternative funds
• Contribute to the development of operational controls and procedures in line with JPMorgan standards

Required Qualifications

• Bachelor's degree in Finance, Business Administration, or a related field
• Minimum of 2-3 years of experience in operations, asset management, or financial services
• Strong understanding of legal entity management and regulatory compliance in alternatives investments
• Proficiency in financial transaction processing and reconciliation
• Ability to work collaboratively in a fast-paced team environment
• Excellent attention to detail and problem-solving skills
• U.S. work authorization without need for sponsorship

Preferred Qualifications

• Experience with hedge funds, private equity, or real estate alternatives
• Knowledge of SEC regulations and alternative investment structures
• Familiarity with JPMorgan Chase's internal systems and processes
• Advanced certification such as CFA Level 1 or Series 7
• Prior exposure to data analytics tools in financial operations

Required Skills

• Financial transaction processing
• Regulatory compliance knowledge
• Data reconciliation and analysis
• Attention to detail
• Problem-solving
• Team collaboration
• Communication (written and verbal)
• Time management in fast-paced environments
• Proficiency in Microsoft Excel and financial software
• Understanding of alternative investments
• Risk assessment
• Process improvement methodologies
• Analytical thinking
• Adaptability to changing regulations
• Stakeholder management

Benefits

• Comprehensive health, dental, and vision insurance plans
• 401(k) retirement savings plan with company matching contributions
• Generous paid time off, including vacation, sick days, and parental leave
• Professional development programs and tuition reimbursement
• Employee stock purchase plan and performance-based bonuses
• Wellness programs with gym memberships and mental health support
• Flexible work arrangements, including hybrid options in Newark, DE
• Access to JPMorgan's global mobility and career advancement opportunities

JP Morgan Chase is an equal opportunity employer.