Asset Management - Fund Controller Associate

Location: New York, NY, United States

Job Family: Business Support

About the Role

J.P. Morgan Asset Management, a leading global asset manager with over $2.8 trillion in assets under supervision, is seeking a Fund Controller Associate to join our Client Service Organization in New York, NY. In this role, you will play a critical part in supporting the operational excellence of our investment funds, ensuring accurate financial reporting and compliance for institutional and retail clients worldwide. As part of a dynamic team, you will contribute to the firm's commitment to delivering superior client outcomes through robust fund accounting practices, leveraging J.P. Morgan's cutting-edge technology and risk management frameworks. The Fund Controller Associate will be responsible for overseeing the end-to-end accounting lifecycle for a portfolio of funds, including reconciliation, reporting, and analysis. You will work closely with investment professionals, operations teams, and external partners to maintain the integrity of financial data, mitigate risks, and drive process efficiencies. This position offers exposure to diverse asset classes such as equities, fixed income, alternatives, and multi-asset strategies, providing an ideal platform for career growth within J.P. Morgan's prestigious Asset Management division. At J.P. Morgan Chase, we value innovation, integrity, and inclusion, fostering a collaborative environment where your contributions can have a global impact. This role demands a blend of technical expertise and business acumen, with opportunities to engage in high-profile projects that shape the future of asset management. If you are passionate about financial services and ready to advance your career in a world-class institution, we encourage you to apply.

Key Responsibilities

• Oversee the daily accounting and reconciliation processes for assigned investment funds within JP Morgan Chase's Asset Management division
• Prepare and review monthly, quarterly, and annual financial statements in compliance with GAAP and regulatory standards
• Collaborate with portfolio managers and investment teams to ensure accurate NAV calculations and performance reporting
• Manage fund-level cash flows, including subscriptions, redemptions, and expense accruals
• Conduct internal controls testing and support external audits to maintain operational integrity
• Analyze variances in financial reports and provide insights to senior management
• Assist in the implementation of new accounting policies and system enhancements
• Liaise with custodians, prime brokers, and third-party administrators to resolve discrepancies
• Monitor and report on key risk indicators related to fund accounting
• Contribute to process improvements aimed at enhancing efficiency in the Client Service Organization

Required Qualifications

• Bachelor's degree in Accounting, Finance, Business Administration, or a related field
• Minimum of 2-3 years of experience in fund accounting, financial reporting, or asset management operations
• Strong understanding of GAAP and IFRS accounting standards
• Proficiency in financial modeling and analysis using Excel or similar tools
• Experience with fund administration systems or ERP software
• Ability to work in a fast-paced, high-volume environment with tight deadlines
• Professional certification such as CPA, CFA, or ACCA (or progress towards one)

Preferred Qualifications

• Advanced degree (MBA or Master's in Finance) with a focus on asset management
• Prior experience at a major financial institution like JP Morgan Chase or similar
• Knowledge of alternative investments such as hedge funds or private equity
• Familiarity with regulatory requirements from SEC, FINRA, or international bodies
• Demonstrated project management experience in financial services

Required Skills

• Financial accounting and reporting
• Fund valuation and NAV computation
• Excel proficiency (advanced functions, pivot tables, VBA)
• Attention to detail and accuracy
• Analytical problem-solving
• Regulatory compliance knowledge (SEC, GAAP, IFRS)
• Communication and stakeholder management
• Time management in deadline-driven settings
• Risk assessment and internal controls
• Data reconciliation and variance analysis
• Team collaboration and cross-functional coordination
• Adaptability to changing financial regulations
• Project management basics
• Familiarity with financial software (e.g., Advent, Geneva)
• Ethical judgment in handling sensitive financial data

Benefits

• Competitive base salary and performance-based annual bonuses
• Comprehensive health, dental, and vision insurance plans
• 401(k) retirement savings plan with generous company matching
• Paid time off including vacation, sick days, and parental leave
• Professional development programs and tuition reimbursement for certifications like CFA or CPA
• Employee stock purchase plan and other financial wellness benefits
• On-site fitness centers and wellness programs at JP Morgan Chase facilities
• Global mobility opportunities and career advancement within the firm

JP Morgan Chase is an equal opportunity employer.