Securities Services -Alternative Fund Services - Associate

Location: Boston, MA, United States

Job Family: Customer Success

About the Role

At J.P. Morgan Chase, we are a leading global financial services firm with a proud history of innovation and client focus. The Securities Services - Alternative Fund Services team plays a critical role in supporting the administration of complex alternative investment vehicles, including hedge funds, private equity, and real assets. As an Associate in this dynamic group based in Boston, MA, you will join a collaborative environment where your expertise in fund administration will directly contribute to delivering superior client outcomes. This Customer Success role involves reviewing and managing key client deliverables, ensuring seamless operations that align with J.P. Morgan's commitment to excellence in securities services. In this position, you will be responsible for overseeing the end-to-end administration processes for alternative funds, from NAV calculations and reconciliations to regulatory reporting and compliance checks. You will work closely with clients to understand their unique needs, providing tailored solutions that enhance their investment strategies. Collaborating with cross-functional teams across J.P. Morgan's global network, you will help mitigate risks, optimize workflows, and drive efficiency in a high-stakes financial landscape. Your ability to handle detailed financial data and navigate evolving industry regulations will be essential to maintaining the trust and satisfaction of our institutional clients. J.P. Morgan Chase offers unparalleled opportunities for growth in the financial services industry, with access to cutting-edge technology and mentorship from industry leaders. This role is ideal for professionals passionate about alternative investments who thrive in a fast-paced, client-centric setting. By joining our team, you will not only advance your career but also contribute to J.P. Morgan's mission of powering the progress of the world's leading investors, all while benefiting from a supportive culture that values diversity, inclusion, and work-life balance.

Key Responsibilities

• Review and manage daily client deliverables for alternative fund administration, ensuring accuracy and timeliness
• Collaborate with internal teams to resolve discrepancies in fund valuations, NAV calculations, and reconciliations
• Monitor regulatory compliance for hedge funds, private equity, and other alternative investments
• Provide exceptional customer success support to clients, addressing inquiries and optimizing service delivery
• Analyze fund performance data and prepare customized reports for client portfolios
• Coordinate with global teams to support cross-border fund services and operational efficiency
• Identify process improvements to enhance the administration of alternative fund services
• Assist in onboarding new clients and expanding relationships within J.P. Morgan's Securities Services
• Ensure adherence to J.P. Morgan's risk management and control frameworks
• Contribute to team initiatives aimed at innovation in alternative investment servicing

Required Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field
• Minimum of 3-5 years of experience in fund administration, securities services, or alternative investments
• Strong knowledge of alternative fund structures, including hedge funds, private equity, and real assets
• Proficiency in financial reporting standards such as GAAP, IFRS, and SEC regulations
• Experience with client deliverables in a high-volume, deadline-driven environment
• Ability to obtain necessary securities licenses (e.g., Series 7 or 99) if not already held
• Demonstrated track record of managing client relationships in the financial services sector

Preferred Qualifications

• Advanced degree (MBA or Master's in Finance) or relevant certifications (e.g., CFA, CPA)
• Prior experience working at a major financial institution like J.P. Morgan Chase
• Familiarity with J.P. Morgan's proprietary systems for fund administration
• Experience in alternative fund services specifically within Securities Services
• Proven ability to handle complex, multi-jurisdictional fund portfolios

Required Skills

• Fund administration and accounting expertise
• Knowledge of alternative investments (hedge funds, private equity)
• Financial reporting and reconciliation skills
• Regulatory compliance (SEC, GAAP, IFRS)
• Client relationship management
• Analytical and problem-solving abilities
• Attention to detail and accuracy
• Time management in fast-paced environments
• Proficiency in Microsoft Excel and financial software (e.g., Bloomberg, Aladdin)
• Communication (verbal and written)
• Team collaboration and leadership
• Risk assessment and mitigation
• Data analysis and interpretation
• Adaptability to changing regulations
• Project management for client deliverables

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, including tuition reimbursement and access to J.P. Morgan's learning resources
• Employee stock purchase plan and other financial wellness benefits
• Wellness programs, including gym memberships and mental health support
• Flexible work arrangements and hybrid options in Boston, MA

JP Morgan Chase is an equal opportunity employer.