JPMorgan Chase Corporate & Investment Bank Investor Services - Fund Accounting Associate in Brooklyn, New York

About J.P. Morgan

J.P. Morgan is a leading global financial services firm with assets of $2.1 trillion and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management and private equity. If you are interested in working in an environment where leadership, excellence, initiative and diversity are amongst our core values, then we welcome you to explore the opportunities at JPMorgan. Information about J.P. Morgan is available at at .

About J.P. Morgan Corporate & Investment Bank (CIB)

J.P. Morgan's Corporate & Investment Bank is a global leader across banking, markets and investor services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $18 trillion of assets under custody and $393 billion in deposits, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.

Custody and Fund Services

Custody and Fund Services, a division of J.P. Morgan Chase Bank, N.A.’s Investor Services business, is a global industry leader with $18 trillion in assets under custody. J.P. Morgan provides innovative custody, fund accounting and administration and securities services to the world’s largest institutional investors, alternative asset managers and debt and equity issuers. J.P. Morgan’s Custody and Fund Services business is comprised of Custody, Accounting, Transfer Agency, Middle Office outsourcing, Foreign Exchange, and other activities related to servicing assets for traditional and alternative funds; it leverages its scale and capabilities in more than 100 markets to help clients optimize efficiency, mitigate risk and enhance revenue through a broad range of investor services as well as securities clearance, collateral management and alternative investment services.

Hedge Fund Services Departmental Outline:

Hedge Fund Services (Fund Accounting) is a centre of expertise providing a Fund Accounting operational service to multiple clients and fund types on behalf of JP Morgan CIB. The Fund Accounting Team is responsible for generating, validating, and releasing NAV share prices for clients while maintaining an accurate accounting record.

Role Description:

The Supervisor/Specialist is an integral member of the Fund Accounting team who will be primarily responsible for the daily collection, verification, and review of the NAV and accounting records. The Supervisor/Specialist will perform a second level analysis of all issues identified and raised within the team and interact with the various Centralised Teams, where necessary, to ensure accuracy of the NAV and timely delivery. The Supervisor/Specialist will utilize key business knowledge to make informed decisions thereby reducing the exposure to risk whilst adhering to the strict reporting deadlines. Responsible for the daily oversight of team members and the allocation of tasks within the team to ensure all deadlines / department objectives are met. Where required, the Supervisor will escalate issues to a Fund Accounting Manager for further validation.

Key Responsibilities:


  • First level review of all operational processes

  • Task allocation and resource planning

  • SME and key contact for partner sites/locations

  • Inquisitive by nature and technically competent across all aspects of Fund Accounting and Operations.

  • Maintenance of standard operating procedures (SOPs)

Control / Risk

  • Escalation and resolution of issues in a timely manner

  • Ensure SOPs are applied consistently in daily work practices

  • Ensure checklists are completed and evidenced accordingly

Client / Service delivery

  • Understand all deliverables and implications of missed SLA's

  • Monitor performance against guidelines set out in relevant scorecards

  • Develop and maintain a value add relationship with clients

  • Develop and maintain strong relationships with internal partners

  • Establish effective working relationships with key contacts.


  • Assist junior team members in training and coaching

These 7 points have been carefully considered as being essential for the role. Your background must accurately reflect all of these for your application to be considered.

  • You will have extensive experience in a Fund Accounting environment

  • You will have strong client management skills and ability to build key relationships

  • Understanding of distributed operating model and constituent parts

  • Good understanding of exception based validation

  • You will be able to demonstrate your ability to work under pressure and to tight deadlines

  • You will possess team coordination and organisation skills

  • You will have a thorough understanding of the financial markets, investment types and accounting and pricing policies essential


  • Risk control and procedure orientated

  • Analytical, judgment and prioritization skills

  • Advent Geneva knowledge advantageous, but not essential

  • Ideally educated to degree level or equivalent in a related subject

JPMorgan offers an exceptional benefits program and a highly competitive compensation package.

JPMorgan is an Equal Opportunity Employer.

JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.