The role involves managing private markets fund administration, ensuring compliance with regulations, product governance, and fostering client relationships.
Job Description
J.P. Morgan Alternative Fund Services ("AFS") is part of the Securities Services business group in the Corporate & Investment Bank and is one of the largest fund and portfolio administration businesses in the industry, administering over $1 trillion in assets globally. Our AFS business has over 1,200 dedicated professionals with offices in Dublin, London, Luxembourg, New York, New Jersey, Boston, Toronto, Bangalore, Guernsey, Hong Kong, Jersey, Singapore, Toronto and Sydney. We provide administration services to more than 180 clients across all alternative asset classes.
As a member of the Private Fund Services (PFS) Product team, you will assist with the governance, strategic direction, and definition of the private markets fund administration product. You will also become a Subject Matter Expert (SME) on the private markets fund business, offering thought leadership and guidance on all product aspects of the business. In this role, you will collaborate closely with our business partners in Operations, Risk, Technology, Product Development, Compliance, and Sales/Relationship Management.
Job Responsibilities
• Defining and documenting the standard product definition and ensuring the product stays within the agreed product definition
• Ensuring the product offering is consistent and aligned with our global fund product offerings across Securities Services
• Managing the legal and regulatory landscape to ensure the product conforms to current regulations (and is prepared for future regulations)
• Acting as a subject matter expert with our product partners • Working with Sales to define and agree the target profile of prospective clients.
• Produce and present marketing materials as well as provide demonstrations of the platform. Coordinate RFP responses and provide pricing proposals for prospective clients.
• Working with Operations to ascertain deal solutions and target operating models
• Negotiate legal contracts within agreed parameters of the bank
• Develop strategic relationships with key client decision-makers and act as the point of contact/escalation for large relationships. Conduct monthly service meetings and present to client boards on behalf of the administrator. • Managing the product profit and loss at a client level and identify operational inefficiencies and additional service opportunities
Required qualifications, capabilities and skills
• Specific experience with private markets fund administration and/or operations • Knowledge of the private markets fund space • Ability to manage to tight deadlines with a mindset for flexibility • Strong written and verbal communication skills • A pragmatic problem solver and \"out-of-the box\" analytical thinker capable of challenging the operating norm and making recommendations • Demonstrated ability to synthesize information, prioritize business goals, and drive results with a high sense of urgency and attention to detail • Ability to generate support from a wide-range of stakeholders and create a strong network of relationships among peers, and internal partners
About Us
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
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.
J.P. Morgan Alternative Fund Services ("AFS") is part of the Securities Services business group in the Corporate & Investment Bank and is one of the largest fund and portfolio administration businesses in the industry, administering over $1 trillion in assets globally. Our AFS business has over 1,200 dedicated professionals with offices in Dublin, London, Luxembourg, New York, New Jersey, Boston, Toronto, Bangalore, Guernsey, Hong Kong, Jersey, Singapore, Toronto and Sydney. We provide administration services to more than 180 clients across all alternative asset classes.
As a member of the Private Fund Services (PFS) Product team, you will assist with the governance, strategic direction, and definition of the private markets fund administration product. You will also become a Subject Matter Expert (SME) on the private markets fund business, offering thought leadership and guidance on all product aspects of the business. In this role, you will collaborate closely with our business partners in Operations, Risk, Technology, Product Development, Compliance, and Sales/Relationship Management.
Job Responsibilities
• Defining and documenting the standard product definition and ensuring the product stays within the agreed product definition
• Ensuring the product offering is consistent and aligned with our global fund product offerings across Securities Services
• Managing the legal and regulatory landscape to ensure the product conforms to current regulations (and is prepared for future regulations)
• Acting as a subject matter expert with our product partners • Working with Sales to define and agree the target profile of prospective clients.
• Produce and present marketing materials as well as provide demonstrations of the platform. Coordinate RFP responses and provide pricing proposals for prospective clients.
• Working with Operations to ascertain deal solutions and target operating models
• Negotiate legal contracts within agreed parameters of the bank
• Develop strategic relationships with key client decision-makers and act as the point of contact/escalation for large relationships. Conduct monthly service meetings and present to client boards on behalf of the administrator. • Managing the product profit and loss at a client level and identify operational inefficiencies and additional service opportunities
Required qualifications, capabilities and skills
• Specific experience with private markets fund administration and/or operations • Knowledge of the private markets fund space • Ability to manage to tight deadlines with a mindset for flexibility • Strong written and verbal communication skills • A pragmatic problem solver and \"out-of-the box\" analytical thinker capable of challenging the operating norm and making recommendations • Demonstrated ability to synthesize information, prioritize business goals, and drive results with a high sense of urgency and attention to detail • Ability to generate support from a wide-range of stakeholders and create a strong network of relationships among peers, and internal partners
About Us
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
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.
Top Skills
Financial Services
Fund Administration
Regulatory Compliance
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