Job Description
About the Employer
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.4 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com .
Global Finance & Business Management ("GF&BM") India is a combined LOB-aligned (Line of Business-aligned) finance & business support team located in India and is part of JPMorgan's global capability center (GCC). We are part of the Office of the CFO (OCFO) organization within JPMorgan, which has 13000+ people across the globe, majority of whom are tasked with managing the firm's Finance function, responsible for reporting quarterly earnings and complying with regulatory requirements along with managing the firm's capital.
GF&BM India was established in September 2002 and currently we have a network of more than 3400+ professionals based out of our Mumbai, Bengaluru and Hyderabad offices who support four main "pillars" of work - Controllers, Planning & Analysis, Finance Operations and Business Client & Products. The teams in India are aligned to the respective LOBs that they support which include Corporate and Investment Banking (CIB), Commercial Banking (CB), Consumer and Community Banking (CCB), Asset & Wealth Management (AWM) and Corporate/Firmwide functions.
We have a strong culture that embodies the principles that guide us in how we do business across the firm. We strive to create a workplace that values and respects individual viewpoints, while at the same time challenging the status quo to make continuous improvements in our processes.
JPMorgan is an equal opportunity employer and places high value on diversity and inclusion. We recognize that our people are our strength and diversity of thought and practices makes us more successful.
The current opening is within Fund Controller in Mumbai which forms part of the AWM LOB within GF&BM India.
About the Team
This job will require working in a team and partnering with the NY-based Alternatives Fund Controller team positioned in the Private Bank's Wealth Management Finance and Business Management group. The individual will participate in a team of professionals responsible for the accounting and financial reporting, cash and expense management, regulatory compliance and governance for the Private Bank's proprietary alternative funds, which includes over 300 private equity funds, private equity fund of funds, hedge fund of funds, and multi asset funds totaling over $60Bn in AUM.
Job Responsibilities:
Provide subject matter expertise to the team to ensure smooth functioning of team, of which the primary responsibilities include but aren't limited to the following:
• Onboarding of new funds through the review of fund offering materials, fund bank account opening, setup with the fund administrators, and preparation of fund budgets.
• Review and sign off of fund NAV packages, associated financials and investor allocations, cash management, and review of unaudited/audited financial statements.
• Oversee and direct the preparation of, and sign off on, fund capital event letters (capital calls and distributions).
• Review of quarterly performance reports for the private equity fund of funds.
• Review and process subscriptions and redemptions for hedge funds and multi-asset funds.
• Directly engage with the Alternatives Fund Controller team and our third party fund administrators on a day-to-day basis to discuss deliverables, accounting issues, and work through reporting and valuation.
• Prepare and review regulatory filings or data used for regulatory reporting.
• Participation in the monitoring of our third party service providers, and preparation of board meeting materials.
• Participation in other special projects and strategic initiatives led by the Fund Controllers team.
• The position will entail significant interaction and coordination with third party fund administrators, independent auditors, depositaries, and tax preparers to ensure that the funds' day-to-day financial operations run smoothly
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.4 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com .
Global Finance & Business Management ("GF&BM") India is a combined LOB-aligned (Line of Business-aligned) finance & business support team located in India and is part of JPMorgan's global capability center (GCC). We are part of the Office of the CFO (OCFO) organization within JPMorgan, which has 13000+ people across the globe, majority of whom are tasked with managing the firm's Finance function, responsible for reporting quarterly earnings and complying with regulatory requirements along with managing the firm's capital.
GF&BM India was established in September 2002 and currently we have a network of more than 3400+ professionals based out of our Mumbai, Bengaluru and Hyderabad offices who support four main "pillars" of work - Controllers, Planning & Analysis, Finance Operations and Business Client & Products. The teams in India are aligned to the respective LOBs that they support which include Corporate and Investment Banking (CIB), Commercial Banking (CB), Consumer and Community Banking (CCB), Asset & Wealth Management (AWM) and Corporate/Firmwide functions.
We have a strong culture that embodies the principles that guide us in how we do business across the firm. We strive to create a workplace that values and respects individual viewpoints, while at the same time challenging the status quo to make continuous improvements in our processes.
JPMorgan is an equal opportunity employer and places high value on diversity and inclusion. We recognize that our people are our strength and diversity of thought and practices makes us more successful.
The current opening is within Fund Controller in Mumbai which forms part of the AWM LOB within GF&BM India.
About the Team
This job will require working in a team and partnering with the NY-based Alternatives Fund Controller team positioned in the Private Bank's Wealth Management Finance and Business Management group. The individual will participate in a team of professionals responsible for the accounting and financial reporting, cash and expense management, regulatory compliance and governance for the Private Bank's proprietary alternative funds, which includes over 300 private equity funds, private equity fund of funds, hedge fund of funds, and multi asset funds totaling over $60Bn in AUM.
Job Responsibilities:
Provide subject matter expertise to the team to ensure smooth functioning of team, of which the primary responsibilities include but aren't limited to the following:
• Onboarding of new funds through the review of fund offering materials, fund bank account opening, setup with the fund administrators, and preparation of fund budgets.
• Review and sign off of fund NAV packages, associated financials and investor allocations, cash management, and review of unaudited/audited financial statements.
• Oversee and direct the preparation of, and sign off on, fund capital event letters (capital calls and distributions).
• Review of quarterly performance reports for the private equity fund of funds.
• Review and process subscriptions and redemptions for hedge funds and multi-asset funds.
• Directly engage with the Alternatives Fund Controller team and our third party fund administrators on a day-to-day basis to discuss deliverables, accounting issues, and work through reporting and valuation.
• Prepare and review regulatory filings or data used for regulatory reporting.
• Participation in the monitoring of our third party service providers, and preparation of board meeting materials.
• Participation in other special projects and strategic initiatives led by the Fund Controllers team.
• The position will entail significant interaction and coordination with third party fund administrators, independent auditors, depositaries, and tax preparers to ensure that the funds' day-to-day financial operations run smoothly
💡 Quick Summary
Seeking a career-building opportunity? The WM Solutions | Alternatives Fund Controller position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai, Maharashtra offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
