• Job Description

  Req#: 210448914

  About J.P. Morgan

  JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.5 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. A component of the Dow Jones Industrial Average, 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.

  Who we are

  The Private Equity and Real Estate Services is a team within the Corporate & Investment Bank (CIB)’s Securities Services group which is expanding their services by offering data as service responsible for generating revenue for the firm by building and commercializing best-in-class data solutions for our Alternatives client base for different investment lifecycles. Our mission is to establish top-tier client services and enable our clients to achieve their business goals by extending J.P. Morgan’s reputation as market leader in financial products into the data as a service space.

  Function Overview
  The Private Equity Fund Services group is looking for a candidate that will help build out our Private Equity waterfall center of excellence. The candidate will work closely with our Clients, as well as Operations and Technology teams, to develop Private Equity distribution waterfall models on a strategic waterfall platform and continue building on the waterfall knowledge and expertise in the business as we continue to grow and build out our centralized waterfall team.

  Key Roles and Responsibilities

  • Gather, document and develop the waterfall requirements for private equity and hybrid funds based on the fund governing documents, agreements, and interpretations of key financial terms, while working closely with client executives and client general counsel.
  • Build carried interest/incentive fee financial models based on the waterfall requirements to facilitate the Fund Accounting teams in servicing clients.
  • Maintain continuous alignment of waterfall development project plan objectives to the client’s requirements and modify the project plan to enhance effectiveness of the waterfall development process as necessary.
  • Enhance and maintain effective communication with key engagement partners, including JPMorgan internal Sales, Product, Operations, Tax, and Technology partners.

  Required qualifications, capabilities, and skills:

  • Bachelor’s Degree in Finance/Business/Accounting / Mathematics. Degree in Computer Science or similar technical background will also be considered.
  • 0-2 years minimum private equity experience. 2+ years of Financial Services Industry or equivalent experience
  • Client service experience is required
  • Strong understanding of key financial terms in private equity fund agreements
  • Solid prioritization and organizational skills with exceptional attention to detail
  • Ability to work closely with others to troubleshoot issues and remediate accounting data Intermediate Excel skills
  • Cascade Suite experience a huge plus

  Preferred qualifications, capabilities, and skills

  • Private equity waterfall modeling experience is preferred
  • Investran knowledge a plus
  • VBA programming knowledge, SQL knowledge, and experience with Visio a plus
  • CPA/CFA or working towards the designation a plus
  • Proven ability to successfully plan, lead, and execute complex engagements while influencing many different groups and individuals to deliver high quality and timely deliverables

  
  The role is based in Bangalore but will involve interaction with J.P. Morgan teams across the globe.

  Shift timing: - 1:30 Pm to 10:30 Pm IST

• About the company

  J.P. Morgan is a leader in financial services, offering solutions to clients in more than 100 countries with one of the most comprehensive global product platforms available. We have been helping our clients to do business and manage their wealth for more than 200 years. Our business has been built upon our core principle of putting our clients'​ interests first.

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