Alternative Operations Associate

As an Alternative Operations Associate on the Hedge Fund Solutions Team within Alternatives Middle Office, a division of JPMorgan Alternative Asset Management, Inc.

with $12 billion in assets in fund of hedge funds, private credit and multi-manager customized portfolios you will be an Alternative Operations Associate with strong interpersonal and operational skills to perform and/or oversee the operational functions of its clients and service providers (administrators, custodians, etc.).

Job Responsibilities:


* Create, manage and review all documents and spreadsheets relating to subscriptions, redemptions, transfers and conversion processing for both Investors and Investments


* Execute complex Investments in and out of underlying Hedge Fund Managers (both USD and FX)


* Work closely with portfolio management team and risk on the finalization of trades/executions


* Daily Interaction with Compliance and Legal on all aspects of investment documentation


* Daily cash and trade reconciliation


* Working directly with clients, clients support teams, and internal working teams on new product launches and new business initiatives


* Offering guidance/support/knowledge to various clients, client support teams and JPM teams on product services and processes


* Establish efficient workflow processes between JPMAAM and our client's Fund Administrators/custodians


* Proactively look for means of automation, efficiencies and scalabilities - consistently work with business groups to make enhancements to current systems and processes


* Work with internal or external vendors to minimize risk, maximize efficiency and ensure service quality


* Responsible for resolving problems and discrepancies both internally and externally

Required qualifications, capabilities and skills:


* 4 years of relevant experience


* Proactive, detail oriented, team player with strong organizational/multi-tasking skill set


* Strong working knowledge of products with an emphasis on Subscription, Redemption, Conversion and Transfer processing


* Experience in FOF trade execution, completion of hedge fund documents


* Strong ability in working with and instructing and/or communicating with Fund Administrators/Custodians/Clients/Fund Managers


* Understanding product needs and implement adequate procedures and improvements across products


* Excellent database knowledge required - Specifically Microsoft Excel.


* Ability to communicate directly with all levels of Senior management within the business and throughout the organization


* Ability to take on additional responsibilities as the group expands


* Knowledge of Transfer Agent, Registrars, Custody Operations and Foreign Exchange functions


* 6-8 years of relevant work experience - working with Fund Administrators, Custodians, Hedge Funds or Fund of Funds


* Knowledge of High Water Mark, Side Pockets, Incentive Fees, Management Fees and ...