JPMorgan Hedge Fund Services delivers an extensive solution for Hedge Fund and Funds of Hedge Funds clients seeking independent administration and custody services or to outsource their day-to-day operations. The Portfolio Accounting team has the responsibility for providing a premium quality client service to Hedge Fund Service Clients, ensuring deadlines are met at all times. Reporting to the Portfolio Accounting, VP, you will be responsible for the following: Assisting with the initial set up of the function, defining structure and processesManaging a team of account managers, performance management, assisting with recruitment and ensuring appropriate training & development is in placeTo create, maintain and update proceduresEnsuring that all controls and procedures outlined in the procedures manual and general company policies are complied with across all groupsYou will have a strong focus on client management ensuring clients receive a premium service throughout the transition periodDeveloping a thorough knowledge of our client base and building relationships with Investment managers and other related third partiesWorking closely with the new business team and clients through the on-boarding processAssisting the portfolio accounting manager in managing client allocation, workflow management throughout the teams and headcount planningAppointing appropriate staff to clients and ensuring staff are in place to meet client needsOn-going review of daily controls and communication of any new training or procedural changes to your teamAssisting with preparation of NAV files when necessaryReviewing and signing off on NAV files of other team membersReview of daily P&L on all middle office clients and query management and resolution with functional teamsReview of the corporate accounting function to allocate P&L to share classes and deriving GAV per shareWorking closely with your clients to resolve queries and providing first level accountTo work with investment operations, reconciliations, shareholder services and financial reporting to agree internal deadlines to ensure external client deadlines are met Ensure all scheduled work is completed by agreed deadlines, checklists are signed and files contain all required Ensuring there is appropriate back up on each fund to cover holidays, absences and turnoverTo assist with training and coaching new team members as the group growsStreamlining operational processes to reduce risk and improve efficiency.Ensuring that technology available is being fully utilized in the most efficient mannerWorking with technology to resolve any issues and improve processesWorking closely with legal/compliance to ensure all funds are in compliance with the relevant regulatory authoritiesReporting to management, MIS and ad hoc issues that may arise Participating in projects
Qualifications Profile:The function requires the individual to display the following characteristics Leadership & Motivation Professional and proactive approach to work, problem solver The ability to manage change and deliver results Excellent communication skills both oral and written Excellent interpersonal skills, Strong client service orientation Strong organizational skills, concern for quality & accuracy and working to strict deadlines Ability to develop a high performing team Requirements:A minimum of 6 years relevant hedge fund experience is essential A minimum of 3 - 4 years people management experience Third level qualification and/or accounting qualification A thorough understanding of the theoretical and technical nature hedge fund accounting and administration Comprehensive working knowledge of hedge fund administration systems
