JPMorganChase · 1 month ago
Hedge Fund Operations Associate – Alternatives Middle Office
390 Madison Ave, New York, NY, 10017, US
Full-time
Onsite
Mid, Senior Level
$88K/yr - $128K/yr
4+ years expJPMorganChase is one of the oldest financial institutions, offering innovative financial solutions to a broad range of clients. As an Alternative Operations Associate, you will oversee operational functions for clients and service providers, ensuring efficient workflow and compliance in hedge fund operations.
Asset ManagementBankingFinancial Services
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
Qualification
Required
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
Preferred
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 Liquidity in the Hedge Fund or Fund of Funds business a plus
Experience in FX hedging execution, settlement and monitoring a plus
Experience working with Compliance/Legal on investment documentation and AML standards a plus
Benefits
Comprehensive health care coverage
On-site health and wellness centers
A retirement savings plan
Backup childcare
Tuition reimbursement
Mental health support
Financial coaching
Company
JPMorganChase
With a history tracing its roots to 1799 in New York City, JPMorganChase is one of the world's oldest, largest, and best-known financial institutions—carrying forth the innovative spirit of our heritage firms in global operations across 100 markets.
10001+ employees
H1B Sponsorship
JPMorganChase has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (3471)
2024 (3469)
2023 (3395)
2022 (3594)
2021 (2515)
2020 (2495)
Funding
Current Stage
Public CompanyTotal Funding
unknown1998-02-01IPO
Leadership Team
Allison Beer
CEO of Card Services and Connected Commerce
Dan Mendelson
CEO, Morgan Health
Recent News
2026-01-23
2026-01-22
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