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JPMorganChase

Asset Management -Alternatives Fund Controlling Specialist - Vice President - Luxembourg

Posted 2 Days Ago
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Remote or Hybrid
Hiring Remotely in Luxembourg
Senior level
Remote or Hybrid
Hiring Remotely in Luxembourg
Senior level
The Alternatives Fund Controlling VP oversees financial and operational controls for Luxembourg alternative funds, managing external fund relationships and governance processes while ensuring compliance with regulations.
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Job Description
JPMorgan Asset Management (Europe) S.à r.l. ("JPMAME") is the designated Luxembourg AIFM of JPMorgan Asset Management's alternative investment products. With more than 170 employees based in Luxembourg, JPMAME provides supervision and oversight of fund activities including those delegated to third parties. In order to support its fast-growing Alternative funds pipeline and the implementation of the AIFM Alternatives oversight model for regulated alternative products, JPMAME is looking for an experienced
Alternatives Fund Controlling Specialist (Vice President)
Overview:
The Alternatives Fund Controlling VP will oversee the financial and operational controls for Luxembourg alternatives funds, including both regulated and unregulated fund structures. The role requires deep expertise in alternative products and strategies, alternative fund valuations and oversight, Luxembourg fund structures, and industry practices and regulations.
Reporting to: JPMAME Product Administration - Alternatives Oversight Manager
Key Responsibilities:
  • Lead and document oversight controls on NAVs for alternative funds, including managing day-to-day engagement and service reviews with external fund administrators.
  • Review and challenge valuation documentation and recommendations, ensuring thorough analysis and accuracy, and manage comprehensive formalization of valuation committees and related reporting to governance bodies.
  • Execute core and ancillary oversight and governance responsibilities, with ongoing collaboration with JPM Alternatives business groups, valuation support teams, fund administrators, consultants, and depositaries, among others.
  • Own periodic reviews and updates to valuation and NAV oversight policies, procedures and governance charters, service level and operating model documentation and ensure comprehensive implementation.
  • Manage end-to-end internal control reviews and external fund audits in coordination with fund service providers, auditors, etc.
  • Respond to internal and external queries, including regulatory or audit follow-ups regarding fund valuation, NAV monitoring, and other fund controlling matters.
  • Report to management committees, fund boards, and other governance bodies.
  • Lead automation and technology initiatives to enhance oversight and controlling processes.
  • Implement team requirements for new product launches and onboarding by reviewing fund documents, agreements, and designing and implementing control models and policies for new funds in collaboration with investment desks, product development and legal teams, among others.
  • Monitor regulatory filings under the team's remit and support other JPM functions as required for compliance and risk management matters, reporting to regulators and tax authorities, among others.
  • Mentor and guide junior team members.

Required Experience:
  • Minimum 8 years' experience in fund controlling, fund administration, audit, or oversight of Luxembourg alternative funds.
  • Proven track record in regulated and unregulated fund structures and investments, valuation methodologies, industry practices and guidelines and regulatory requirements, in particular UCI laws, AIFMD and related CSSF circulars, and regulatory developments.
  • Strong analytical and problem-solving skills, with the ability to synthesize complex information for senior leadership and advanced capability in preparing executive-level management reporting and documentation to support and facilitate strategic decision-making.
  • Experience leading technology and automation projects in fund oversight.
  • Ability to manage external service providers and complex and global stakeholder relationships.

Required Skills:
  • Excellent relationship-building and stakeholder management skills.
  • Effective communication skills, with the ability to present findings and recommendations clearly to governance bodies and executive stakeholders.
  • Strong organizational skills, high sense of responsibility, and dependability and proficiency in managing multiple priorities and deadlines in a fast-paced environment .
  • High accuracy, attention to detail, and ability to work autonomously.
  • Positive attitude to uphold robust controls and compliance standards across fund oversight processes.
  • Fluency in written and spoken English; other languages a plus.

The is a full-time, onsite role based in our Luxembourg office.
About Us
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
About the Team
J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.

Top Skills

Automation Technology
Nav Oversight

JPMorganChase London, England Office

25 Bank Street, Canary Wharf, London, United Kingdom, E14 5JP

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