Trading Services 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 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