Private Equity Group
J.P. Morgan Asset Management – Private Equity Group (PEG), with $38 billion in assets under management, is comprised of more than 70 professionals globally, and is active in all private equity investment types, styles, stages of business development, industry sectors and geographical locations, and during all market environments. The team manages diversified commingled funds and customized separate accounts investing all stages and types of private equity including buyout, growth equity, and venture capital across partnerships, secondaries, and direct co-investments. Our global client base includes pension plans, insurance companies, endowments & foundations, as well as family offices, trusts, and high-net worth individuals. The team also works closely with consulting firms, third party advisors, and other intermediaries.
Role Overview
This position is for a Vice President – Investment Management / Execution and Client Services role within the PEG.
The role would have four basic areas of responsibility:
Investment execution – supporting the PEG investment teams in the subscription process for closing private equity investments, including primary commitments in private equity funds as well as secondary investments and co-investments.
KYC/AML information management – obtaining and providing KYC/AML materials requested by private equity administrators during closing process and throughout investment cycle.
Account management – acting as principal administrative point of contact for certain PEG account relationships, including managing financial reporting, cash flows, expense payments, periodic investor calls and requests, in conjunction with the broader PEG business, investment and operations teams.
PEG fund closings – manage fund closings for investors in PEG funds, including coordinating client onboarding and KYC process, with the PEG investor relations and marketing teams, JPMC client account managers and operations team, and external custodian / administrator
While not a legal role, investment funds experience as a lawyer, paralegal, AML officer, finance or operations would be useful. Critical to success of the role is developing a deep understand of all of the PEG’s business functions (e.g., investment support, product development, marketing, finance, operations), collaborating closely with the Group’s global investor relations and portfolio management teams, building institutional knowledge, and being a representative of the PEG to clients, service providers and other teams at JPMC. Excellent communication (written and verbal), analytical, time management and organizational skills and attention to detail are critical.
Responsibilities include:
- Completion of subscription booklets and KYC onboarding requirements for PEG clients participation in private equity investments
- Manage and respond to KYC/AML compliance requests from private equity administrators.
- Managing all administrative aspects for certain PEG account relationships
- Manage private equity fund closings, including client onboarding and KYC processing
Qualifications
Essential Skills:
Accepts ownership and accountability; self-motivated with a strong work ethic and ability to make decisions
Independent and creative thinker with ability to learn and tackle new challenges
Experience successfully working through high stress, challenging situations while managing multiple projects
Confidence to constructively challenge assumptions, accept feedback and overcome disagreement
Takes a team-oriented, collaborative approach
Highest ethical and fiduciary standards
Preferred Experience:
5+ years of professional experience in relevant asset management function, such as investment execution, operations, legal support, client servicing or similar role
Familiarity with private equity documentation, subscription process and financial reporting
Education/Credentials:
BA
JD helpful but not required.