J.P. Morgan Asset Management Private Equity Group (PEG), with $34 billion in assets under management as of December 31, 2024, 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 funds in the areas of Global Private Equity, Corporate Finance and Venture Capital, Co-Investment Funds, Secondary Funds, Impact Funds, separate accounts, and a 1940 Act Evergreen fund. 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 with consulting firms and third party advisors.
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Job Summary:
As a Vice President in the Private Equity Operational Due Diligence team within J.P. Morgan Asset Management Private Equity Group, you will play a significant role in enhancing our existing operational due diligence process. You will work closely with the PEG deal teams, Information Management, and Investor Relations teams to assess and report on the operational framework of third-party private equity managers and co-investments. You will also be responsible for ensuring our processes align with industry best practices and addressing inbound operational due diligence inquiries..
Job Responsibilities:
- Building out an existing operational due diligence process for primarily traditional investment managers along with secondaries and co-investments (generally sourced by our existing managers)
- Supporting the operational due diligence process and collaborating with the respective deal teams performing investment due diligence
- Setting up and disseminating operationally focused questionnaires across a range of investment strategies and products
- Requesting, reviewing and saving relevant documentation in CRM tools/Deal Cloud
- Preparing for and participating in operational due diligence meetings with 3rd party investment managers (in person and virtual); this includes evaluating and forming an opinion on various operational risks such as organizational infrastructure, counterparties and service providers, valuation processes, cyber security, compliance and regulatory issues
- Reviewing and scoring responses to operational due diligence questionnaires
- Working collaboratively with control partners in governance, risk, compliance and internal audit
- Representing the firm in front of C-level executives (COO, CFO, CCO, CTO) at third party fund managers
- Presenting analyses, findings and opinions at Investment and Governance Committee meetings and client pitches
- Liaise with teams across the organization including, operations, accounting, compliance, valuations and technology team to ensure industry best practices are applied within the group's existing processes
Required qualifications, capabilities and skills
- The candidate should have experience performing and / or an understanding of how operational due diligence is conducted on alternative investment managers from either working within an audit firm auditing investment products (traditional funds, hedge funds and / or private funds) or working in the operations and / or audit departments of an asset management firm or in an operational due diligence role, or a combination of these roles.
- Skill set to continue to build out our existing ODD platform, enhancements through automation and best in class operational DD processes
- Good understanding of financial markets and various security types
- Good understanding of investment strategies and fund structures
- Advanced proficiency in using Microsoft Office programs including Excel & PowerPoint
- Exceptional organization and analytical skills
- Investigative skills and attention to detail
- Strong teamwork and interpersonal skills with ability to thrive in a satellite office environment on a global team
- Strong written, presentation, and communication skills
- Demonstrated ability to analyze and solve problems and to manage multiple tasks at once
- Strong initiative, energy and confidence completing assignments
Preferred qualifications, capabilities and skills
- Experience with 40Act registered funds A PLUS
ABOUT US
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
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.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
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.