Wealth Management Solutions, Alternative Investments Tax, Associate

Within J.P. Morgan Wealth Management, the Alternative Investments Group (“AIG”) consists of experienced professionals based in New York, Hong Kong, Singapore, London and Geneva whose goal is to identify, develop, and bring to J.P. Morgan’s private clients a diverse array of attractive alternative investment opportunities.  The team looks broadly across private equity, real estate and hedge funds, and since inception in 1992, has brought investment opportunities to J.P. Morgan’s private clients, endowments and foundations.  The team brings a unique perspective and best in class approach to sourcing, structuring, developing, and offering alternative investment opportunities. 

Job Summary

The Alternative Investments Tax Team is positioned within the Alternative Funds Management group (“Funds Management”), rolls up into the Investments Solutions organization, supports the AIG, and is responsible for overseeing the U.S. and international tax reporting for over 500 private equity funds of funds, hedge fund of funds, hedge funds, real estate funds, and multi-asset class funds. 

We are seeking a highly-motivated individual joining the Alternative Investment Tax team, with split reporting to Executive Directors of the team. This position will support all tax aspects and engagements for the Private Bank’s single asset fund and discretionary fund real estate business, and additionally supporting various tax regimes including U.S., Luxembourg, Spanish, German, U.K., French, Swiss, Danish and Canadian tax as well as FATCA and the Common Reporting Standard (“CRS”).  Primary responsibilities include reviewing tax work papers and filings prepared by third-party tax advisors, preparing tax provisions, discussing tax technical issues with third-party fund managers and tax advisors, planning tax engagements, management of third-party tax advisors, ensuring timely receipt of information necessary to prepare tax filings and answering client tax questions. Additional responsibilities include enhancing operational controls, supporting new business launches and customized Alternatives offerings, participation in platform governance, as well as other special projects and strategic initiatives led by the Tax team.  The position requires significant problem-solving and organization skills.

The position involves interaction and coordination with the Private Bank’s third-party U.S. and international tax advisors, administrators and fund managers, as well as various teams within the JPMorgan, including Corporate Tax (U.S. and international), Structuring (U.S. and international), Funds Management, Marketing, Investor Relations, the Middle Office, Legal, Tax Operations and the global sales force.

Required Qualifications: 

• Minimum of 3-5 years of experience in U.S. federal tax experience 
• At least 2 years of U.S. federal tax experience related to private equity and/or hedge funds
• Partnership tax experience
• Bachelor’s degree in accounting 
• Strong oral and written communication skills as well as strong interpersonal and organizational skills 
• Ability to work proactively and learn independently 
• Ability to multi-task in a fast paced environment 
• Excellent time management 
• Strong Microsoft Word and Excel (sums, pivot tables, v-lookups, data manipulation)

Preferred Qualifications: 

• Real estate fund U.S. federal tax experience 
• Tax Provision experience 
• Masters in Tax and/or CPA 
• Working knowledge of FATCA and CRS 
• Proficiency with PowerPoint 
• Proficiency with Alteryx. Xceptor, and Python 

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 dur