Within J.P. Morgan’s Private Bank, the Alternative Investments Group (“AIG”) is a global team of experienced professionals based in New York, Hong Kong, London and Geneva whose goal is to identify and bring to J.P. Morgan’s private bank and wealth management clients a diverse array of attractive alternative investment opportunities. With over $100 billion of client capital invested across hedge funds, private equity and real estate opportunities, the AIG team brings a unique perspective to sourcing and offering alternative investment opportunities to J.P. Morgan’s private banking and wealth management clients. The AIG team uses a "best-of-breed" approach to source opportunities across its broad platform. A disciplined selection process enables the group to offer wealth management clients top quality investment opportunities from both within the firm and from outside of the firm through third-party managers. Close attention is paid to tax issues relevant to both U.S. and non-U.S. investors, and where possible the team seeks to leverage J.P. Morgan's expertise in generational planning in an effort to create tax-efficient investment vehicles for wealth management clients globally.
Position Summary
The Alternatives Fund Structuring Associate assumes a pivotal role on the deal team, supporting the senior deal captain in transaction management and overseeing designated projects. The Associate has regular interaction with senior executives within J.P. Morgan Private Bank as well as with fund management teams/principals and external service providers. The Associate will also have exposure to private bank and wealth management clients.
Responsibilities
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Responsible for mid-stream transaction execution from late due diligence to fund launch.
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Utilize appropriate firm and industry resources to complete analysis of investment strategy, competitor funds and market positioning, as required.
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Work with the Solutions Product Development Team, internal/external legal counsel and tax colleagues to analyze and comment on offering materials, including the private placement memorandum, subscription documents and partnership agreements.
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Develop marketing materials including a flipbook presentation, executive summary and cover letters that present a clear, concise message that highlights the key marketing points and investment considerations to wealth management clients.
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Responsible for sign-off on subscription documents and working with internal/external legal counterparts to train marketing force regarding execution of documents.
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Review, identify and communicate any non-standard structural and operational issues to global middle office teams prior to launch of investment.
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Educate and advise AIG Investment Specialist Team on each transaction to ensure that they are equipped to answer questions from regional teams regarding the investment opportunity.
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Coordinate ongoing relationship management with fund management teams, private bank marketers and internal and external service partners (e.g., middle office, fund administration and external counsel).
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Assist AIG due diligence team in monitoring investments post-placement including participating in quarterly update calls/meetings with issuers as required.
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Participate in strategic decisions related to AIG deal pipeline and organize offering calendar and all aspects of a transaction including: overseeing production and distribution of all offering/closing documents, legal documentation sign-off, and ensuring successful final closing, including funding, often under strict deadlines.
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Actively assist in addressing ad hoc issues (e.g. limited partner amendments, defaults, performance
and regulatory issues). -
Monitor and report on fundraising process to senior management.
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Informally supervise and provide guidance to junior Analyst colleagues.
Qualifications
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Bachelor’s Degree
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2-3 years experience working in project teams
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Excellent written and oral communication skills
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Excellent relationship management and interpersonal skills
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Demonstrated ability to analyze and solve problems and to manage multiple tasks at once
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Flexible team player with ability to work independently
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Strong interest in alternative investments preferred
Compensation
Salary for this position is competitive.
About UsWe 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
Skills Required
- Bachelor's Degree
- 2-3 years experience working in project teams
- Excellent written and oral communication skills
- Excellent relationship management and interpersonal skills
- Demonstrated ability to analyze and solve problems and manage multiple tasks
- Flexible team player with ability to work independently
- Strong interest in alternative investments
JPMorganChase Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about JPMorganChase and has not been reviewed or approved by JPMorganChase.
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Healthcare Strength — Health coverage is considered comprehensive, including medical, dental, and vision, alongside wellness and mental health resources. Some locations add onsite health centers and related wellbeing support.
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Retirement Support — Retirement offerings include a 401(k)-type savings plan and related financial benefits, with options such as employee stock purchase participation. Financial planning resources are also highlighted to support long-term savings.
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Parental & Family Support — Paid parental leave of 16 weeks for birth or adoption is available for all parents. Child care and back-up child care resources further reinforce family support.
JPMorganChase Insights
What We Do
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products. Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com. ©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.
Why Work With Us
Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.
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