Job Description
J.P. Morgan Asset Management is the world's third-largest alternatives manager, with a 40-year history of delivering innovative alternative solutions across market cycles. Our alternative investment engines are managed by highly specialized independent teams, backed by the global reach, vast resources and robust governance of J.P. Morgan Asset Management. Our alternative strategies are designed to achieve specific client outcomes and built to deliver uncorrelated returns to traditional asset classes. Customized alternative portfolios can be tailored to individual client needs. We offer strategies across the alternative investment spectrum, including real estate, private equity and credit, infrastructure, transportation, liquid alternatives and hedge funds.
Job Summary:
As an Asset Management - Relative Value/Macro Hedge Fund Analyst- Vice President within J.P. Morgan Asset Management, you will be responsible for applying your quantitative and qualitative skills, experience, and informed judgment to enhance the performance of our client hedge fund portfolios. You will work within the manager research group on all aspects of manager sourcing, due diligence, and analysis of third party relative value and macro hedge funds. You will collaborate with a team of analysts in their ongoing selection of hedge funds for various multi-manager portfolios as well as in their due-diligence relating to the existing suite of third party funds. In this role, you will be responsible for a significant amount of formal written analysis and project management.
Job Responsibilities
- Source and perform quantitative and qualitative investment due diligence on prospective Relative Value/Macro hedge fund investments and strategies
- Analyze portfolio fit for new investments
- Make recommendations to JPMorgan Alternative Asset Management's Investment Committee and portfolio managers regarding the use of hedge fund managers and strategies in client portfolios
- Perform ongoing due diligence on approved hedge fund managers - analyzing returns, attributions, sources of risk and return, etc.
- Perform ad hoc analysis in support of the Relative Value/Macro team
- Help to design and implement tools that improve team efficiency
Required qualifications, capabilities and skills
- The ideal candidate will be a self-starter with a minimum of 5+ years of experience in the investment management industry.
- Significant experience coding in Python and using Microsoft Excel for numerical analysis
Preferred qualifications, capabilities and skills
- A passion for global financial markets and a demonstrated comprehension of alternative investments.
- The analyst must be able to work independently, will have exceptional communications skills (both written and verbal), and will be well-versed in financial concepts.
- Direct trading experience is a strong plus, although not required; at a minimum the candidate will possess a thorough understanding of derivatives and the structure of financial markets.
- A natural curiosity, attention to detail, ability to multi-task, and an extremely strong work ethic are essential requirements for success in this position.
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.
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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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