Treasury & the Chief Investment Office - CLO Portfolio Manager - Executive Director - JPMorgan Chase
New York, NY
About the Job
Treasury and Chief Investment Office (TCIO) at JPMorgan Chase & Co. is responsible for firmwide asset and liability management (ALM) for one of the world's largest global financial institutions with more than $3.7tn in assets and liabilities. As part of the ALM mandate, TCIO oversees a ~$500bn+ global investment securities portfolio, which is deployed across a broad range of fixed income product types across rates, MBS and Credit. The Credit portfolio is responsible for investing in high-quality credit investments primarily across Munis and Structured Products (ABS, CLO, CMBS, RMBS).
As a senior portfolio manager in the CIO Credit Portfolio, you will manage the US CLO portfolio. You will be a sector specialist leading the investment process and surveillance of the US CLO portfolio.
Job Responsibilities:
+ Formulate and manage sector investment strategy including relative value across sectors
+ Be responsible for day-to-day trading, credit and relative value analysis of potential new investments and surveillance of existing bond portfolio
+ Interpret and negotiate deal documents in line with best practices in the market
+ Spearhead all aspects of surveillance, analytics and valuation of the US CLO portfolio
+ Build and maintain strong relationships with the CLO community across issuers, dealers, traders and other market participants
+ Present updates on CLO market and portfolio strategy/risks to colleagues and senior management
+ Work with other internal functions (Finance, Risk, Middle Office, etc.) on initiatives related to the portfolio
+ Demonstrate the highest standards of business leadership, ethics, intellectual curiosity, and collaboration
+ Develop investment talent and prioritize mentorship of junior team members
Required qualifications, capabilities, and skills:
+ 10+ years of experience in structured products with 7+ years of direct experience in the CLO sector,
+ Strong quantitative and analytical skills, along with an ability to collaborate well with colleagues in a team environment
+ Understanding of core fixed income concepts along with a demonstrated track record of outperformance
+ Strong communication skills (verbal and written) with an ability to present investment thesis and risks in a succinct and cogent manner to senior leaders
+ Committed to investment excellence, with strong attention to detail, and a collaborative attitude
+ Address ad-hoc requests from senior management with agility and efficiency
+ Maintain the highest possible fiduciary standards
+ Understanding of bank portfolio accounting
+ Proficiency with Bloomberg, Excel/VBA, PowerPoint
+ Python encouraged
Preferred qualifications, capabilities, and skills:
+ Buy-side experience as a CLO Portfolio Manager
JPMorgan Chase & Co., 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. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and 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 is an Equal Opportunity Employer, including Disability/Veterans
Base Pay/Salary
New York,NY $175,800.00 - $350,000.00 / year
As a senior portfolio manager in the CIO Credit Portfolio, you will manage the US CLO portfolio. You will be a sector specialist leading the investment process and surveillance of the US CLO portfolio.
Job Responsibilities:
+ Formulate and manage sector investment strategy including relative value across sectors
+ Be responsible for day-to-day trading, credit and relative value analysis of potential new investments and surveillance of existing bond portfolio
+ Interpret and negotiate deal documents in line with best practices in the market
+ Spearhead all aspects of surveillance, analytics and valuation of the US CLO portfolio
+ Build and maintain strong relationships with the CLO community across issuers, dealers, traders and other market participants
+ Present updates on CLO market and portfolio strategy/risks to colleagues and senior management
+ Work with other internal functions (Finance, Risk, Middle Office, etc.) on initiatives related to the portfolio
+ Demonstrate the highest standards of business leadership, ethics, intellectual curiosity, and collaboration
+ Develop investment talent and prioritize mentorship of junior team members
Required qualifications, capabilities, and skills:
+ 10+ years of experience in structured products with 7+ years of direct experience in the CLO sector,
+ Strong quantitative and analytical skills, along with an ability to collaborate well with colleagues in a team environment
+ Understanding of core fixed income concepts along with a demonstrated track record of outperformance
+ Strong communication skills (verbal and written) with an ability to present investment thesis and risks in a succinct and cogent manner to senior leaders
+ Committed to investment excellence, with strong attention to detail, and a collaborative attitude
+ Address ad-hoc requests from senior management with agility and efficiency
+ Maintain the highest possible fiduciary standards
+ Understanding of bank portfolio accounting
+ Proficiency with Bloomberg, Excel/VBA, PowerPoint
+ Python encouraged
Preferred qualifications, capabilities, and skills:
+ Buy-side experience as a CLO Portfolio Manager
JPMorgan Chase & Co., 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. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and 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 is an Equal Opportunity Employer, including Disability/Veterans
Base Pay/Salary
New York,NY $175,800.00 - $350,000.00 / year
Source : JPMorgan Chase