Asset Management Portfolio Management Associate (Derivatives)
J.P. Morgan
The Asset Management Derivatives (AMD) Portfolio Management team manages derivatives-based investment mandates for both internal and external clients across the globe. Our investment strategies are organized around four pillars: enhanced income, downside hedging, principal protection, and liability management.
Job summary:
As an Portfolio Management Associate (Derivatives) within the Asset Management Derivatives team, you will be a valued team member assisting portfolio managers with the day-to-day implementation and analysis of various derivative-based portfolios. You will collaborate closely with portfolio managers, investment specialists, AMD product owners, and various support and operations groups.
Job responsibilities:
-Implement derivative-based investment strategies by monitoring cash flows, generating orders, coordinating trade execution with traders, and tracking portfolio drift vs targets.
-Work cross functionally to increase efficiencies, improve tools and processes, and work on strategic projects.
-Contribute to global portfolio management team discussions, strategy meetings, and team priorities.
-Provide research and analysis of portfolio holdings, key risk metrics, and new investment strategy ideas.
-Communicate investment performance, positioning, and investment views to internal and external stakeholders.
-Actively represent the team's philosophy and process to internal and external stakeholders.
Required qualifications, skills and capabilities:
-3+ years of industry experience with a focus on derivatives portfolio management, trading, investment strategy, or investment process support.
-Strong aptitude and enthusiasm for desktop technology and productivity tools, including Excel, VBA, Python, and other programming languages used in quantitative analysis and research.
-Proficiency in Bloomberg, PowerPoint, and Excel.
-Strong work ethic, detail oriented, eagerness to learn and take initiative within a global PM team.
-Demonstrated interest in markets and derivatives.
-Aptitude to identify and minimize investment, operational, and business risk; awareness of market, credit, and liquidity risk in derivatives.
-Bachelor’s degree in Business, Finance, Mathematics, Computer Science, Engineering, Economics, or a related field.
Preferred qualifications, skills and capabilities:
-Experience with portfolio management tools (Investor Tools, Perform, Bloomberg, Spectrum, Aladdin).
-Experience managing or working with Separately Managed Accounts (SMAs).
-Experience trading derivatives or managing derivatives-based strategies.
-Experience working with middle office, product management and technology.
-Post graduate degree or CFA designation.
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
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.
The Portfolio Management Derivative team is hiring a Portfolio Management Associate in New York, NY.