Global Alternatives – Acquisitions Associate – Global Transportation Group (London)

J.P. Morgan; London; On-site; GBP 70,000 - 110,000; Full time

Job summary

A leading global financial institution is seeking an Associate for its Investment Team in London. The role involves executing M&A strategies within the transportation sector, requiring strong analytical skills and a collaborative approach. Ideal candidates will have a background in banking and legal expertise, with a passion for driving value through acquisitions.

Qualifications

• 3+ years of banking experience in M&A or Transportation.
• Legal background preferred.
• Demonstrated track record of M&A deal execution.

Responsibilities

• Develop and manage M&A processes for corporate acquisitions.
• Guide junior team members on strategies that drive value.
• Conduct due diligence and manage documentation for M&A.

Skills

Analytical skills

Communication

Time management

Organizational skills

Education

Graduate degree in Business or Law

Tools

Excel

PowerPoint

Word

Job description

J.P. Morgan is a global leader in asset and wealth management services. The Asset & Wealth Management line of business serves institutional, ultra-high net worth, high net worth and individual clients through its Asset Management and Wealth Management businesses. With client assets of $5.0 trillion and assets under management of $3.6 trillion, we are one of the largest asset and wealth managers in the world. (Assets as of March 31st, 2024.) Throughout its long and distinguished history, Asset & Wealth Management has been steadfastly committed to putting its clients' interests first. This fiduciary responsibility defines our relationship with clients and informs every decision we make on their behalf. The Asset & Wealth Management business is also guided by its strategic objective and business priorities .

Role Summary:

J.P. Morgan Global Alternatives is the alternative investment arm of J.P. Morgan Asset Management. With$216billion in assets under management and 330+investment professionals, we offer strategies across the alternative investment spectrum, including real estate, private equity and credit, infrastructure, transportation, timber,liquid alternatives, and hedge funds.

A vacancy has arisen for an Associate on the Investment Team of the Global Transportation Group within Global Alts, in London. The position will play an important role in GTG’s investment strategy, developing the identification and execution of corporate mergers and acquisitions (“M&A”). A track record in corporate M&A is required for this role, and a suitable candidate will have command over the full M&A process as well as the legal documents that underpin corporate acquisitions (for example, shareholder agreements, definitive agreements of various forms, letters of intent, joint venture agreements). He or she will also be expected to guide more junior team members on strategies that drive value through the acquisition process (such as due diligence, merger models, projection and synergies analysis, negotiations, key management retention or change management strategies, structuring, and financing). A candidate with more than three (3) years of banking experience within a top tier / bulge bracket bank in the M&A or Transportation Industry coverage team is strongly preferred. M&A banking or private equity experience coupled with a business or legal degree is ideal.

Excellent communication (written and verbal), analytical, financial, time management and organizational skills are required. As a senior member of the investment team, the ability to guide and develop junior team members is critical. An interest in and experience transacting within the transportation sectors (maritime, energy logistics, aviation, railcar, container leasing, vehicle fleets, etc.) is strongly preferred.

Job Responsibilities:

• Pipeline development – work with GTG senior management to analyze and identify potential acquisition targets, suitable to the Fund’s investment mandate.
• Valuation and pricing – work to build analytical models that value potential acquisitions, within the context of GTG’s investment returns requirements. Construct comprehensive valuation models that estimate the impact of synergies (if a merger) or identify opportunities to enhance value through internal change processes. Select and employ appropriate valuation techniques that are suitable to the target company’s business. Compare valuation to outside opinions where relevant.
• M&A process management – when suitable opportunities are identified, work with external advisors to develop a context-dependent approach (given the structure of the process and number of competitors: e.g broad auction versus negotiated sales).
• Due diligence – guide internal and external resources on a comprehensive, structured review of target company’s contracts, agreements, financials, tax position, customers, IP, IT, HR, regulatory and environmental compliance, shareholding structures, and any other relevant factors that would impact a final offer price.
• Documentation - Including letters of intent, preliminary non-binding indications of interest, definitive agreements, representations and warranties and closing conditions among other M&A process documents.
• Negotiation – position final bid, structure, representations and warranties and closing conditions to the benefit of the Fund.
• Communication - keep senior members of GTG investment team as well as the Investment Committee appraised of deal status, secure buy-in to new transaction opportunities, present to prospective and current Fund investors, when needed.

Required qualifications, capabilities and skills:

• Experience within a top tier / bulge bracket investment bank in either the M&A group, or Transportation Coverage team
• A legal background and/or degree would be preferred, in addition to banking experience
• Demonstrated track record of M&A deal execution and process management
• A highly collaborative and team-oriented individual with exceptional written and verbal communication skills
• Advanced working knowledge of Word, Excel and PowerPoint
• Highly organized, detail-oriented and self-motivated with a strong work ethic

Preferred qualifications, capabilities and skills:

• Comfortable working in a fast-paced environment across multiple time zones
• Strong, multi-tasking, time management and problem solving skills
• Masters / graduate degree in Business or Law preferred
• Previous experience working with transportation sectors preferred
• Series 7 and Series 63 license holder is ideal but not required