Global Credit Trading & Syndicate - Primary CLO Structuring & Origination - Associate

Next Frontier Capital; Greater London; On-site; GBP 90,000 - 120,000; Full time

Job summary

J.P. Morgan is seeking an Associate or Vice President in Global Credit Trading & Syndicate in London.

You will support Primary CLO Structuring/Origination and CLO Syndicate as JPMorgan’s placement agent for Primary CLO transactions and participate in deal execution, including portfolio analysis, structuring, documentation, negotiation and marketing. Responsibilities include interacting with issuers, senior execution teams, syndicate, sales, legal, rating agencies and investors; developing CLO

Qualifications

• Experience in CLOs or structured finance/ABS.
• Proficiency with CLO market software: CDOEdge, Cashflow Evaluator, Intex Dealmaker.
• High proficiency in Microsoft Excel and PowerPoint.
• Strong analytical, quantitative, and written/oral communication skills.

Responsibilities

• Interact with CLO Issuers, Senior Execution team members, Syndicate, Sales, Legal Counsel, Rating Agencies and Investors.
• Participate in deal execution including portfolio analysis, capital structure tranching/rating, documentation, negotiation and marketing.
• Develop knowledge of analytic tools and models to size transactions for rating agencies.
• Model CLO transactions for the rating agencies, issuer and investor clients.
• Monitor and prepare materials updating senior bankers and marketers on market conditions.

Skills

Financial markets

CLOs/structured finance

CLO market software

Excel

PowerPoint

Analytical skills

Tools

CDOEdge

Cashflow Evaluator

Intex Dealmaker

Job description

As an Associate or Vice Presidnet in Global Credit Trading & Syndicate, you will provide support to Primary CLO Structuring/Origination & CLO Syndicate as JPMorgan’s role as a placement agent for Primary CLO transactions. You will get a chance to utilise your skills and expertise by participating in all aspects of deal execution including portfolio analysis, capital structure tranching /rating, documentation, negotiation and marketing. You will have the opportunity to leverage your skills and expertise by engaging in all facets of deal execution, including portfolio analysis, capital structure tranching/rating, documentation, negotiation, and marketing.

Job responsibilities:

• Interact with CLO Issuers, Senior Execution team members, Syndicate, Sales, Legal Counsel, Rating Agencies and Investors throughout all phases of the deal
• Participate in all aspects of deal execution including portfolio analysis, capital structure tranching /rating, documentation, negotiation and marketing
• Develop knowledge of analytic tools and models required to size transactions for the rating agencies;
• (Associates) modelling of CLO transactions for the rating agencies, issuer and investor clients in the various CLO modelling tools
• Monitor and prepare materials to update senior bankers and marketers with information on the current market, focusing on asset and liability yields, issuance levels, and structural features;
• Create marketing materials for CLO Issuer clients
• Participate in conference and investor marketing 'road show' meetings and scheduling
• Track and monitor the desk's P&L and reconcile with finance teams who support the desk
• Prepare materials for internal meetings and approvals
• Assist in the preparation/completion of investor requests
• Monitor warehouse exposure
• Liaise with Middle Office, Finance, and Technology teams

Required qualifications, capabilities, and skills:

• Extensive in financial markets
• You have previous experience in CLOs or structured finance/ABS
• You demonstrate high proficiency in CLO market software and technology (CDOEdge; Cashflow Evaluator; Intex Dealmaker)
• You have high proficiency in Microsoft Excel and Microsoft Power Point
• You demonstrate a combination of strong analytical, quantitative and written and oral communication skills

Preferred qualifications, capabilities, and skills

• You demonstrate VBA/programming skills

This role encompasses the performance of UK regulated activity. The successful candidate will therefore be subject to meeting UK regulatory requirements in the assessment of fitness, propriety, knowledge and competence (as assessed by the Firm) and (where appropriate) approval by the UK Financial Conduct Authority and/or the Prudential Regulation Authority to carry out such activities.

J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.

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.

J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world. Interact with CLO Issuers, Senior Execution team members, Syndicate, Sales, Legal Counsel, Rating Agencies and Investors throughout all phases of the deals.