Alternatives Fund Structuring, Associate

Next Frontier Capital; New York (NY); On-site; USD 90,000 - 150,000; Full time

Job summary

JPMorgan Chase & Co.'s Alternative Investments Group in NYC seeks an Alternatives Fund Structuring Associate to support senior deal captains in transaction management and oversee designated projects. The Associate has regular interaction with senior executives within J.P.

Morgan Private Bank as well as with fund management teams/principals and external service providers. The role involves mid-stream transaction execution from due diligence to fund launch, analysis of investment strategy, and

Qualifications

• Bachelor’s Degree.
• 2-3 years experience working in project teams.
• Excellent written and oral communication skills.
• Excellent relationship management and interpersonal skills.
• Demonstrated ability to analyze and solve problems and to manage multiple tasks at once.
• Flexible team player with ability to work independently.
• Strong interest in alternative investments preferred.

Responsibilities

• Mid-stream transaction execution from late due diligence to fund launch.
• Analyze investment strategy, competitor funds and market positioning as required.
• Collaborate with legal, tax and product teams on offering materials.
• Develop marketing materials presenting key points and investment considerations.
• Sign-off on subscription documents and train marketing force on execution.
• Review and communicate non-standard issues to global middle office prior to launch.
• Educate AIG Investment Specialist Team on transactions for regional queries.
• Coordinate ongoing relationship management with fund managers and service partners.
• Assist due diligence in monitoring investments post-placement.
• Support deal pipeline decisions and manage offering calendars and closings.

Skills

Communication skills

Problem solving

Teamwork

Interpersonal skills

Multi-tasking

Independent work

Education

Bachelor’s Degree

Job description

About the Alternative Investments Group

Within J.P. Morgan’s Private Bank, the Alternative Investments Group ("AIG") is a global team of experienced professionals based in New York, Hong Kong, London and Geneva whose goal is to identify and bring to J.P. Morgan’s private bank and wealth management clients a diverse array of attractive alternative investment opportunities. With over $100 billion of client capital invested across hedge funds, private equity and real estate opportunities, the AIG team brings a unique perspective to sourcing and offering alternative investment opportunities to J.P. Morgan’s private banking and wealth management clients. The AIG team uses a "best-of-breed" approach to source opportunities across its broad platform. A disciplined selection process enables the group to offer wealth management clients top quality investment opportunities from both within the firm and from outside of the firm through third-party managers. Close attention is paid to tax issues relevant to both U.S. and non-U.S. investors, and where possible the team seeks to leverage J.P. Morgan's expertise in generational planning in an effort to create tax-efficient investment vehicles for wealth management clients globally.

Position Summary

The Alternatives Fund Structuring Associate assumes a pivotal role on the deal team, supporting the senior deal captain in transaction management and overseeing designated projects. The Associate has regular interaction with senior executives within J.P. Morgan Private Bank as well as with fund management teams/principals and external service providers. The Associate will also have exposure to private bank and wealth management clients.

Responsibilities

• Responsible for mid-stream transaction execution from late due diligence to fund launch.




• Utilize appropriate firm and industry resources to complete analysis of investment strategy, competitor funds and market positioning, as required.




• Work with the Solutions Product Development Team, internal/external legal counsel and tax colleagues to analyze and comment on offering materials, including the private placement memorandum, subscription documents and partnership agreements.




• Develop marketing materials including a flipbook presentation, executive summary and cover letters that present a clear, concise message that highlights the key marketing points and investment considerations to wealth management clients.




• Responsible for sign-off on subscription documents and working with internal/external legal counterparts to train marketing force regarding execution of documents.




• Review, identify and communicate any non-standard structural and operational issues to global middle office teams prior to launch of investment.




• Educate and advise AIG Investment Specialist Team on each transaction to ensure that they are equipped to answer questions from regional teams regarding the investment opportunity.




• Coordinate ongoing relationship management with fund management teams, private bank marketers and internal and external service partners (e.g., middle office, fund administration and external counsel).




• Assist AIG due diligence team in monitoring investments post-placement including participating in quarterly update calls/meetings with issuers as required.




• Participate in strategic decisions related to AIG deal pipeline and organize offering calendar and all aspects of a transaction including: overseeing production and distribution of all offering/closing documents, legal documentation sign-off, and ensuring successful final closing, including funding, often under strict deadlines.




• Actively assist in addressing ad hoc issues (e.g. limited partner amendments, defaults, performance
  and regulatory issues).




• Monitor and report on fundraising process to senior management.




• Informally supervise and provide guidance to junior Analyst colleagues.

Qualifications

• Bachelor’s Degree




• 2-3 years experience working in project teams




• Excellent written and oral communication skills




• Excellent relationship management and interpersonal skills




• Demonstrated ability to analyze and solve problems and to manage multiple tasks at once




• Flexible team player with ability to work independently




• Strong interest in alternative investments preferred

Compensation

Salary for this position is competitive.

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.

Join the Alternative Investments Group in NYC!