Asset Management, Securitized Private Credit Analyst - Associate/Vice President

J.P. Morgan; New York (NY); On-site; USD 120,000 - 180,000; Full time

Benefits offered by this job

Health care coverage

On-site wellness centers

Retirement savings plan

Backup childcare

Tuition reimbursement

Mental health support

Financial coaching

Job summary

JPMorgan Chase Investment Management in New York/Columbus is seeking a Securitized Private Credit Analyst for its Global Fixed Income team. The role supports the Global Securitized Credit group responsible for Asset-Backed Securities, CLOs, CMBS, Non-Agency RMBS, and Asset-Backed Commercial Paper across strategies.

The analyst will help manage relationships with JPMorgan, issuers and bankers, work with Portfolio Managers and the Investment Committee on underwriting and credit decisions, draft

Qualifications

• 3-5+ years of experience in origination, credit, and/or capital markets.
• Strong understanding of ABF credit terminology and markets.
• Experience with credit documentation and covenant analysis.

Responsibilities

• Help manage and build relationships within JPMorgan, issuers, investment bankers, legal and other third party partners.
• Work closely with Portfolio Managers and Investment Committee to understand portfolio positioning, investment philosophy, process, credit culture and portfolio construction, and use that understanding to work on and facilitate transaction pipeline.
• Be a key member of investment teams, providing market and borrower insights to the investment process, helping drive the timeline and provide feedback along the way.
• Participate in the underwriting, structuring, negotiation, pricing and closing of private ABF transactions.
• Draft credit memorandums and construct credit models for new transactions.
• Monitor and produce surveillance reports on the performance of existing transactions in the portfolio.
• Analyze collateral performance data and corporate financial statements as part of transaction analysis.

Skills

Credit analysis

Origination

Capital markets

Excel

PowerPoint

ABF knowledge

Communication

Tools

Intex

Trepp

Job description

JP Morgan Investment Management has an immediate need for a Securitized Private Credit Analyst in its Global Fixed Income, Currency, and Commodities Group. The position is part of the firm’s Global Securitized Credit team, which collectively manages the firm's investments in Asset-Backed Securities, Collateralized Loan Obligations, Commercial Mortgage-Backed Securities, Non-Agency Residential Mortgage-Backed Securities, and Asset-Backed Commercial Paper across several strategies.

This person will help manage internal and external relationships involved in the investment and underwriting process including identifying investment opportunities across the Securitized Credit/Asset Based Finance space, across all securitized credit sectors. This person will be a key member of the investment team, working closely with the Private Credit Portfolio Managers and the Investment Committee on underwriting, due diligence and making relative value investment decisions. This person will work with team members across functions, including investment research, portfolio management, investment specialists and sales professionals; and will work across the firm to further develop and nurture relationships.

Job Responsibilities

• Help manage and build relationships within and across JPMorgan, issuers, investment bankers, legal and other third party partners
• Work closely with Portfolio Managers and Investment Committee to understand portfolio positioning, investment philosophy, process, credit culture and portfolio construction, and use that understanding to work on and facilitate transaction pipeline
• Be a key member of investment teams, providing market and borrower insights to the investment process, helping drive the timeline and provide feedback along the way
• Participate in the underwriting, structuring, negotiation, pricing and closing of private ABF transactions
  • 3-5+ years of experience in an origination, credit, and/or capital markets role

• Draft credit memorandums and construct credit models for new transactions

• Monitor and produce surveillance reports on the performance of existing transactions in the portfolio

• Analyze collateral performance data and corporate financial statements as part of transaction analysis

Preferred Qualifications, Capabilities and Skills

• Prior experience in buy-side credit investing strongly preferred; or prior experience in investment banking
• Strong understanding of ABF credit and legal terminology, markets, underwriting corporate/securitized credit, including experience in credit and legal documentation and covenant analysis
• Strong communication and organizational skills
• Strong Excel and PowerPoint skills; experience with coding as well as knowledge of Intex and/or Trepp a plus
• Demonstrated team player, with experience working across functions
• Preferred location either Columbus or New York; willingness to travel is important from either location

JPMorganChase, 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. 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 Global Securitized Credit team as a Credit Analyst in Columbus or New York