Asset Management – Tax-Smart Portfolio Manager - Associate

Testing Site - JPMC; New York (NY); On-site; USD 120,000 - 180,000; Full time

Job summary

Testing Site - JPMC is seeking a Tax-Smart Portfolio Manager – Associate within the Asset Management division. You will partner with research teams to build, implement and oversee tax managed investment strategies, focusing on SMA portfolios and tax optimization.

You will collaborate with technology and client teams to design scalable investment platforms, oversee performance attribution, and translate research into investable, systematic processes.

Qualifications

• 2-5 years of full-time relevant work experience.
• Strong data and analytical skills.
• Experience with portfolio optimizers and risk models.
• Detail oriented and process driven.
• Strong communication skills.
• Exposure to long-short investing, UMA.
• Experience with tax optimization.
• Familiarity with separately managed accounts.
• Progress towards MBA, CFA and/or equivalent.
• Python skills for analytics and process improvements.

Responsibilities

• Daily portfolio management tax-aware separately managed accounts (SMA) portfolios, with the dual mandate of tracking investment objectives while generating tax benefits for clients.
• Ongoing oversight of portfolio and strategy level performance and attribution
• Translating research into actionable and investable systematic investment processes and portfolios
• Partnering with technology, research, product and client teams to design, build and improve scalable investment platforms

Skills

Data analysis

Python

Portfolio optimization

Risk models

Communication

Long-short investing

UMA familiarity

Tax optimization

SMA familiarity

Attention to detail

Education

MBA in progress

CFA in progress

Equivalent

Tools

Python

Job description

The Tax-Smart team within Customized Managed Account Solutions is part of J.P. Morgan Asset Management (JPMAM) is a high growth team managing over $50B in AUM across active and passive tax-aware strategies, including long-short strategies, unified managed accounts (UMAs), active strategy tax-overlay, and passive direct-indexing. As a Tax-Smart Portfolio Manager – Associate, you will focus on partnering with research teams to build, implement and oversee tax managed investment strategies.

Your responsibilities will include:

• Daily portfolio management tax-aware separately managed accounts (SMA) portfolios, with the dual mandate of tracking investment objectives while generating tax benefits for clients.
• Ongoing oversight of portfolio and strategy level performance and attribution
• Translating research into actionable and investable systematic investment processes and portfolios
• Partnering with technology, research, product and client teams to design, build and improve scalable investment platforms

Required qualifications, capabilities and skills:

• 2-5 years of full-time relevant work experience
• Strong data and analytical skills
• Experience with portfolio optimizers and risk models
• Detail oriented and process driven
• Strong communication skills
• Exposure to long-short Investing, UMA
• Experience with tax optimization
• Familiarity with separately managed accounts
• Progress towards MBA, CFA and/or equivalent
• Python skills for analytics and process improvements

Preferred qualifications, capabilities and skills:

• Exposure to long-short Investing, UMA
• Experience with tax optimization
• Familiarity with separately managed accounts
• Progress towards MBA, CFA and/or equivalent
• Python skills for analytics and process improvements