AWM- PMG, Associate/ VP

Aumni; Newark (DE); On-site; USD 120,000 - 180,000; Full time

Benefits offered by this job

comprehensive health care coverage

on-site health and wellness centers

retirement savings plan

backup childcare

tuition reimbursement

mental health support

financial coaching and more

Job summary

JPMorgan Chase & Co. is seeking a Portfolio Management professional to implement portfolio construction per Strategy Team guidance and manage a range of investment solutions across discretionary client portfolios.

You will monitor client activity, trade execution, and ensure alignment with risk and strategy across private banking accounts. You will collaborate with internal teams and leverage a broad set of investment vehicles while focusing on accuracy, timely execution, and client service.

Qualifications

• Bachelor's degree in finance or related discipline with GPA 3.3/4.0 or higher.
• CFA or progress toward CFA designation preferred.
• 3–7 years in financial services, Private Wealth Management preferred.

Responsibilities

• Implement portfolio construction based on Strategy team's calls and vehicle selection.
• Maintain knowledge of investment solutions (mutual funds, ETFs, structured notes, hedge funds, SMAs).
• Understand each account's requirements and sensitivities.
• Review and trade portfolios, manage orders, execute trades across managed accounts.
• Monitor client activity and cash/securities movements; liquidate accounts when needed.
• Implement timely strategic and tactical shifts as directed by Portfolio Construction.
• Monitor accounts for model drift and strategy deviation.
• Engage with internal clients and partners to support business initiatives.

Skills

Finance degree

CFA candidate

3–7 years experience

Investments knowledge

Relationship building

Risk framework experience

Education

Bachelor's degree in finance

Job description

Description

The Portfolio Management Group (PMG) is the implementation engine for Private Banking's discretionary investment business, providing leverage for investment advisors and other front office partners as they pursue the Firm's growth initiatives. PMG is responsible for implementing the investment strategy and portfolio construction as dictated by the Private Banking Strategy team. PMG rebalances and manages risk in accounts across our investment management and trust portfolios.

Job Responsibilities :

• Implementation of portfolio construction based on Strategy team's calls and investment vehicle selection
• Maintain knowledge of the investment solutions utilized throughout Private Banking, including, mutual funds, exchange traded funds, structured notes, hedge funds, and separately managed accounts
• Maintain knowledge of each account's unique requirements and sensitivities
• Review and trade portfolios, manage orders and execute trades across managed account business including the following:
• Monitoring client activity such as: new account initial investing and phase in's, monitoring cash and security activity, and liquidating accounts
• Timely implementation of strategic and tactical shifts when announced by Portfolio Construction
• Monitoring accounts for model drift and strategy deviation
• Relationship management with internal clients (client facing teams) and work with various internal partners to complete business initiatives

Required Qualifications, Skills and Capabilities:

• Bachelor's degree in a finance - related discipline with a minimum 3.3/4.0 GPA. CFA or progress toward attaining CFA designation preferred, but not required
• 3-7 years work experience in financial services industry with Private Wealth Management experience preferred
• Demonstrated solid understanding of investments with keen interest in broadening knowledge of portfolio management
• Demonstrated track record of building relationships with internal and external partners
• Prior experience operating within a risk framework

We also offer a range of benefits and programs to meet employee needs, based on eligibility. 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.

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. The Portfolio Management Group (PMG) is the implementation engine for Private Banking's discretionary investment business, providing leverage for investment advisors and other front office partners as they pursue the Firm's growth initiatives.