CLO Primary Desk - Structuring - Associate

JPMorganChase; New York (NY); On-site; USD 140,000 - 200,000; Full time

Job summary

JPMorganChase is seeking a highly motivated Associate on the CLO Primary structuring desk in New York. You will receive hands-on training in CLO analysis and modeling, working in a rigorous environment alongside senior team members to solve complex, multivariate problems.

You will collaborate across credit, leveraged loan trading, sales, and syndicate in a dynamic banking function within a leading markets business, contributing to analytics and marketing outputs for deals.

Qualifications

• Prior experience in CLOs, leveraged finance, structured credit, or a related credit markets role.
• Strong quantitative and analytical skills with advanced Excel; Python/VBA a plus.
• Ability to manage complexity under tight deadlines and juggle multiple priorities.
• Strong written and verbal communication; collaborate across functions.
• Familiarity with rating agency methodologies and CLO documentation.
• SIE, Series 7, Series 63 and Series 79 licenses are required.

Responsibilities

• Build, maintain, and run CLO cash flow models and analytics for marketing and execution.
• Learn rating agency criteria and support ratings process and deliverables.
• Analyze loan portfolios; distill risks and drivers to inform structuring decisions.
• Coordinate with counsel and stakeholders to ensure document updates align with modeling assumptions.
• Prepare investor marketing materials and update deal outputs as transactions evolve.
• Monitor timelines across syndicate, legal, and middle office through closing.
• Identify automation opportunities to improve efficiency and controls.

Skills

CLOs / leveraged finance

Quantitative analysis

Excel proficiency

Python / VBA

Attention to detail

Project management

Effective communication

Adaptability

Rating agency familiarity

Tools

Intex

Credit models

Job description

Job Description

The CLO Primary desk is seeking a self-motivated athlete to join the premier CLO arranging platform. As an Associate on the structuring team, you will work in an intellectually rigorous environment where you will receive hands-on training from senior team members in the analysis and modeling of CLOs. Our work is multifaceted and complex, requiring deep analytical skills, adaptability, and a drive to solve challenging problems.

Job Description

The CLO Primary desk is seeking a self-motivated athlete to join the premier CLO arranging platform. As an Associate on the structuring team, you will work in an intellectually rigorous environment where you will receive hands-on training from senior team members in the analysis and modeling of CLOs. Our work is multifaceted and complex, requiring deep analytical skills, adaptability, and a drive to solve challenging problems.

The CLO team is dedicated to fostering a collaborative and supportive culture, recognizing that our success is built on teamwork and open communication.

You will work closely with colleagues across credit, leveraged loan trading, sales, private credit financing and syndicate, operating as part of a dynamic banking function within a leading markets business.

We value diverse perspectives and encourage knowledge sharing, ensuring every team member's voice is heard and contributions are recognized.

Job Responsibilities

• Build, maintain, and run CLO cash flow models; produce transaction analytics and outputs used for marketing, execution, and internal review
• Develop in-depth familiarity with the rating agency models, Intex, and reconcile/tie out cash flows and outputs across platforms
• Analyze loan portfolios and distill key metrics, risks, and performance drivers to support structuring decisions
• Learn and apply rating agency criteria and methodology; support and help manage the ratings process and related deliverables
• Support documentation workflows by reviewing, tracking, and coordinating comments with counsel and internal stakeholders; verify document updates are implemented accurately
• Ensure consistency between deal documentation and modeling assumptions across rating agency and investor models
• Respond to investor analytics requests; clearly summarize results for senior deal leads and incorporate feedback into deliverables
• Prepare, quality control, and update investor marketing materials, pitch books, and deal outputs; ensure terms and materials are updated as transactions evolve
• Support transaction execution timelines and deliverables (including price-to-close process) and coordinate across syndicate, legal, and middle office/operations through closing
• Monitor warehouse / ramp status and collateral composition versus modeling assumptions; flag deviations and potential risks early
• Identify tasks suitable for automation and support process improvements to enhance team efficiency and controls
• Manage junior workflow on assigned workstreams and review analysts work product for accuracy and consistency

Required Qualifications, Capabilities, And Skills

• Prior experience in CLOs, leveraged finance, structured credit, or a closely related credit markets role
• Strong quantitative and analytical skills; advanced Excel required; Python/VBA a plus
• Strong attention to detail and ability to manage complexity and ambiguity under tight deadlines
• Strong organizational and project management skills; ability to manage multiple priorities in a high-pressure environment
• Strong written and verbal communication skills; ability to collaborate effectively across functions
• Intellectual curiosity and commitment to continuous learning and professional development
• Ability to thrive in a dynamic, challenging, and collaborative team setting
• Familiarity with rating agency methodologies and CLO documentation
• SIE, Series 7, Series 63 and Series 79 licenses are required

About Us

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. Additional details about total compensation and benefits will be provided during the hiring process.

• 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

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

About The Team

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.