ECM Convertibles Associate: Origination & Execution

JP Morgan Chase; City of Rochester (NY); On-site; USD 150,000 - 210,000; Full time

Job summary

JP Morgan Chase seeks an Associate in its Equity Capital Markets Convertibles team to originate financing ideas, structure and execute convertible bonds and related equity-linked transactions for issuer clients, working closely with senior bankers.

You will coordinate across coverage, syndicate, sales and trading, equity derivatives and risk management to develop client solutions and ensure rigorous execution, while reviewing Analysts’ work and delivering precise analysis to clients.

Qualifications

• Bachelor's degree in Accounting, Economics, Engineering, Finance, Math, Statistics, or related field.
• Minimum 3 years of front-office investment banking or capital markets experience.
• Strong accounting, finance, quantitative and business writing skills, with demonstrated financial modelling, valuation and pricing capabilities and proficiency in Excel and PowerPoint.
• Strong understanding of convertible bonds, equity-linked instruments and relevant equity derivatives, including transaction structuring, pricing, accounting and the execution process.
• Excellent written and verbal communication skills, with the ability to present analyses and effectively interact with corporate clients, senior bankers and transaction advisers.
• Ability to manage multiple transaction workstreams and competing priorities in a fast-paced, collaborative team environment, with strong attention to detail and sound judgment.
• Self-directed, highly motivated and able to take ownership of day-to-day execution, work independently and deliver accurate analysis under tight deadlines.
• Demonstrated ability to review junior team members’ work, provide constructive guidance and maintain high-quality deliverables.

Responsibilities

• Originate, structure and execute convertible bonds, mandatory convertibles, and related equity-linked financing transactions for issuer clients, working closely with senior bankers.
• Identify potential issuer opportunities and financing needs, and develop tailored pitches, RFP responses and financing recommendations for client discussions.
• Partner with industry coverage, syndicate, sales and trading, equity derivatives, debt capital markets, legal, compliance and risk management to develop client solutions and execute transactions.
• Monitor convertible market conditions, investor demand and transaction activity, and translate market intelligence into actionable financing ideas for clients.
• Develop and review financial models, pricing and valuation analysis, accretion / dilution assessments, precedent transactions and investor-targeting analysis for convertible and equity-linked issuances.
• Manage preparation of client and investor presentations and internal committee memoranda, and coordinate due diligence, transaction documentation and legal and accounting workstreams with clients and external advisers.
• Coordinate transaction timetables and day-to-day execution, including launch and pricing preparation
• Review Analysts’ presentation materials, provide coaching and feedback, and maintain high standards of analytical accuracy and execution quality.

Skills

Financial modelling

Valuation

Pricing capabilities

Excel

PowerPoint

Business writing

Analytical thinking

Communication

Multi-tasking

Leadership

Education

Bachelor's degree in Accounting, Economics, Engineering, Finance, Math, Statistics, or related field

Tools

Excel

PowerPoint

Job description

JP Morgan Chase seeks an Associate in its Equity Capital Markets Convertibles team to originate financing ideas, structure and execute convertible bonds and related equity-linked transactions for issuer clients, working closely with senior bankers.

You will coordinate across coverage, syndicate, sales and trading, equity derivatives and risk management to develop client solutions and ensure rigorous execution, while reviewing Analysts’ work and delivering precise analysis to clients.