Investment Banking - Liability Management – Analyst

JPMorgan Chase & Co.; New York (NY); On-site; USD 90,000 - 130,000; Full time

Job summary

JPMorgan Chase & Co. in New York is seeking an Analyst for the Liability Management team. You will assist with creating pitch materials, monitor opportunities, and drive processes for origination, structuring, and execution of liability management transactions.

You will interact with issuers and internal teams, review bond indentures, build debt models, and develop knowledge of tools used by issuers, while working in a high‑pressure, fast‑paced environment.

Qualifications

• 0-2 years of capital markets or investment banking experience
• Strong financial modeling, finance, quantitative and business writing skills
• A well-rounded academic background from a top tier educational institution
• Impeccable communication skills with ability to effectively interact with senior professionals, clients and key stakeholders in other lines of business
• Comfortable working in a high-pressure environment, with superior organizational skills and ability to multi-task across various deliverables
• Experience with debt products / bond math is a plus

Responsibilities

• Assist with creating pitch materials
• Monitor liability management opportunities for clients
• Drive processes for origination, structuring and execution of liability management transactions
• Interact with multiple parts of the bank and external parties (issuers, counsels, agents)
• Review and analyze bond indentures and legal documentation
• Build debt liability management models and maintain databases
• Develop knowledge of factors driving corporate finance decisions
• Develop knowledge of liability management tools available to issuers
• Analysts interact with MDs, EDs, VPs and Associates in a flat team structure

Skills

Financial modeling

Finance

Quantitative skills

Business writing

Impeccable communication

Organizational skills

Multi-tasking

Debt products knowledge

Education

Top-tier university degree

Job description

About J.P. Morgan’s Corporate & Investment Bank

J.P.Morgan’s Corporate & Investment Bank (CIB) is a global leader across banking, markets and investor services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. Wedeliver strategic advice and solutions forcapital raising, risk management and liquidityacross global markets.

J.P. Morgan is the global leader in Liability Management. Sitting within Debt Capital Markets, the Liability Management team is responsible for originating, structuring and executing transactions which enable issuers to restructure, or retire, debt obligations as business strategies, objectives and market conditions evolve.The team advises both corporate and financial sponsor clients across the ratings spectrum on their debt capital structure in the context of M&A, leveraged buyouts, refinancings, debt load management, covenant amendments, stressed/distressed situations and balance sheet optimization. The team executes these strategies via tender offers, exchange offers, consent solicitations and debt buybacks. Additionally, we partner with various teams across the investment bank, including capital markets, corporate finance, sales and trading and M&A to provide clients with comprehensive solutions.

This role is for an Analyst in the Liability Management team.

Overview of responsibilities:

• Assist with creating pitch materials

• Monitor liability management opportunities for clients

• Drive processes relating to the origination, structuring and execution of liability management transactions

• Interact with multiple parts of the bank, as well as external parties such as issuers (C-suite and Treasury teams), counsels and third-party agents

• Review and analyze bond indentures and legal documentation associated with liability management transactions

• Build quantitative debt liability management models and maintain key materials such as databases

• Develop a deep understanding of factors (NPV, break-even, maturity profile management, covenant impact, accounting and tax impact, credit rating impact, bondholder composition, etc.) driving corporate finance decision-making

• Develop specific knowledge of the various liability management tools available to issuers

• 0-2 years of capital markets, or investment banking or related experience

• Strong financial modeling, finance, quantitative and business writing skills

• A well-rounded academic background from a top tier educational institution

• Impeccable communication skills with ability to effectively interact with senior professionals, clients and key stakeholders in other lines of business

• Comfortable working in a high-pressure environment, possessing superior organizational skills and ability to efficiently multi-task across various deliverables

• Experience with debt products / bond math is a plus

Analysts function as fully integrated team members, in a flat structure that allows for direct client interaction and working directly with MDs, EDs, VPs, and Associates.

Qualifications:

• 0-2 years of capital markets, or investment banking or related experience

• Strong financial modeling, finance, quantitative and business writing skills

• A well-rounded academic background from a top tier educational institution

• Impeccable communication skills with ability to effectively interact with senior professionals, clients and key stakeholders in other lines of business

• Comfortable working in a high-pressure environment, possessing superior organizational skills and ability to efficiently multi-task across various deliverables

• Experience with debt products / bond math is a plus