Asset Management - Multi Asset Solutions - Institutional Strategy & Analytics - Associate/ Vice Pres

Employer
J.P.Morgan
Location
New York, USA
Salary
Competitive
Posted
Nov 17, 2019
Closes
Dec 17, 2019
Ref
6690168
Job Function
Other
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
JPMorgan Chase & Co . is a leading global financialservices firm with assets of more than $2.7 trillion, over 240,000 employeesand operations in over 60 countries. It operates across four business segmentsincluding Asset & Wealth Management, Corporate and Investment Banking, CommercialBanking and Consumer and Community Banking .
J.P. Morgan Asset &Wealth Management , is a global leader in investment and wealth management. Itsclients include institutions, high-net-worth individuals and retail investorsin every major market throughout the world. The division offers investmentmanagement across all major asset classes including equities, fixed income,alternatives, multi-asset and money market funds. For individual investors, thebusiness also provides retirement products and services, brokerage and bankingservices including trusts and estates, loans, mortgages and deposits.
J.P. MorganAsset Management is a leading investment manager forinstitutions, financial intermediaries and individual investors, worldwide.With a heritage of more than two centuries, a broad range of core andalternative strategies, and investment professionals operating in every majorworld market, we offer investment experience and insight that few other firmscan match.
  • Clearfocus on managing client assets and delivering strong risk-adjusted returns
  • Morethan 950 investment professionals managing $1.5 trillion in assets coveringover 450 different strategies spanning the full spectrum of asset classes,including equity, fixed income, cash liquidity, currency, real estate, hedgefunds and private equity
  • Leadershippositions in America, U.K., Continental Europe, Asia, and Japan
The Institutional Strategy and Analyticsteam is a global group of professionals within asset management who havebackgrounds in asset allocation, pension liability driven investing (LDI), assetliability management (ALM), consulting, and actuarial science. The groupprovides asset allocation, capital management, risk management and otheradvisory services to institutional clients and prospects on a global basis. The Strategy and Analytics(S&A) team works closely with most investment teams across JP Morgan AssetManagement as well as with the Institutional salesforce. The S&A team is seeking a new strategist hire to join as an associateor vice president, depending on experience, in New York. The role is ideal for a candidate who hasstrong quantitative modeling skills and an interest in client focused work and substantialclient interaction. The strategist will work with pension funds,insurance companies and other institutional investors to help them make assetallocation decisions that achieve their specific objectives. Most of the work will be US focused but the role could havesome international components, especially if the candidate has relevantlanguage skills.
Responsibilities:
  • Completion of client advisory assignments - Analysis for clients,including initial scoping and interaction with clients, development of modelsto meet their needs, presentation of results, and incorporation ofrevisions/extensions as needed
  • Enhancement of modeling platforms and analytical capabilities - Adapt existing modelsto reflect complex client situations or developments in the industry, such as regulatory, tax, or accounting changes
  • Development of intellectual capital - Help produce highquality research/analysis in response to industry developments including thepotential impact of regulatory and accounting changes on asset allocationdecisions


Requirements:
  • Undergraduate degree in a quantitative/analytical field such ascomputer science, mathematics, physics, operations research, statistics, orengineering
  • Programming experience and familiarity with Matlab or the abilityto learn it quickly
  • Workingknowledge of probability, statistics, and linear algebra at the undergraduatelevel
  • Ability to formulate appropriate and tractable mathematical/statisticalmodels for our clients' investment/risk management needs, implement thesemodels using Matlab or other systems, and create output that is useful forpresenting results to clients
  • Excellent verbal communication skills
  • Between 3 and 10 years of work experience preferred
Thefollowing will enhance a candidate's application:
  • Background with linear and non-linear optimization as applied toportfolio optimization and capital management (including the formulation ofproblems, development of constraints, and use of software to solve theseproblems)
  • Ability to articulate complex investment strategies/processes in aclear and concise manner and comfort in interacting with clients duringmeetings and over the phone
  • Strong written communication skills and work experiencepreparing high quality presentation materials for clients
  • Knowledge of basic asset classes(e.g., corporate bonds, RMBS, private equity) and their risk/return and cashflow characteristics
  • Prior experience working with pensionfunds in an actuarial and/or investment capacity. Experience with pensionliability driven investing and hedge portfolio construction is a plus.
  • Knowledge of basic investment management concepts, such as CAPM,efficient frontiers, passive vs active management, VaR, etc
  • Knowledge of pension financialreporting and regulatory funding requirements
  • CFA and/or Actuarial certification (ASA,FSA, EA, CERA)
  • Business level proficiency in multiplelanguages

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