Wealth Management Investment Solutions, Portfolio Management Group - Trade Implementation Associate (Mumbai, India)
About J.P. Morgan
JPMorgan Chase & Co. is a leading global financial services firm with assets of more than $2 trillion, over 200,000 employees and operations in over 60 countries. It operates across six business segments including Investment Banking, Commercial Banking, Treasury & Securities Services, Asset & Wealth Management, Retail Financial Services and Card Services.
About Wealth Management
The Wealth Management division of JPMorgan Chase & Co. is part of the Asset & Wealth Management business segment. It has offered for over 160 years customized solutions and client service of the highest quality to solve the complex needs of wealthy individuals and their families around the world. With assets under management of $1.25 trillion, it is one of the largest asset and wealth managers in the world.
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The Team
The Portfolio Management Group (PMG) is the implementation engine for the Private Bank's discretionary investment business, providing leverage for investment advisors and other internal partners in order to pursue the Firm's growth initiatives.
As a Wealth anagement Investment Analyst, you will work within the PMG team and be responsible for implementing the investment strategy and portfolio construction as dictated by the Private Banking Strategy team and dedicated asset class specialists.
Within PMG, National Trust is a team responsible for implementing JPMorgan's high conviction ideas across discretionary accounts requiring more high-touch, customized solutions; collaborating with integrated teams to provide sophisticated clients with advice surrounding complex trust structures, significant tax issues, and single stock concentrations.
Job Responsibilities:
The successful candidate will have the following responsibilities:
- Under the supervision of a Senior Portfolio Manager, execute tactical and re-balancing trades in accounts and respond to any additional requests for needed investment activity. Assist Senior Portfolio Managers with Investment Management trading as needed.
- Under the supervision of a Senior Portfolio Manager, the incumbent will act as a resource for investment communication with trust clients, particularly co-trustees who share investment responsibility with the Bank
- Create trade proposals for Shared Authority accounts to execute on current tactical themes or address open risk items for assigned accounts
- Monitor accounts to ensure alignment with CIO's tactical guidance and address investment risks; including concentrated positions, asset allocation variances, excess cash levels, and account specific restrictions
- Conduct investment reviews to validate client investment objectives and ensure compliance with the investment mandate and risk guidelines
- Work with various internal partners to complete numerous business initiatives
- Maintain knowledge of each account's unique requirements and sensitivities
- Relationship management with internal clients across all of the above
- Deliver critical and time sensitive processes with high level of accuracy within agreed timelines
Required qualifications, capabilities, and skills:
- An MBA or post-graduate degree in Finance or related area. Progress towards a CFA is a plus
- Minimum 5 plus years work experience in Financial Services or Middle Office or Portfolio Management / Analytics
- Strong interest in financial markets and understanding of investment products
- Detail and goal oriented, process focused
- Hard working, ability to operate in a fast-moving, demanding and team oriented environment
- Strong aptitude to identify and minimize investment / business and process risk
- Attention to detail, excellent written and verbal communication
- Strong Microsoft Excel skills, ability to automate and improve processes using scripting languages (Python,R) would be a plus
Preferred qualifications, capabilities, and skills
ABOUT US
JPMorgan Chase & Co., 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 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.
ABOUT THE TEAM
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.