Asset Management - Special Situations Trader - Executive Director

JPMorgan Chase & Co. • New York, NY

11d

About The Position

J.P. Morgan Asset & Wealth Management is a global leader with over $4 trillion
in client assets, serving institutions, high-net-worth team members, and retail
investors worldwide. The division offers comprehensive investment management
across major asset classes and provides a range of services for team member
investors, including retirement products, brokerage, and banking services.
Global Special Situations (GSS) is a dynamic business within JPMorgan Asset
Management, focusing on private credit investing and fundraising in North
America and EMEA. With centers in London and New York, GSS offers innovative
investment strategies through various fund structures and specialist vehicles,
supported by a dedicated legal team.
Global Special Situations (‘GSS’) is a stand-alone business within the Private
Markets division of JPMorgan Asset Management. Since 2018, GSS has been leading
the build out private credit investing and fundraising across its event driven,
stressed, distressed, special situations and complex performing strategies that
target investment opportunities in North America and EMEA across the capital
structure, including restructures, bespoke lending and opportunistic market
dislocations. The business has centers in London and New York. GSS investment
strategies are offered to international clients through a range of fund
structures, SMAs and specialist investment vehicles.
As a trader in the GSS investment team, you will join at the Executive Director
level, reporting directly to the Co-CIO’s of the business. The candidate, who
will be based in New York, will work closely with the Head of Research and
analyst team to drive idea generation, ensure active portfolio management, and
drive the execution of transactions.

Requirements

• You will have at least five (5) + years’ experience in sales and trading of credit and equity instruments
• Extensive networking / people interaction
• The position will require very frequent client contact, requiring excellent communication skills both oral and written communication skills and excellent presentation skills.
• A working knowledge of investment process/screening, portfolio construction and how credit asset allocations are structured
• Proven ability to work under pressure and to tight deadlines
• Financial valuation and / or credit analysis skills are required
• The candidate must be a self-starter who is able to work independently and is also comfortable being part of a larger team
• Mature personality to enable various direct company and investor interactions

Nice To Haves

• Experience with non-credit instruments a plus

Responsibilities

• Represent the investment team and be “market facing” with many deal sourcing channels, including: trading desks, brokerage shops, advisory firms, and other credit or investment firms. There will be a time emphasis on networking and meetings with those channels, regardless of transaction activity
• You will work closely and coordinate with the London-based Trader on market events and updates. This will include managing risk positions and providing market data analysis to the broader team
• The candidate will work with all members of the team both in NY and London (CIOs, Analysts, COO/middle office team) to collaborate on idea generation, sourcing and trading execution
• Support business development, marketing and control initiatives as may be required from time to time by the GSS Co-CIOs. This may include preparation of ad hoc support materials/presentations to the business

Benefits

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

What This Job Offers

• Job Type: Full-time
• Career Level: Executive
• Education Level: No Education Listed