Skip to main content

Type of Role: Investments

Experience Level: VP/Principal/Director

Location: New York City, New York

Salary: $176K - $300K

J.P. Morgan Asset Management is the world’s third-largest alternatives manager, with a 40-year history of delivering innovative alternative solutions across market cycles. Our alternative investment engines are managed by highly specialized independent teams, backed by the global reach, vast resources and robust governance of J.P. Morgan Asset Management. Our alternative strategies are designed to achieve specific client outcomes and built to deliver uncorrelated returns to traditional asset classes. Customized alternative portfolios can be tailored to individual client needs. We offer strategies across the alternative investment spectrum, including real estate, private equity and credit, infrastructure, transportation, liquid alternatives and hedge funds.

Job Summary

As a member of the Product Development team of J.P. Morgan Asset Management Global Alternatives, you will be supporting a well-established investment business with approximately $20 billion in assets under management that offers customized hedge fund, private credit, and multi-asset investment solutions to institutional clients around the globe.  You will work closely with an experienced group of professionals and have significant responsibilities for guiding tactical and strategic business initiatives.

Job Responsibilities

  • Structuring investment vehicles and customized separate accounts, including open and closed ended hedge funds-of-funds, private credit funds-of-funds, separately managed accounts, sub-advisory arrangements, and co-investment arrangements, for our primarily institutional global client base.
  • Guiding cross-functional implementation teams organized for new product initiatives.
  • Supporting various aspects of fundraising activities.
  • Liaising directly with underlying investment fund managers to create bespoke investment opportunities for our client accounts.
  • Overseeing various aspects of investment diligence activities.
  • Leading negotiations with underlying investment fund managers to obtain better investment terms for our client accounts.
  • Supporting various aspects of secondary market investments in private credit funds.

Required Qualifications, Capabilities and Skills 

  • Qualified attorney with law degree (J.D. or equivalent).
  • 5+ years of legal or tax experience in a law firm, accounting firm or alternative investment firm, structuring/advising on private investment vehicles and accounts.
  • Prior experience in structuring vehicles for hedge funds, private credit funds, fund of funds, and/or separately managed accounts, either at a law firm, a hedge fund or fund of funds, or similar organization.
  • Good understanding of various hedge fund strategies.
  • Good working knowledge of tax and regulatory implications for client bases and account structures.
  • Understanding of the accounting and operational facets of an investment structure.

Preferred Qualifications, Capabilities and Skills 

  • In addition to being a qualified attorney, education, experience, or professional certification in a complimentary discipline, e.g., CFA, CAIA, tax, or an MBA in a related subject.
  • If from a law firm, desire to use legal skills within a business context and move from being an adviser to one that has direct responsibility for leading and completing projects in a high growth business.
  • Understanding of closed-ended investment structures.
  • Understanding of secondary market purchase and sale transactions involving equity interests in private investment funds.
  • Ability to influence and lead cross-functional teams.
  • Strong project management skills.
  • Solid communication and presentation 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. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.

The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the “WELL Health-Safety Rating” for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment.

As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm’s current COVID-19 or other infectious disease health and safety requirements, including local requirements.  Requirements include sharing information including your vaccine card in the firm’s vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, discretionary incentive compensation which may be 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.

Equal Opportunity Employer/Disability/Veterans

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.​