Asset Management, Private Placement Operations Specialist, Analyst

Job description

Company Overview

J.P. Morgan Asset Management, with client assets of $2.4 trillion, is a global leader in investment and wealth management. Its clients include institutions, high-net-worth individuals and retail investors in every major market throughout the world. The division offers investment management across all major asset classes including equities, fixed income, alternatives, multi-asset and money market funds. For individual investors, the business also provides retirement products and services, brokerage and banking services including trusts and estates, loans, mortgages and deposits.

JPMorgan Asset Management Operations is located on the Morgan Christiana Campus in Newark, Delaware. The group is made up of roughly 100 employees performing support functions for the Front and Middle Office groups that are located in New York, NY and Columbus, Ohio. Functions in Investment Management Operations include Portfolio Services, Cash Operations, Reconciliations, Fee Billing and Reporting.

The Private Placements Operations function consists of the following responsibilities:

· Trade Settlement:

o Settle private placement trades in the client's portfolio that are executed by the portfolio manager/ trader

· Asset Servicing:

o Process income payments generated by the private investments held in the client's portfolio

o Maintain and update reference data for private investments held in the client's portfolio

· Communication with portfolio managers, traders, agents and broker-dealers on a daily basis

· Manage through issues/exceptions with custodians, fund accounting agents, and other third parties to ensure accuracy of client investments

Desired profile

Qualifications

• Bachelor's Degree in Accounting, Business Administration, Economics, or Finance

• Ability to work in deadline oriented and controlled environment

• Ability to demonstrate flexibility and adaptability to rapidly changing business and technology needs

• Self-motivated and proactive with the ability to work in a team

• Knowledge of financial markets and desire to learn new financial instruments

Skills

• Strong attention to detail, high level of accuracy and problem solving skills

• Excellent written and verbal communication skills

• Organizational, time management and multi-tasking skills

• General knowledge of Microsoft Suite with in depth knowledge of Excel

• Strong communications, interpersonal, and consultative skills

• Ability to take initiative and use proactive approach, exhibit sense of urgency

• Excellent analytical ability and proficient technical skills

• Comprehensive understanding of the financial markets and products

• Ability to work independently

• Ability to work overtime as needed