Asset Management, J.P.Morgan Private Bank, Product Development Analyst (IPB Funds Product Development Team) - Professional/Associate (Based in London)

Job description

JPMorgan Chase & Co. is a leading global financial services firm with over 260,000 employees and operations in over 60 countries. It operates across four business segments including Asset & Wealth Management, Commercial Banking, Consumer and Community Banking, Corporate and Investment Banking.

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.

J.P. Morgan Private Bank has been helping the world's wealthiest individuals, families, foundations, and endowments grow, manage, and sustain their wealth through personalized, comprehensive financial solutions for more than 160 years. J.P. Morgan is a global leader in asset and wealth management with assets under supervision of $2.4 trillion and assets under management of $1.7 trillion. With Private Bank advisors in 108 offices in 25 states and 20 countries, the Private Bank provides ultra high net worth and high net worth clients with a global perspective delivered through a local, dedicated team of specialists focused on fundamental wealth management disciplines, including investment management, wealth structuring, philanthropy, credit and banking.

Investment management products and services is a core offering within J.P. Morgan Private Banking. It offers the full spectrum of investment strategies - from equity, cash management, fixed income, currency and asset allocation to alternative asset classes such as private equity, real estate and hedge funds. These strategies are delivered to clients in a variety of structures, including core and thematic discretionary portfolios and regulated fund wrappers.

An exciting opportunity has arisen in the GWM Solutions Product Development team for an Analyst to help drive Product Development and Fund Governance initiatives. The role will be based in London.

Our Team

The GWM Solutions Product Development team is responsible for leading the structuring and product development of pooled investment solutions for the International Private Bank (IPB) business. Covering EMEA, Latin America and Asia regions, the team leads new mutual fund launches and manages change to the product palette as a result of business or regulatory developments. This includes everything from idea generation and product innovation through to leading new fund launches across functions and managing the product pipeline with key business partners.

In addition, the team plays a key role in the governance, management and ongoing oversight of proprietary funds throughout their life cycle.

The Role

· Support new product development based on pipeline priorities, ensure results are delivered on-schedule and support product management initiatives
· Act as a subject matter expert on Product and Fund Governance initiatives, helping to identify gaps and develop innovative solutions across multiple stakeholder groups
· Prepare and manage regular MIS reports, Governance packs and Board Reporting for key stakeholders
· Assist with management & oversight of due diligence from Third Party Management Companies
· Coordinate calls, document minutes & project steps, ensuring effective timing and sequencing of deliverables to meet tight deadlines
· Act as a support function for team, assisting in the implementation of effective processes for new fund launches, closures and mergers
· Provide assistance and information to front office users, control teams and portfolio managers relating to Product Development and Fund Governance

· Manage relationships with product stakeholders across regions and functions. Coordinate across Legal, Risk, Compliance, Operations and Investment teams to develop legal agreements, marketing material and procedural documentation

Desired profile

Requirements

·  Experience in the financial services industry – asset or wealth management preferred
· Proven ability to work in a highly collaborative and matrixed environment to build consensus

· Highly detail-oriented with strong analytical and planning skills

· Have an entrepreneurial mindset and be able to apply critical thinking and a logical/structured framework to a variety of situations

· Strong interpersonal skills - ability to interact with multiple internal and external partners

· Highly competent with core MS Office applications – e.g. Excel and PowerPoint

The Ideal Candidate




The ideal applicant would have broad investment and non-investment knowledge of European Fund Products (both UCITS and AIFs):

·  Understands managed products such as funds, single line portfolios and discretionary services
·  Knowledge of regulatory developments affecting funds, including UCITS and AIFs
·  Adapts to change and turns challenges into opportunities
·  Has an enquiring nature and a fast learning curve
·  Thrives in team environment, ensuring effective communication with colleagues
·  Willingness to take ownership of certain initiatives
·  Is passionate about financial markets and career driven

JPMorgan Chase & Co. offers an exceptional benefits program and a highly competitive compensation package. JPMorgan Chase & Co. is an Equal Opportunity Employer.