Wealth Management & Investment Solutions - Product Development Associate (IPB Alpha & Discretionary Product Development Team) - Associate

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.

 

 

The Role

An exciting opportunity has arisen as part of the Solutions Product Development group for an Associate to support and drive product development and management initiatives as part of the International Private Bank (IPB) Alpha & Discretionary Product Development team . The role will be based in London.  

 

Our Team 

 

The IPB Alpha & Discretionary Product Development team is focused on delivering discretionary solutions for the IPB business (covers EMEA, Latin America and Asia regions), that serve as core diversified portfolios, provide targeted exposure, capture timely market opportunities or address specific client objectives. The platform consists of core strategies and Alpha Programme strategies, totaling over $50billion in assets under management, with strong growth anticipated.

 

 

The Role

·  Drive new product development based on pipeline priorities, ensure results are delivered on-schedule and support product management initiatives
·  Manage relationships with product stakeholders across regions (EMEA, Asia and LatAm) and functions
·  Coordinate across the diverse perspectives of Legal, Risk, Compliance, Operations and Investment teams to develop legal agreements, marketing material and procedural documentation
·  Manage and lead working group calls, document minutes and project steps
·  Build out project timeline and track progress including reporting on key highlights, next steps and issues
·  Act as a subject matter expert on change management initiatives
·  Drive the implementation of effective processes for new product launches and ongoing product management support
·  Provide assistance and information to business partners, operations, control teams and portfolio managers relating to Product Development and Management

 

Requirements 

·  Experience in the asset or wealth management industry in discretionary services or funds, preferably in product development, product management or experience working in a project management role
·  Proven ability to work in a highly collaborative and matrixed environment to build consensus
·  Highly detail-oriented with strong analytical and planning skills
·  Strong interpersonal skills, excellent stakeholder management skills are essential
·  Proven ability to work with Operational and Control functions, required to enable a product launch and to resolve product management issues
·  Highly competent with core MS Office applications – e.g. Excel and PowerPoint

Qualifications

 The ideal applicant would have broad investment and non-investment knowledge of discretionary products:

·  Understands managed products such as funds, separately managed accounts and discretionary services
·  Has an ability to explain complex concepts to different functions
·  Adapts to change and turns challenges into opportunities
·  Has an enquiring nature and a fast learning curve
·  Thrives in team environments, ensuring effective communication with colleagues
·  Is passionate about financial markets and career driven
·  Additional European languages a benefit – Italian, French or Spanish

 

 

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