Asset Management - Special Situations Trader - Executive Director

Job Description

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.

Our Business: 

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.  

Job Summary:

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.

Job 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

Required qualifications, capabilities and skills:

• 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

Preferred qualifications, capabilities and skills:

•  Experience with non-credit instruments a plus

About Us

JPMorganChase, 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 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.

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. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including 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.​