Asset Management - Securitized Credit Research Analyst - Vice President/Executive Director
JPMorgan Chase · New York, United States +1 · 4d ago
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.
The Global Fixed Income, Currency and Commodities team (GFICC) at J.P. Morgan Asset Management is one of the world’s deepest and best-resourced fixed income managers, with expertise across all major fixed income sectors, including niche markets. Every investment decision in our fixed income solutions is underpinned by the proprietary research of a globally integrated team of sector specialists.
GFICC manages a broad range of strategies, through funds and/or separate accounts, including investment grade credit, high yield, emerging market debt, unconstrained and aggregate strategies, long duration, stable value, FX, short duration, global bonds, structured products, mortgages and tax-aware strategies.
The Securitized Credit Research team within Global Fixed Income, Currency & Commodities is responsible for fundamental investment research and analysis across the full spectrum of securitized credit assets, including ABS, CLOs, CMBS, and non-agency RMBS. Our team has a proven long-term track record of strong performance and is responsible for over $80bn in securitized credit AUM.
As a research analyst on the Securitized Credit team, you will conduct fundamental research and drive investment performance across the various securitized credit sectors for GFICC's strategies, with a focus on ABS and/or non-agency RMBS investing, using both quantitative and qualitative analysis.
Job Responsibilities
- Conduct comprehensive sector and issuer due diligence, actively tracking trends, performance, and macroeconomic drivers to formulate well-supported investment recommendations for sectors and individual securities
- Formulate clear, actionable buy/sell recommendations in both new issue and secondary markets and effectively communicate them to the broader investor community, including through detailed written credit opinions
- Proactively monitor market themes and sector trends to identify compelling investment opportunities
- Conduct rigorous surveillance and monitoring to identify risks to holdings while continuously enhancing surveillance tools and processes
- Develop sophisticated models to enhance investment analysis and forecast performance for consumer or real-estate related assets
- Aggregate and analyze large sets of data to rigorously develop and test investment opinions
- Build and maintain strong relationships with both internal and external participants, including portfolio managers, investment specialists, issuers, rating agencies, and broker-dealers
Required qualifications, capabilities and skills
- 7+ years of meaningful securitized credit experience across one or more sub-sectors
- Demonstrated knowledge of one or more securitized sectors including ABS and/or non-agency RMBS
- Proficiency with Intex and/or Trepp
- Excellent written and verbal communication skills, with the ability to communicate concisely and effectively under typically stringent time constraints
- Proven ability to work effectively in a team-oriented environment and successfully manage multiple tasks
Preferred qualifications, capabilities and skills
- Programming skills are a strong plus
- Ideal experience as a research analyst, portfolio manager, banker, structurer, or trader