What are the responsibilities and job description for the Asset Management Portfolio Management Associate (Derivatives) position at JPMorgan Chase?
The Asset Management Derivatives (AMD) Portfolio Management team manages derivatives-based investment mandates for both internal and external clients across the globe. Our investment strategies are organized around four pillars: enhanced income, downside hedging, principal protection, and liability management.
Job summary:
As an Portfolio Management Associate (Derivatives) within the Asset Management Derivatives team, you will be a valued team member assisting portfolio managers with the day-to-day implementation and analysis of various derivative-based portfolios. You will collaborate closely with portfolio managers, investment specialists, AMD product owners, and various support and operations groups.
Job responsibilities:
-Implement derivative-based investment strategies by monitoring cash flows, generating orders, coordinating trade execution with traders, and tracking portfolio drift vs targets.
-Work cross functionally to increase efficiencies, improve tools and processes, and work on strategic projects.
-Contribute to global portfolio management team discussions, strategy meetings, and team priorities.
-Provide research and analysis of portfolio holdings, key risk metrics, and new investment strategy ideas.
-Communicate investment performance, positioning, and investment views to internal and external stakeholders.
-Actively represent the team's philosophy and process to internal and external stakeholders.
Required qualifications, skills and capabilities:
-3 years of industry experience with a focus on derivatives portfolio management, trading, investment strategy, or investment process support.
-Strong aptitude and enthusiasm for desktop technology and productivity tools, including Excel, VBA, Python, and other programming languages used in quantitative analysis and research.
-Proficiency in Bloomberg, PowerPoint, and Excel.
-Strong work ethic, detail oriented, eagerness to learn and take initiative within a global PM team.
-Demonstrated interest in markets and derivatives.
-Aptitude to identify and minimize investment, operational, and business risk; awareness of market, credit, and liquidity risk in derivatives.
-Bachelor’s degree in Business, Finance, Mathematics, Computer Science, Engineering, Economics, or a related field.
Preferred qualifications, skills and capabilities:
-Experience with portfolio management tools (Investor Tools, Perform, Bloomberg, Spectrum, Aladdin).
-Experience managing or working with Separately Managed Accounts (SMAs).
-Experience trading derivatives or managing derivatives-based strategies.
-Experience working with middle office, product management and technology.
-Post graduate degree or CFA designation.