Wealth Management - Portfolio Specialist - Associate

  • J.P. Morgan
  • London, UK
  • 26 Mar, 2018
Experienced Hires Asset Management Private Banking & Wealth Management

Job Description

Job description

JPMorgan Chase & Co. is a leading global financial services firm with assets of more than $2.5 trillion, over 260,000 employees and operations in over 100 countries. It operates across four business segments including Commercial & Investment Banking, Asset Management, Corporate Banking and Consumer Banking.

The Wealth Management division of JPMorgan Chase & Co. is part of the Asset Management business. With assets under management of over $1.6 trillion, it is one of the largest asset and wealth managers in the world.

With more than 160 years of experience, J.P. Morgan Private Bank is a global wealth management leader that delivers the highest quality advice, service, capabilities and products to high net worth individuals and families around the world. The Private Bank delivers highly customized and comprehensive solutions to help clients with the many complexities they face on their balance sheets. The Private Bank is involved with every facet of wealth management, including investments, liquidity and credit management, and tax and estate planning. The business model focuses on deep client relationships through an integrated team structure with a platform of depth and breadth.

Our Team

Managed Solutions & Strategy (MSS) encompasses the discretionary investment offerings for clients, including multi-asset and single asset-class strategies as well as the manager selection platform. The Managed Solutions Global Portfolio Specialist team is viewed as a vital member of the Advisor team and a go-to center of excellence for core discretionary multi-asset portfolios. The Global Portfolio Specialists are specifically focused on articulating our investment methodology, current positioning, and technical insights across the Private Banks core investment offerings to internal teams as well as clients.

The Role

As a Portfolio Specialist Associate you will work with investment professionals on the team as well as many across other investment and business functions, including Strategy, Manager Selection, Portfolio Construction, Business Management, and Marketing. Associates conduct research and analysis, assist with content development, and help respond to inquiries from clients and advisors within the Private Bank.

Roles & Responsibilities

  • Assist in developing presentations and materials for internal meetings and for clients
  • Develop and maintain a high level of product knowledge, becoming a technical subject matter expert across core strategies, including investment philosophy, strategic and tactical positioning, underlying managers, and performance
  • Organize, maintain, and disseminate information to articulate investment insights to the region related to core discretionary portfolios
  • Support the Portfolio Specialist in partnering with Bankers, Investors, and local leadership to understand their client base, identify opportunities for new business and growth, and prepare for client meetings; help train new investors and bankers on how the Private Bank manages investments
  • To attend routine client meetings and build experience towards more complex and sophisticated situations.
  • To have ownership of the morning meeting schedule and coordinate across MSS teams and business management.
  • Participate proactively in market-level team meetings and investor huddles, increasing the depth, scope, and frequency of communications; support integrated teams with client questions, product teach-ins and general inquiries
  • Provide input and new ideas that contribute to the overall development and enhancement of investments content; drive the creation of new approaches to articulating key concepts in collaboration with business partners
  • Engage proactively in investment dialogues within the Global Portfolio Specialist team and across other investment teams, including sharing of client and advisor feedback from the region
  • Continue to develop superior risk and control frameworks across the business area
  • Assume significantly more responsibility over time in the role, with increasing direct interaction with senior management

Specific Qualifications Include

We seek candidates with a unique blend of interpersonal and analytical skills. Private Banking Associates efficiently leverage both qualitative and quantitative resources to understand complex financial situations and present solutions.

  • Over 3 years of work experience in asset or wealth management
  • Hold a Bachelor’s degree with a minimum overall GPA of 3.2
  • Superior multi-tasking; strong organizational skills and attention to detail
  • Fundamental interest in financial markets and macro-level economic trends; this is essential for effective content creation and participation in client meetings.
  • Excellent communication skills and poise giving presentations; in particular the morning meeting.
  • Ability to communicate complex investments-related concepts in a simple manner
  • Demonstrated aptitude for sales and client relationship management
  • Ability to be a dynamic member of a team
  • Strong initiative, ambition, energy and confidence completing projects with limited supervision
  • Good judgment and discretion working with highly confidential information
  • Strong Microsoft Excel and PowerPoint skills
  • MBA and/or progress towards a CFA is a plus

This role encompasses the performance of UK regulated activity. The successful candidate will therefore be subject to meeting UK regulatory requirements in the assessment of fitness, propriety, knowledge and competence (as assessed by the Firm) and (where appropriate) approval by the UK Financial Conduct Authority and/or the Prudential Regulation Authority to carry out such activities.

JPMorgan Chase & Co. is a leading global financial services firm with assets of more than $2.6 trillion, over 240,000 employees and operations in over 60 countries. It operates across four business segments including Asset & Wealth Management, Corporate and Investment Banking, Commercial Banking and Consumer and Community Banking.

J.P. Morgan Asset & Wealth Management advises institutions, endowments, foundations and families through Asset Management and Wealth Management. Our Wealth Management business includes J.P. Morgan Private Bank, J.P. Morgan Securities and Chase Wealth Management.

J.P. Morgan Private Bank advises the world’s wealthiest families and helps them achieve their desired goals. Our teams of Advisors deliver advice, solutions and services across investments, wealth planning, credit and banking to help clients build, preserve and manage their wealth over time.

Our team of specialists works seamlessly to help our clients achieve their financial goals and aspirations. We’re proud to be named ‘2017 Best Private Bank for Ultra-High-Net-Worth Clients’ by Euromoney: Egypt, France, Greece, Italy, Lebanon, Qatar, Spain, United Arab Emirates and UK.

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