Wealth Management, Solutions Product Development, AnalystNew Jersey, Jerseycity, 07097 Jerseycity USA
JPMorgan Chase & Co ("JPM") is a leading global financial services firm with assets of more than $2.6 trillion, over 250,000 employees, and operations in over 100 global markets. 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, is a global leader in investment and wealth management. Its clients include institutions, ultra-high-net-worth and 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.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 teams of specialists work seamlessly to help our clients achieve their financial goals and aspirations.Our TeamAs a part of Investment Solutions, the Managed Product Group serves as subject matter experts and is responsible for product management of traditional investments, including mutual funds, Exchanged Traded Funds (ETFs), and Separately Managed Accounts (SMAs) offered through the Private Bank, Chase Wealth Management, and J.P. Morgan Advisors investment platforms. These platforms offer a diverse suite of fee-based solutions, including single- and multi-asset class portfolios, as well as brokerage offerings. Globally, there are over $780 billion in assets under management with continuous growth anticipated.Our team cultivates and manages relationships with some of the largest investment managers across the globe, as well as many boutique asset managers, to deliver solutions that meet the needs of our clients. We partner with internal and external colleagues to bring new products to market and contribute to the innovation of JPM's offerings as well as the evolution of the industry.ResponsibilitiesA core component of this role will be delivering new investment products to the Private Bank, Chase Wealth Management, and J.P. Morgan Advisors platforms, including negotiating with investment managers to secure access and competitive terms for new investment solutions. It will also involve participation in key strategic initiatives that drive innovation and increased efficiency across our global business. This role will offer subject matter expertise to internal business partners related to traditional managed investment solutions (including mutual funds, ETFs, and SMAs), as well as the evolving industry and regulatory landscape. The role will require close interaction with our internal corporate partners across Manager Solutions, Legal, Risk, Compliance, Operations, Bankers, and Investors. Externally, the role will entail depth and breadth of engagement with numerous partners across the asset management industry.Understand investment capabilities and structures in order to serve as a subject matter expert for traditional managed investment solutions.
Establish and foster relationships with third party investment managers and relevant counterparties.
Drive the process for making new investment products available, including negotiating commercial terms and partnering with Legal to review and execute agreements with investment managers. Oversee a pipeline of over 100 solutions in varying stages of development.
Participate in strategic initiatives and coordinate projects that contribute to the development of our investment program offerings, as our business evolves and the industry / regulatory landscape changes.
Educate and advise on product-specific information including availability, commercial terms, and competitive insight.
Analyze the current managed product offering and provide input to help define the business strategy.
Partner with internal and external colleagues to structure and develop new innovative solutions, driving ideas from concept through product launch.
Liaise with investment managers to facilitate tailored solutions for specialized client situations.
QualificationsMinimum of 1-2 years' experience in wealth management or other similar financial services experience.
Knowledge of mutual funds, ETFs, and SMAs, as well as product management / development experience is a plus.
Excellent communication skills (written and verbal), diligent multi-tasking abilities, high-level of structure and organization, and attention to detail are essential.
Strong analytical and planning skills are required.
Demonstrated ability to make interpersonal connections and foster relationships.
Highly motivated team player with proven ability of problem solving, as well as the ability and desire to work in a fluid, fast-paced environment.
Ability to motivate business partners to build consensus, influence outcomes, and drive initiatives to completion.
Confidence to ask thought-provoking questions, challenge the status quo, and assess risks / foresee implications.
Experience working with legal agreements is a plus.
Highly competent with core MS Office applications - e.g. Excel and PowerPoint. Knowledge of programming language tool (i.e. Python) is an advantage.
Series 7 and 63 licenses.
JPMorgan Chase & Co., 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 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. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the "WELL Health-Safety Rating" for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment.As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm's current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm's vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.Equal Opportunity Employer/Disability/Veterans
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