Credit Portfolio Group - Research Associate

Job Description
We are seeking a credit trained, highly analytical, creative & self-motivated individual to join the NY based CPG Portfolio Management & Research team. We look for candidates who possess strong accounting, finance, quantitative and business writing/communication skills, as well as modelling, forecasting, and valuation experience.
As an Associate in CPG, your primary role is to support the management of our loan portfolio through credit analysis alongside senior portfolio managers and traders, and to support the creation, management, and ongoing analysis of CPG originated SRTs (Synthetic Risk Transfers). Portfolio management will start with fundamental credit analysis and lead to the generation of trade ideas and strategies centered around the lending book and being the support function for portfolio managers and traders. Key tasks include formulating a credit and relative value views around positions in the portfolio, building and maintaining models that project future cash flows, performing valuation work, formulating portfolio management strategies, and communicating these strategies to portfolio managers and senior management.
This role requires a wide variety of strengths and capabilities, including:

• A minimum of 2+ years of experience in a banking, research role, or accounting focused role which may include working as a desk analyst, investment banking analyst, or other analytical and demanding roles
• Proficiency in analyzing financial statements, financial modeling, and valuation with knowledge of relative value highly desired
• Intermediate-to-Advanced level of proficiency in Excel and Power Point
• Strong written and oral communication skills
• Demonstrated ability to cover multiple credits in a dynamic environment requiring efficient evaluation of opportunities in response to news and market changes
• Intellectual curiosity with a passion for the markets and an interest in investing
• Strong Excel skills with a focus on data analysis, manipulation, and organization. Prior use of or knowledge of Python and Tableau are a plus
• Knowledge of loan and CDS markets are a plus, not required
• A CFA, or progress toward a CFA is a plus, not required

Credit Portfolio Group - Lending
The Credit Portfolio Group (CPG) Lending is a public-side global function with approximately 20 Portfolio Management and Trading professionals across New York, London and Singapore and is part of the Markets function within the CIB. CPG Lending has two primary functions including Portfolio Management & Research (PM&R) which is aligned by industry and geography, and Trading & Distribution (T&D) which uses both liquid and illiquid channels to facilitate transactions. The priority of the group is to manage the retained credit portfolio focusing on concentrated exposures (company specific, industry or geographical concentrations) while balancing the competing issues of minimizing cost, P&L volatility, and capital usage. Portfolio managers and researchers work with traders to determine appropriate strategies to manage the portfolio which are achieved primarily via the secondary loan market, the CDS market, and through structured solutions.
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's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.