|Job Type:||Full Time|
JPMorgan Chase & Co. is a leading global financial services firm with assets of more than $2.7 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, is a global leader in investment and wealth management. Its clients include institutions, 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.
Asset Management is a leading investment manager of choice for institutions, financial intermediaries and individual investors, worldwide. With a heritage of more than two centuries, a broad range of core and alternative strategies, and investment professionals operating in every major world market, we offer investment experience and insight that few other firms can match.
Located in London and sitting with JPMAM’s Global Fixed Income and Currency group the European High Yield team manages ca. €6bn in assets and is part of our ca. $30bn Global High Yield business. Its strategies include the Euro High Yield Bond Fund and the Euro Short Duration High Yield Fund. In addition the team co-manages both retail and institutional Global High Yield mandates in conjunction with their US high yield colleagues.
The European high yield analyst will work as part of the European high yield research team which reports the portfolio manager. The individual will conduct detailed fundamental analysis of European high yield credits and will be responsible for making security-specific recommendations from within his or her assigned sectors. The analyst will participate in individual credit discussions with his/her peers as well as present periodic sector reviews. Familiarity with European leverage Finance markets will be essential to making a meaningful contribution to the team’s regular portfolio strategy meetings.
Relevant Asset Management/Investment experience, ideally in the European High Yield space. The individual should have previous experience in a buy-side role working with portfolio managers and fellow analysts to provide sector-based security coverage. The candidate must have experience in sub-investment grade credit research and in making high conviction security-specific investment recommendations.
He or she will have an excellent understanding of high yield capital structures, covenants,
and relative value. The candidate must be proficient in financial modelling and have excellent written and verbal communication skills.
MBA graduates and/or CFA charter holders are preferred.