JPMorgan Chase CIB – Public Finance Syndicate- Vice President/Executive Director in New York, New York
J.P. Morgan’s Corporate & Investment Bank is a global leader across banking, markets and investor services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $18 trillion of assets under custody and $393 billion in deposits, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
JPMorgan is the investment banking business of JPMorgan Chase, a leading global financial services firm with assets of $713 billion. With 100,000 employees in over 50 countries, we draw on a full range of capabilities to provide integrated financial solutions for institutions and individuals worldwide and our broad range of financial services activities offers an exceptional range of career opportunities. If you are interested in working in an environment where leadership, excellence, initiative and diversity are amongst our core values, then we welcome you to explore the opportunities at JPMorgan.
J.P. Morgan’s industry leading Public Finance group within the Corporate & Investment Bank serves the firm’s public sector and non-profit clients with a focus on meeting the complex investment banking needs of U.S. municipalities, non-profits and taxable/tax-exempt fixed income investors. In facilitating our clients’ access to capital, Public Finance is divided into Investment Banking and Sales, Trading & Syndicate.
Public Finance Syndicate is fast-paced, challenging, and intellectually intriguing. The main objective of Public Finance Syndicate is to work together with banking, investor marketing, debt capital markets, trading, and sales to deliver best in class financing solutions to municipal and not-for-profit issuers. Individuals on this desk assist issuer clients to access the capital markets and work with the investment banking to provide creative and effective solutions for clients. You will also work with the trading, sales and investor marketing teams to provide comprehensive client coverage, including providing market updates, effectively marketing new issues to investor clients and pitching for new business opportunities. You will also partner with investment banking to structure new issues transactions, using market intelligence which is critical to this role. You will work in a team atmosphere, providing back up to other syndicate members and maximizing the output of the desk. The ability to effectively communicate market trends, their effect on the new issue market and its clear presentation are essential on this desk.
Public Finance Syndicate is looking for a Vice President/Executive Director to assist with the origination, management, marketing, pricing and distribution of new issue Public Finance products.
Marketingof J.P. Morgan lead managed and co-managed public finance transactions
Providenew issue indicative pricings to banking and issuers
Analyticalwork - Be involved in any analytical work prepared for clients or internalpartners including different banking teams. Work with existingmodels and create simple new models to study market dynamics.Ability to clearly present the results in written and oral form.
Dealexecution - Work with both banking and issuers to determine theappropriate timing, structure, spreads for new issue Public Finance productsin a dynamic market environment.Establish ahigh degree of competence with clients around executing new issuetransactions.
Clientcontact and relationship building – Must possess the drive and capabilityto maintain and build upon investor and issuer relationships
Teamwork - Know players in immediate work group within front office and supportareas and what they can provide for clients. Be effective at gettingpeople to do their part to effect key steps in a transaction. Listenwell and effectively translate information from key partners.Quickly absorb delegated tasks, and proactively look to addvalue by taking on more responsibilities.
5-10 years of experience
Extensive knowledge of Credits, Underwriting, and client relationships within the market
We are looking for an entrepreneurial candidate with strong analytical, quantitative and communication skills. You should be someone who thrives on the challenge of competitive pressures. You should also be able to remain focused on client needs and work well with colleagues in a fast-paced environment, while maintaining strict attention to detail.
Takes Initiative - Asks questions and demonstrates interest in clients and markets; generates creative ideas
Teamwork - Strong work ethic, professionalism, willingness to back up others in the group and ability to manage multiple priorities under time pressure
Strong communication skills (verbal, written) and client presence
Ability to learn J.P. Morgan products and systems as well as utilize pricing tools
Controls discipline - Escalate issues appropriately; minimize risk to the firm
Microsoft Office - Excel, PowerPoint, Word
Series 7/52/63/79 designations preferred
JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.