J.P. Morgan Asset Management, a leading global alternatives manager, is seeking a proactive analyst to join our Operational Due Diligence team. The role focuses on hedge fund and private credit investments for the Alternatives Solutions Group. The successful candidate will be involved in initial and ongoing manager due diligence, enhancing our ODD process, and collaborating with the investment and risk management teams. The role also involves developing independent views on operational issues and sustainability practices of underlying managers. The candidate will participate in projects to ensure our ODD practices remain at the forefront of the industry.
Job Summary
As a Vice President in the Asset Management - Hedge Fund/Private Credit Operational Due Diligence team, you will be a 'hands-on' analyst complementing our existing Operational Due Diligence team. Your primary focus will be on initial and ongoing manager due diligence, but we also expect contributions to the strengthening of our ODD process, skills, and knowledge. You will work collaboratively with the investment and risk management teams at JPMAAM, while developing independent views on underlying managers regarding operational issues and sustainability practices. You will also take part in selected projects aimed at ensuring our ODD practices and knowledge remain cutting edge and are communicated to our clients as such.
Job Responsibilities
Performing and leading on-site manager visits to evaluate hedge funds’ and private credit operational risks including but not limited to infrastructure, 3rd party service providers and administrators, financial operations, legal & compliance, staffing, financing/counterparty arrangements and information technology/cybersecurityHelping drive the firm’s perspective on hedge fund and private credit operational risk issues and the effect of these on the underlying managers and portfoliosWorking closely with the Research, Marketing, Risk and other internal JPMAAM groups.Representing the JP Morgan to existing and prospective clients as well as other outside audiencesPreparing written analysis/research for internal usePresenting such research at internal Investment Committee meetings and educational sessions
Required qualifications, capabilities and skills
7+ years industry experience with 3+ years’ experience in an ODD role at a hedge fund/private credit investment or advisory organizationUndergraduate degree from an accredited institutionAbility to apply knowledge/experience to a wide variety of alternative investment managers and operating environments to assess operational risks and relevant ESG factors and to identify potential concernsKnowledge of the global capital markets and factors driving those marketsDemonstrated aptitude for and experience in external client relations, including communicating with sophisticated investors both one-on-one and in large group settings.A thought leader and a “partner” at heart, natural focus is on adding value and not “checking boxes”Confidence and poise to interview hedge fund/private credit managers (typically senior level non-investment staff – COO, CFO, Head of Ops, CCO) and develop and maintain strong relationships inside and outside the firm, including service providers, Prime Broker consulting teams and members of industry peer groupsPreferred qualifications, capabilities and skills
Prior experience in hedge fund/private credit administration, operations, accounting, bank hedge fund credit, or audit is desiredConcentration in Accounting/Finance preferredMBA, CPA, JD and/or CFA a plusPrior people management experience a plus