The Global Fixed Income Currency and Commodities team (GFICC) at J.P. Morgan Asset Management is one of the world’s deepest and best-resourced fixed income managers, with expertise across all major fixed income sectors, including niche markets. Every investment decision in our fixed income solutions is underpinned by the proprietary research of a globally integrated team of sector specialists. Our shared research language, combining fundamental, quantitative valuation and technical inputs, facilitates the comparison of ideas across sectors and geographies. Global Fixed Income, Currency and Commodities manages a broad range of strategies, through funds and/or separate accounts, including broad market, long duration, stable value, intermediate high yield, emerging market debt, short and ultra-short duration, global bonds, structured products, mortgages and tax-aware strategies. The Securitized Credit Research team within Global Fixed Income, Currency & Commodities is responsible for fundamental investment research and analysis across $80+bn in securitized credit AUM across the spectrum of the securitized credit assets, including ABS, CMBS, non-agency RMBS, and CLOs.
As a Research Analyst on the Securitized Credit team, you will conduct fundamental research and drive investment performance across the various securitized credit sectors for GFICC’s strategies using both quantitative and qualitative analysis.
Job Responsibilities
Conduct thorough sector and issuer due diligence, tracking trends, performance, and macroeconomic drivers to formulate investment recommendations for sectors and individual securitiesFormulate buy/sell recommendations in both new issue and secondary markets and effectively communicate them to the broader investor community, including through written credit opinionsActively monitor market themes and sector trends to identify investment opportunitiesConduct surveillance and monitoring to identify risks to holdings while also enhancing surveillance tools and processesDevelop models to enhance investment analysis and forecast performance for consumer or real-estate related assetsAggregate and analyze large sets of data to develop and test investment opinionsBuild and maintain relationships with both internal and external participants, including portfolio managers, investment specialists, issuers, rating agencies, and broker-dealersRequired qualifications, capabilities and skills
Minimum of 3 years of securitized credit experience across one or more sub-sectorsKnowledge of one or more securitized sectors including ABS, CMBS, RMBS and CLOKnowledge of Intex and/or TreppStrong written and verbal communication skills, with the ability to communicate concisely under typically stringent time constraintsDemonstrated ability to work effectively in a team-oriented environment and manage multiple tasksPreferred qualifications, capabilities and skills
Programming skills are a plusIdeal experience as a research analyst, portfolio manager, banker, structurer, or trader