Investment Banking – Private Capital Advisory – Associate

JPMorgan Chase & Co.•New York, NY

About The Position

We are seeking a highly motivated Associate to join our North American Private Capital Advisory team within M&A and the global Private Capital Advisory & Solutions team. The team advises corporates, sponsors, and privately held businesses on minority investments, joint ventures, and other non-control private capital transactions. These transactions support strategic and financial objectives such as acquisitions, capital investment, growth, monetization, and balance sheet optimization. Working across sectors and alongside industry coverage and product teams, we originate, structure, and execute tailored transactions, including common equity, preferred equity, structured minority investments, and joint ventures. The role is well suited to candidates with experience in structured equity, project finance, infrastructure finance, structured finance, M&A, private equity, or related investing and advisory roles.

Requirements

4 to 6 years of experience in investment banking, private equity, infrastructure investing, or a related financial advisory or investing role
Strong financial modeling and quantitative analysis skills, including experience analyzing long-dated or asset-level cash flows
Solid understanding of corporate finance, capital structures, cash flow allocation, risk allocation, and investor returns
Experience evaluating or negotiating transaction terms, financing structures, investment proposals, or transaction documentation
Ability to understand how changes in commercial and structural assumptions affect risk and returns
Strong written and verbal communication skills, including experience preparing client presentations and transaction materials
Ability to communicate complex financial and structural concepts clearly and concisely
Strong attention to detail, judgment, and organizational skills
Ability to manage multiple workstreams and deliver high-quality work under tight deadlines
Proactive and collaborative approach, with the ability to work effectively across industry, advisory, capital markets, legal, and other internal and external teams
High level of ownership and willingness to assume increasing responsibility throughout the transaction process

Nice To Haves

Experience in structured equity, project finance, infrastructure finance, structured finance, M&A, or complex principal investing is preferred

Responsibilities

Work with senior bankers and industry teams to originate, structure, and execute minority investments, joint ventures, and other private capital transactions
Develop financial models and analyses to evaluate transaction structures, cash flows, investor returns, and client outcomes
Assess how key structural terms, including IRR caps, distributions, leverage, tenor, call rights, and downside protections, affect risk and return
Support the development and negotiation of transaction terms, including economic, governance, and investor protection provisions
Prepare client presentations, transaction marketing materials, financial analyses, process materials, and term sheets
Evaluate potential capital partners and support investor outreach across private equity, infrastructure funds, pension funds, sovereign wealth funds, insurance companies, credit investors, and other institutional investors
Analyze and compare investor proposals, including return requirements, funding commitments, governance rights, and other material terms
Coordinate transaction execution from preparation and launch through diligence, negotiation, and signing
Work with clients, investors, lawyers, accountants, and other advisors throughout the transaction process
Serve as a day-to-day point of contact for clients and take ownership of key transaction workstreams
Support client and investor discussions by clearly explaining financial, structural, and commercial trade-offs
Manage multiple live transactions and business development assignments in a fast-paced environment
Provide guidance and mentorship to junior team members