AWM- PMG, VP

JPMorgan Chase & Co. • Newark, DE

3d

About The Position

The Portfolio Management Group (PMG) is the implementation engine for Private Banking’s discretionary investment business, supporting investment advisors and other front-office partners as they pursue the Firm’s growth initiatives. PMG implements investment strategy and portfolio construction as directed by the Private Banking Strategy team, and rebalances portfolios and manages risk across investment management and trust accounts.

The role implements portfolio construction based on Strategy team decisions and investment vehicle selection. It maintains knowledge of the investment solutions used throughout Private Banking and of each account’s unique requirements and sensitivities. The position reviews and trades portfolios, manages orders, executes trades across managed accounts, monitors client activity and account alignment with models and strategies, and manages relationships with internal client-facing teams and other partners.

JPMorganChase offers a competitive total rewards package, with base salary determined by role, experience, skill set, and location. Eligible roles may receive commission-based pay and/or discretionary incentive compensation. Benefits and programs are provided based on eligibility.

Requirements

• Bachelor’s degree in a finance-related discipline with a minimum 3.3/4.0 GPA.
• 3–7 years of work experience in the financial services industry.
• Demonstrated solid understanding of investments and a keen interest in broadening knowledge of portfolio management.
• Demonstrated track record of building relationships with internal and external partners.
• Prior experience operating within a risk framework.

Nice To Haves

• CFA designation or progress toward attaining the CFA designation.
• Private Wealth Management experience.

Responsibilities

• Implement portfolio construction based on the Strategy team’s calls and investment vehicle selection.
• Maintain knowledge of investment solutions used throughout Private Banking, including mutual funds, exchange-traded funds, structured notes, hedge funds, and separately managed accounts.
• Maintain knowledge of each account’s unique requirements and sensitivities.
• Review and trade portfolios, manage orders, and execute trades across the managed account business.
• Monitor client activity, including initial investment and phased investing for new accounts, cash and security activity, and account liquidations.
• Implement strategic and tactical shifts in a timely manner when announced by Portfolio Construction.
• Monitor accounts for model drift and strategy deviation.
• Manage relationships with internal clients, including client-facing teams, and work with internal partners to complete business initiatives.

Benefits

• Competitive total rewards package, including base salary.
• Eligible roles may receive commission-based pay and/or discretionary incentive compensation in cash and/or forfeitable equity.
• Comprehensive health care coverage.
• On-site health and wellness centers.
• Retirement savings plan.
• Backup childcare.
• Tuition reimbursement.
• Mental health support.
• Financial coaching.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior