JP Morgan Chase & Co.

Asset Management - Private Credit Due Diligence - Vice President

JP Morgan Chase & Co.$150K — $200K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 7+ years of industry experience, including 3+ years in an ODD role focused on private credit and private credit secondary investments.
  • Undergraduate degree from an accredited institution.
  • Ability to assess operational risks and sustainability factors across alternative investment managers.
  • Knowledge of global capital markets and influencing factors.
  • Strong external client engagement skills with experience communicating with sophisticated investors.
  • Confidence to interview senior manager counterparts and maintain strong relationships.

Responsibilities

  • Lead and conduct diligence meetings on private credit managers regarding infrastructure, legal compliance, and operations.
  • Conduct ongoing monitoring diligence, including refreshes and event-driven follow-ups.
  • Assess operational considerations for private credit secondary investments, focusing on complexity and monitoring needs.
  • Prepare written summaries of findings and remediation steps for internal stakeholders.
  • Present diligence findings at Investment Committee meetings and contribute to internal education sessions.
  • Collaborate with investment managers to identify solutions for operational deficiencies discovered in the ODD process.
  • Contribute to enhancing the ODD program and how it is presented to clients.

Benefits

  • Opportunity to work in a high-impact role within a leading firm.
  • Collaborative environment with exposure to senior investment professionals.
  • Engagement in projects aimed at keeping the ODD program cutting-edge.
  • Participation in client-facing presentations, enhancing professional visibility.
  • Support for professional development and growth opportunities.
Full Job Description
JOB DESCRIPTION

Job Summary

We are seeking a hands-on Vice President to join our Global Alternative Investment Solutions Operational Due Diligence (ODD) team focused on private credit investments. The role will be responsible for leading and executing initial and ongoing operational due diligence of private credit investment managers, with additional focus on assessing private credit secondary investments. In addition, the candidateis expected to contribute to selected projects aimed at ensuring our ODD program remains cutting edge and serve to strengthen and evolve our ODD framework, knowledge base, and the client-facing articulation of our program. The successful candidate will collaborate closely with investment, operations/finance, risk, legal and product structuring teams while maintaining independent judgment on manager operational risks, concerns, and sustainability practices.

Job Responsibilities

The candidate will be expected to deliver end-to-end ODD coverage and clearly communicate conclusions to internal and external stakeholders.

  • Lead and perform on-site (and virtual) manager diligence meetings on private credit managersacross core components including infrastructure and staffing, third-party service providers/fund administrators, financial operations, legal & compliance, financing arrangements, and information technology/cybersecurity.
  • Conduct initial and ongoing monitoring diligence, including periodic refreshes and event-driven follow-ups.
  • Assess operational considerations specific to private credit secondary investments, including any incremental operational complexity and monitoring needs.
  • Prepare written diligence materials summarizing key findings, deficiencies, and recommended remediation/monitoring steps for internal use.
  • Present diligence conclusions at internal Investment Committee meetings and contribute to internal education sessions.
  • Partner with investment managers to identify practical solutions to remediate operational deficiencies identified through the ODD process and validate progress over time.
  • Help shape the firm9s point of view on private credit operational risk topics and implications for underlying managers and portfolios.
  • Work closely with Research, Marketing, Risk, Legal, Product Structuring and other internal groups; represent the firm externally and present ODD practices/findings to existing and prospective clients and other external audiences.
  • Contribute to projects that enhance the ODD program, keep the approach current, and strengthen how the program is communicated to clients.

Required qualifications, capabilities and skills

The following qualifications reflect the experience and 9cpartner mindset9d needed for this position.

  • 7+ years of industry experience, including 3+ years in an ODD role focused on private credit and private credit secondary investments at an alternative investment or advisory organization.
  • Undergraduate degree from an accredited institution.
  • Ability to apply experience across a broad spectrum of alternative investment managers and operating environments to assess operational risks and relevant sustainability factors, identify concerns and form independent conclusions.

  • Knowledge of global capital markets and the factors driving those markets.

  • Demonstrated strength in external client engagement, including communicating with sophisticated investors in one-on-one and group settings; viewed as a thought leader and value-add partner (not a 9ccheck-the-box9d reviewer).

  • Confidence and poise to interview senior investment manager counterparts (e.g., COO, CFO, Head of Operations, CCO) and to build/maintain strong internal and external relationships, including managers, third-party service providers, related vendors and industry peer groups.

Preferred qualifications, capabilities and skills

The following attributes are additive and align well to the due diligence skill set for this role.

  • Experience in private credit due diligence, fund administration, operations, accounting, bank credit and/or audit.
  • Concentration in Accounting/Finance.
  • MBA, CPA, JD, CAIA and/or CFA.
  • Prior people management experience.

The candidate will be based in New York and will report to the JPMorgan Alternative Solutions Group - Head of Operational Risk.

About JP Morgan Chase & Co.

JP Morgan Chase & Co. stands at the forefront of the global financial services industry. They offer an expansive array of products and services to a diverse clientele, including individuals, corporations, governments, and institutions. Ever since the merger of J.P. Morgan & Co. and Chase Manhattan Corporation in 2000, this industry-leading entity has become renowned for its comprehensive portfolio encompassing consumer and community banking, corporate and investment banking, commercial banking, as well as asset and wealth management. Headquartered in the vibrant city of New York, JP Morgan Chase & Co. boasts a formidable presence across over 100 countries worldwide.

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JP Morgan Chase & Co. is continuously on the lookout for talented individuals eager to contribute to its legacy of excellence. The company's recruitment efforts are geared towards identifying candidates with the right blend of skills and qualifications to drive forward its various business segments. Whether you are a seasoned professional or a recent graduate, JP Morgan Chase offers a plethora of job openings across multiple disciplines.

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Preparation is key to succeeding in your interview with JP Morgan Chase. Familiarize yourself with the company's business segments, values, and recent achievements. Demonstrating how your background and aspirations match the company's goals can significantly increase your chances of employment. A World of Job Opportunites in the Financial Services Industry JP Morgan Chase & Co. offers a world of job opportunities for those seeking to make their mark in the financial services industry. With competitive salaries, comprehensive benefits, and endless possibilities for growth, positions at JP Morgan Chase are highly coveted. By staying informed through job sites, tailoring your applications, and preparing thoroughly for interviews, you can enhance your prospects of joining the esteemed ranks of JP Morgan Chase employees. Explore the job board, seize the job opportunities, and embark on a rewarding career journey with one of the world's leading financial institutions.
Learn more about JP Morgan Chase & Co.
Size
661 employees
Market Cap
$384.5 billion
Industry
Net Income
$29.1 billion
Founded
1823
5 Year Trend
+0.7%
Revenue
$261.5 million
NASDAQ

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