JP Morgan Chase & Co.

Closely Held Asset Management Specialty Asset Administrator Analyst

JP Morgan Chase & Co. • $80K — $95K *
Columbus, OH 43240In-Person
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting, Economics, Finance, or related field.
  • Advanced degrees or credentials (JD, MBA, CFA, ASA, CPA, CTFA) preferred.
  • Experience in closely held asset management or similar financial sectors.
  • Strong knowledge of finance, business valuation, and trusts & estates.
  • Detail-oriented with excellent organizational skills.
  • Strong oral and written communication capabilities.
  • Ability to work in a team-oriented and dynamic environment.

Responsibilities

  • Conduct due diligence on closely held business interests for new business acceptance.
  • Complete annual asset reviews, including market value estimates and risk management assessments.
  • Analyze financial and legal documentation related to asset management.
  • Review and approve key corporate actions like shareholder votes and transactions.
  • Evaluate corporate governance frameworks and address shareholder issues.
  • Manage day-to-day asset administration, including regulatory filings and shareholder meetings.
  • Participate in training on asset management best practices and valuation techniques.

Benefits

  • Work in a prestigious financial institution with a focus on closely held assets.
  • Opportunity to develop expertise in asset management for privately held companies.
  • Engagement with clients and beneficiaries, enhancing professional relationships.
  • Dynamic work environment that encourages team collaboration and learning.
  • Access to training and development resources for professional growth.
Full Job Description
JOB DESCRIPTION

Description

An Asset Manager on J.P. Morgan’s Closely Held Asset Management team (“CHAM”) provides asset management services for privately owned businesses (corporations, partnerships and limited liability companies) that are held within trusts and estates at J.P. Morgan. Each Asset Manager is responsible for overseeing a portfolio of approximately 75 – 120 closely held assets, depending on complexity.

Responsibilities include conducting asset reviews (including financial analysis and valuation) and evaluating, responding and approving key corporate actions (e.g., purchase and sale transactions) and other asset-related issues that may arise. Asset Managers participate in conference calls with executive management and advisors of the closely held companies in the Asset Manager’s portfolio, and interface with clients, trust beneficiaries and internal JPMorgan partners. 

Job Responsibilities

  • Conduct due diligence on clients’ closely held business interests in support of the new business acceptance process
  • Complete annual asset review and market value estimates, including completing company due diligence, management discussions, analyzing financial and operating performance, and determining marketability and holding recommendations in order to assess and manage risk and as a part of a comprehensive service for clients and beneficiaries
  • Analyze financial reporting, business organizational documents, and complex legal documents
  • Review key corporate actions, including shareholder votes/meetings, responding to proxy requests, and purchase ands ale transactions
  • Evaluate corporate governance frameworks and other key shareholder issues
  • Day-to-day asset administration (tax and regulatory filings, organizing shareholder meetings, site visits, insurance, etc.)
  • Participate in and help produce CHAM-specific training (valuation, asset management best practices, etc.)
  • Ensure compliance with banking regulations, policies, procedures, and J.P. Morgan standards
  • Communicate analysis, recommendations, and decisions to internal and external stakeholders, professionals, and clients

Required Qualifications, Capabilities, and Skills

  • Bachelor degree in Accounting, Economics, Finance, or other related field
  • Advanced degrees and credentials are a plus (JD, MBA, CFA, ASA, CPA, CTFA, etc.)
  • Closely held asset management experience preferred or equivalent experience obtained through related finance, accounting, business valuation, or trusts & estates experience
  • Knowledge and understanding of finance, business valuation, and/or trusts & estates
  • Detail oriented, with excellent organizational skills and strong oral and written communication skills
  • Ability to work in a dynamic, team environment
  • Willingness to research and understand unfamiliar topics and concepts such business, legal, and tax issues, and manage administrative and operational tasks as required
  • Ability to confidently prepare and present to internal and external stakeholders
  • Working knowledge of Microsoft Office (MS Word, Excel, and PowerPoint)

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.

Unveiling Employment Opportunities at JP Morgan Chase & Co.

Vacancies and Hiring Initiatives

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.

High-Demand Positions

Among the myriad of roles, certain positions stand out for their attractive compensation packages and career advancement prospects. Notably, high-paying jobs at JP Morgan Chase & Co. include Relationship Manager, Branch Manager, and Software Engineer. These roles are critical to the firm's operations and offer lucrative opportunities for those with the requisite expertise.

Navigating the Job Market at JP Morgan Chase & Co.

Leveraging Job Portals and Job Alerts

For job seekers aiming to tap into the opportunities at JP Morgan Chase, staying updated through job portals and subscribing to job alerts is crucial. These tools can provide timely information about job openings, job fairs, and recruitment events, enabling candidates to apply promptly and prepare adequately for interviews.

Preparing Your Job Application

Your job application, comprising your resume and cover letter, is your ticket to securing an interview at JP Morgan Chase. Highlight your qualifications, skills, and experiences that align with the job listing, ensuring you stand out in the competitive job market.

Acing the Interview

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
Finance & Insurance
Net Income
$29.1 billion
Founded
1823
5 Year Trend
+0.7%
Revenue
$261.5 million
NASDAQ
CCF
* Ladders Estimates

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