Wealth Management, Structured Product & Derivatives Structuring Associate

J.P.

Morgan Asset & Wealth Management, with client assets of $2.8 trillion, is a global leader in investment and wealth management.

Its clients include institutions, high-net-worth individuals and retail investors in every major market throughout the world.

The division offers investment management across all major asset classes including equities, fixed income, alternatives, multi-asset and money market funds.

For individual investors, the business also provides retirement products and services, brokerage and banking services including trusts and estates, loans, mortgages and deposits.

As an Associate on the New York-based Derivatives Structuring team, you will focus on the development and implementation of new Structured Products and OTC Derivatives across all asset classes in the US.

This includes both large scale distribution and bespoke client situations.

You will also be responsible for implementing new regulations and business changes that affect the Structured Product and OTC Derivative business, on-boarding and maintaining Structured Product counterparty relationships, and enhancing and automating the trading platform and infrastructure that covers the end-to-end servicing model for Structured Products and OTC Derivatives.

We work closely with our traders in Equities, FX, Commodities, Credit and Rates; our Investment Advisors; our Investment Banking counterparties (both in-house and external); our Legal, Risk, Compliance, Credit and Corporate Tax colleagues and, in bespoke structuring situations - directly with the client and the Investment Advisor.

Job Responsibilities:


* Innovate with new product development; including analyzing the economics, reviewing the legal disclosures, producing marketing materials and obtaining governance approvals.


* Maintain and develop counterparty relationships, coordinate multi-functional relationship management with counterparties (e.g.

Sales, Legal, Tax, Middle Office) and external platform vendors.

Manage the annual review of the Structured Product issuance documents with the counterparty.

Work with our vendors to keep developing the end-to-end automation and improve the life-cycle of our products.


* Participate as a key stakeholder in the working groups covering the implementation of new regulations; enhancements to the business model or changes to trading processes for both Structured Product and OTC Derivative businesses.


* Review and negotiate Structured Product and OTC term sheets with the counterparties.

Ensure approvals from Legal and Supervisory Management are obtained prior to trading.

Work with our vendor to keep developing the set-up and incorporation of new termsheets (payoffs) into the trading platform.


* Oversee the development of a systematized infrastructure for trading Structured Products and OTC Derivatives that incorporates automated pre-trade and suitability controls, life-cycle analysis, and risk metrics.

Required Qualifications, Skills and Capabiliti...