JPMorgan Chase Corporate - Private Investments, Business Manager - Associate in New York, New York
JPM Private Investments (PI) brings together the Strategic and Heritage Private Equity (HPE) investing activities of the firm into a single center of investing excellence. PI has approximately 40 professionals located across New York, Chicago, London and Hong Kong.
Strategic Investments (SI) supports the firm’s businesses and corporate functions in making strategically impactful investments that also provide acceptable return profiles. Specifically, the role of the SI team is to collaborate with the sponsoring LOB to identify, diligence, structure, negotiate, close, monitor and divest investments. Critically, the balance sheet, capital and P&L belong to the LOBs. Sponsors within the applicable LOB own the strategic investment positions with support from the SI team. The SI team actively manages a portfolio of over 130 investments with a carrying value to JPMC of $2 bn. Although most investments are held by the Corporate & Investment Bank (CIB), the SI portfolio contains investments across all LOBs.
Heritage Private Equity (HPE) supports the activities of the Heritage One Equity Partners and Heritage JPM Partners portfolios and ensures they are subject to a consistent control and governance framework. The HPE team oversees an orderly wind-down of the portfolio while maximizing returns to JPM and its third party investors.
The PI Associate will partner with Investment Professionals, Finance, Valuation Control Group (VCG), Compliance and Risk to support the business. Key activities include participating in the analytics and the preparation of the valuations and portfolio management presentations for the Strategic and HPE portfolio companies, producing key management reports, on-boarding new and legacy strategic investments and proactively looking for opportunities to streamline processes. The Associate will also assist in maintaining a strong risk and control environment by participating in the RCSA process, quarterly control committee meetings, annual Sponsor Attestation process, and ensuring key PI procedures are consistently understood and followed by the team, with documents updated and maintained as necessary. Additional responsibilities include, but are not limited to, the following:
Provide a high standard ofbusiness management support to the Private Investments team
Produce management reporting forPI senior management as well as JPMC LOB sponsors (including Balance Sheet,P&L, pipeline, performance metrics, etc)
Participate inthe analytics and the preparation of the valuations and portfoliomanagement presentations for the Strategic and HPE portfolio companies
Coordinate with Principal Risk,Oversight & Controls, Valuations Control Group and other businessmanagers to drive the PI team agenda
Assist with annual RCSA (Riskand Control Self Assessment) process including inherent riskidentification and ratings, and control identification and testing
Assist with annual SponsorAttestation process and other PI-driven control processes
Developad-hoc analyses and deep dive reviews for senior management as necessary
3 - 5 years Finance and/orBusiness Management experience
Excellent MS Excel, PowerPoint andWord skills
Comfortable liaising with businessmanagers and controllers, as well as leveraging existing relationshipsand networks within JPMC F&BM where possible
Ability to manage multipleprojects simultaneously in a deadline-oriented environment and work withsenior and junior members of the team
Self-starter, highly organized,intellectually curious with strong technical, problem solving, andproject management skills
Detail oriented and results-driven
Excellent written and verbalcommunication skills
Interest in principal investing
JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.