JP Morgan Chase
Location: New York,NY, USA
Date: 2024-11-02T05:21:02Z
Job Description:
J.P. Morgan Asset Management (JPMAM) is a leading investment manager of choice for institutions, financial intermediaries and individual investors worldwide. With a heritage of more than two centuries, a broad range of core and alternative strategies, and investment professionals operating in every major world market, we offer investment experience and insight that few other firms can match. As a Contract Specialist within Client Service you will be primarily responsible for working with Institutional North America and Insurance clients. You will be responsbile for a broad range of internal stakeholders to facilitate new and existing client business through the drafting and negotiation of Investment Management Agreements (“IMAs”) and other client onboarding agreements and documentation.You will have the exciting opportunity to help align the firm's global client onboarding processes as well as streamline the management and negotiation of client onboarding documentation. Job ResponsibilitiesThe Contract Specialist will focus on being an effective transaction manager by performing the following functions: Drafting of JPMAM IMAs, Participation Agreements and related contractual and non-contractual documentation; Reviewing and negotiation of client form template agreements, investment guidelines, fee schedules as well as service level agreements and investment policy statementsCollaborating closely with other internal groups throughout the firm (i.e. Investment Specialists, Product Teams, Operations, Compliance, Fee Billing, etc.) to get input on various provisions to help resolve complex legal and operational issuesIdentifiying and consolidation of potential issues and roadblocks in agreements that may pose investment, operational, or legal risks to the firmObtaining a robust understanding of the business practices associated with JPMAM's multiple asset classes and product groups, the internal views on the various terms in the agreements, and the risk associated with agreeing to deviations from standard termsPartnering with client business and Legal in negotiations with clients directly, or the client's legal counsel to ensure all potential issues and roadblocks are resolved to a mutually beneficial position for both the client and the JPMAMWorking closely with the investment teams to ensure that investment guidelines and other investment criteria for each client mandate correctly and accurately reflect both the client and the firm's investment intentionRequired qualifications, capabilities, and skillsA legal background or qualification with asset management or financial services knowledge and in-depth experience drafting contractual documentation within the asset management or financial services industry Bachelor's Degree (BA) required5+ years drafting and negotiating Investment Management Agreements or related buy-side documentationKnowledge of the asset management industry (fund types, client base and strategies, operational set up and products) and applicable law and regulationsExcellent communication and presentation skills (both oral and written) and an ability to clearly articulate complex issuesAbility to work effectively in a fast-paced environment and to remain composed and organized under time-sensitive deadlinesTeam player, collaborative and is able to build consensus amongst a broad range of stakeholdersPreferred qualifications, capabilities, and skillsJuris Doctor Degree (optional)JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/VeteransJ.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.Full timePosting Date: 2024-10-28
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