Location: New York,NY, USA
JobID: 210574326
Category: Associates
JobSchedule: Full time
Posted Date: 2024-11-18T13:15:56+00:00
JobShift:
Base Pay/Salary: New York,NY $135,000.00-$200,000.00
J.P. Morgan's Corporate & Investment Bank is a global leader across banking, markets and investor services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $18 trillion of assets under custody and $393 billion in deposits, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world. If you are interested in working in an environment where leadership, excellence, initiative and diversity are amongst our core values, then we welcome you to explore the opportunities at JPMorgan.
As an Associate for the Residential Structured Finance Banking team within the Securitized Products Group ( SPG ), you will be responsible for providing structured finance solutions for the U.S. residential mortgage sector. This will include all Mortgage asset classes covered in the business, for example, agency / non-agency, performing / non-performing, first-lien / junior-lien, HELOCs, servicing advances, servicing rights and call rights.
You will support the daily functions of the deal team in the underwriting of new and existing transactions as well as relationship management.
Job Responsibilities:
* Work on complex securitization structures
* Assist in managing the securitization process from mandate to deal execution (working with analytics, diligence, finance, and banking teams)
* Prepare underwriting documents highlighting salient risks and mitigants of the transaction
* Prepare and analyze term sheets, offering memorandums, investor presentations and other operative documents
* Coordinate and communicate with internal and external counterparties
* Create various presentation and marketing materials
Required qualifications, capabilities, and skills:
* Bachelor's degree with demonstrated academic excellence
* 3 years relevant professional experience
* Fluent in Excel and PowerPoint
* Proven time management, prioritization and multi-tasking skills to handle multiple transactions and daily tasks
* Knowledge of securitization, capital markets, and mortgage credit
* Excellent communication skills and creative problem solving skills