What are the responsibilities and job description for the Residential Asset-Backed Credit – Analyst position at JPMorgan Chase?
The Residential Asset-Backed Credit team within the Securitized Products Group (“SPG”) is responsible for providing asset backed financing solutions to institutional and corporate clients of the firm secured by U.S. residential mortgage assets. The team is responsible for sourcing / structuring / pricing / executing financing transactions, developing asset classes, and managing clients. The team also actively risk manages its portfolio and develops external capital/syndication partnerships. The team covers a wide range of clients in the sector, including asset managers, private equity, hedge fund, mortgage REITs, government agencies, banks, insurance, fintech and traditional corporate clients. The role provides broad exposure to the U.S. residential mortgage sector which is one of the largest asset classes in the world.
As an Analyst within the Residential Asset Backed Credit team, you will gain extensive exposure to the entire U.S. residential mortgage sector.
Job responsibilities:
- Become knowledgeable about the mortgage sector/transactions/structures
- Conduct industry and product research
- Assist the team in marketing and structuring new transactions across a range of asset classes
- Prepare and analyze term sheets and relevant deal documents
- Coordinate and communicate with different internal counterparties within the bank (Trading, Sales, Banking, Diligence, Credit Risk, Market Risk, Research, Operations, Compliance, Technology, Accounting, Legal, etc.)
- Improve processes and create efficiency
- Participate in client management, attend industry conferences, work with external capital/syndication risk partners
- Create presentation and marketing materials
- Perform data analysis for valuation of various mortgage assets. Identify themes and trends
- Assist in developing and running various quantitative models
- Assist the team in portfolio risk management/monitoring
Required qualifications, capabilities, and skills:
- Bachelor’s degree with demonstrated academic excellence
- 1 years relevant professional experience
- A high level of motivation – ability to drive projects and initiatives
- Outstanding communication and interpersonal skills and ability to work with various stakeholders
- Ability to multitask/prioritize with strong attention to details
- Strong quantitative, analytical, and problem solving skills
Preferred qualifications, capabilities, and skills:
- Fluent in Excel and PowerPoint. Expertise with VBA, Python or similar programming language highly desirable
