CB Associate 1st Year/2nd Year - Corporate Client Banking & Specialized Industries - FIG - New York, NY
The Corporate Client Banking & Specialized Industries (CCBSI) group at J.P. Morgan focuses on U.S. companies with revenues in excess of $500 million which require both traditional commercial banking services in addition to investment banking products. Our competitive advantage is that we cover the market in a truly unique way – through a partnership between our Corporate and Investment Bankers, who together build relationships with our clients to offer tailored financial solutions.
The Financial Institutions Group is part of Corporate Client Banking within the Commercial Bank and is responsible for managing relationships with Banks, Thrifts and Credit Unions with assets up to $25 Billion. We provide solutions to clients and prospects including: 1) Corporate Finance (Capital Raising, Securitization and M&A); 2) Interest Rate Risk Management; 3) Holding Company credit needs; 4) Bank Level credit (letters of credit, Overnight Liquidity lines); and 5) Treasury Services (deposit management, image cash letter, vault services, funds transfer and balance reporting).
The position is primarily geared to providing leadership to deal teams and accountability for pitch book preparation and transaction execution, while ensuring coordination among analysts, senior deal team members, and credit underwriting. The Associate would also support the Debt Capital Markets team from initial pitch phase to execution. As a member of the team, the position plays an integral part to help gain, manage and maintain client relationships in the Northeast region.
The ideal Candidate will have 3-5 years of Corporate Banking or Investment Banking experience with a strong corporate finance background. The ideal Candidate will also have the ability to identify and assess credit transaction risks, structuring and documentation of credit requests.
The final level of the position will be determined at the time of an offer.
- Ideal Candidate will have 3-5 years of Corporate Banking or Investment Banking experience with a strong corporate finance / credit background
- Candidate that has attended a Commercial or Investment Banking Analyst Training Program preferred
- Collaborate with credit underwriting team on analysis, structuring and documentation of credit requests and must have strong credit, analytical, and modeling skills
- Knowledge of Investment Banking products and preferably execution experience. Position will provide support around capital structure analysis concentrating on syndicated leveraged finance transactions, interest rate and currency hedging, high grade and high yield bonds, and asset backed securities
- Work with Relationship Managers to help generate new revenue opportunities either from prospects or existing clients
- Excellent problem solving, oral and written communication skills
- The ability to be a highly motivated, productive team player. Partnership skills are essential as work will often overlap with industry partners, product partners and investment banking teams
- Highly organized, detail-oriented and proactive
- Outstanding ethics, integrity and judgment
- Superior Excel and Power Point skills
- Excellent reviews and referrals from your current manager and peers
- Series 79 and 63 licensed (or must obtain)