Asset Management - Municipal Portfolio Manager - Executive Director
JPMorganChase
The Global Fixed Income, Currency and Commodities team (GFICC) at J.P. Morgan Asset Management is one of the world’s deepest and best-resourced fixed income managers, with expertise across all major fixed income sectors, including niche markets. Every investment decision in our fixed income solutions is underpinned by the proprietary research of a globally integrated team of sector specialists. Our shared research language, combining fundamental, quantitative valuation and technical inputs, facilitates the comparison of ideas across sectors and geographies. Global Fixed Income, Currency and Commodities manages a broad range of strategies, through funds and/or separate accounts, including investment grade credit, high yield, emerging market debt, unconstrained and aggregate strategies, long duration, stable value, FX, short duration, global bonds, structured products, mortgages and tax-aware strategies. Our team puts clients first so we are looking for candidates that share our enthusiasm for delivering a first class client experience through an engaging and proactive sales approach.
As a senior Municipal Portfolio Manager on our Fund and ETF team, you will help manage our high yield allocation across strategies, streamline a framework for utilizing leverage and assist with bespoke deal structuring.
Job Responsibilities
- Help source, evaluate, negotiate and execute bespoke deals.
- Manage utilization of municipal leverage across strategies.
- Blend internal macro views with bottom-up credit recommendations to position portfolios to outperform competitors and benchmark.
- Collaborate closely with the research and trading teams to identify market trends, analyze individual credits, and assess relative value across securities.
- Communicate positioning, performance drivers, and risk management to internal/external stakeholders.
- Contribute to the ongoing development of portfolio and risk management tools.
Required qualifications, capabilities and skills
- 7+ years of portfolio management, municipal credit or investment banking experience.
- Fluent in credit analysis, documentation, and deal diligence.
- Solid decision-making skills and risk management capabilities.
- Strong understanding of market technicals, relative value frameworks, and muni regulatory/tax landscape.
- Excellent responsiveness and problem-solving skills with a high attention to detail.
- Must possess exceptional communication skills both written and oral.
- Independent thinker, collaborative teammate.
- Bias for action and accountability.
- Comfortable in fast-paced, high-ownership environment.
- Analytical, commercially minded, and detail-oriented.
Preferred qualifications, capabilities and skills
- High yield focus preferred.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of 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/Veterans
J.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.
Great opportunity to join the Municipal Portfolio Management team.