Asset Management Product Development (ALTs) - Executive Director
JPMorganChase
JPMorgan Asset Management delivers a comprehensive suite of alternative investment solutions, spanning private equity, private credit, real estate, infrastructure, hedge funds, and liquid alternatives. Its private equity offerings include direct investments, secondaries, and co-investments globally, while private credit covers senior loans, mezzanine, and opportunistic strategies. The firm’s real assets expertise includes core and value-add real estate and infrastructure across energy, transportation, and digital sectors. Hedge fund capabilities feature multi-strategy, long/short equity, event-driven, and global macro approaches.
Job Summary:
As a Product Development (ALTs) Executive Director on the Asset Management Product Development team you will lead the development and enhancement of alternative investment products for private wealth and retail channels. You responsible for driving new product initiatives, market expansion, and strategic partnerships across the Americas, working closely with cross-functional teams to deliver innovative solutions in the alternatives space.
Job Responsibilities:
Product Development
- Lead cross-functional teams to develop and launch new alternative investment products, with a focus on expanding private wealth alternatives offerings.
- Enhance and restructure existing funds, including mergers and liquidations, to ensure continued competitiveness and alignment with investor needs.
- Analyze competitor offerings, market trends, and investor demand to inform product strategy and identify opportunities for differentiation.
Product Structuring & Regulatory Management
- Design and structure investment vehicles, including interval funds, tender offer funds, and retail 3c7 funds, to meet regulatory requirements, operational efficiency, and investor accessibility.
- Define and manage product naming, pricing, share class strategy, capacity management, and seed capital processes.
- Assess and implement regulatory changes impacting alternative funds across the Americas, including SEC co-investment exemptive relief and evolving regulations for the inclusion of alternative investments in retirement plans.
Collaboration & Governance
- Collaborate with internal teams (alternatives investment teams, distribution, operations, technology, marketing, finance) to support product buildout and ongoing management.
- Conduct ongoing reviews of fund performance, fees, and optimization opportunities for governance forums and Fund Boards.
- Prepare and deliver presentations on product initiatives to internal governance forums and senior leadership.
Required Qualifications, Attributes and Skills
- Bachelor’s degree required; advanced degree (MBA, CFA, CAIA, or equivalent) preferred.
- 12+ years of experience in product development or structuring within alternative asset management, with expertise in interval funds, tender offer funds, and retail 3c7 funds.
- Strong knowledge of regulatory requirements, including SEC co-investment exemptive relief and rules for alternatives in retirement plans.
- Demonstrated ability to lead cross-functional teams and manage complex product launches.
- Excellent analytical, organizational, and communication skills.
- This role could also be for a seasoned VP with seven or more years of experience at a lower, yet still competitive salary range
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.
The Asset Management Product Development team is hiring a Product Development Lead (ALT's) in New York, NY.