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 broad market, long duration, stable value, intermediate high yield, emerging market debt, short and ultra-short duration, global bonds, structured products, mortgages and tax-aware strategies.  The Securitized Credit Research team within Global Fixed Income, Currency & Commodities is responsible for fundamental investment research and analysis across $80+bn in securitized credit AUM across the spectrum of the securitized credit assets, including ABS, CMBS, non-agency RMBS, and CLOs.  

As a Research Analyst on the Securitized Credit team, you will conduct fundamental and quantitative research to drive investment performance across the various securitized credit sectors for GFICC’s strategies. 

Job Responsibilities

Conduct thorough sector and issuer due diligence, tracking trends, performance, and macroeconomic drivers to formulate investment recommendations for sectors and individual securitiesLeverage quantitative and programming skills to aggregate and analyze large data sets (e.g. loan-level, collateral performance) to identify trends and test investment hypothesesDevelop and maintain models to enhance investment analysis and forecast performance for consumer or real-estate related assetsFormulate buy/sell recommendations in both new issue and secondary markets and effectively communicate them to the broader investor community, including through written credit opinionsActively monitor market themes and sector trends to identify investment opportunities and enhance surveillance tools and processes through automation and data analysisBuild and maintain relationships with both internal and external participants, including portfolio managers, investment specialists, issuers, rating agencies, and broker-dealers

 

Required qualifications, capabilities and skills

Minimum of 3 years of securitized credit experience across one or more sub-sectorsStrong programming skills (e.g. Python or R) are required, with demonstrated ability to analyze large datasetsKnowledge of one or more securitized sectors including ABS, CMBS, RMBS and CLOKnowledge of Intex and/or TreppStrong analytical and problem-solving skillsExcellent written and verbal communication skills, with the ability to communicate concisely under typically stringent time constraintsDemonstrated ability to work effectively in a team-oriented environment and manage multiple tasks

 

Preferred qualifications, capabilities and skills

Ideal experience as a research analyst, quantitative analyst, portfolio manager, banker, structurer, or trader