Compliance - New Issue Pre-clearance - Associate

The Asset Management Operations - Guidelines New Issue Approvals Team is composed of members from diverse backgrounds, each bringing varying levels of experience, knowledge, and expertise. This team is tasked with responsibilities including new issue approval, post-trade new issue alert review, regulatory reporting, ERISA secondary eligibility review, and liability management.

As an Associate in the Guidelines team you will work as strategic thinker with a strong sense of prioritization and execution, capable of driving process change and building partnerships, who possesses a solid understanding of investment products, exceptional problem-solving skills, and relevant experience in financial markets or investment compliance.
 

Job Responsibilities:

• Provide guidance to NAMR AM Portfolio Management Teams for new securities offerings, bank loans, and tender offers based on applicable laws and regulations.
• Review Daily New Issue Alerts to ensure compliance with issued guidance and escalate any issues related to new securities purchases.
• Report all fixed income and municipal new offerings purchased by U.S. mutual funds under SEC Rule 10f-3 when JPMS or affiliated broker dealers are involved.
• Conduct 23B Reporting for equity, fixed income, and municipal new offerings purchased by accounts with JPMorgan Chase Bank, as required by OCC Regulation W-23B.
• Review terms of securities offering documents to determine ERISA account eligibility for secondary market investments, using Sentinel-driven pre-trade alerts.
• Coordinate with Asset Management Corporate Action teams to provide aggregate tender amounts for ERISA accounts and U.S. Mutual Funds in affiliated corporate actions.
• Own and deliver initiatives to drive efficiency, mitigate risk, and meet regulatory mandates, while maintaining excellent communication with senior business members.

Required qualifications, capabilities and skills:
 

• Possess a strong understanding of investment products and processes, along with the ability to think strategically to create business-led solutions.
• Demonstrate a strong sense of prioritization, urgency, execution, and delivery, with experience in driving process change and efficiencies in a growing business
• Build strong, cohesive partnerships with the Business, Technology, and other key stakeholders, and work effectively in a matrix organization.
• Exhibit innovative and creative thought leadership with exceptional problem-solving and analytical skills, along with a strong oversight and control mindset.
• Hold a Bachelor's Degree (or equivalent) and have minimum 5 years of experience in Financial Markets, Portfolio Management, or Investment Compliance, with knowledge of securities regulatory requirements and the ability to interact with senior Investment personnel.

JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

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.