Asset Management, Highbridge, US Research Analyst, Associate
Apply NowCompany: JP Morgan Chase & Co.
Location: New York, NY 10025
Description:
Job Description
Highbridge Capital Management, LLC, founded in 1992, is a global alternative asset management firm. Over the years, it has developed a diversified investment platform that includes hedge funds, co-investment vehicles, and committed, closed-end vehicles designed for longer-term holding periods.
Today, Highbridge distinguishes itself as a credit, relative value and volatility-focused franchise, with the flexibility to invest opportunistically across the capital structure and liquidity spectrum. Currently managing over $4 billion in capital, the firm strives to generate attractive risk-adjusted returns for a financially sophisticated clientele, including institutional investors, public and corporate pension funds, sovereign wealth funds, endowments, foundations, and family offices. Headquartered in New York, Highbridge also operates an office in London.
Highbridge Capital Management is seeking an Associate focused on fundamental research reporting to Highbridge's US Head of Performing Credit. This team is responsible for the underwriting of Highbridge's credit and volatility investments and the negotiation and structuring of its event driven, new money and special situations investments as well as their work outs, restructurings and corporate actions. The role will focus on investments that are capitalized by, but not limited to, Highbridge's flagship credit and volatility fund, the Highbridge Tactical Credit Fund ("HTCF"), as well as those that are intended to be capitalized by Highbridge's closed-end opportunistic investment vehicles.
Job Responsibilities
The Associate will play an important role in the underwriting process, collaborating with various members of the investment team. Key responsibilities will include, but not be limited to, the following:
Required Qualifications, Capabilities and Skills:
About Us
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 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
About the Team
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.
Highbridge Capital Management, LLC, founded in 1992, is a global alternative asset management firm. Over the years, it has developed a diversified investment platform that includes hedge funds, co-investment vehicles, and committed, closed-end vehicles designed for longer-term holding periods.
Today, Highbridge distinguishes itself as a credit, relative value and volatility-focused franchise, with the flexibility to invest opportunistically across the capital structure and liquidity spectrum. Currently managing over $4 billion in capital, the firm strives to generate attractive risk-adjusted returns for a financially sophisticated clientele, including institutional investors, public and corporate pension funds, sovereign wealth funds, endowments, foundations, and family offices. Headquartered in New York, Highbridge also operates an office in London.
Highbridge Capital Management is seeking an Associate focused on fundamental research reporting to Highbridge's US Head of Performing Credit. This team is responsible for the underwriting of Highbridge's credit and volatility investments and the negotiation and structuring of its event driven, new money and special situations investments as well as their work outs, restructurings and corporate actions. The role will focus on investments that are capitalized by, but not limited to, Highbridge's flagship credit and volatility fund, the Highbridge Tactical Credit Fund ("HTCF"), as well as those that are intended to be capitalized by Highbridge's closed-end opportunistic investment vehicles.
Job Responsibilities
The Associate will play an important role in the underwriting process, collaborating with various members of the investment team. Key responsibilities will include, but not be limited to, the following:
- Underwrite credit, volatility, and relative value investments while providing daily oversight of existing exposures
- Develop proprietary models to assess the creditworthiness of an issuer
- Conduct thorough primary research, including expert due diligence calls and discussions with management.
- Perform quantitative analyses focusing on the microeconomics of a businesses, recovery assessment, and valuation work
- Collaborate with the trading desk to support daily investment decisions
- Condense and synthesize analysis into concise memos that articulate the risk/reward proposition for Portfolio Manager review
- Monitor daily news flow and maintain contact with Management teams for current and prospective investments
- Assess potential deal dynamics and underwrite financing opportunities
- Lead industry expert due diligence calls
Required Qualifications, Capabilities and Skills:
- Experience: 2-5 years in investment banking, advisory, or buyside credit /special situation investing
- Education: A degree in Finance, Economics, Engineering or a related quantitative field
- Strong Intellectual Capacity: Must possess a comprehensive understanding of trading, investing, and capital markets as well as corporate accounting and finance
- Financial Acumen: Debt documentation review (indentures, credit agreements) with a focus on covenant review, instrument mechanics and financing capacity
- Proficiency in Enterprise Valuations: using DCF, M&A frameworks and comparable analyses
- Outstanding Quantitative and Analytical Abilities: Demonstrated proficiency in quantitative analysis and problem-solving
- Meticulous Attention to Detail: A commitment to precision and adherence to disciplined processes is essential
- Effective Communication Skills: Strong verbal and written communication abilities to engage effectively with internal and external stakeholders
- Collaborative and Adaptable Team Player: Excels in a dynamic, global team environment and embraces collaboration
- Entrepreneurial Mindset: Brings energy, intellectual curiosity, and a strong dedication to drive results
About Us
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 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
About the Team
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.