Asset Management - Relative Value/Macro Hedge Fund Analyst - Associate

Location: New York, NY, United States

Job Family: Portfolio Management

About the Role

At JP Morgan Chase, we are a leading global financial services firm with a proud history of innovation in asset management. As a Relative Value/Macro Hedge Fund Analyst - Associate in our Portfolio Management team, you will play a pivotal role in enhancing the performance of client hedge funds through sophisticated quantitative analysis. Based in our dynamic New York office, you will leverage cutting-edge tools and data to dissect relative value opportunities and macro trends, contributing to strategies that drive alpha generation while mitigating risks in a competitive landscape. This position offers the chance to work alongside seasoned professionals in one of the world's most influential financial institutions, where your insights directly impact high-profile client portfolios. Your day-to-day responsibilities will involve developing advanced models to evaluate hedge fund strategies, conducting rigorous backtesting, and providing actionable recommendations to portfolio managers. You will analyze global market dynamics, from interest rate fluctuations to geopolitical events, ensuring that client investments are positioned for optimal returns. Collaboration is key; you will partner with cross-functional teams to integrate quantitative findings into broader asset management frameworks, all while adhering to JP Morgan Chase's stringent compliance and ethical standards. This role demands a blend of technical expertise and strategic thinking, ideal for professionals passionate about the intersection of finance and technology. Joining JP Morgan Chase means becoming part of a culture that values diversity, innovation, and professional growth. We offer unparalleled resources for career advancement, including access to proprietary research platforms and mentorship from industry leaders. In this Associate-level position, you will not only apply your skills to real-world challenges but also gain exposure to the full spectrum of hedge fund operations, positioning yourself for future leadership roles in asset management. If you thrive in a fast-paced environment and are committed to delivering exceptional value to clients, this opportunity at JP Morgan Chase will allow you to make a meaningful impact in the financial services industry.

Key Responsibilities

• Apply quantitative models to analyze and optimize relative value and macro strategies for client hedge funds
• Conduct in-depth research on market trends, macroeconomic factors, and asset correlations to inform investment decisions
• Develop and maintain financial models for portfolio performance evaluation and risk assessment
• Collaborate with portfolio managers to enhance hedge fund returns while managing downside risks
• Perform attribution analysis to identify drivers of portfolio performance and recommend adjustments
• Monitor global market events and their impact on hedge fund positions, providing timely insights
• Support client reporting by preparing detailed analytics on strategy effectiveness and alpha generation
• Utilize advanced tools to backtest strategies and simulate various market scenarios
• Contribute to team initiatives for process improvements in asset management workflows
• Ensure compliance with JP Morgan Chase's internal policies and industry regulations

Required Qualifications

• Bachelor's degree in Finance, Economics, Mathematics, or a related quantitative field
• Minimum of 2-3 years of experience in hedge fund analysis, portfolio management, or quantitative finance
• Strong understanding of relative value strategies and macro hedge fund operations
• Proficiency in financial modeling and quantitative analysis techniques
• Experience with risk management and performance attribution in investment portfolios
• Ability to work in a fast-paced, high-stakes environment within the financial services industry
• CFA or equivalent certification in progress or completed

Preferred Qualifications

• Advanced degree (Master's or PhD) in a quantitative discipline
• Prior experience at a top-tier investment bank or hedge fund like JP Morgan Chase
• Familiarity with Bloomberg Terminal and other financial data platforms
• Knowledge of regulatory requirements in asset management (e.g., SEC guidelines)
• Proven track record in enhancing hedge fund performance through data-driven insights

Required Skills

• Quantitative analysis and statistical modeling
• Financial modeling with Excel and VBA
• Proficiency in Python or R for data analysis
• Knowledge of derivatives, fixed income, and equities
• Risk management and stress testing
• Macroeconomic forecasting
• Portfolio optimization techniques
• Data visualization tools like Tableau
• Strong analytical and problem-solving abilities
• Attention to detail and accuracy in reporting
• Effective communication for presenting complex ideas
• Team collaboration in high-pressure settings
• Adaptability to volatile market conditions
• Regulatory compliance awareness
• Time management and prioritization skills

Benefits

• Competitive base salary and performance-based bonuses aligned with financial services standards
• Comprehensive health, dental, and vision insurance coverage for employees and families
• 401(k) retirement savings plan with generous company matching contributions
• Paid time off, including vacation, sick days, and parental leave
• Professional development programs, including tuition reimbursement and CFA support
• Wellness initiatives, such as gym memberships and mental health resources
• Employee stock purchase plan and other financial wellness benefits
• Flexible work arrangements and relocation assistance for New York-based roles

JP Morgan Chase is an equal opportunity employer.