JPMorgan Chase Associate, Financial Sponsors Group - Commercial Bank - Chicago, IL; Los Angeles, CA; or New York, NY in Los Angeles, California

The Financial Sponsors Group (FSG) is part of Credit Markets within Commercial Banking. FSG will source opportunities with a targeted number of Private Equity Groups (“PEGs”) by offering the full breath of JP Morgan capabilities (i.e. credit, treasury, derivatives, capital markets, investment banking, etc.) and identifying cross sell opportunities to capture a broader wallet share of the PEG portfolio companies. FSG will focus on PEG owned U.S. and Canadian-based clients and prospects of Commercial Banking. These companies generally will have sales between $50 million and $750 million.

In addition to its responsibilities in covering PEGs, FSG will assist Middle Market Banking and Specialized Industries (“MMBSI”) in evaluating leveraged financing and enterprise value lending opportunities to portfolio companies of PEGs. The team will also provide analytical and due diligence support to our partners in Middle Market Banking and Credit as they evaluate new client and prospect conversion opportunities arising from PEG referrals.

Role

As a FSG Associate, you'll be expected to perform as a fully contributing member of the FSG PEG coverage team and will be exposed to a variety of industries and businesses. The primary role of the Associate is to provide relationship and analytical support for senior team members in FSG calling on PEGs. Additionally, Associates within FSG evaluate complex debt transactions for portfolio companies owned by PEGs.

Responsibilities

Origination:

  • Provide PEG relationship management and analytical support to senior team members.

  • Develop and prepare marketing materials and presentations.

  • Conduct general industry research regarding PEGs, including fund raising, acquisition and divestiture activity, leverage multiples, valuation multiples, existing lender relationships, history of lender losses, evaluation of fund’s current portfolio companies, credit culture, fees paid historically, etc.

  • Perform ad hoc research, at the direction of FSG originators, on middle market financial sponsors and their investment portfolio to support ongoing calling and marketing efforts.

  • Working with senior team members, build relationship plans for PEGs and determine positioning.

  • Prioritize and monitor existing MMBSI PEG owned clients and high priority prospects to identify opportunities.

Transaction Execution:

  • Development of financial models, debt capacity, and scenario analysis used to pre-screen transactions.

  • Preparation of pre-screen memos.

  • Initial preparation of proposal letters and term sheets.

  • Conduct high level industry analysis and due diligence.

  • Prepare due diligence check lists.

  • Process and execute confidentiality agreements.

  • Provide ongoing support to FSG team members and Middle Market Credit through transaction closing as required.

  • Review credit documentation to assure consistency of terms across different transactions with the same PEG.

Data Management:

  • Update relationship database to incorporate new information on PEGs and PEG portfolio companies.

  • Generate reports and presentations as required for communication to business stakeholders including Investment Bank, Middle Market Banking & Credit and Commercial Banking Senior Management.

  • Assure all databases and pipeline information is current and up to date.

  • Bachelor’s degree required

  • Minimum of 24 months of lending and credit related experience in the financial services industry

  • Completion of a formal bank Credit Training Program preferred

  • Well organized and able to multitask and meet deadlines in a fast-paced environment

  • Working knowledge of Commercial Banking, credit and debt capital markets products

  • Excellent financial modeling and analytical skills

  • Strong credit acumen and knowledge

  • FINRA Series 63 & 79 will be required for this position. Candidates who are not currently licensed will be required to obtain those within 180 days of start date. Any securities licenses actively held, but not required for the position, will not be carried by JPMorgan Securities LLC

The final officer title and job grade is at the discretion of the firm and will be discussed at the time of offer. It may be different than what is listed on the requisition based on candidate experience level.

JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.