Asset Management - Institutional Contract Specialist - Vice President
Aumni
Job Description
As a Contract Specialist you will be principally responsible for working with Institutional North America and Insurance clients, and with a broad range of internal stakeholders to facilitate new and existing client business through the drafting and negotiation of Investment Management Agreements (“IMAs”) and other client onboarding agreements and documentation.
This role provides an exciting opportunity for the candidate to help align the firm’s global client onboarding processes as well as streamline the management and negotiation of client onboarding documentation.
Job Responsibilities
The Contract Specialist will focus on being an effective transaction manager by performing the following functions:
- Drafting of JPMAM IMAs, Participation Agreements and related contractual and non-contractual documentation;
- Reviewing and negotiation of client form template agreements, investment guidelines, fee schedules as well as service level agreements and investment policy statements
- Collaborating closely with other internal groups throughout the firm (i.e. Investment Specialists, Product Teams, Operations, Compliance, Fee Billing, etc.) to get input on various provisions to help resolve complex legal and operational issues
- Identification and consolidation of potential issues and roadblocks in agreements that may pose investment, operational, or legal risks to the firm
- Obtaining a robust understanding of the business practices associated with JPMAM’s multiple asset classes and product groups, the internal views on the various terms in the agreements, and the risk associated with agreeing to deviations from standard terms
- Partnering with client business and Legal in negotiations with clients directly, or the client’s legal counsel to ensure all potential issues and roadblocks are resolved to a mutually beneficial position for both the client and the JPMAM
- Working closely with the investment teams to ensure that investment guidelines and other investment criteria for each client mandate correctly and accurately reflect both the client and the firm’s investment intention
Required qualifications, capabilities, and skills
- A legal background or qualification with asset management or financial services knowledge and in-depth experience drafting contractual documentation within the asset management or financial services industry is strongly preferred
- Bachelor’s Degree (BA) required
- 5+ years drafting and negotiating Investment Management Agreements or related buy-side documentation
- Knowledge of the asset management industry (fund types, client base and strategies, operational set up and products) and applicable law and regulations
- Excellent communication and presentation skills (both oral and written) and an ability to clearly articulate complex issues
- Ability to work effectively in a fast-paced environment and to remain composed and organized under time-sensitive deadlines
- Team player, collaborative and is able to build consensus amongst a broad range of stakeholders
Preferred qualifications, capabilities, and skills
- Juris Doctor Degree (optional)
About Us
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 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 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.