Job Description
Join us at 55ip, a dynamic intersection of finance and technology, leading the wealth management industry. We're on a mission to revolutionize financial progress for advisors and their clients, with our tax-smart investment strategy engine. Our strategic partnerships with renowned firms like BlackRock and J.P. Morgan have fueled our growth, with over 110 financial advisor firms and $28 billion in assets using 55ip. We're a diverse team of entrepreneurs, product experts, and customer advocates, known for our hustle and commitment to delivering exceptional experiences. As a subsidiary of J.P. Morgan, we're seeking talented team members ready to join us on our journey to becoming an industry standard.
As a Lead Quant Operations Analyst within 55ip, you will be instrumental in the development of our fundamental investment algorithms. Collaborating closely with investment management teams, your role will ensure portfolios align with investment strategies and views, while also confirming the presence of organizational and infrastructure capabilities to support the portfolio management process. Additionally, you will be responsible for the creation and management of a high-performing Quant Operations team, overseeing the delivery of Quant's audit review related documentation and establishing standard operating procedures.
Job responsibilities
- Develop and manage a high-functioning five person Quant Operations team that includes mentoring, setting priorities, and backlog grooming.
- Be responsible for delivering Quant's audit review related documentation and defining standard operating procedures
- Work closely with quantitative researchers and developers, portfolio analysts, and technologists to support and streamline the execution of the Quant team's BAU processes.
- Analyze algorithmic trade suggestions, positioning, risk metrics, etc. to ensure alignment with investment thesis and process, and recognize, evaluate, and reconcile any results that are inconsistent with strategy objectives.
- Investigate research datasets for use in new or existing algorithms.
- Act as a liaison with investment teams and external clients to respond to inquiries and provide deep dive investigations.
- Be responsible for Quant Salesforce backlog of issue/incident/inquires and team adherence to SLA.
- Manage Quant Salesforce BAU queues and execute requests (SMA, UMA, Pine Grove reruns & deep dive investigations)
- Triage Quant Platform issues and handle periodic service needs.
- Supplement Portfolio Analytics team on a on need basis.
Required qualifications, capabilities, and skills
- Formal training or certification on software engineering concepts and 5+ years applied experience
- Prior experience in asset management / trade oversight / portfolio implementation / portfolio management.
- CFA and/or FRM, or currently in progress
- Previous experience managing a small team.
- Experience or ability to work with Saleforce.
- Excellent verbal and written communication skills.
- Strong attention to detail with the ability to conceptualize and learn complex financial data.
- Team Player with a strong work ethic and a diligent, responsible personality.
- Ability to work effectively in a highly collaborative, team-oriented environment.
- Knowledge of basic statistics, strong Excel skills and quantitative capabilities.
- Capable of querying/analyzing data using SQL, Excel, and Tableau.
Preferred qualifications, capabilities, and skills
- BS (MS is a plus) in accounting/finance/economics/statistics
- Experience with investment tools such as BarraOne, Factset, and Bloomberg is preferable.
- Familiarity with Python is a plus.
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 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.
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.
