Investment Banking - Liability Management - Analyst

About J.P. Morgan’s Corporate & Investment Bank J.P. Morgan’s Corporate & Investment Bank (CIB) is a global leader across banking, markets and investor services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. We deliver strategic advice and solutions for capital raising, risk management and liquidity across global markets. J.P. Morgan is the global leader in Liability Management. Sitting within Debt Capital Markets, the Liability Management team is responsible for originating, structuring and executing transactions which enable issuers to restructure, or retire, debt obligations as business strategies, objectives and market conditions evolve. The team advises both corporate and financial sponsor clients across the ratings spectrum on their debt capital structure in the context of M&A, leveraged buyouts, refinancings, debt load management, covenant amendments, stressed/distressed situations and balance sheet optimization. The team executes these strategies via tender offers, exchange offers, consent solicitations and debt buybacks. Additionally, we partner with various teams across the investment bank, including capital markets, corporate finance, sales and trading and M&A to provide clients with comprehensive solutions. This role is for an Analyst in the Liability Management team. Overview of responsibilities: Assist with creating pitch materials

Monitor liability management opportunities for clients

Drive processes relating to the origination, structuring and execution of liability management transactions

Interact with multiple parts of the bank, as well as external parties such as issuers (C-suite and Treasury teams), counsels and third-party agents

Review and analyze bond indentures and legal documentation associated with liability management transactions

Build quantitative debt liability management models and maintain key materials such as databases

Develop a deep understanding of factors (NPV, break-even, maturity profile management, covenant impact, accounting and tax impact, credit rating impact, bondholder composition, etc.) driving corporate finance decision-making

Develop specific knowledge of the various liability management tools available to issuers

0-2 years of capital markets, or investment banking or related experience

Strong financial modeling, finance, quantitative and business writing skills

A well-rounded academic background from a top tier educational institution

Impeccable communication skills with ability to effectively interact with senior professionals, clients and key stakeholders in other lines of business

Comfortable working in a high-pressure environment, possessing superior organizational skills and ability to efficiently multi-task across various deliverables

Experience with debt products / bond math is a plus

Analysts function as fully integrated team members, in a flat structure that allows for direct client interaction and working directly with MDs, EDs, VPs, and Associates. Qualifications: 0-2 years of capital markets, or investment banking or related experience

Strong financial modeling, finance, quantitative and business writing skills

A well-rounded academic background from a top tier educational institution

Impeccable communication skills with ability to effectively interact with senior professionals, clients and key stakeholders in other lines of business

Comfortable working in a high-pressure environment, possessing superior organizational skills and ability to efficiently multi-task across various deliverables

Experience with debt products / bond math is a plus

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

J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.