The Corporate Responsibility (CR) Department develops goals, policies and initiatives that support the Firm's business strategies, reflect our values, and support the communities where we do business. We know that financial products, in addition to philanthropy, are a critical and sustainable force for good, generating scalable social and environmental impact to address the world's most pressing challenges.
To that end, Impact Finance & Advisory (IFA), as part of Corporate Responsibility, deploys the Firm's principal capital to support the philanthropic objectives noted above and strategic initiatives such as our $30bn Racial Equity Commitment. IFA has built out a multi-asset impact investing and lending platform to advance these objectives. The team makes low-cost loans to mission-driven financial intermediaries, such as Community Development Financial Institutions (CDFIs); it also makes equity investments in funds and early-stage, mission-driven companies that advance the Firm's impact objectives. For more information on the team and its portfolio, please visit https://www.jpmorganchase.com/impact/our-approach/impact-finance .
The team's investments span multiple themes (Affordable Housing, Small Business, Financial Health, the Future of Work, and Sustainability), and contribute to strategic Firm commitments such as the $30bn Path Forward , a commitment to advance racial equity.
Job Responsibilities
The team is looking for an experienced investment management professional with experience in equity fund diligence who is eager to leverage their financial acumen to drive social good.
The Impact Finance & Advisory team invests JPMC's capital to advance its impact objectives across five areas of focus: Careers and Skills, Financial Health & Wealth Creation, Community Development, Business Growth & Entrepreneurship, and Environmental Sustainability.
As a Vice President on the Equity Fund investing team, you will originate, structure, and execute new LP investments in equity and credit funds. You will play a critical role in the scaling of strategy for the group and engage with senior stakeholders across JPMC.
Help drive transaction sourcing, evaluation, and portfolio management
Serve as relationship manager and primary point of contact with prospective fund managers, and fund managers in the portfolio
Lead new fund due diligence process including investment due diligence and operational due diligence
Prepare materials for, and lead presentations to, the Impact Finance Investment Committee
Lead portfolio management processes, including periodic due diligence, reporting and fund modeling (including performance analysis, benchmarking and valuation)
Conduct impact assessments for each investment opportunity, partnering with colleagues in Global Philanthropy
Required qualifications, capabilities, and skills
A demonstrated passion for social enterprise, development finance, and/or sustainability
7+ years of experience in a fund-of-funds investment role, or in an equity fund diligence role, with a preference for candidates with additional experience in investment banking
Experience with Affordable Housing, SBIC, or Venture Capital funds preferred
Comfort leading execution of equity fund investment transactions
Ability to independently formulate business strategy, construct compelling narratives, and present to senior executives
Entrepreneurial spirit and comfort with ambiguity
Act with urgency, initiative, and ownership to drive results
JPMorgan Chase & Co., 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 and perspectives that 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. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs. (If you are a US or Canadian applicant with a disability and wish to request an accommodation to complete the application process, please contact us by calling the Accessibility Line (US and Canada Only) 1-866-777-4690 and indicate the specifics of the assistance needed.)
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and 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.
JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans
Base Pay/Salary
New York,NY $142,500.00 - $225,000.00 / year