Investment Banking - Equity Capital Markets, Convertibles - Associate

As an Associate in our Equity Capital Markets (“ECM”), Convertibles team, you will play a key role in originating financing ideas and managing day-to-day execution of convertible bonds, mandatory convertibles, and related equity-linked transactions. You will work closely with senior bankers and corporate clients to evaluate financing alternatives, develop transaction structures and pricing analysis, and deliver client presentations. You will coordinate transaction workstreams across investment banking coverage, syndicate, sales and trading, equity derivatives and internal control functions, while reviewing Analysts’ work and providing day-to-day guidance. You will use your transaction experience and commercial judgment to help build J.P. Morgan’s franchise and reputation in the marketplace. Joining our team means becoming part of our inclusive culture, unified by the firm’s mission and commitment to success.

Job Responsibilities

- Originate, structure and execute convertible bonds, mandatory convertibles, and related equity-linked financing transactions for issuer clients, working closely with senior bankers.
- Identify potential issuer opportunities and financing needs, and develop tailored pitches, RFP responses and financing recommendations for client discussions.
- Partner with industry coverage, syndicate, sales and trading, equity derivatives, debt capital markets, legal, compliance and risk management to develop client solutions and execute transactions.
- Monitor convertible market conditions, investor demand and transaction activity, and translate market intelligence into actionable financing ideas for clients.
- Develop and review financial models, pricing and valuation analysis, accretion / dilution assessments, precedent transactions and investor-targeting analysis for convertible and equity-linked issuances.
- Manage preparation of client and investor presentations and internal committee memoranda, and coordinate due diligence, transaction documentation and legal and accounting workstreams with clients and external advisers.
- Coordinate transaction timetables and day-to-day execution, including launch and pricing preparation
- Review Analysts’ presentation materials, provide coaching and feedback, and maintain high standards of analytical accuracy and execution quality.

Required qualifications, capabilities, and skills

- Bachelor's degree in Accounting, Economics, Engineering, Finance, Math, Statistics, or related field.
- Minimum 3 years of relevant front-office investment banking or capital markets experience, including ideally experience executing convertible or other equity-linked financing transactions.
- Strong accounting, finance, quantitative and business writing skills, with demonstrated financial modelling, valuation and pricing capabilities and proficiency in Excel and PowerPoint.
- Strong understanding of convertible bonds, equity-linked instruments and relevant equity derivatives, including transaction structuring, pricing, accounting and the execution process.
- Excellent written and verbal communication skills, with the ability to present analyses and effectively interact with corporate clients, senior bankers and transaction advisers.
- Ability to manage multiple transaction workstreams and competing priorities in a fast-paced, collaborative team environment, with strong attention to detail and sound judgment.
- Self-directed, highly motivated and able to take ownership of day-to-day execution, work independently and deliver accurate analysis under tight deadlines.
- Demonstrated ability to review junior team members’ work, provide constructive guidance and maintain high-quality deliverables.