At a Glance
- Tasks: Join our European High Yield sales team, collaborating with trading and research to serve clients.
- Company: J.P. Morgan is a global leader in banking and investment services, trusted by clients worldwide.
- Benefits: Enjoy a dynamic work environment, opportunities for mentorship, and exposure to global markets.
- Why this job: Make a significant impact in a fast-paced role while developing innovative trade ideas.
- Qualifications: Previous credit flow sales experience and deep knowledge of leverage finance are essential.
- Other info: This role requires meeting UK regulatory standards and offers a chance to mentor juniors.
The predicted salary is between 72000 - 108000 £ per year.
Exciting opportunity to join our European High Yield sales team at J.P. Morgan, where you will be part of our broader Leverage Finance sales organization. Collaborate closely with our trading, research and syndicate partners to deliver exceptional service to our clients. Leverage your expertise to generate trade ideas and deliver the extensive range of products our global Credit Trading platform offers to accounts, using your excellent sales skills to distinguish yourself and our business from the competition.
Our team covers clients globally for European High Yield Credit products as well as Hedge funds investing across the European Credit spectrum. The European High Yield sales team is part of the broader and integrated Global Leverage Finance sales platform focusing on credit flow and alternative credit products. As a Vice President or Executive Director within the European High Yield Sales team, you will be based in our London office, covering UK/US institutional investors. You will have the unique opportunity to focus on European credit, collaborate closely with various teams, and generate innovative trade ideas. This role allows you to distinguish yourself and contribute significantly to our business.
Job Responsibilities:
- Cover Hedge Funds and dedicated High Yield Asset managers focusing on European credit, with a unique exposure to Investment Grade, High Yield and macro credit product suites.
- Collaborate closely with trading, research, syndicate partners functions to deliver the firm to our client base.
- Market and distribute European High Yield new issues to investors.
- Operate closely with the London-based High Yield sales team and back-up accounts where needed.
- Self-start, generate trade ideas and source opportunities to distinguish yourself and the business from the competition.
Required Qualifications, Capabilities, and Skills:
- Substantial previous credit flow sales experience covering hedge funds and leverage finance investors.
- Deep knowledge of the leverage finance ecosystem, mastering corporate finance fundamentals and leverage finance capital structures.
- Demonstrable experience and aptitude in balancing and influencing outcomes with both internal and external stakeholders’ interests.
- Ability to think on a strategic level and identify future opportunities for business franchise growth in partnership with trading stakeholders across flow and non-flow products.
- Fluent in English.
- Ability to grasp new concepts and products and deliver them to clients.
- Proactive, team player, and detail-oriented approach with appetite to mentor juniors.
- Excellent time management abilities and confident communication skills.
Preferred Qualifications, Capabilities, and Skills:
- Experience in Credit products across the spectrum of cash and derivatives (e.g. index, options, tranches).
- Proven track record of client relationship management.
- Proficiency in a second language a plus.
- Strong analytical and problem-solving skills.
- Ability to work in a fast-paced, dynamic environment.
This role encompasses the performance of UK regulated activity. The successful candidate will therefore be subject to meeting UK regulatory requirements in the assessment of fitness, propriety, knowledge and competence (as assessed by the Firm) and (where appropriate) approval by the UK Financial Conduct Authority and/or the Prudential Regulation Authority to carry out such activities.
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.
European High Yield Credit Sales - Vice President or Executive Director employer: J.P. MORGAN-1
Contact Detail:
J.P. MORGAN-1 Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land European High Yield Credit Sales - Vice President or Executive Director
✨Tip Number 1
Network with professionals in the European High Yield space. Attend industry conferences, webinars, and local meetups to connect with potential colleagues and clients. Building relationships can give you insights into the role and help you stand out.
✨Tip Number 2
Stay updated on market trends and developments in the leverage finance ecosystem. Subscribe to relevant financial news outlets and follow key influencers on social media to ensure you're well-informed and can discuss current events during interviews.
✨Tip Number 3
Demonstrate your sales skills by preparing a few trade ideas or strategies that could benefit J.P. Morgan's clients. Presenting these during networking conversations or interviews can showcase your proactive approach and understanding of the market.
✨Tip Number 4
Familiarise yourself with J.P. Morgan's specific products and services in the High Yield Credit space. Understanding their offerings will allow you to tailor your discussions and show how you can contribute to their success.
We think you need these skills to ace European High Yield Credit Sales - Vice President or Executive Director
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in credit flow sales, particularly with hedge funds and leverage finance investors. Use specific examples to demonstrate your expertise in corporate finance fundamentals and capital structures.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the European High Yield market and your ability to generate innovative trade ideas. Mention your collaborative skills and how you can work closely with trading and research teams to deliver exceptional service.
Highlight Key Skills: In your application, emphasise your strategic thinking abilities and your experience in client relationship management. Make sure to mention any proficiency in additional languages, as this could set you apart from other candidates.
Proofread and Edit: Before submitting your application, thoroughly proofread your documents for any errors or inconsistencies. A polished application reflects your attention to detail and professionalism, which are crucial in a fast-paced environment like J.P. Morgan.
How to prepare for a job interview at J.P. MORGAN-1
✨Showcase Your Sales Expertise
Be prepared to discuss your previous sales experience in detail, especially focusing on hedge funds and leverage finance investors. Highlight specific examples where you successfully generated trade ideas or distinguished yourself from competitors.
✨Demonstrate Industry Knowledge
Familiarise yourself with the leverage finance ecosystem and corporate finance fundamentals. Be ready to discuss current trends in European High Yield Credit and how they might impact clients, showcasing your ability to think strategically.
✨Emphasise Collaboration Skills
Since this role involves working closely with trading, research, and syndicate partners, prepare examples that illustrate your ability to collaborate effectively. Discuss how you've balanced interests between internal and external stakeholders in past roles.
✨Prepare for Regulatory Questions
Understand the UK regulatory environment and be ready to discuss how your experience aligns with the requirements for regulated activities. This shows your awareness of compliance and your readiness to meet industry standards.