Relative Value/Macro Hedge Fund Associate - London

Relative Value/Macro Hedge Fund Associate - London

London Full-Time 54000 - 66000 £ / year (est.) Home office (partial)
JP Morgan Chase

At a Glance

  • Tasks: Enhance hedge fund portfolios using your quantitative and qualitative skills.
  • Company: Join J.P. Morgan, a global leader in financial services.
  • Benefits: Competitive salary, diverse work environment, and career growth opportunities.
  • Other info: Dynamic team culture with a focus on diversity and inclusion.
  • Why this job: Make a real impact in the world of alternative investments.
  • Qualifications: Experience in investment management and strong coding skills in Python.

The predicted salary is between 54000 - 66000 £ per year.

J.P. Morgan Asset Management is the world’s third-largest alternatives manager, with a 40-year history of delivering innovative alternative solutions across market cycles. Our alternative investment engines are managed by highly specialized independent teams, backed by the global reach, vast resources and robust governance of J.P. Morgan Asset Management. Our alternative strategies are designed to achieve specific client outcomes and built to deliver uncorrelated returns to traditional asset classes. Customized alternative portfolios can be tailored to individual client needs. We offer strategies across the alternative investment spectrum, including real estate, private equity and credit, infrastructure, transportation, liquid alternatives and hedge funds.

As an Asset Management - Relative Value/Macro Hedge Fund Analyst- Associate within J.P. Morgan Alternative Asset Management, you will be responsible for applying your quantitative and qualitative skills, experience, and informed judgment to enhance the performance of our client hedge fund portfolios. You will work within the manager research group on all aspects of manager sourcing, due diligence, and analysis of third party relative value and macro hedge funds. You will collaborate with a team of analysts in their ongoing selection of hedge funds for various multi-manager portfolios as well as in their due-diligence relating to the existing suite of third party funds. In this role, you will be responsible for a significant amount of formal written analysis and project management.

Job Responsibilities

  • Source and perform quantitative and qualitative investment due diligence on prospective Relative Value/Macro hedge fund investments and strategies.
  • Analyze portfolio fit for new investments.
  • Make recommendations to JPMorgan Alternative Asset Management’s Investment Committee and portfolio managers regarding the use of hedge fund managers and strategies in client portfolios.
  • Perform ongoing due diligence on approved hedge fund managers – analyzing returns, attributions, sources of risk and return, etc.
  • Perform ad hoc analysis in support of the Relative Value/Macro team.
  • Help to design and implement tools that improve team efficiency.

Required qualifications, capabilities and skills

  • The ideal candidate will be a self-starter with experience in the investment management industry.
  • Significant experience coding in Python and using Microsoft Excel for numerical analysis.

Preferred qualifications, capabilities and skills

  • A passion for global financial markets and a demonstrated comprehension of alternative investments.
  • The analyst must be able to work independently, will have exceptional communications skills (both written and verbal), and will be well-versed in financial concepts.
  • Trading experience, a solid understanding of derivatives and the structure of financial markets are a strong plus, although not required.
  • A natural curiosity, attention to detail, ability to multi-task, and an extremely strong work ethic are essential requirements for success in this position.

J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives. 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.

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.

Full time

Posting Date: 2026-06-29

Relative Value/Macro Hedge Fund Associate - London employer: JP Morgan Chase

At J.P. Morgan, we pride ourselves on being an exceptional employer, particularly within our Global Financial Crimes Compliance team in EMEA. Our commitment to diversity and inclusion fosters a collaborative work culture where employees are empowered to grow and develop their skills in a dynamic environment. With access to comprehensive training and the opportunity to engage with a wide range of financial services, you will find meaningful and rewarding career advancement in a company that values your contributions.

JP Morgan Chase

Contact Details:

JP Morgan Chase Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Relative Value/Macro Hedge Fund Associate - London

Tap into Campus Networks

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We think you need these skills to ace Relative Value/Macro Hedge Fund Associate - London

Quantitative Analysis
Qualitative Analysis
Investment Due Diligence
Python Programming
Microsoft Excel
Portfolio Management
Financial Market Knowledge

Some tips for your application 🫡

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How to prepare for a job interview at JP Morgan Chase

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with JP Morgan Chase.

Prepare for Case Studies

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Show Your Passion for Finance

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