Women Wave

Impact Finance - Vice President, Fund Investing at JPMorganChase

Locations:
875 15Th St Nw, Washington, DC, 20005, US
237 Park Ave, New York, NY, 10017, US

Job Schedule: Full time

Base Pay/Salary:Washington, DC $142,500.00-$225,000.00; New York, NY $142,500.00-$225,000.00

Job Description

Join the Impact Finance (IF) team as a Vice President of Fund Investing to support capital deployment to partners focused on fostering healthy, resilient communities, and a strong economy.

As a Vice President on the Impact Finance team you will play a key role in advancing the firm’s principal impact investing strategy. In this position, you will help originate, structure and execute new investments in private equity and private credit funds that support meaningful social outcomes. You will work closely with senior stakeholders across the firm, contributing to the growth and direction of our impact platform.

IF invests the firm’s principal capital to advance JPMorgan Chase's impact objectives with a focus on four key issue areas: Careers and Skills, Financial Health & Wealth Creation, Community Development, and Business Growth & Entrepreneurship. IF operates as a multi-asset impact investing and lending platform and its products include: low-cost loans to mission-driven financial intermediaries, such as Community Development Financial Institutions (CDFIs), investments as a Limited Partner in funds, and investments in early-stage, mission-driven companies.

Job Responsibilities

• Lead the sourcing, evaluation and management of a diversified portfolio of mission-driven fund investments
• Serve as relationship manager and primary point of contact for prospective and existing fund managers
• Own due diligence for new funds, including investment and operational diligence
• Prepare and present investment materials to the Impact Finance Equity Investment Committee, influencing key allocation decisions
• Lead negotiations with counterparties on investment terms and legal agreements
• Support ongoing portfolio management, including serving on LPACs and conducting performance analysis, benchmarking and valuation reviews
• Collaborate with colleagues across Corporate Responsibility and Lines of Business to help set and align strategic objectives
• Conduct impact assessments for each investment opportunity, partnering with colleagues in Global Philanthropy

Required qualifications, capabilities, and skills

• 7+ years of experience in a fund-of-funds investment role, or in an equity fund diligence role
• Demonstrated passion for social enterprise or development finance
• Proven ability to independently develop investment theses and business strategies, construct compelling narratives, and present to senior executives
• Comfort leading the execution of equity fund investment transactions from diligence through close
• Familiarity with fund cash flow modeling, including capital call and distribution expectations, return waterfalls and performance metrics such as IRR, DPI and TVPI
• Strong judgment, initiative, and prioritization skills; adept at managing multiple workstreams and deadlines to drive results

Preferred qualifications, capabilities and skills

• Additional experience in investment banking or private equity
• Experience with Affordable Housing, Small Business Investment Company (SBIC), or Venture Capital funds

About Us

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

About the Team

Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we’re setting our businesses, clients, customers and employees up for success.

The Corporate Responsibility (CR) department mission is to advance a stronger, more durable and safe financial system and an inclusive economy and society for clients, customers and communities around the world. The department includes sub-departments focused on policy advocacy and lobbying, philanthropy, sustainability, impact finance, community engagement and data analysis and research.