✨ AI Summary
The Private Banker - Associate will be responsible for advising families on building, preserving, and managing their wealth using knowledge of investments, financial planning, credit, and banking. Key responsibilities include managing client relationships, generating new business, advising on overall balance sheets, partnering with internal specialists, and ensuring proposed solutions meet client goals.
Candidates must have three plus years of experience in Private Banking or Financial Services and a Bachelor's Degree. Required qualifications also include proven sales success, strong business acumen, and must obtain Series 7, 66, and Insurance licenses shortly after starting.
🎁 Benefits & Perks
competitive total rewards package including base salary, commission-based pay and/or discretionary incentive compensation, comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching
Requirements
Must have three plus years of work experience in Private Banking or Financial Services. A Bachelor’s Degree is required; MBA, JD, CFA, or CFP preferred. Must have Series 7, 66 and Insurance licenses, or be willing to obtain them within 90 days of start date. Proven sales success, strong business acumen, and a strong community presence with an established network are also required.
Description
We are actively looking for exceptionally talented individuals who are collaborative, confident and motivated to provide a first-class experience to clients within J.P. Morgan’s U.S. Private Bank. If you have an entrepreneurial mindset and are looking to constantly challenge yourself, J.P. Morgan is the place for you. You will be working alongside a team of talented colleagues from other markets, businesses and functions to provide you with the opportunity to take your career to the next level.
As a Private Banker, you are responsible for advising families on building, preserving and managing their wealth. You will use your knowledge of investments, financial planning, credit and banking to both advise current clients on all aspects of their balance sheet and generate new client acquisition. You will be part of a local team and supported by an institutional platform that has the resources, specialists and intellectual capital to help you advise clients on achieving their desired goals.
Job Responsibilities
- Manage and maintain relationships with clients by earning trust, thoroughly understanding client needs, providing targeted advice, developing thoughtful solutions and delivering an exceptional client experience
- Generate business results and acquire new assets, both from existing client base and new client acquisition
- Advise clients on their overall balance sheet, including asset allocation, investment management, wealth planning, credit and banking needs
- Partner with internal specialists to provide interdisciplinary expertise to clients when needed
- Connect your clients across all lines of business of J.P. Morgan Chase & Co.
- Ensure that proposed solutions fulfill clients' needs and objectives in the short, medium and long term through a holistic goals based planning approach
Required Qualifications, Capabilities, Skills
Three plus years of work experience in Private Banking or Financial Services
Bachelor’s Degree required; MBA, JD, CFA, or CFP preferred
Series 7, 66 and Insurance licenses required for position; unlicensed candidates considered, but required to obtain licenses within 90 days of start date
Proven sales success and strong business acumen
Strong community presence with an established network
Experience or demonstrated understanding of investments, wealth planning, credit and banking concepts
Focuses on the client experience and works tirelessly on the client’s behalf