U.S. Private Bank - Private Banker - Senior Associate

Role overview

We are seeking highly capable professionals who are collaborative, confident and motivated to deliver a first-class client experience within J.P. Morgan's U.S. Private Bank. If you possess an entrepreneurial mindset and welcome ongoing challenges, this is the environment for you. You will join a team of talented colleagues from various markets, businesses and functions, with opportunities to advance your career. As a Private Banker in the U.S. Private Bank, you will advise families on building, preserving and managing wealth, applying your knowledge of investments, financial planning, credit and banking to guide current clients and generate new business. You will be part of a local team supported by an institutional platform that provides the resources, specialists and intellectual capital to help clients reach their goals.

Responsibilities

• Manage and nurture client relationships by earning trust, understanding needs, delivering targeted advice, crafting thoughtful solutions and delivering an exceptional client experience.
• Drive business results and grow assets from both existing clients and new acquisitions.
• Advise clients on their overall balance sheet, including asset allocation, investment management, wealth planning, and banking and credit needs.
• Collaborate with internal specialists to provide interdisciplinary expertise when required.
• Connect clients across all lines of business at J.P. Morgan Chase & Co.
• Ensure proposed solutions meet clients' short, medium and long term objectives using a holistic, goals-based planning approach.
• Strictly adhere to risk and control policies, regulatory guidelines and security measures.

Required qualifications, capabilities, and skills

• Three or more years of experience in private banking or financial services.
• Bachelor's degree required.
• Series 7 and Series 66 licenses required for the position; unlicensed candidates may be considered but must obtain licenses within 90 days of start date.
• Proven sales success and strong business acumen.
• Robust community presence with an established network.
• Experience or understanding of investments, wealth planning, credit and banking concepts.
• Client-focused, with tireless dedication to the client experience.

Preferred qualifications, capabilities, and skills

• MBA, JD, CFA, or CFP preferred.
• Proactive, takes initiative and uses critical thinking to solve problems.
• Dynamic and credible professional with clear communication and exceptional presentation skills.
• Strong organizational skills and a disciplined approach to business.
• Experience with equity and fixed income markets and knowledge of alternative investments, including hedge funds, private equity and real estate.

About the employer

J.P. Morgan Chase & Co. is among the oldest financial institutions, offering innovative financial solutions to millions of consumers, small businesses and many of the world’s leading corporate, institutional and government clients under the J.P. Morgan Chase brands. Our history spans over 200 years, and today we lead in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

Compensation and benefits

We offer a competitive total rewards package including base salary determined by the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in cash and/or forfeitable equity, awarded for individual achievements and contributions.

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.

About the team

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 spanning 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.

Location

Los Angeles, CA 90067