Private Client Banker - Setauket, NY

Location: Setauket, NY, United States

Job Family: Private Client Bankers

About the Role

As a Private Client Banker at JP Morgan Chase in Setauket, NY, you will play a pivotal role in delivering exceptional wealth management services to high-net-worth individuals and families. Embodying our core values of hospitality and client-centric care, you will serve as a trusted advisor, helping clients navigate complex financial landscapes with personalized strategies tailored to their goals. This position within our Private Banking division involves leveraging JP Morgan Chase's global resources to offer comprehensive solutions, including investment advisory, lending, and estate planning, all while fostering long-term relationships that drive client loyalty and satisfaction in the competitive financial services industry. Your day-to-day responsibilities will include conducting in-depth client consultations, analyzing financial needs, and recommending bespoke products from our robust portfolio of banking, investment, and credit offerings. You will collaborate seamlessly with multidisciplinary teams across JP Morgan Chase to ensure holistic support, from portfolio optimization to risk mitigation amid evolving market dynamics. In the vibrant Setauket community, you will also engage in proactive outreach, networking with local professionals and participating in events to expand our client base, all while upholding the highest standards of regulatory compliance and ethical practices that define JP Morgan Chase as a leader in private banking. This role demands a passion for financial excellence and a commitment to superior client experiences, offering the opportunity to grow within one of the world's most respected financial institutions. Join us to make a meaningful impact on clients' financial futures while advancing your career in a supportive, innovative environment that rewards dedication and expertise.

Key Responsibilities

• Deliver personalized financial advice and solutions to private clients, including investment strategies, lending, and estate planning
• Build and deepen relationships with high-net-worth clients by understanding their unique financial goals and providing tailored recommendations
• Identify opportunities for cross-selling JP Morgan Chase products such as wealth management services, mortgages, and credit solutions
• Conduct regular client reviews and portfolio assessments to ensure alignment with market conditions and client objectives
• Collaborate with internal teams, including investment advisors and loan officers, to deliver comprehensive client experiences
• Maintain compliance with all federal and state regulations, including KYC, AML, and securities laws
• Prospect and acquire new private banking clients through networking, referrals, and community engagement in Setauket, NY
• Monitor client portfolios and provide proactive updates on economic trends, market insights, and risk management
• Resolve client inquiries and issues promptly, embodying JP Morgan Chase's commitment to hospitality and exceptional service
• Contribute to branch goals by participating in local events and representing the JP Morgan Chase brand

Required Qualifications

• Bachelor's degree in finance, business administration, or a related field
• At least 2-3 years of experience in financial services, retail banking, or client-facing roles
• Active Series 7 and 66 (or 63 and 65) securities licenses, or willingness to obtain within 120 days
• Strong understanding of banking products, investment solutions, and wealth management principles
• Proven track record of building and maintaining client relationships in a high-net-worth environment
• Excellent communication and interpersonal skills with the ability to handle sensitive client information
• Compliance with all regulatory requirements and adherence to JP Morgan Chase ethical standards

Preferred Qualifications

• Advanced certifications such as CFP (Certified Financial Planner) or CFA (Chartered Financial Analyst)
• Experience working with high-net-worth individuals or private banking clients at a major financial institution
• Proficiency in financial planning software and CRM tools used in wealth management
• Bilingual skills, particularly in languages spoken in diverse New York communities
• Prior leadership experience in mentoring junior bankers or team coordination

Required Skills

• Financial analysis and portfolio management
• Client relationship building and retention
• Knowledge of investment products and securities
• Regulatory compliance and risk assessment
• Sales and business development
• Active listening and empathy
• Problem-solving and decision-making
• Proficiency in Microsoft Office and financial software (e.g., Bloomberg, CRM systems)
• Time management and organizational skills
• Negotiation and presentation abilities
• Adaptability to market changes
• Team collaboration and leadership
• Ethical judgment and confidentiality
• Data interpretation and reporting
• Customer service excellence

Benefits

• Competitive base salary with performance-based incentives and bonuses
• Comprehensive medical, dental, and vision insurance plans
• 401(k) retirement savings plan with generous company matching contributions
• Paid time off, including vacation, sick days, and parental leave
• Professional development opportunities through JP Morgan Chase's learning programs and tuition reimbursement
• Employee stock purchase plan and access to financial wellness resources
• Wellness programs including gym memberships, mental health support, and health savings accounts
• Flexible work arrangements and commuter benefits for New York-based employees

JP Morgan Chase is an equal opportunity employer.