Private Client Banker - Water St. - New York, NY

Location: New York, NY, United States

Job Family: Private Client Bankers

About the Role

At JP Morgan Chase, we are a leading global financial services firm with a rich history of innovation and client-centric solutions. As a Private Client Banker at our Water Street branch in New York, NY, you will play a pivotal role in serving our elite Chase Private Client segment. This position involves acting as the trusted advisor for a select group of high-net-worth individuals, combining the intimacy of personalized banking with the breadth of JP Morgan's world-class resources. You will engage with clients in-branch and virtually, helping them navigate complex financial landscapes including wealth preservation, growth strategies, and legacy planning, all while upholding our commitment to integrity and excellence in the heart of Manhattan's financial district. Your day-to-day responsibilities will focus on deepening client relationships through tailored financial planning. This includes conducting in-depth consultations to assess needs, recommending bespoke solutions from JP Morgan's suite of products such as private banking accounts, investment advisory services, and customized lending options. You will collaborate with our network of specialists, including wealth strategists and mortgage experts, to deliver seamless, holistic advice. In this fast-paced environment, you will also identify growth opportunities by leveraging data insights and market intelligence to proactively serve clients' evolving needs, contributing to the branch's success in a competitive New York market. We seek driven professionals who thrive in a dynamic setting and are passionate about empowering affluent clients to achieve their financial goals. Joining JP Morgan Chase means access to cutting-edge tools, continuous learning opportunities, and a culture that values diversity and inclusion. This role offers the chance to make a meaningful impact while advancing your career in one of the world's most prestigious financial institutions, with performance tied to rewarding compensation and professional growth pathways.

Key Responsibilities

• Serve as the primary point of contact for a portfolio of high-net-worth Chase Private Clients, providing personalized financial advice and solutions
• Conduct comprehensive financial needs assessments to recommend tailored investment, lending, and banking products
• Build and maintain long-term relationships with clients through proactive outreach, regular reviews, and exceptional service delivery
• Collaborate with branch teams and specialists to deliver holistic wealth management strategies
• Drive business growth by identifying opportunities to deepen client relationships and acquire new affluent customers
• Ensure compliance with all federal and state regulations, including KYC, AML, and securities laws
• Monitor client portfolios and market trends to provide timely insights and adjustments
• Facilitate seamless integration of digital banking tools with in-person advisory services
• Participate in community events and networking to enhance JP Morgan Chase's brand in the New York market
• Maintain accurate records of client interactions and transactions in JP Morgan's CRM systems

Required Qualifications

• Bachelor's degree in finance, business administration, or a related field
• Minimum of 2-3 years of experience in retail banking, wealth management, or financial services
• Active Series 7 and Series 66 (or equivalent) securities licenses, or willingness to obtain within 120 days
• Strong understanding of financial products including investments, lending, and deposit solutions
• Proven track record in client relationship management and sales within a high-net-worth environment
• Excellent communication and interpersonal skills with the ability to build trust with affluent clients
• Compliance with all regulatory requirements and adherence to JP Morgan Chase ethical standards

Preferred Qualifications

• Advanced degree or certification such as CFP (Certified Financial Planner)
• Experience working with ultra-high-net-worth individuals in a private banking setting
• Bilingual proficiency, particularly in languages spoken in diverse New York communities
• Prior knowledge of JP Morgan Chase products and services
• Demonstrated success in cross-selling complex financial solutions

Required Skills

• Financial analysis and portfolio management
• Client relationship building and retention
• Sales and negotiation techniques
• Knowledge of investment products (stocks, bonds, mutual funds)
• Understanding of lending solutions (mortgages, lines of credit)
• Regulatory compliance and risk management
• CRM software proficiency (e.g., Salesforce or equivalent)
• Active listening and empathy
• Problem-solving and decision-making
• Time management and prioritization
• Presentation and public speaking
• Data analysis using financial tools like Excel or Bloomberg
• Adaptability to market changes
• Team collaboration and leadership
• Digital literacy in banking platforms and fintech

Benefits

• Competitive base salary plus uncapped performance-based incentives and bonuses
• Comprehensive medical, dental, and vision insurance with multiple plan options
• 401(k) retirement savings plan with generous company matching contributions
• Paid time off including vacation, sick days, and parental leave
• Professional development programs, including tuition reimbursement and access to JP Morgan's learning academy
• Employee stock purchase plan and other financial wellness benefits
• Wellness programs with gym memberships, mental health support, and onsite fitness facilities
• Commuter benefits and relocation assistance for eligible roles in New York

JP Morgan Chase is an equal opportunity employer.