U.S. Private Bank - Banker - Executive Director

Location: San Francisco, CA, United States

Job Family: Client Advisory

About the Role

At JP Morgan Chase, we are seeking an Executive Director to join our U.S. Private Bank team in San Francisco as a Banker dedicated to serving ultra-high-net-worth clients. In this pivotal role, you will act as the primary advisor to affluent individuals, families, and institutions, delivering bespoke financial solutions that encompass investment management, lending, philanthropy, and legacy planning. Leveraging JP Morgan Chase's global resources and cutting-edge platforms, you will craft holistic strategies that align with clients' unique goals, risk tolerances, and life stages, all while navigating the dynamic West Coast market known for its tech entrepreneurs and venture capital ecosystems. Your day-to-day responsibilities will include cultivating deep client relationships through personalized consultations, analyzing complex financial needs, and recommending diversified investment portfolios that may include equities, fixed income, alternatives, and sustainable assets. You will collaborate seamlessly with cross-functional teams across JP Morgan Chase's Private Bank, Asset Management, and Investment Banking divisions to provide integrated advice on everything from multi-generational wealth transfer to customized credit solutions. In San Francisco's competitive landscape, you will also focus on business development, identifying opportunities to expand our client base among high-growth sectors like technology and real estate, ensuring JP Morgan Chase remains the trusted partner for premier wealth preservation and growth. This position demands a seasoned professional with a passion for excellence and a commitment to JP Morgan Chase's client-first ethos. Success here means not only driving superior financial outcomes but also embodying our firm's values of integrity, innovation, and inclusion. As an Executive Director, you will contribute to a collaborative culture that supports professional growth, backed by robust training and development programs, positioning you to thrive in one of the world's leading financial institutions.

Key Responsibilities

• Develop and maintain long-term relationships with high net worth clients, providing tailored financial advice on investments, lending, and wealth transfer
• Lead holistic wealth management strategies, including portfolio construction, asset allocation, and risk assessment for portfolios over $10 million
• Collaborate with JP Morgan Chase's network of specialists in private banking, investment banking, and philanthropy to deliver integrated solutions
• Identify and pursue new business opportunities within the San Francisco ultra-high-net-worth community, targeting growth in client assets
• Conduct comprehensive financial planning sessions, incorporating tax-efficient strategies, estate planning, and retirement goals
• Monitor market trends and regulatory changes to advise clients on opportunities and risks in equities, fixed income, alternatives, and sustainable investing
• Ensure adherence to JP Morgan Chase's compliance standards, KYC/AML protocols, and fiduciary responsibilities
• Mentor junior bankers and contribute to team development within the U.S. Private Bank division
• Prepare and present customized reports on portfolio performance and economic outlooks to clients and internal stakeholders
• Drive client satisfaction through proactive service, resolving complex issues and fostering loyalty to JP Morgan Chase

Required Qualifications

• Bachelor's degree in Finance, Business Administration, Economics, or a related field
• Minimum of 10 years of experience in private banking, wealth management, or high net worth client advisory
• Proven track record of managing client portfolios exceeding $50 million in assets under management
• Active Series 7, Series 63, and Series 65 licenses, or equivalent FINRA registrations
• In-depth knowledge of investment products, estate planning, and tax strategies in the U.S. financial services sector
• Experience with ultra-high-net-worth individuals and family offices
• Strong compliance and risk management background in a regulated banking environment

Preferred Qualifications

• MBA or advanced degree in Finance or related discipline
• Prior experience at a leading global financial institution like JP Morgan Chase
• Bilingual proficiency, particularly in Mandarin or Cantonese, given the San Francisco market
• Certification as a Certified Financial Planner (CFP) or Chartered Financial Analyst (CFA)
• Demonstrated success in client acquisition and retention in competitive West Coast markets

Required Skills

• Expertise in financial modeling and portfolio analysis using tools like Bloomberg or FactSet
• Proficiency in investment advisory software and CRM systems such as Salesforce
• Deep understanding of U.S. securities regulations and fiduciary standards
• Strong analytical skills for assessing market data and economic indicators
• Excellent communication and presentation skills for client interactions
• Relationship-building and networking abilities in high-stakes environments
• Knowledge of alternative investments, including private equity and hedge funds
• Risk management and compliance expertise in wealth management
• Strategic thinking for holistic financial planning
• Leadership and team collaboration skills
• Technical proficiency in Microsoft Office Suite and financial databases
• Cultural sensitivity and adaptability in diverse client settings
• Problem-solving abilities for complex financial scenarios
• Time management and organizational skills for handling multiple client portfolios
• Ethical decision-making aligned with JP Morgan Chase's core values

Benefits

• Competitive base salary with performance-based bonuses and incentives tied to client growth
• Comprehensive health, dental, and vision insurance plans for employees and families
• 401(k) retirement savings plan with generous company matching contributions
• Paid time off, including vacation, sick leave, and parental leave policies
• Professional development opportunities, including tuition reimbursement and access to JP Morgan's internal training programs
• Employee stock purchase plan and other wealth-building benefits
• Wellness programs, including gym memberships and mental health support
• Relocation assistance for moves to San Francisco, if applicable

JP Morgan Chase is an equal opportunity employer.