U.S. Private Bank - Executive Director - Private Banker

Location: New York, NY, United States

Job Family: Client Advisory

About the Role

At JP Morgan Chase, we are a leading global financial services firm with a proud history of delivering innovative solutions to our clients. The U.S. Private Bank is at the forefront of our wealth management division, specializing in personalized advisory services for ultra-high net worth individuals and families. As an Executive Director - Private Banker in our New York office, you will join a dynamic team dedicated to providing premiere, holistic financial advisement. This role is pivotal in fostering enduring client relationships while leveraging JP Morgan's unparalleled resources in investment banking, asset management, and private lending to drive exceptional client outcomes in one of the world's most vibrant financial hubs. In this senior position, you will serve as the primary advisor to a portfolio of high net worth clients, crafting bespoke strategies that encompass investment management, estate and tax planning, philanthropy, and family governance. You will collaborate closely with JP Morgan's network of experts to integrate cutting-edge solutions, such as sustainable investing options and access to exclusive deal flow, ensuring clients' financial goals align with their personal values and risk tolerances. Your role will also involve proactive business development, identifying opportunities to expand JP Morgan's footprint among New York's elite clientele through sophisticated networking and thought leadership. Success in this position demands a deep commitment to JP Morgan's core principles of integrity, excellence, and client-centric innovation. You will navigate complex regulatory landscapes while maintaining the highest standards of discretion and service. This is an opportunity to contribute to a prestigious institution that empowers clients to achieve generational wealth, all while advancing your career in a supportive environment that values diversity, professional growth, and work-life balance. If you thrive in a high-impact setting and are passionate about transforming financial futures, join us in redefining private banking excellence.

Key Responsibilities

• Develop and maintain long-term relationships with ultra-high net worth clients, providing holistic financial advice on investments, lending, and wealth transfer strategies
• Lead the creation of customized wealth management plans integrating JP Morgan's full suite of banking, investment, and advisory services
• Collaborate with internal teams including investment strategists, credit officers, and trust specialists to deliver integrated solutions
• Identify and pursue new business opportunities within the high net worth segment, achieving annual revenue and asset growth targets
• Conduct comprehensive financial reviews and portfolio analyses to optimize client outcomes and mitigate risks
• Ensure adherence to JP Morgan's risk management protocols and regulatory standards in all client interactions
• Mentor junior bankers and contribute to team development initiatives within the U.S. Private Bank
• Represent JP Morgan at industry events, client seminars, and networking forums to enhance brand visibility in New York
• Monitor market trends and economic developments to proactively advise clients on portfolio adjustments

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 within the financial services industry
• Active Series 7, Series 63, and Series 65 licenses (or equivalent FINRA registrations)
• Proven track record of managing client portfolios exceeding $50 million in assets under management
• In-depth knowledge of investment products, estate planning, tax strategies, and credit solutions tailored to ultra-high net worth individuals
• Strong understanding of regulatory requirements including SEC, FINRA, and AML compliance in the U.S. financial sector

Preferred Qualifications

• MBA or advanced degree in Finance or related discipline from an accredited institution
• Experience working with JP Morgan Chase or a comparable global investment bank
• Bilingual proficiency in English and Mandarin, Spanish, or another language spoken by high net worth clients in New York
• Certification as a Certified Financial Planner (CFP) or Chartered Financial Analyst (CFA)

Required Skills

• Expertise in portfolio management and asset allocation strategies
• Proficiency in financial modeling and valuation techniques using tools like Bloomberg or FactSet
• Strong client relationship management and consultative selling skills
• In-depth knowledge of alternative investments including private equity and hedge funds
• Excellent communication and presentation abilities for high-stakes client meetings
• Analytical thinking for assessing complex financial scenarios and risks
• Regulatory compliance and ethical decision-making in financial advisory
• Leadership and team collaboration in a fast-paced banking environment
• Proficiency in Microsoft Office Suite and CRM systems like Salesforce
• Cultural sensitivity and adaptability for serving diverse high net worth clientele
• Strategic planning for long-term wealth preservation and growth
• Negotiation skills for structuring credit and lending solutions
• Time management to handle multiple client portfolios efficiently
• Emotional intelligence for building trust with ultra-high net worth individuals

Benefits

• Competitive base salary with performance-based bonuses and incentives tied to client acquisition and retention
• Comprehensive health, dental, and vision insurance plans with employer contributions
• 401(k) retirement savings plan with generous company matching up to 6% of eligible compensation
• Paid time off including vacation, sick days, and parental leave policies
• Professional development programs including tuition reimbursement for advanced certifications and executive education
• Access to JP Morgan's global wellness initiatives, including mental health support and fitness reimbursements
• Employee stock purchase plan and other financial wellness benefits
• Relocation assistance for eligible hires moving to New York, NY

JP Morgan Chase is an equal opportunity employer.