U.S. Private Bank - National Client Banker Relationship Manager

Location: Chicago, IL, United States

Job Family: Client Advisory

About the Role

At J.P. Morgan Private Bank, we are a global leader in wealth management, dedicated to serving ultra-high net worth individuals and families with bespoke financial solutions. As a National Client Banker Relationship Manager in our Chicago office, you will play a pivotal role in delivering premiere, holistic advisory services to high net worth clients across the U.S. This position within the U.S. Private Bank division involves building enduring relationships, crafting personalized wealth strategies, and leveraging J.P. Morgan's unparalleled resources to help clients achieve their financial aspirations. Reporting to the Regional Head of Client Advisory, you will focus on the Midwest market, combining deep industry expertise with a client-first mindset to drive growth and satisfaction. Your day-to-day responsibilities will center on proactive client engagement, including conducting in-depth needs assessments, recommending diversified investment portfolios, and coordinating with J.P. Morgan's network of specialists in areas like private equity, philanthropy, and family governance. You will analyze client objectives against current market conditions, utilizing advanced tools such as J.P. Morgan's Market Intelligence platform to provide actionable insights. Additionally, you will spearhead business development efforts, targeting new opportunities through sophisticated networking and leveraging the firm's reputation in the financial services industry. Compliance and risk management are integral, ensuring all advice adheres to the highest standards set by J.P. Morgan and regulatory bodies like the SEC. This role offers a dynamic environment where your contributions directly impact client legacies and the firm's success in the competitive private banking landscape. J.P. Morgan values innovation and integrity, providing you with cutting-edge technology, continuous professional development, and a collaborative culture. If you thrive in a fast-paced setting and are passionate about empowering high net worth clients, join our team to shape the future of wealth management in Chicago and beyond.

Key Responsibilities

• Develop and maintain long-term relationships with high net worth clients in the Chicago market, providing tailored financial advice on investments, lending, and wealth preservation
• Conduct comprehensive financial planning sessions, including portfolio analysis, risk assessment, and goal-setting aligned with J.P. Morgan's holistic advisory approach
• Collaborate with internal teams such as investment strategists, trust officers, and credit specialists to deliver integrated solutions for client needs
• Identify and pursue new business opportunities through networking, referrals, and targeted outreach to grow assets under management
• Monitor market trends and economic conditions to proactively advise clients on portfolio adjustments and risk mitigation strategies
• Ensure all client interactions and recommendations comply with J.P. Morgan's risk management policies and federal regulations
• Prepare and present customized reports on client performance, utilizing J.P. Morgan's advanced analytics tools
• Mentor junior team members and contribute to the National Client Banker team's knowledge-sharing initiatives
• Participate in community and industry events to enhance J.P. Morgan's brand presence in the U.S. Private Bank division

Required Qualifications

• Bachelor's degree in Finance, Business Administration, Economics, or a related field
• Minimum of 5 years of experience in private banking, wealth management, or high net worth client advisory roles
• Active Series 7 and Series 66 securities licenses, or equivalent
• Proven track record of managing client portfolios exceeding $10 million in assets under management
• In-depth knowledge of investment products, estate planning, and tax strategies in the U.S. financial services sector
• Strong understanding of regulatory requirements including SEC, FINRA, and banking compliance standards
• Ability to travel up to 25% for client meetings and business development in the Midwest region

Preferred Qualifications

• Advanced degree such as MBA or CFP certification
• Experience working with ultra-high net worth individuals (UHNWIs) in family office services
• Bilingual proficiency in Spanish or another language spoken by diverse Chicago clientele
• Prior experience at a bulge-bracket firm like JP Morgan Chase or equivalent
• Familiarity with J.P. Morgan's proprietary wealth management platforms and tools

Required Skills

• Expertise in financial modeling and portfolio management software
• Proficiency in CRM systems like Salesforce or J.P. Morgan's proprietary platforms
• Advanced knowledge of investment vehicles including equities, fixed income, alternatives, and ESG strategies
• Strong analytical skills for assessing market data and client financials
• Excellent communication and presentation skills for high-stakes client interactions
• Relationship-building and networking abilities to cultivate trust with affluent clients
• Problem-solving acumen in complex financial scenarios
• Regulatory compliance and ethical decision-making
• Time management and organizational skills for handling multiple client portfolios
• Team collaboration in a matrixed organizational structure
• Adaptability to evolving financial regulations and market dynamics
• Discretion and confidentiality in handling sensitive client information
• Negotiation skills for structuring lending and investment deals
• Data interpretation from economic reports and Bloomberg terminals
• Client-centric empathy to understand and address high net worth needs

Benefits

• Competitive base salary plus performance-based bonuses and commissions tied to client acquisition and retention
• Comprehensive health, dental, and vision insurance with employer contributions
• 401(k) retirement savings plan with generous company match up to 6% of eligible compensation
• Paid time off including vacation, sick days, and parental leave
• Professional development opportunities through J.P. Morgan's internal training programs and tuition reimbursement
• Employee stock purchase plan and access to J.P. Morgan's employee investment programs
• Wellness programs including gym memberships, mental health support, and financial wellness coaching
• Relocation assistance for eligible candidates moving to Chicago

JP Morgan Chase is an equal opportunity employer.