U.S. Private Bank - Private Banker - Associate

Location: Miami, FL, United States

Job Family: Private Bankers

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 high net worth individuals and families. As a Private Banker - Associate in our Miami office, you will join a dynamic team dedicated to providing premiere, holistic financial advisement. This role is pivotal in helping clients navigate complex financial landscapes, from investment strategies to legacy planning, all while upholding JP Morgan's commitment to integrity and excellence in the financial services industry. In this client-facing position, you will build and nurture relationships with affluent clients in the vibrant Miami market, leveraging JP Morgan's vast resources to craft bespoke financial plans. Your days will involve analyzing client needs, recommending diversified investment portfolios, and coordinating with internal experts in areas like private lending and alternative assets. You will also play a key role in business development, identifying opportunities to expand our client base among ultra-high net worth individuals in South Florida. Success in this role requires a deep understanding of market dynamics and a passion for delivering exceptional service that aligns with JP Morgan's client-first philosophy. We foster a collaborative culture where associates like you can grow professionally through ongoing training, access to cutting-edge tools, and mentorship from senior bankers. Joining the U.S. Private Bank means contributing to a legacy of trust and innovation at one of the world's most respected financial institutions. If you are ready to make a meaningful impact on clients' financial futures while advancing your career in private banking, this Associate position offers an unparalleled platform within JP Morgan Chase.

Key Responsibilities

• Develop and maintain long-term relationships with high net worth clients, providing tailored financial advice
• Conduct comprehensive financial planning, including investment management, retirement strategies, and wealth transfer
• Collaborate with JP Morgan specialists in lending, investments, and philanthropy to deliver holistic solutions
• Identify and pursue new business opportunities within the Miami market to grow the client portfolio
• Monitor client portfolios and market trends to recommend adjustments aligned with risk tolerance and goals
• Ensure compliance with regulatory requirements and JP Morgan's internal policies
• Prepare and present investment proposals, performance reports, and financial reviews to clients
• Participate in client events, seminars, and networking to enhance JP Morgan's brand in the community
• Mentor junior team members and contribute to team goals in the U.S. Private Bank
• Analyze client needs using JP Morgan's proprietary tools to optimize asset allocation

Required Qualifications

• Bachelor's degree in Finance, Business Administration, Economics, or a related field
• Minimum of 3-5 years of experience in private banking, wealth management, or financial advisory services
• Active Series 7 and Series 66 (or equivalent) securities licenses, or ability to obtain within 120 days of hire
• Proven track record of managing client relationships with high net worth individuals
• Strong understanding of investment products, estate planning, and tax strategies
• Excellent communication and interpersonal skills for client-facing interactions
• Ability to thrive in a fast-paced, client-centric environment

Preferred Qualifications

• Advanced degree such as MBA or CFP certification
• Experience working with ultra-high net worth clients in the U.S. Private Bank
• Bilingual proficiency in Spanish, given the Miami location and diverse client base
• Prior experience with JP Morgan Chase systems and compliance protocols
• Knowledge of alternative investments and family office services

Required Skills

• Financial analysis and portfolio management
• Client relationship management
• Investment strategy development
• Regulatory compliance knowledge (FINRA, SEC)
• Risk assessment and mitigation
• Tax and estate planning expertise
• Proficiency in financial software (e.g., Bloomberg, JP Morgan proprietary platforms)
• Strong analytical and problem-solving abilities
• Excellent verbal and written communication
• Negotiation and sales skills
• Time management and organizational skills
• Cultural sensitivity for diverse client interactions
• Team collaboration and leadership
• Market research and trend analysis
• Ethical decision-making in high-stakes environments

Benefits

• Competitive base salary with performance-based bonuses and incentives
• Comprehensive health, dental, and vision insurance plans
• 401(k) retirement savings plan with generous company matching
• Paid time off, including vacation, sick days, and parental leave
• Professional development programs and tuition reimbursement for certifications
• Employee stock purchase plan and access to JP Morgan's financial wellness resources
• Wellness programs, including gym memberships and mental health support
• Relocation assistance for eligible candidates moving to Miami

JP Morgan Chase is an equal opportunity employer.