U.S. Private Bank – Private Banker – Associate

Location: San Antonio, TX, United States

Job Family: Client Advisory

About the Role

At JP Morgan Chase, we are a leading global financial services firm committed to helping high net worth individuals achieve their financial aspirations through innovative and personalized solutions. The U.S. Private Bank – Private Banker – Associate role in San Antonio, TX, offers an exciting opportunity to join a dynamic team dedicated to delivering premiere service in client advisory. As an Associate, you will play a pivotal role in providing holistic financial advisement to affluent clients, leveraging JP Morgan's extensive resources in investment banking, asset management, and lending to craft tailored wealth strategies that align with their unique goals and risk profiles. In this client-facing position, you will engage directly with high net worth individuals, conducting in-depth consultations to assess their financial situations, including complex needs in estate planning, tax optimization, and philanthropic endeavors. Collaborating with JP Morgan's network of experts, you will develop and implement comprehensive plans that integrate diverse products such as customized portfolios, alternative investments, and private credit solutions. Your ability to navigate the evolving financial landscape, including market volatility and regulatory shifts, will be essential in fostering trust and driving client satisfaction in the vibrant San Antonio market. Success in this role requires a blend of technical expertise and interpersonal finesse, as you build enduring relationships and contribute to the growth of JP Morgan Private Bank. You will thrive in a supportive environment that values innovation, integrity, and teamwork, with opportunities for career advancement within one of the world's most respected financial institutions. Join us to make a meaningful impact on clients' legacies while advancing your own professional journey at JP Morgan Chase.

Key Responsibilities

• Deliver personalized financial advice to high net worth clients, including investment portfolio management and asset allocation strategies
• Build and maintain long-term relationships with clients, identifying opportunities to deepen engagement with JP Morgan Private Bank services
• Collaborate with cross-functional teams, such as investment specialists and estate planners, to provide holistic wealth management solutions
• Conduct client meetings, needs assessments, and performance reviews to ensure alignment with financial goals
• Monitor market trends and regulatory changes to advise clients on risk management and compliance
• Develop customized financial plans incorporating lending, philanthropy, and family governance
• Prospect and onboard new clients through referrals and networking in the San Antonio community
• Ensure all advisory activities adhere to JP Morgan Chase's risk management and ethical standards
• Prepare reports and presentations on client portfolios using JP Morgan's advanced analytics tools
• Contribute to team goals by mentoring junior associates and participating in business development initiatives

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 63 and 65) licenses, or willingness to obtain within 90 days
• 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 work in a fast-paced, team-oriented environment

Preferred Qualifications

• Advanced degree such as MBA or CFP certification
• Experience with ultra-high net worth clients (assets over $10M)
• Familiarity with JP Morgan Chase's proprietary tools and platforms
• Bilingual proficiency, particularly in Spanish for the San Antonio market
• Prior experience in the Texas financial services sector

Required Skills

• Financial modeling and portfolio analysis
• Investment strategy development
• Client relationship management
• Risk assessment and mitigation
• Regulatory compliance knowledge (SEC, FINRA)
• Analytical thinking and problem-solving
• Effective verbal and written communication
• Negotiation and sales acumen
• Proficiency in financial software (e.g., Bloomberg, JP Morgan platforms)
• Time management and organizational skills
• Empathy and active listening for client needs
• Team collaboration and leadership
• Market research and trend analysis
• Ethical decision-making
• Digital literacy for virtual client interactions

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, including tuition reimbursement and access to JP Morgan's learning academy
• Employee stock purchase plan and financial wellness resources
• Wellness programs with gym memberships and mental health support
• Relocation assistance for eligible candidates moving to San Antonio

JP Morgan Chase is an equal opportunity employer.