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 with a proud history of delivering innovative solutions to our clients. The U.S. Private Bank is at the forefront of providing exceptional wealth management services to high net worth individuals and families. As a Private Banker - Associate in our San Antonio, TX office, you will join a dynamic team dedicated to offering premiere, holistic financial advisement. This role is ideal for professionals passionate about helping clients achieve their financial goals through tailored strategies in investments, lending, and planning. In this client advisory position, you will play a key role in fostering deep, trust-based relationships while leveraging JP Morgan's vast resources to deliver unparalleled service in the vibrant San Antonio market. Your primary focus will be on understanding each client's unique financial situation, objectives, and risk tolerance to develop and implement comprehensive wealth management plans. This includes advising on diverse investment opportunities, such as equities, fixed income, alternatives, and sustainable investing options available through JP Morgan's global platform. You will collaborate with internal experts in areas like private equity, philanthropy, and family office services to provide integrated solutions that address complex needs, including multi-generational wealth transfer and tax-efficient strategies. Additionally, you will monitor portfolio performance, conduct regular reviews, and adapt recommendations based on evolving market conditions and client life events, all while ensuring adherence to the highest standards of compliance and ethical practices. Success in this role requires a client-centric mindset, strong analytical skills, and the ability to thrive in a collaborative, high-performance environment. You will contribute to business growth by identifying cross-selling opportunities within JP Morgan Chase's suite of services, such as credit solutions and cash management. Based in San Antonio, you will engage with the local community, participating in events that strengthen our presence in Texas. Joining JP Morgan Chase means becoming part of a prestigious institution committed to your professional growth, with access to world-class training and career advancement opportunities. If you are ready to make a meaningful impact on the financial futures of affluent clients, apply today to elevate your career in private banking.

Key Responsibilities

• Deliver personalized financial advice to high net worth clients, including investment portfolio management and asset allocation strategies
• Conduct comprehensive financial planning sessions covering wealth preservation, retirement, and estate planning
• Build and maintain long-term relationships with clients to identify opportunities for expanding banking and advisory services
• Collaborate with JP Morgan Chase's network of specialists in lending, investments, and philanthropy to provide holistic solutions
• Monitor market trends and economic conditions to proactively advise clients on risk management and portfolio adjustments
• Prepare and present customized financial reports and performance analyses to clients
• Ensure compliance with regulatory requirements and internal policies in all client interactions
• Participate in business development activities, such as client seminars and networking events in the San Antonio area
• Support team efforts in achieving branch revenue and client satisfaction goals

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 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 to build trust with clients
• Ability to thrive in a fast-paced, client-focused environment at a leading global financial institution

Preferred Qualifications

• Advanced degree such as MBA or CFP certification
• Experience working with ultra-high net worth clients (assets over $10M)
• Bilingual proficiency, particularly in Spanish, given the San Antonio market
• Prior experience at a premier private banking firm like JP Morgan Chase
• Knowledge of local Texas economic trends and real estate markets

Required Skills

• Financial analysis and modeling
• Investment portfolio management
• Client relationship management
• Risk assessment and mitigation
• Estate and tax planning knowledge
• Regulatory compliance (FINRA, SEC)
• Sales and business development
• Analytical thinking and problem-solving
• Effective verbal and written communication
• Active listening and empathy
• Time management and organization
• Proficiency in financial software (e.g., Bloomberg, CRM tools)
• Negotiation and persuasion
• Team collaboration
• Adaptability to market changes

Benefits

• Competitive base salary plus performance-based bonuses and incentives
• Comprehensive health, dental, and vision insurance plans
• 401(k) retirement savings plan with generous company matching contributions
• Paid time off, including vacation, sick days, and parental leave
• Professional development programs, including tuition reimbursement and access to JP Morgan's leadership training
• Employee stock purchase plan and other financial wellness benefits
• 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.