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

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 - Private Banker - Executive Director role is pivotal in our Client Advisory category, based in the heart of New York, NY. As an Executive Director, you will join a dynamic team dedicated to providing premiere, holistic financial advisement to high net worth individuals and families. Your expertise will drive personalized wealth management strategies, leveraging JP Morgan's unparalleled resources to help clients achieve their financial goals while navigating complex markets and life events. This position offers the opportunity to work in a collaborative environment where integrity, innovation, and client-centric service are at the core of everything we do. In this role, you will serve as the primary advisor to ultra-high-net-worth clients, crafting bespoke solutions that encompass investment management, credit and lending, tax optimization, and legacy planning. You will partner closely with JP Morgan's extensive network of specialists across asset management, investment banking, and global markets to deliver seamless, integrated advice. Responsibilities include growing and retaining client relationships, identifying expansion opportunities within our Private Bank, and ensuring all recommendations align with the highest standards of compliance and risk management. Your ability to anticipate client needs and provide proactive insights will be key to fostering trust and loyalty in one of the world's most prestigious private banking franchises. We seek seasoned professionals who thrive in a fast-paced, high-impact setting and are passionate about the financial services industry. This Executive Director position not only offers substantial professional growth through JP Morgan's renowned training programs but also the chance to contribute to a firm that values diversity, inclusion, and sustainable impact. If you are ready to elevate your career while making a meaningful difference for elite clients, join us in redefining private banking excellence at JP Morgan Chase.

Key Responsibilities

• Develop and maintain long-term relationships with high net worth clients, providing tailored financial advice to meet their unique needs
• Lead the creation of comprehensive wealth management strategies, including investment portfolios, lending solutions, and estate planning
• Collaborate with JP Morgan Chase's network of specialists in areas such as alternative investments, philanthropy, and family governance
• Identify and pursue new business opportunities to grow client assets under management within the U.S. Private Bank
• Conduct regular portfolio reviews and performance analyses to ensure alignment with client objectives and risk tolerance
• Ensure compliance with all regulatory and internal JP Morgan policies while delivering exceptional client service
• Mentor junior team members and contribute to the overall success of the Private Banking team in New York
• Monitor market trends and economic developments to proactively advise clients on opportunities and risks
• Coordinate with internal partners to facilitate seamless access to JP Morgan's global resources and products

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
• Proven track record of managing client portfolios exceeding $50 million in assets under management
• Active Series 7, Series 63, and Series 65 securities licenses, or equivalent
• In-depth knowledge of investment products, estate planning, tax strategies, and credit solutions
• Strong understanding of regulatory requirements including SEC, FINRA, and banking compliance standards
• Experience in client relationship management with ultra-high-net-worth individuals and families

Preferred Qualifications

• MBA or advanced degree in Finance or related discipline
• Certified Financial Planner (CFP) or Chartered Financial Analyst (CFA) designation
• Prior experience at a leading global financial institution such as JP Morgan Chase or equivalent
• Bilingual proficiency in English and another language relevant to client demographics, e.g., Mandarin or Spanish
• Demonstrated leadership in cross-functional teams within wealth management divisions

Required Skills

• Expertise in financial modeling and portfolio construction
• Proficiency in wealth planning software and CRM tools like Salesforce
• Advanced knowledge of investment vehicles including equities, fixed income, and alternatives
• Strong analytical skills for assessing market data and client financials
• Excellent communication and presentation skills for client interactions
• Relationship-building and networking abilities in high-stakes environments
• Risk management and compliance acumen
• Leadership and team collaboration skills
• Strategic thinking for long-term client advisory
• Adaptability to evolving regulatory and market landscapes
• Discretion and ethical judgment in handling sensitive client information
• Negotiation skills for structuring complex financial deals
• Technical proficiency in Microsoft Office Suite and financial databases
• Emotional intelligence for managing ultra-high-net-worth client expectations

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 contributions
• Paid time off including vacation, sick days, and parental leave
• Professional development programs and tuition reimbursement for advanced certifications
• Access to JP Morgan's employee stock purchase plan and financial wellness resources
• Wellness programs including gym memberships and mental health support
• Relocation assistance for eligible positions in New York, NY

JP Morgan Chase is an equal opportunity employer.