U.S. Private Bank – Private Banker – Vice President or Executive Director

Location: Birmingham, MI, United States

Job Family: Client Advisory

About the Role

At JP Morgan Chase, we are seeking a seasoned Private Banker at the Vice President or Executive Director level to join our U.S. Private Bank team in Birmingham, MI. This role is pivotal in delivering premiere, holistic financial advisory services to high net worth and ultra-high net worth clients. As a key member of our Client Advisory category, you will leverage JP Morgan Chase's global resources to provide bespoke wealth management solutions, including investment advisory, lending, and legacy planning. Our Private Bank is renowned for its client-centric approach, combining deep industry expertise with innovative tools to help clients achieve their financial aspirations in a dynamic market environment. In this position, you will serve as the primary advisor to a portfolio of affluent clients, conducting in-depth financial assessments and crafting integrated strategies that address their unique needs. Responsibilities include collaborating with specialists across JP Morgan Chase's ecosystem—such as asset management, capital markets, and family office services—to offer comprehensive advice on portfolio diversification, risk mitigation, and philanthropic goals. You will also drive business growth by cultivating relationships within the Midwest's high net worth community, ensuring seamless execution of client plans while adhering to the highest standards of regulatory compliance and ethical practices that define JP Morgan Chase. The ideal candidate thrives in a fast-paced, relationship-driven environment and is passionate about empowering clients to navigate complex financial landscapes. With access to JP Morgan Chase's cutting-edge research and technology platforms, you will stay ahead of market trends and deliver exceptional value. This role offers significant opportunities for career advancement within one of the world's leading financial institutions, contributing to our mission of reimagining the financial future for elite clientele in the U.S. Private Bank.

Key Responsibilities

• Deliver personalized financial advisory services to high net worth clients, including investment strategy development and portfolio management
• Conduct comprehensive financial needs assessments to create tailored wealth management plans encompassing investments, estate planning, and philanthropy
• Build and maintain long-term relationships with ultra-high net worth individuals, families, and trusts in the Birmingham, MI area
• Collaborate with JP Morgan Chase's network of specialists in lending, capital markets, and alternative investments to provide holistic solutions
• Identify and pursue new business opportunities through networking, referrals, and community engagement in the financial services industry
• Monitor market trends and regulatory changes to ensure client portfolios align with risk tolerance and financial goals
• Prepare and present detailed financial reports, performance analyses, and investment recommendations to clients
• Ensure compliance with all SEC, FINRA, and internal JP Morgan Chase policies in all advisory activities
• Mentor junior team members and contribute to the U.S. Private Bank's growth initiatives in the region

Required Qualifications

• Bachelor's degree in Finance, Business Administration, Economics, or a related field
• Minimum of 7-10 years of experience in private banking, wealth management, or financial advisory services for high net worth individuals
• Active Series 7, Series 63, and Series 65 licenses (or equivalent FINRA registrations)
• Proven track record of managing client portfolios exceeding $50 million in assets under management
• In-depth knowledge of investment products, estate planning, and tax strategies in the U.S. financial services sector
• Experience with holistic financial planning for ultra-high net worth clients

Preferred Qualifications

• Advanced degree such as MBA or CFP certification
• Prior experience at a top-tier private bank like JP Morgan Chase or competitors such as UBS or Merrill Lynch
• Bilingual proficiency in English and another language relevant to client demographics in Michigan
• Demonstrated success in client acquisition and retention within the Midwest region

Required Skills

• Expertise in financial modeling and portfolio optimization tools
• Strong understanding of equity, fixed income, and alternative investment vehicles
• Proficiency in CRM systems such as Salesforce for client relationship management
• Knowledge of estate and tax planning regulations in the U.S.
• Excellent analytical skills for assessing market data and economic indicators
• Superior communication and presentation abilities for client interactions
• Relationship-building expertise to foster trust with high net worth individuals
• Risk management and compliance acumen in a regulated financial environment
• Strategic thinking for developing customized wealth preservation strategies
• Team collaboration skills within a multidisciplinary banking team
• Adaptability to evolving financial technologies and digital advisory platforms
• Negotiation prowess for structuring complex lending and investment deals
• Ethical decision-making aligned with JP Morgan Chase's client-first principles
• Time management to handle multiple client portfolios efficiently

Benefits

• Competitive base salary and performance-based bonuses tied to client acquisition and retention metrics
• Comprehensive health, dental, and vision insurance plans with employer contributions
• 401(k) retirement savings plan with generous company matching up to 6% of salary
• Paid time off including vacation, sick days, and parental leave
• Professional development opportunities through JP Morgan Chase's internal training programs and tuition reimbursement
• Employee stock purchase plan and access to exclusive financial wellness resources
• Relocation assistance for eligible candidates moving to Birmingham, MI
• On-site fitness centers and wellness programs at JP Morgan Chase facilities

JP Morgan Chase is an equal opportunity employer.