U.S. Private Bank - Wealth Strategist - Executive Director

Location: Summit, NJ, United States

Job Family: Product Development

About the Role

At JP Morgan Chase, we are a leading global financial services firm with a proud history of innovation and client focus. As a U.S. Private Bank - Wealth Strategist - Executive Director in our Summit, NJ office, you will play a pivotal role in delivering sophisticated, goals-based advice to ultra-high-net-worth clients. This position within the Product Development category involves partnering closely with relationship managers and advisors to craft tailored wealth strategies that address clients' unique financial objectives, from multi-generational wealth preservation to philanthropic endeavors. Leveraging JP Morgan Chase's vast resources, including our proprietary research and investment platforms, you will help clients navigate complex financial landscapes with confidence and precision. Your primary focus will be on developing comprehensive wealth plans that integrate investment management, tax planning, estate strategies, and risk mitigation. You will analyze clients' current financial positions, model future scenarios, and recommend actionable solutions using advanced tools and JP Morgan's industry-leading insights. This role demands a deep understanding of U.S. regulatory environments and the ability to collaborate across disciplines, ensuring all strategies align with the firm's high standards of compliance and client-centric service. As an Executive Director, you will also contribute to enhancing our Private Bank's offerings by innovating new approaches to goals-based advising. Joining JP Morgan Chase means becoming part of a dynamic team committed to excellence in private banking. This position offers the opportunity to work with elite clients while advancing your career in a supportive environment that values diversity, inclusion, and professional growth. If you are a strategic thinker with a passion for empowering clients to achieve their financial aspirations, we invite you to bring your expertise to our U.S. Private Bank team in Summit, NJ.

Key Responsibilities

• Collaborate with Private Bank advisors to design customized wealth strategies aligned with clients' long-term financial goals
• Conduct comprehensive financial analyses, including cash flow modeling, retirement projections, and estate planning
• Develop and present goals-based advice, incorporating tax-efficient investment strategies and risk management
• Monitor and adjust wealth plans in response to market changes, regulatory updates, and evolving client needs
• Partner with JP Morgan Chase's product specialists to integrate proprietary investment solutions into client portfolios
• Educate clients on complex financial products, such as trusts, alternative investments, and philanthropy vehicles
• Ensure compliance with SEC, FINRA, and internal JP Morgan Chase policies in all advisory activities
• Contribute to business development by identifying opportunities to deepen client relationships within the Private Bank
• Lead cross-functional teams to deliver integrated solutions across wealth management, lending, and advisory services

Required Qualifications

• Bachelor's degree in Finance, Economics, Business Administration, or a related field
• Minimum of 10 years of experience in wealth management, financial planning, or private banking
• Advanced certifications such as CFP (Certified Financial Planner), CFA (Chartered Financial Analyst), or CPA (Certified Public Accountant)
• Proven track record of developing and implementing wealth strategies for high-net-worth individuals
• Deep knowledge of U.S. tax laws, estate planning, and investment vehicles
• Experience working with ultra-high-net-worth clients in a private banking environment

Preferred Qualifications

• Master's degree in Finance or an MBA from an accredited institution
• Series 7 and Series 66 securities licenses
• Prior experience at a leading financial institution like JP Morgan Chase or equivalent
• Familiarity with goals-based wealth planning software and tools
• Bilingual proficiency in English and another language relevant to client base

Required Skills

• Expertise in financial modeling and forecasting
• Proficiency in wealth planning software (e.g., MoneyGuidePro, eMoney)
• Strong understanding of investment portfolios and asset allocation
• Knowledge of tax optimization strategies and estate planning techniques
• Excellent analytical and problem-solving abilities
• Superior communication and presentation skills
• Client relationship management and consultative selling
• Regulatory compliance and risk assessment
• Project management and cross-functional collaboration
• Data analysis using tools like Excel, Bloomberg, or similar
• Adaptability to dynamic market conditions
• Ethical decision-making and integrity in financial advice
• Leadership in guiding junior team members
• Attention to detail in complex financial documentation

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, including tuition reimbursement and access to JP Morgan's learning resources
• Employee stock purchase plan and other investment opportunities
• Wellness programs with gym memberships and mental health support
• Relocation assistance for eligible positions

JP Morgan Chase is an equal opportunity employer.