at J.P. Morgan
Bulge Bracket Investment BanksPosted 2 months ago
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The U.S. Private Bank – Investment Specialist – Executive Director is an experienced client advisory role focused on winning new high-net-worth clients and deepening relationships through investment solutions. Responsibilities include conducting investment reviews, developing investment policy statements, advising on asset allocation, and coordinating sales efforts with Capital Advisors, Trust Officers and Wealth Advisors. The role requires Series 7 and 66 licenses and Insurance licenses (or willingness to obtain within 90 days), plus seven-plus years of private banking or financial services experience; MBA or CFA preferred. Ideal candidates have experience delivering complex investment solutions, knowledge of hedge funds and alternative investments, and the ability to manage brokerage activity and referrals.
- Compensation
- Not specified USD
- City
- Austin
- Country
- United States
Currency: $ (USD)
Full Job Description
Location: Austin, TX, United States
We are actively looking for exceptionally talented individuals who are collaborative, confident and motivated to provide a first-class experience to clients within J.P. Morgans U.S. Private Bank. If you have an entrepreneurial mindset and are looking to constantly challenge yourself, J.P. Morgan is the place for you. You will be working alongside a team of talented colleagues from other markets, businesses and functions to provide you with the opportunity to take your career to the next level.
As an Investment Specialist you are responsible for helping the Banker win new clients and deepen and strengthen existing client relationships through advisement on investment solutions.
Job Responsibilities
- Conduct investment reviews with clients to validate the clients current investment objectives and prepare recommendations of appropriate investment products
- Develop investment policy statements and advise on asset allocation
- Closes sales of complex investment products
- Support coordination of sales effort with Capital Advisors, Trust Officers and Wealth Advisors Focus on qualified purchaser clients and act as primary resource for investment communication
- Build excellent working relationships with internal clients
- Adhere to internal and external policies and procedures regarding securities transactions and code of conduct
- Provide guidance to junior staff
Required Qualifications, Capabilities, Skills
- Bachelors degree required; MBA or CFA preferred
- Series 7, 66 and Insurance licenses required for position; unlicensed candidates considered, but required to obtain licenses within 90 days of start date
- Seven plus years experience in Private Banking or Financial Services industry
- Demonstrated understanding of wealth management including, but not limited to: credit, deposits, trust and financial planning
Preferred Qualifications, Capabilities, Skills
- Ideal candidate has prior experience providing complex investment solutions to individuals
- In depth experience and/or knowledge of hedge funds, private equity and alternative investments
- Able to execute trades smoothly and seamlessly and tasked with managing brokerage activity
- Sales experience including: profiling, overcoming objections, negotiation, team selling approach, closing the sale and asking for referrals
