Asset Management, Private Bank, Client Transition Group, Client Advisor, Chicago

  • Competitive
  • Chicago, IL, USA
  • Permanent, Full time
  • JPMorgan.
  • 25 Sep 16

See job description for details

J.P. Morgan Private Bank
Client Transition Group - Client Advisor

JPMorgan Private Bank has been helping the world's wealthiest individuals, families, foundations, and endowments grow, manage, and sustain their wealth through personalized, comprehensive financial solutions for more than 160 years. J.P. Morgan is a global leader in asset and wealth management with assets under supervision of $2.1 trillion and assets under management of $1.4 trillion. With Private Bank advisors in 110 offices in 25 states and 20 countries, the Private Bank provides clients with a global perspective delivered through a local team focused on fundamental wealth management disciplines, including investment management, wealth structuring, philanthropy, credit and banking.

Position Summary:
The Client Transition Team is a part of the JPMorgan Private Bank that is focused on servicing the banking and investment needs of clients who have non-target relationships within the Private Bank. The team's primary goals are: 1) identifying opportunities to refer target relationships to partners across the JPMorgan Private Bank, 2) transferring non-target relationships to the line of business who can best deliver the appropriate services to the client, and 3) risk management.

Key Responsibilities:

  • Manage a high volume of clients with a variety of profiles
  • Proactively approach clients to communicate next steps and successfully coordinate the relationship transition
  • Partner with clients until transition is complete, including, but not limited to, risk management, monitoring asset transfer and handling ad-hoc queries
  • Work with clients to resolve problems, minimize loss, and avoid litigation. Work with internal and external partners to ensure client needs and expectations are met
  • Adhere to internal and external policies and procedures regarding securities transactions and code of conduct. Required to conform to legal and regulatory requirements and guidelines associated with state insurance and securities regulators, FINRA, SEC, JP Morgan Securities LLC and JPMorgan Chase

  • Series 7 & 63 licenses required for position
  • Bachelor's degree required
  • Five plus years of experience in Financial Services
  • Excellent communication and organizational skills with a tenacity to resolve issues and conflicts
  • Working knowledge of key regulatory controls and ability to manage accounts in accordance with firm policies and procedures
  • Demonstrate technical expertise, strong interpersonal skills as well as provide exceptional client service