Wealth Management, Private Bank, PLP Borrower Specialist, Analyst

JPMorgan Chase • New York, NY • 33min ago

Wealth Management - Private Bank - PLP Borrower Specialist

JPMorgan Chase & Co. is a leading global financial services firm with assets of more than $2.7 trillion, over 240,000 employees and operations in over 60 countries. It operates across four business segments including Asset & Wealth Management, Corporate and Investment Banking, Commercial Banking and Consumer and Community Banking.

J.P. Morgan Asset & Wealth Management, is a global leader in investment and wealth management. Its clients include institutions, high-net-worth individuals and retail investors in every major market throughout the world. The division offers investment management across all major asset classes including equities, fixed income, alternatives, multi-asset and money market funds. For individual investors, the business also provides retirement products and services, brokerage and banking services including trusts and estates, loans, mortgages and deposits.

J.P. Morgan Private Bank advises the world's wealthiest families and helps them achieve their desired goals. Our teams of Advisors deliver advice, solutions and services across investments, wealth planning, credit and banking to help clients build, preserve and manage their wealth over time.

As apart of the Professional Loan Program (PLP) team, we offer tailored loan programs to employees of our private equity clients, to enable them to personally co-invest in the funds being managed by their firms. We also use the PLP to offer loans or lines of credit to new partners at professional service firms to finance their partnership equity purchases.

Job Responsibilities:

As the new client's main point on contact, you will be responsible for introducing the Professional Loan Program by sending a customized Program Welcome Letter, sending application, collecting and reviewing information for underwriting, and collaborating with internal teams to complete onboarding, including Know Your Client ("KYC") due diligence.

Partner directly with clients, internal Middle Office teams and required third parties (Family office representatives, notaries, couriers, and borrowers counsel) to manage deal progression and closing ensuring an overall excellent client experience.

Act as primary owner of the existing loan portfolio while performing various aspects of sales and credit management:

Proactively manage upcoming covenant and annual review deadlines to collect information from clients in a timely manner to prevent past dues.

Work closely with our counterparts on capital calls & distributions and serve as a primary point of contact for client's program related questions and potential modification requests (e.g., loan increases).

Own escalations and collaborate directly with the Client Service Groups to resolve credit related service inquiries.

Maintain client interaction reports across the Professional Loan Program (PLP) portfolio.

Assist Private Bankers and other Integrated Team Members with the relationship management and relationship deepening efforts for Professional Loan Program clients.

Collaborate with the Lending Advisor on various research inquiries and reporting tasks.

Business Development - review and identify potential business opportunities for clients to engage in additional products and services.

Required Qualifications, Skills, and Capabilities:

2 years of experience in Wealth Management or Banking

A Bachelor's Degree

Demonstrated ability for sales and client relationship management

Strong communication, decision-making and interpersonal skills

Excellent organizational and time-management skills and attention to detail

Aptitude to take initiative and be proactive to help provide leverage for the team; confidence executing projects with limited supervision

Experience using Microsoft Office programs including Excel, PowerPoint and Adobe PDF

JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

Base Pay/Salary

New York,NY $85,000.00 - $95,000.00

Similar Jobs

Compliance - US Bank Secrecy Act (BSA) Officer - New York

Bloomberg • New York, NY • 33min ago

Finance, Accounting & Banking

Compliance - US Bank Secrecy Act (BSA) Officer - New York Location New York Business Area Legal, Compliance, and Risk Ref # 10047869 Description & Requirements Bloomberg's Legal, Compliance & Risk Department play...

33min ago

Go to Apply

Global Corporate Bank - NA Subsidiary Banking, Japan Corridor - Analyst

JPMorgan Chase • New York, NY • 33min ago

Finance, Accounting & Banking

As an analyst on the Global Corporate Banking team, you will be a central part of the firm's plans to further expand its successful international banking franchise with a focus on the Japanese corridor. The world's most...

33min ago

Go to Apply

Sr App Engine, Data Workflows Solution Sales Executive - Banking

ServiceNow, Inc. • New York, NY • 33min ago

Finance, Accounting & Banking

It all started in sunny San Diego, California in 2004 when a visionary engineer, Fred Luddy, saw the potential to transform how we work. Fast forward to today - ServiceNow stands as a global market leader, bringing innov...

33min ago

Go to Apply

Investment Banking - Power and Renewables M&A - Vice President

JPMorgan Chase • New York, NY • 33min ago

Finance, Accounting & Banking

As a Vice President in M&A, you'll have experience developing strong relationships with corporates and financial institution clients and working across different products. You'll work on deals and transaction across...

33min ago

Go to Apply

Director, Treasury Management Officer, Global Transaction Banking

Scotiabank • New York, NY • 34min ago

Finance, Accounting & Banking

Director, Treasury Management Officer, Global Transaction Banking Requisition ID: 242883 Salary Range: 185,400.00 - 310,600.00 Please note that the Salary Range shown is a guideline only. Salary offered may vary based on...

34min ago

Go to Apply

Investment Banking - Power & Renewables M&A - Vice President

JPMorgan Chase • New York, NY • 34min ago

Finance, Accounting & Banking

Investment Banking - Power & Renewables M&A - Vice President As a Vice President in M&A, you'll have experience developing strong relationships with corporates and financial institution clients and working ac...

34min ago

Go to Apply

Executive Assistant I - Investment Banking, Consumer

TD Bank • New York, NY • 37min ago

Finance, Accounting & Banking

Work Location : New York, New York, United States of America Hours: 40 Line of Business: Administration Pay Detail: $85,000 - $110,000 USD TD is committed to providing fair and equitable compensation opportunities to all...

37min ago

Go to Apply

Digital Banking Support Specialist

Blue Foundry Bank • Parsippany, NJ • 38min ago

Finance, Accounting & Banking

About Blue Foundry Bank This is the Bank Where Things are Made. Blue Foundry is a bank where businesses are shaped, plans are formed, ideas are refined, solutions are built, and stuff gets done. Blue Foundry is revolutio...

38min ago

Go to Apply

Associate Bank Financial Advisor

Wells Fargo • New York, NY • 42min ago

Finance, Accounting & Banking

About this role: Wells Fargo is seeking an Associate Bank Financial Advisor (LO) in Wealth and Investment Management as part of Wells Fargo Advisors. Learn more about the career areas and business divisions at wellsfargo...

42min ago

Go to Apply

Market Leader, Innovation Banking

Western Alliance Bank • New York, NY • 3h ago

Finance, Accounting & Banking

Job Title:Market Leader, Innovation BankingLocation:New York, New YorkWhat you'll do:As a Director you'll be in a senior-level leadership position responsible for executing the division's strategic plan and guiding your...

3h ago

Go to Apply

Subscribe to get new jobs sent directly to you
(no charge, cancel anytime)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.