JP Morgan Chase & Co.

Wealth Management, Private Bank, PLP Borrower Specialist, Analyst

JP Morgan Chase & Co.$80K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 2 years of experience in Wealth Management or Banking
  • A Bachelor’s Degree
  • Proven ability in sales and client relationship management
  • Strong communication and interpersonal skills
  • Excellent organizational and time-management skills
  • Self-starter with initiative and project execution skills
  • Proficient in Microsoft Office Suite including Excel, PowerPoint, and Adobe PDF

Responsibilities

  • Serve as main point of contact for clients, introducing the Professional Loan Program and managing the onboarding process
  • Collaborate with internal and external parties to ensure smooth deal progression and client satisfaction
  • Manage existing loan portfolio and oversee sales and credit management activities
  • Track and manage covenant and annual review deadlines to avoid overdue accounts
  • Handle capital calls and distributions while responding to client inquiries and modification requests
  • Resolve credit-related service issues by working closely with Client Service Groups
  • Support Private Bankers in relationship management and growth initiatives for PLP clients
  • Assist in research and reporting tasks alongside Lending Advisors
  • Identify business development opportunities for additional client engagement

Benefits

  • Tailored loan programs for private equity clients
  • Opportunity to work in a dynamic and client-focused environment
  • Exposure to high-level professional service firms
  • Involvement in relationship management and business development activities
  • Collaborative work culture with experienced colleagues
Full Job Description
JOB DESCRIPTION

Wealth Management - Private Bank - PLP Borrower Specialist

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 clients 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 clients 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 Bachelors 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

About JP Morgan Chase & Co.

JP Morgan Chase & Co. stands at the forefront of the global financial services industry. They offer an expansive array of products and services to a diverse clientele, including individuals, corporations, governments, and institutions. Ever since the merger of J.P. Morgan & Co. and Chase Manhattan Corporation in 2000, this industry-leading entity has become renowned for its comprehensive portfolio encompassing consumer and community banking, corporate and investment banking, commercial banking, as well as asset and wealth management. Headquartered in the vibrant city of New York, JP Morgan Chase & Co. boasts a formidable presence across over 100 countries worldwide.

Unveiling Employment Opportunities at JP Morgan Chase & Co.

Vacancies and Hiring Initiatives

JP Morgan Chase & Co. is continuously on the lookout for talented individuals eager to contribute to its legacy of excellence. The company's recruitment efforts are geared towards identifying candidates with the right blend of skills and qualifications to drive forward its various business segments. Whether you are a seasoned professional or a recent graduate, JP Morgan Chase offers a plethora of job openings across multiple disciplines.

High-Demand Positions

Among the myriad of roles, certain positions stand out for their attractive compensation packages and career advancement prospects. Notably, high-paying jobs at JP Morgan Chase & Co. include Relationship Manager, Branch Manager, and Software Engineer. These roles are critical to the firm's operations and offer lucrative opportunities for those with the requisite expertise.

Navigating the Job Market at JP Morgan Chase & Co.

Leveraging Job Portals and Job Alerts

For job seekers aiming to tap into the opportunities at JP Morgan Chase, staying updated through job portals and subscribing to job alerts is crucial. These tools can provide timely information about job openings, job fairs, and recruitment events, enabling candidates to apply promptly and prepare adequately for interviews.

Preparing Your Job Application

Your job application, comprising your resume and cover letter, is your ticket to securing an interview at JP Morgan Chase. Highlight your qualifications, skills, and experiences that align with the job listing, ensuring you stand out in the competitive job market.

Acing the Interview

Preparation is key to succeeding in your interview with JP Morgan Chase. Familiarize yourself with the company's business segments, values, and recent achievements. Demonstrating how your background and aspirations match the company's goals can significantly increase your chances of employment. A World of Job Opportunites in the Financial Services Industry JP Morgan Chase & Co. offers a world of job opportunities for those seeking to make their mark in the financial services industry. With competitive salaries, comprehensive benefits, and endless possibilities for growth, positions at JP Morgan Chase are highly coveted. By staying informed through job sites, tailoring your applications, and preparing thoroughly for interviews, you can enhance your prospects of joining the esteemed ranks of JP Morgan Chase employees. Explore the job board, seize the job opportunities, and embark on a rewarding career journey with one of the world's leading financial institutions.
Learn more about JP Morgan Chase & Co.
Size
661 employees
Market Cap
$384.5 billion
Industry
Net Income
$29.1 billion
Founded
1823
5 Year Trend
+0.7%
Revenue
$261.5 million
NASDAQ

Similar Jobs

More Jobs at JP Morgan Chase & Co.

More Finance & Insurance Jobs

  • Controller
    $110K — $120K *
    I & A Recruiting
    Crystal Lake, IL 60014 (Mchenry County)
  • Partner
    $200K — $500K+*
    Confidential Company
    Los Angeles, CA 90001 (Los Angeles County)
  • The Andersons
    Assistant Corporate Controller
    $110K — $130K *
    The Andersons
    Maumee, OH 43537 (Lucas County)
  • EXL Service
    Data Analytics Engineer
    $140K — $155K *
    EXL Service
    San Francisco, CA 94112 (San Francisco County)
  • EXL Service
    Senior Developer
    $100K — $115K *
    EXL Service
    Remote

Find similar Wealth Management, Private Bank, PLP Borrower Specialist, Analyst jobs: