Banker [Multiple Positions Available]
J.P. Morgan
United States · San Francisco, CA, USA
USD 350k-350k / year + Equity
DESCRIPTION:
Duties: Oversee the design, development, and delivery of strategic banking initiatives for sophisticated ultra-high net worth (UHNW) technology entrepreneurs. Independently source, develop, and cultivate new and manage existing relationships with UHNW technology industry clients by understanding their wealth management needs and providing targeted banking advice regarding proposed financial solutions that fulfill their personal and business needs in the short-, medium-, and long-term. Advise UHNW technology clients on their overall balance sheets, including asset allocation, investment management, wealth planning, credit, and banking needs, and drive a strategic and holistic goals-based planning approach. Partner with internal specialists to provide interdisciplinary expertise and to connect clients with all lines of business across the firm. Collaborate to develop cross lines of business programs and offerings for national technology industry vertical clients, inviting clients to all key events and sponsorships and facilitating the exchange of business referrals. Represent the Private Bank at key technology industry national conferences by spearheading organization of specific events, sourcing speakers, and moderating panels. Design and curate strategic marketing content for technology business development, in order to help bankers expand their client reach. Drive development of customized lending platform solutions for technology clients across lending and concentrated holdings for founders with highly-concentrated private positions. Develop framework for customized holdings and gifting analysis for executives and billionaires with executive-level compensation, charitable gifting opportunities, and tax considerations. Utilize the firm's investment platform to influence sophisticated clients' charitable gifting, private credit, fixed income, and tax loss harvesting strategies. Acquire new business assets both from existing client base and from new client acquisition. Ensure the team's strict adherence to all risk and control policies, regulatory guidelines, and security measures.
QUALIFICATIONS:
Minimum education and experience required: Master's degree in Business Administration, Finance, Economics, or related field of study plus five (5) years of experience in the job offered or as Banker, Private Banker, Investment/Wealth Management Associate, Financial Analyst, or related occupation. The employer will alternatively accept a Bachelor's degree in Business Administration, Finance, Economics, or related field of study plus seven (7) years of experience in the job offered or as Banker, Private Banker, Investment/Wealth Management Associate, Financial Analyst, or related occupation.
Skills Required: This position requires five (5) years of experience with the following skills: financial services sales; traditional investments; alternative investments including hedge funds, real estate, and private equity; wealth planning; private banking; fixed income; currency capital markets; macroeconomics; tax; trust and estate; credit and liquidity management; performing portfolio construction using goals-based scenarios and mean-variance optimization analysis to integrate financial goals and anticipated changes in income and spending patterns; using Monte Carlo simulations to generate multi-period projections which subject and stress hypothetical portfolio allocations to complex potential future market conditions; analyzing decomposition of expected return, volatility, and liquidity of various strategic asset allocations; and performing risk analysis on portfolio asset allocations using historical index data to test the performance of asset allocations during historical market conditions. This position requires three (3) years of experience with the following skills: conducting market research, financial modeling, and scenario analyses to drive financing and strategic initiatives across SaaS, artificial intelligence (AI), Cloud, and financial technology (Fintech) while advising C-suite executives including founders, Chief Executive Officers (CEOs), Chief Technology Officers (CTOs), Chief Investment Officers (CIOs), and tech-focused family offices; performing quantitative analysis of Annual Recurring Revenue (ARR), net retention, burn multiples, Intellectual Property (IP) collateral, and customer concentration in order to underwrite pre-Initial Public Offering (IPO) private-market executives and founders and to assess credit worthiness of concentrated assets owners within the private market; building models to review key tax considerations and option exercise opportunities based on 409a valuation, preferred rounds, and anticipated future valuation to help clients strategically plan around Restricted Stock Units (RSUs), Performance Stock Units (PSUs), and Performance Stock Options (PSOs) tied to product adoption, revenue milestones, and liquidity scenarios; executing detailed portfolio modeling and tax impact computations around Qualified Small Business Stock (QSBS) stacking, Section 1202 exemptions, lifetime gift, and Generation Skipping Tax (GST) planning ahead of founder liquidity events; researching and analyzing donor-advised funds, impact-investing vehicles, and grant structures to align clients' digital transformation goals with tax-efficient wealth transfer; reviewing client holdings to determine best gifting candidates including private shares of tech companies and digital assets; and synthesizing complex technical and financial analyses, including cloud architectures, AI model risks and tokenization strategies, into clear presentations for boards, investors, and family offices. This position requires one of the two following groupings of FINRA licenses: SIE, 7, 63, and 65; or alternatively, SIE, 7, and 66.
Job Location: 560 Mission Street, San Francisco, CA, 94105
Full-Time. Salary: $350,000 - $350,000 per year.
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
J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.
Oversee the design, development, and delivery of strategic banking initiatives for sophisticated ultra-high net worth (UHNW) technology entrepreneurs.