International Private Bank, Transition Banker, Associate
This is an exciting opportunity to join a dynamic, diverse team within J.P Morgan’s Private Banking business in France. We are actively looking for exceptionally talented individuals who are collaborative, confident and motivated to provide a first-class experience to clients. If you have an entrepreneurial mind-set 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.
Job Summary
The Transition Banker is responsible for overseeing the team’s closing book of clients. In this role, a strong understanding of the firm’s risk management procedures including the ‘know your client’ (KYC) process is key. While most of the relationships are not active given the clients typically hold illiquid positions, closing the client relationship in a first class way is important.
Job Responsibilities
• The Transition Banker will manage each account to ensure that the client has a completed profile and that accounts are properly maintained and serviced, specifically adhering to J.P. Morgan Risk Management policies
• Ensure the KYC periodic review process is completed and ensuring our records remain up-to-date while closing the relationship
• Responsible for managing the risk in the closing account book and ensuring areas of concern are escalated appropriately
• Main point of contact for the closing accounts working in coordination with Client Service and Investor coverage as needed to assist the client in liquidating and transferring assets to an external provider
Required Qualifications, Capabilities, and Skills
• Experience in Private Banking supporting a client focused business
• Achievement oriented, focused on exceeding business goals with strong attention to detail
• Proven ability to prioritize and meet deadlines
• Experience or demonstrated understanding of investments and banking concepts including, but not limited to: asset allocation on structured portfolios, managed portfolios, brokerage accounts, portfolio reviews, deposit and loan solutions
• Excellent communication skills, both written and oral
• Ability to adapt to a rapidly changing business including regulatory and technological environment
Preferred Qualifications, Capabilities, and Skills
• Multi-lingual
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