Executive Director – Investment Specialist Blog Post

Allocator Jobs; New York (NY); On-site; USD 120,000 - 180,000; Full time

Job summary

An established industry player is seeking an Executive Director – Investment Specialist to enhance client relationships and provide tailored investment solutions. In this dynamic role, you will leverage your expertise in wealth management to conduct investment reviews, develop asset allocation strategies, and collaborate with a talented team to drive client success. If you thrive in a fast-paced environment and possess a strong sales acumen, this is an exciting opportunity to elevate your career in a prestigious financial institution. Join a forward-thinking company where your contributions will have a meaningful impact on clients' financial journeys.

Qualifications

• 7+ years in Private Banking or Financial Services required.
• Series 7, 66, and Insurance licenses needed.

Responsibilities

• Conduct investment reviews and prepare product recommendations.
• Develop investment policies and advise on asset allocation.
• Build strong relationships with internal clients.

Skills

Investment Solutions Advisement

Client Relationship Management

Sales Skills

Wealth Management Knowledge

Asset Allocation

Investment Policy Development

Hedge Funds Knowledge

Private Equity Knowledge

Education

MBA

CFA

Series 7 and 66 Licenses

Job description

Executive Director – Investment Specialist

November 21, 2024

Type of Role: Investments

Experience Level: VP/Principal/Director

Location: New York City, New York

J.P. Morgan Asset Management is the world’s third-largest alternatives manager, with a 40-year history of delivering innovative alternative solutions across market cycles. Our alternative investment engines are managed by highly specialized independent teams, backed by the global reach, vast resources, and robust governance of J.P. Morgan Asset Management. Our alternative strategies are designed to achieve specific client outcomes and built to deliver uncorrelated returns to traditional asset classes. Customized alternative portfolios can be tailored to individual client needs. We offer strategies across the alternative investment spectrum, including real estate, private equity and credit, infrastructure, transportation, liquid alternatives, and hedge funds. Details below.

Job Description

Posting Description

We are actively looking for exceptionally talented individuals who are collaborative, confident, and motivated to provide a first-class experience to clients within J.P. Morgan’s U.S. Private Bank. If you have an entrepreneurial mindset 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.

As an Investment Specialist in the U.S. Private Bank, you are responsible for helping the Banker win new clients and deepen and strengthen existing client relationships through advisement on investment solutions.

Job Responsibilities

1. Conduct investment reviews with clients to validate the clients’ current investment objectives and prepare recommendations of appropriate investment products.
2. Develop investment policy statements and advise on asset allocation.
3. Close sales of complex investment products.
4. Support coordination of sales effort with Capital Advisors, Trust Officers, and Wealth Advisors focused on qualified purchaser clients and act as the primary resource for investment communication.
5. Build excellent working relationships with internal clients.
6. Adhere to internal and external policies and procedures regarding securities transactions and code of conduct.
7. Provide guidance to junior staff.

Required Qualifications, Capabilities, and Skills

1. Series 7, 66, and Insurance licenses required for position; unlicensed candidates considered, but required to obtain licenses within 90 days of start date.
2. Seven plus years of experience in Private Banking or Financial Services industry.
3. Demonstrated understanding of wealth management including, but not limited to: credit, deposits, trust, and financial planning.

Preferred Qualifications, Capabilities, and Skills

1. MBA or CFA preferred.
2. Prior experience providing complex investment solutions to individuals.
3. In-depth experience and/or knowledge of hedge funds, private equity, and alternative investments.
4. Ability to execute trades smoothly and seamlessly and manage brokerage activity.
5. Sales experience including: profiling, overcoming objections, negotiation, team selling approach, closing the sale, and asking for referrals.