Managing Director – Investment Specialist Blog Post

Allocator Jobs; New York (NY); On-site; USD 120,000 - 250,000; Full time

Job summary

An established industry player is seeking a Managing Director – Investment Specialist to join their dynamic team in New York City. This pivotal role involves collaborating with talented professionals to provide exceptional investment solutions to clients in the International Private Bank. You will leverage your extensive experience in wealth management and investment strategies to deepen client relationships and drive sales of complex investment products. If you thrive in a fast-paced environment and possess a strong entrepreneurial spirit, this opportunity is perfect for you to elevate your career and make a significant impact in the financial services sector.

Qualifications

• 10+ years of experience in Private Banking or Financial Services required.
• Series 7, 66, and Insurance licenses are mandatory.

Responsibilities

• Conduct investment reviews and prepare recommendations for clients.
• Develop investment policy statements and advise on asset allocation.

Skills

Investment Solutions

Wealth Management

Sales Experience

Fluent in Mandarin

Financial Planning

Asset Allocation

Education

MBA

CFA

Tools

Series 7 License

Series 66 License

Insurance License

Job description

Managing Director – Investment Specialist

December 14, 2024

Type of Role: Investments

Experience Level: Managing Director/CIO

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.

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 International 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 Team Lead in the International 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

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

Required Qualifications, Capabilities, and Skills

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

Preferred Qualifications, Capabilities, and Skills

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