Wealth Management, Deposit Sales Specialist, Vice President

JP Morgan Chase; New York (NY); On-site; USD 120,000 - 180,000; Full time

Benefits offered by this job

Competitive total rewards package

Health care coverage

Retirement savings plan

Tuition reimbursement

Mental health support

On-site health and wellness centers

Job summary

J.P. Morgan Wealth Management & Investment Solutions (WMIS) seeks a Vice President Deposit Sales Specialist to grow the Private Bank deposit book across regions and provide tailored client solutions.

You will partner with bankers, investors, and ITMs to lead sales efforts and deliver strategic pricing support. The role emphasizes cash-management expertise, macro market insight, and a proactive approach to educate advisors while balancing risk and reward in a dynamic market.

Qualifications

• 5+ years of cash management sales and relationship management experience.
• Knowledge and understanding of macroeconomic dynamics and rate markets.
• Team-oriented with ability to develop strong working relationships with clients and colleagues.
• Innovative and entrepreneurial mindset with ability to contribute ideas for platform evolution.
• Strong verbal and written communication skills.
• Strong analytical and time management skills.
• Demonstrated experience of meeting or exceeding sales goals; proven top contributor.
• Undergraduate Degree.
• Series 7 and 63 preferred, or otherwise required within 12 months of date of hire.

Responsibilities

• Partner with ITMs to drive increased penetration of banking products and solutions for existing and new clients
• Provide support for general inquiries (e.g. overview of deposit product features, pricing, rates commentary, etc.)
• Proactively educate advisors on cash management strategies and relevant macro and rate market conditions
• Partner with leadership to design, manage, and track sales efforts
• Present tailored proposals, pricing analyses and cost/benefit analyses based on client needs
• Manage / approve rate and pricing exceptions within delegated authorities

Skills

Cash management sales

Relationship management

Macro rate market knowledge

Team-oriented

Communication skills

Analytical skills

Sales achievement

Education

Bachelor's degree

Job description

J.P. Morgan Asset & Wealth Management, with client assets of $2.8 trillion, is a global leader in investment and wealth management. Its clients include institutions, high-net-worth individuals and retail investors in every major market throughout the world. The division offers investment management across all major asset classes including equities, fixed income, alternatives, multi-asset and money market funds. For individual investors, the business also provides retirement products and services, brokerage and banking services including trusts and estates, loans, mortgages and deposits.

J.P. Morgan Wealth Management & Investment Solutions (WMIS) is a global wealth management leader that delivers the highest quality advice, service, capabilities and products to High and Ultra High Net Worth (H/UHNW) individuals and families around the world. We deliver highly customized and comprehensive solutions to help clients with the many complexities they face by leveraging the commercial and investment banking capabilities of the firm.

WMIS is involved with every facet of wealth management, including investments, wealth structuring, philanthropy, liquidity and credit management, and tax and estate planning. Our business model focuses on deep client relationships, an integrated team structure and a platform of depth and breadth serving multiple channels, including J.P. Morgan Private Bank.

As a Deposit Sales Specialist, Vice President, you will partner with bankers, investors, regional leadership, and Client Service teams (Integrated Team Members – ITMs) to provide Banking sales management, thought leadership, and product support to J.P. Morgan Private Bank clients. A successful candidate will be responsible for the growth of the Private Bank deposit book in their region and provide customized client solutions.

Job Responsibilities:

• Partner with ITMs to drive increased penetration of banking products and solutions for existing and new clients
• Provide support for general inquiries (e.g. overview of deposit product features, pricing, rates commentary, etc.)
• Proactively educate advisors on cash management strategies and relevant macro and rate market conditions
• Partner with leadership to design, manage, and track sales efforts
• Present tailored proposals, pricing analyses and cost/benefit analyses based on client needs
• Manage / approve rate and pricing exceptions within delegated authorities

Required Qualifications, Skills and Capabilities:

• 5+ years of cash management sales and relationship management experience
• Knowledge and understanding of macroeconomic dynamics and rate markets
• Team-oriented with ability to develop strong working relationships with clients and colleagues
• Innovative and entrepreneurial mindset with ability to contribute ideas for platform evolution
• Strong verbal and written communication skills
• Strong analytical and time management skills
• Demonstrated experience of meeting or exceeding sales goals; proven top contributor
• Undergraduate Degree
• Series 7 and 63 preferred, or otherwise required within 12 months of date of hire

JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

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. Seeking a Deposit Sales Specialist to partner with bankers, investors, regional leadership, and Client Service teams to provide Banking sales management, thought leadership, and product support to J.P. Morgan Private Bank clients.