Location: Columbus,OH, USA
JobID: 210577384
Category: Trusts & Estates
JobSchedule: Full time
Posted Date: 2024-11-25T19:05:00+00:00
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JPMorgan 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.
Job Description
The Practice Lead for JPMorgan's Closely Held Asset Management (CHAM) and Real Property Asset Management (RPAM) teams is a pivotal senior leadership role within the Global Trusts and Estates Practice. As a practice lead, you will be responsible for the strategic development, implementation, and management of business strategies, as well as the ongoing execution of CHAM and RPAM operations. The role demands collaboration with executive-level management at JPMorgan and requires exceptional communication skills, both verbal and written, to effectively engage with clients and professional advisors. The successful candidate will possess the ability to analyze complex scenarios and propose appropriate solutions, leveraging both internal and external resources under stringent time constraints. Additionally, the Practice Lead will oversee internal compliance, risk management reporting, completion of Regulation 9 asset reviews, and the administration of both internal and regulatory audits.
Job Responsibilities
* Oversee the fiduciary management of closely held and real property assets within fiduciary accounts.
* Provide strategic leadership and guidance to team members and colleagues.
* Drive business development initiatives for the CHAM and RPAM teams, in collaboration with Trust Officers, Bankers, and Wealth Advisors.
* Serve as a liaison with internal Compliance, Legal, and Risk partners to address complex client issues.
* Lead and/or participate in fiduciary committees responsible for asset acceptance, resolution of complex fiduciary issues, review of high risk relationships and portfolio concentrations, transaction approval and asset related risk mitigation
* Ensure adherence to banking regulations, policies, procedures, and JPMorgan standards.
* Continuously evaluate business processes to identify and implement efficiencies.
Qualifications, capabilities, and skills
* Bachelor's degree in Business, Finance, or a related field.
* Advanced degrees and professional credentials (e.g., MBA, CPA, ASA) are advantageous.
* A minimum of 15 years of experience in investment management, business lending, capital markets advisory, fiduciary services, business valuation, and/or legal practice is required.
* Detail-oriented with excellent organizational skills and strong oral and written communication abilities.
* Proficient in conducting in-depth analyses and utilizing problem-solving skills to achieve desired outcomes.
* Willingness to travel as necessary (less than 25%).