Wealth Management Solutions, Trust & Estates, Closely Held Asset Management Regional Director, ED

Job Description

Wealth Management Solutions, Trust & Estates, Closely Held Asset Management Regional Director, ED

 

About Us: The Global Trusts & Estates Practice is a cornerstone of the services we offer to clients. With over 160 years of experience in serving as a corporate fiduciary for families, our Trust and Estate services are delivered by highly skilled professionals who possess both technical expertise and the ability to engage effectively with diverse families and individuals.

 

Position Overview: As a Regional Director in J.P. Morgan’s Closely Held Asset Management (“CHAM”) team, you will play a pivotal role in strategically growing and managing closely held business assets owned in trusts and estate accounts of Private Banking clients. Reporting to the CHAM Practice Lead, you will lead a team of professionals, oversee the management of closely held assets, and ensure the delivery of exceptional service to our clients. Your role will involve strategic planning, business development, asset due diligence, and collaboration with senior management to drive initiatives to completion. You will manage a team responsible for asset review reporting activities to assess and manage risk, support account acceptance and holding recommendations, and ensure compliance with banking regulations and fiduciary standards.

 

Job Responsibilities:

• Business Development: Help drive business development initiatives in collaboration with Trust Officers, Bankers, Wealth Advisors, and external legal and tax advisors to grow revenue and assets under management for the Trusts & Estates practice. Conduct due diligence on closely held business interests to support the new business acceptance process.
• Fiduciary Management:  Oversee the management of closely held assets where J.P. Morgan serves as a corporate fiduciary, ensuring compliance with banking regulations, policies, and J.P. Morgan standards. Implement effective risk management and mitigation for assigned assets and accounts.
• Asset Management: Oversee completion of regulatory and due diligence reviews of closely held assets, including business reviews, management interviews, analysis of financial and operating performance, and determining marketability and account holding recommendations. Review corporate governance and financial reporting. Evaluate key actions, including attending shareholder meetings, approving changes in key governing documents, and evaluating purchase and sale transactions.
• Strategic Leadership:  Provide leadership and guidance to CHAM Asset Managers and internal partners, ensuring alignment with the broader goals of the Global Trusts & Estates Practice. Provide training/education and help develop marketing materials to support business priorities.
• Team Management:  Lead and mentor a team of Asset Managers, providing guidance and support to ensure successful execution of their responsibilities.
• Stakeholder Engagement: Serve as a liaison with internal Compliance, Legal, and Risk partners to address complex client issues and ensure adherence to regulatory requirements.
• Process Improvement: Continuously evaluate business processes to identify and implement efficiencies.
• Communication: Prepare and present complex analyses and recommendations to internal and external stakeholders, including clients, trust beneficiaries, professional advisors, executive management, and internal committees.

Qualifications, Capabilities, and Skills:

• Bachelor’s degree in Business, Finance, or a related field. Advanced degrees and professional credentials (e.g., CTFA, JD, CFA, MBA, CPA, ASA, AM, etc) are advantageous.
• A minimum of 10 years of experience in trusts & estates, business valuation, investment management, private business advisory, legal, and/or accounting.
• Proven ability to lead and manage a team of financial and other asset management professionals.
• Detail-oriented with strong organizational skills and excellent 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 15%).

About Us

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

About the Team

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.​