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New here? Every junior finance job in London, each one explained in plain English. Start with what the words mean, then work down the board.

International Private Bank, Private Banker, Institutional Wealth Group

JPMorgan · Experienced hire · LONDON, LONDON, United Kingdom

No deadline given. It closes when the places fill, which on a sought-after London desk is often weeks after it opens. Apply as if it closes tomorrow.

Posted 7 September
Apply on the firm's site

Team: Global Private Bank. As an Advisor Summer Intern in the Global Private Bank, you will have what you need to succeed - from training and mentorship from senior executives to projects that engage all your skills (source)

Who to write to at JPMorgan

What this title actually means

The title reads 'International Private Bank, Private Banker, Institutional Wealth Group'. 'International Private Bank' names the division, 'Private Banker' names the client-facing advisor role, and 'Institutional Wealth Group' names the sub-team focused on institutional wealth and family offices. Source

The 'Private Banker' title points to a senior client-facing advisor at individual contributor level, rather than an Analyst or Associate seat on the investment banking ladder.

The team

The posting title places the role in 'International Private Bank', and the body says 'The UK team is hiring a Private Banker to focus on UK based institutional wealth and family offices', with the Business unit listed as 'Asset & Wealth Management'. Source

Within J.P. Morgan this desk sits inside the firm's Global Private Bank, the line that runs the private banking business the posting describes as 'J.P Morgan's UK Private Banking business'.

The firm

The posting names the employer as J.P. Morgan, with the London office at 60 Victoria Embankment, London, EC4Y 0JP. Source

About 580 people have held London roles at JPMorgan since 2018.

What this posting signals

The requisition type is 'Professional' and the role leads new client acquisition and retention, advising clients on their overall balance sheet including asset allocation, investment management, wealth planning, credit and banking needs. Source

With no deadline stated, applications are likely reviewed on a rolling basis, so earlier is safer than later.

Are you eligible?

Required: experience in wealth management working with UK based institutional wealth and family offices; previous business development experience with knowledge in profiling, negotiation and asking for referrals; demonstrated understanding of investments, banking and trust concepts; strong reputation with an established network. Source

Preferred: asset allocation / multi asset class portfolio exposure; Chartered Financial Analyst (CFA) qualified. Source

A recent graduate with no prior wealth management or business development track record would not meet the bar: this is an experienced hire, not a graduate intake.

Ready to apply?

No deadline given, so it closes when the places fill.

Apply on the firm's site

Before you send it

Most junior seats are filled by someone writing to the right person before a portal fills up. Here is one of the people JPMorgan publishes, in full.

9 people. Their role, the page the firm names them on, and how to reach them

8 more people, in the same shape as the one above.

What membership includes

Get your CV read and rewritten free, and with off-market intelligence, tailored to this exact desk, rebuilt around what this team actually does rather than what the advert says.

Words in this posting, explained

Tap one to read what it actually means. Two minutes each.

Wealth Management
division

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