Asset Management - Private Bank Mortgage Advisor - New York, NY

Job description

The Wealth Management Mortgage Advisory team delivers customized, complex mortgage lending solutions to Private Bank clients. The Mortgage Advisors work with Bankers, Capital Advisors and additional integrated team members to deliver sophisticated lending solutions and excellent service to our clients.

Technical Skills and Industry Knowledge
· Ability to consistently structure mortgage solutions for clients with complex balance sheets and cash flows.
· Ability to analyze client"s balance sheet, cash flow, risk tolerance and financial objectives to propose a customized, complex mortgage structure that meets the client"s needs and falls within the Firm"s risk parameters
· Excellent communication and negotiation skills; ability to effectively design and sell alternative financing solutions when structure desired by client differs from the Firm"s standards.
· Deep understanding of the high net worth and ultra high net worth client profile and of the mortgage industry and its product offerings.
· Excellent sales skills and ability to recommend structures to external and internal clients.
· Self motivator and ability to facilitate change
· Knowledge of residential real estate regulations and compliance issues; including but not limited to Regulation B, RESPA and HMDA

Client and Interpersonal Skills
· Ability to partner with Bankers and other team members to create an outstanding client experience.
· Excellent communication skills required for in person and by phone meetings with clients and all parties related to the mortgage transaction.
· Consensus and relationship building skills necessary to operate as the mortgage solution expert on the WM integrated client teams.
· Strong, disciplined sales management/ business development skills needed to generate mortgage leads from Bankers.
· Ability to coach/ mentor less experienced Mortgage Advisors.

Key Responsibilities
· Originate loan volume to meet Wealth Management goals
· Structure and price new mortgage opportunities
· Coordinate internal credit approval process, effectively functioning as the bridge between credit processing and underwriting, the client and the integrated team members
· Assist credit underwriters obtain credit approval by participating in credit meetings and providing industry and client knowledge to the credit discussion.
· Participate in banking team meetings to train integrated team members, and in client meetings to discuss mortgage solutions.
· Develop less experienced Mortgage Advisors to reach their fullest potential.

Desired profile

Essential Qualifications

· 5 + years Residential Real Estate Mortgage Lending experience
· 5 + years of loan underwriting and cash flow analysis
· Undergraduate Degree

This position is subject to the Dodd Frank/Truth in Lending Act qualification requirements for Loan Originators. As such, an

employment offer for this position is contingent on JPMC's review of your criminal conviction history, credit report, information

available through NMLS, and any other information relevant to a determination by JPMC that you demonstrate financial

responsibility, good character, and general fitness for the position. Note that any felony conviction within the last seven years will

disqualify you from consideration for this position. Your continued employment in this position would be contingent upon

compliance with Truth in Lending Act/Dodd Frank Loan Originator requirements.

In addition, this position requires National Mortgage Licensing System and Registry (NMLS) registration under the SAFE Act of 2008.

As such, upon active employment with JPMorgan Chase, you will be required to either register on NMLS, or to update your existing

registration as necessary to grant access to and reflect your employment with JPMorgan Chase. Your continued employment in this

position with JPMorgan Chase is contingent upon compliance with the SAFE Act, including successful registration immediately after

your start date, and timely completion of annual renewal and required updates thereafter.

Any information obtained during the registration, update, and renewal processes or through NMLS notifications may impact your

employment with the firm. Any of the completed information you provide during the Chase on-line application process may be

transferred, on your behalf, to NMLS by JPMorgan Chase. Please carefully review the information you provide to Chase for accuracy

and consistency and with any current NMLS record, if applicable, before submitting. Further information about NMLS and

registration requirements of registration can be found at:

http://mortgage.nationwidelicensingsystem.org/SAFE/Pages/default.aspx .