2027 Asset & Wealth Management U.S. Private Bank MBA Summer Associate Program

About the role

Embark on a transformative journey with J.P. Morgan's U.S. Private Bank Summer Associate Program. This nine-week internship offers unparalleled career growth and the chance to work with industry leaders in wealth management. The program begins with a five-day orientation introducing you to the firm and the Private Bank business, including skills development sessions in markets, sales, and client relationship management.

You'll gain exposure to every facet of wealth management, including planning, investing, borrowing, and banking. As an ambassador for J.P. Morgan, you will build key skills in client acquisition and retention through a broad set of solutions. The program includes training classes, a senior speaker series, market discussions, and networking opportunities, with dedicated guidance and feedback throughout.

Responsibilities

• Work with a team of advisors and specialists to bring in new clients and serve existing ones.
• Deliver highly customized and comprehensive solutions to help protect, manage, and grow wealth.
• Learn the fundamentals of the wealth management business by partnering with a successful Private Banking team, accountable for identifying and managing high net worth and ultra-high net worth client relationships.
• Work in teams to foster client relationships and present strategic solutions that help clients achieve their financial goals.

Requirements

• First-year M.B.A. candidates with 3+ years' work experience.
• Attend college/university in the U.S.
• Expected graduation date of December 2027 through June 2028.
• Excellent communication and presentation skills, strong quantitative skills, a passion for investing, exceptional organizational skills, and the ability to multitask.
• Exceptional interpersonal, communication, analytical, and problem-solving skills.
• Genuine interest in financial markets and macro-level economic trends.
• Desire to ultimately work with external clients in a relationship-building and sales capacity.
• Ability to thrive in a fast-paced, collaborative environment.
• Highly inquisitive, focused, and proactive.
• Good judgment and discretion when working with confidential information.

Locations

East Region: New York Metro (Garden City, Manhattan), Baltimore, Boston, Cincinnati, Cleveland, Columbus, Greenwich, Philadelphia, Pittsburgh, Summit, Washington D.C., Westchester.

Southeast Region: Atlanta, Charlotte, Fort Lauderdale, Miami, Palm Beach.

South Region: Austin, Dallas, Fort Worth, Houston, New Orleans, San Antonio.

Midwest Region: Birmingham (Detroit Metro), Chicago, Chicago Northshore (Winnetka), Indianapolis, Milwaukee, Minneapolis, St. Louis.

West Region: Century City (Los Angeles), Las Vegas, Orange County (Los Angeles), Pasadena (Los Angeles), Salt Lake City, San Diego, San Francisco, Seattle, South Bay (Los Angeles), Walnut Creek (East Bay), West Lake Village (Los Angeles).

About the Private Bank

Our advisors help clients achieve their financial goals by delivering tailored solutions and services across investments, credit, banking, and Trust & Estates practices. This individualized attention supports unique client goals and helps build, preserve, and manage wealth over time. No client has identical goals, so understanding their needs and tailoring our approach requires collaboration across teams and the firm to provide first-class service.

We're located in more than 120 offices across 11 countries and 25 states, delivering best-in-class service guided by industry leaders. J.P. Morgan was named 2024’s “Best Private Bank in the World” and “Best Private Bank in North America” by Global Finance magazine.

For over 200 years, we have worked with innovators, entrepreneurs, industry leaders, and their families to help them achieve their ambitions, secure their legacies, and make a difference in the world. The Private Bank helps clients plan, invest, borrow, and bank to create the life and legacy they envision.

Benefits

We offer a competitive total rewards package including base salary, commission-based pay, and discretionary incentive compensation (cash and/or forfeitable equity). Benefits include:

• Comprehensive health care coverage.
• On-site health and wellness centers.
• A retirement savings plan.
• Backup childcare.
• Tuition reimbursement.
• Mental health support and financial coaching.

Additional details about total compensation and benefits will be provided during the hiring process.