Market Director Banking - Minneapolis, MN at JPMorgan Chase | The Muse (2024)

AT JPMorgan Chase
JPMorgan Chase

Plymouth, MN

We have an obsession for taking care of our customers and employees, making them feel welcomed and valued by building lasting relationships, doing the right thing, exceeding expectations, and having a strong commitment to diversity and inclusion. At Chase, you'll have the opportunity to help people make the most of their money so they can make the most of their lives.

As a Market Director of Banking in Consumer Bank, you will lead a world class customer experience, strategize to increase the growth of the deposits and banking business, develop and coach Branch Managers, and oversee the management of the market alongside other executive leaders. You will also play a key role in ensuring our Customer Promise comes to life for our clients, by creating a culture of excellence and an environment that meets a high standard of customer service and excellence within the community.

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Market Director Banking - Minneapolis, MN at JPMorgan Chase | The Muse (1)

Job responsibilities

  • Manages and coaches branch managers to engage customers and address any escalations
  • Develops best practice techniques for coaching, reviewing business, cooperation and ensuring compliance
  • Recruits, retains, and develops excellent talent and instills an environment where employees feel valued, supported, and able to achieve career growth
  • Develops strategies to achieve key financial metrics including deposit and investment balance growth, customer acquisition and retention, and expense management
  • Leads integration with partners from Chase Wealth Management, Business Banking and Home Lending (One Chase) to ensure the growth of other lines of business, including investments and loans
  • Manages the market to ensure an excellent customer experience and deploy resources to optimize market performance
  • Ensures all branch managers are effectively mitigating risk and remaining in compliance to guarantee a safe banking experience for clients through deep dives and business review

Required qualifications, capabilities, and skills

  • 5+ years of Branch management or other related leadership experience
  • High school degree, GED, or foreign equivalent
  • Proven track record of coaching and developing high performing sales teams coupled with the ability to effectively translate knowledge of financial markets and economic trends
  • Ability to identify needs of market segment in order to tailor proactive customer education
  • Demonstrated ability building relationships and proactively collaborating with other lines of business remotely
  • Ability to proactively take initiative to identify solutions including entrepreneurial business spirit and execute with a sense of urgency
  • Experience with consumer and commercial credit knowledge and understanding of financial planning including customer life cycle

Preferred qualifications, capabilities, and skills

  • College degree or military equivalent
  • Familiarity of local/regional market trends and demographics
  • Ability to set the tone of commitment to diversity and inclusion
  • Strong commitment to upholding a sound risk and controls environment

Travel requirement

  • Ability to travel as required for in-person training and meetings which may include traveling out of state

ABOUT US

Chase is a leading financial services firm, helping nearly half of America's households and small businesses achieve their financial goals through a broad range of financial products. Our mission is to create engaged, lifelong relationships and put our customers at the heart of everything we do. We also help small businesses, nonprofits and cities grow, delivering solutions to solve all their financial needs.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, discretionary incentive compensation which may be 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 reimbursem*nt, 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.

Equal Opportunity Employer/Disability/Veterans

ABOUT THE TEAM

Our Consumer & Community Banking division serves our Chase customers through a range of financial services, including personal banking, credit cards, mortgages, auto financing, investment advice, small business loans and payment processing. We're proud to lead the U.S. in credit card sales and deposit growth and have the most-used digital solutions - all while ranking first in customer satisfaction.

We are here to help you manage your money with checking, savings and credit cards, combining the latest banking technology with comprehensive solutions to meet the financial needs of nearly half of U.S. households.

Client-provided location(s):

Plymouth, MN, USA

Job ID:

JPMorgan-210547451
Employment Type:

Full Time

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Market Director Banking - Minneapolis, MN at JPMorgan Chase | The Muse (2024)

FAQs

Is it hard to get hired at JPMorgan Chase? ›

Getting hired at J.P. Morgan Chase & Co. or any big bank straight outta UCI? While it's not impossible, it's definitely no walk in the park. Competition's fierce, and these banks are not just handing out jobs like candy on Halloween. Sure, UCI's a solid school, but it's all about what you bring to the table.

How hard is it to get an investment banking job at J.P. Morgan? ›

Last year, JPMorgan said it had 50,000 applications for 400 jobs in its investment banking division, an acceptance rate of 0.8%. This year, JPMorgan says it had 270,855 applications for 4,604 internships globally, an acceptance rate of 1.7%.

Who makes the most money at J.P. Morgan? ›

Some of the highest wages a worker can make at J.P. Morgan are in the job titles Senior Software Engineer ($225,000), and title Senior Software Engineering Manager ($219,076) which are the highest paying jobs at J.P. Morgan.

Who are the top executives at JPMorgan Chase? ›

Board of Directors
James Dimon Chairman & Chief Executive OfficerJPMorgan Chase & Co.
Mark Alan Weinberger DirectorJPMorgan Chase & Co.
Alex Gorsky Independent DirectorJPMorgan Chase & Co.

How many rounds of interview does JPMorgan Chase have? ›

Nevertheless, the JP Morgan interview process typically consists of two major portions – an automated, virtual first round interview through the HireVue platform, and a second round of behavioral and technical interviews.

How to pass the interview at JP Morgan? ›

Highlight your skills and abilities: We want to know your accomplishments and what drives you. Share relevant experiences and specific attributes like self-discipline, collaboration and attention to detail to show us why you'd be a great fit.

What is the hardest Bank to get into? ›

The numbers suggest that Morgan Stanley's acceptance rate for students was a miniscule 0.43% in EMEA, twice as competitive as Goldman Sachs and almost four times tougher than Citigroup's 1.58%. By comparison, the easiest global program to get into was Bank of America's.

What is the acceptance rate for JPMorgan? ›

JPMorgan accepts less than 1% of intern applications and trains everyone in LLMs. JPMorgan's investor day has had a lot to say already about its investment into bringing in new bankers and traders. It's also revealed some interesting facts about its training program. Get Morning Coffee ☕ in your inbox.

What GPA do you need to work at JP Morgan? ›

A: We value diverse degree backgrounds and experiences and while a GPA 3.2 (or equivalent) in your undergraduate degree is preferred it is not required. Our training programs are designed to allow everyone, regardless of major studied to succeed.

What is the average bonus for JP Morgan Chase? ›

The average J.P. Morgan salary in the U.S. is $93k for analysts (average of first and second-year), $137k for associates and $182k for VPs. What is the average bonus for J.P. Morgan in the U.S.? The average bonus for J.P. Morgan in the U.S. is $36k for analysts, $57k for associates and $68k for VPs.

Who pays more Goldman Sachs or J.P. Morgan? ›

Of the top 3 common jobs between the two companies, Goldman Sachs salaries averaged ₹11,53,062 higher than J.P. Morgan.

Who is the highest paid employee in JPMorgan Chase? ›

BankExecutiveTotal Compensation
JP Morgan ChaseJames Dimon Chairman and CEO$27.8 million
JP Morgan ChaseMichael J. Cavanagh Chief financial officer$8.3 million
JP Morgan ChaseSteven D. Black Co-CEO Investment Bank$20.9 million
JP Morgan ChaseJames E. Staley CEO Asset Management$16.7 million
52 more rows

Is JPMorgan Chase prestigious? ›

FORTUNE names JPMorgan Chase the 5th Most Admired Company in the World. FORTUNE has placed JPMorgan Chase in the top five of its “World's Most Admired Companies” list, ranking #5 in 2024 for the second consecutive year.

What is the highest package in JPMorgan Chase? ›

The highest-paying job at JPMorgan Chase & Co. is a Managing Director with a salary of ₹123.5 Lakhs per year. The top 10% of employees earn more than ₹35 lakhs per year. The top 1% earn more than a whopping ₹63.20 lakhs per year.

What is the career hierarchy at JP Morgan? ›

The hierarchy of JP Morgan has analysts on the bottom, followed by associates, assistant vice presidents, vice presidents, executive directors, and managing directors. Within these groups, there are often specific hierarchies that can be worked up to throughout careers.

What is the acceptance rate for JP Morgan jobs? ›

The acceptance rate of less than 1% makes JPMorgan's investment bank harder to get into than Harvard or Yale. That level of interest doesn't seem to be isolated to JPMorgan, which is a juggernaut on Wall Street across advisory and trading businesses.

Are JP Morgan interviews hard? ›

J.P. Morgan interviews FAQs

Is it hard to get hired at J.P. Morgan? Glassdoor users rated their interview experience at J.P. Morgan as 61.5% positive with a difficulty rating score of 2.93 out of 5 (where 5 is the highest level of difficulty).

How long is the hiring process for JPMorgan Chase? ›

How long does it take to get hired at JPMorgan Chase & Co? The hiring process at JPMorgan Chase & Co takes an average of 25.79 days when considering 6,171 user submitted interviews across all job titles.

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