J.P. Morgan Wealth Management - Senior Associate - Field Performance and Incentives Strategy & Desig

The J.P.

Morgan Wealth Management (USWM) business is focused on helping investors achieve their long-term financial goals and is comprised of Chase Wealth Management (CWM), J.P.

Morgan Advisors (JPMA), J.P.

Morgan Personal Advisors (our remote advice channel), and Self-Directed (our digital investing platform).

The combined business has ~$600 billion in Assets Under Management and over 5,000 advisors located across 3,500 branches and 20 offices.

Our Advisor compensation and incentive programs reinforce our business strategy and drives appropriate Advisor behavior.

Incentive compensation represent our single largest expense and is critical to recruiting, motivating, and retaining Advisors.

As a Senior Associate within the Field Performance and Incentives team, you will directly support end-to-end design and oversight of our Advisor incentive strategy.

We explore compensation design options that impact every aspect of our business, including advisor roles and responsibilities, performance management, development and transitions, attraction and retention, business channel alignment, industry peers and benchmarks, regulatory and statutory requirements, as well as connection to other J.P.

Morgan communities including Investment Banking, Consumer Banking, and the Private Bank.

This also includes programs to better service clients through Advisor collaboration and partnership, including Advisor teaming, cross line-of-business transfers, retirement, and career progression programs.

This high exposure role will play an important role in the design, delivery, execution, and analysis of our Advisor incentive programs and have a meaningful contribution to our ambitious business goals.

Job Responsibilities


* Drive the strategic design and development of Advisor incentive plans and Advisor compensation programs in partnership with Business Leaders and key partners from Legal, Compliance, HR.


* Manage the design, development, and implementation of new Advisor programs.

Partner with business partners to define processes, create policy documentation and guidelines, and provide support to field leadership.

Illustrative projects:
+ New Hire Programs to drive client service and productivity through Advisor development, performance management, and incentive programs
+ Advisor Teaming Programs to improve all forms of Advisor partnerships, with a focus on near/long-term solutions to technology, process, compensation, and practice management.
+ Advisor Retirement Programs to assist Advisors to start, develop, and end their careers at JPM,
to improve the preparation and transition process for clients and Advisors.


* Contribute to the end-to-end review of Private Client Investment Associate (PCIA) roles, compensation, incentive operating model, and execution


* Close collaboration with Finance partners on related topics, such as compensation design modeling, budget and forecasting, and analytics.


* M...