JP Morgan Private Banker HireVue

What would you do if you were unable to meet a deadline?

If I could not meet a deadline. I try and delegate the work to a colleague and return the favor for them later. I like to be true to my word. If not, I would specifically address the situation in why it was late and own up to my responsibilities and prioritize getting better at time management.

Which is better meeting a deadline or doing a perfect job?

Meeting the deadline is more important than doing a perfect job. Meeting the deadline would not only keep the client happy but if there is something that needs to be fixed, I could reach out to the client and ask.

JP Morgan has a diveresed group of people, explain a time where you worked in a diverse group of people and explain.

The time i worked in a diverese group of people was when I interned for PitchBook Data. I interned as a Sales Devlopment Representative where I worked in a team of 12 other reps. They were all over the country working out of the Seattle office. Being over remote made it a challenge but I wanted to take the initiative and get my self out there and form relationships with the members so I set up 1 on 1 meetings with them so they can give me tips on the role and be able to get to know eachother and the culture of the team.

Tell me about yourself?

-I am from a small suburb outside of New Orleans, Louisiana - I currently am a senior majoring in finance, graduating in the spring and interested in pursuing my career in the financial service industry as a private banker. - I currently have a 3.33 gpa while maintaining 2 different positions. I am an Accountant intern for GMFS lending which is a commerical and residential mortgage loan bank where I adjust journal entries and do bank reconciliation. I am also my fraternity's chapter president which i was elected to oversee the strategic vision of the chapter by a 165 member chapter - Also, this past summer I interned for PitchBook Data as a Sales Development Representative which I got to consult with VC, PE, and M&A C Suite executives and demonstrates our our private market information can address their needs. - i enjoy collaborating with a team and being able to work with clients. I enjoy am more interested in the analytical and quantitative side, like the financial market and reading charts but being able to from relationships also.

Explain a time you convinced someone?

Being director of finance for a student body presidential campaign, we would have ticket meetings where the public was allowed to sit in our meetings and listen to our polices. Towards the end of the presentation, I would have a moment where I would talk about the finances about the campaign and list what we were trying to acquire. I would have to talk to a crowd of 60+ and convince them to Venmo at the least $5 to help fund fliers, t shirts, buttons to support the campaign they supported

Whats a time you saw something wrong in a team/project/ activity you were doing?

Being president I would look over 14 different committee heads and stay on top of their projects. We had house renovations this past summer and the house manager was responsible in this matter. Due to him not completing his tasks and not being on it. I had a talking with him that he needs to do better. He did not really take into consideration and continued doing a poor job, so I took him off and appointed someone that did complete the job.

Why do you want to work at JP Morgan?

Chad Malinowski The opportunity to work at a global bank and gain exposure to a wide variety of clients Being bilingual, fluent in both Spanish and English, I enjoy assisting clients to their maximize potential, I can see JP Morgan setting myself up for success here. - I remember last year when I was applying for the Summer analyst role for this past summer, I was networking investment bankers that went to different colleges. Not being so experience in the matter, everyone was so helping. I can tell the culture at JP Morgan is strong and hope to impact on it.

Greatest challenges the financial sector will face in the next five years?

I think the greatest challenge for the financial sector will face in next 5 years is bouncing back financially from the COVID 19 pandemic. The average return on shareholders has been on a decline since the pandemic. Return on shares is decided by the board of directors basing off of the companies' financial performance.

Provide an example of a time you assessed the problem and understood its problems and how'd you analyze the inflation?

I was treasurer at the time and it was summer 20' going into my Junior year and it was still during the quarantine. School announced that it would be online but everything was going to continue. My responsibility at the time was the finances. I thought to myself, how am I going to get people to stay active in the fraternity if there are no social events due to the pandemic. Whats the incentive? The more members, the more revenue we have. I started to analyze my budget which is a more detailed income statement. I created by taking the average price of our expenses and how much we invoice a semester, times a margin of error (85%). I was able to get our expenses down and was able to discount dues 35% down. We could not just put the fraternity on freeze.

Why do you want to work in this role?

The reason I want this role is because I believe I because of my past experience, it has shaped into what I think an ideal private banker is. Being able to think analytically, form relationships, and make decisions for people. I have learned to work and collaborate in diverse crowds and background. I enjoy the analytical part of finance, interning at a mortgage bank I analyze financial statements. Most importantly, is the relationship I can form with clients. I like to show great care and be charisma to clients. Interning for PitchBook Data taught me that I enjoy the working with clients and consulting them on their problems but wish to work more on the analytics side.

What skills did you gain in your previous internship or experiences?

There are 2 roles of mine that help me gain skills and shape me into who I am -The skills that I learned from my previous internship is to take the initiative and be able to adapt in situations. My role at PitchBook as an SDR was to call inbound/ outbound leads that were interested in PitchBook's private market data and be able to find use cases. What I meant by adaptability is that, me going into a phone call with the C Suite executive, I had to make sure I was up to speed with the private market language and be able to be professional on the phone. This allowed to form relationships with different clients from around the world and help grow my network. Even when they wouldn't go through with the purchase of the platform, we would still have that relationship because I helped him in his current needs. - As chapter president of a 165 member chapter I took the initiative to lead a group during a global pandemic, know that every day is a new challenge that surfaces. If it is not internally, it is externally with the university. Being held at such a high platform is an honor to have due to the fact that I inspire young college students into academic and personal achieving success. Working on a executive board, it is important to always stay in communication and ontop of deadlines so everything goes smoothly.

Strengths and Weakenesses

Transformational leader Charismatic leader Vulnerability as a leader- being able to break that barrier from your platform to members so I am seen as a leader not a boss I enjoy taking on challenges, taking initiatives on things I think in an analytical way, always wanting to know the exact measures I take decisions personally, making sure that it is the correct one. I lean on my team to make the best decision and consult with them I like to analyze the situation thoroughly before making a decision so I get all the points which leads to not being as fast When a project doesn't go the way I like it, I lack to delegate if I don't trust the person and just put the project on myself.

What makes you a good fit for this role?

What I get from a Private Banker is some one who is strong analytically and also is confident in their decision making skill being able to work under pressure and excell. What makes me good fit for this role is that based off of my experiences, it has shaped me into an individual that can thrive in this atmosphere. I have been working with people and or clients for as long as I can remember starting from restaurants to Interning at Pitchbook Data. I worked with C Suite executives to HNWI being able to consult their problems and being to demonstrate solutions. Being president now, it has introduced to me to new challenges and having to look after everyone, taking risks, I tend to make decisions that are hard for everyone but is the right thing to do so. Being a private banker, understanding the bank aspect of it. Being able to work with HNWI and understanding their financial situations and helping grow their net worth. When I worked at PitchBook Data I really enjoyed helping clients grow financially to their maximum potential.

Tell me about a problem you fixed and how?

With the start of this school year, right as school was starting, covid cases in Louisiana rose as high as they were in March 2020. With my sophomore year spring semester and my last year of school taken from the students, basically, we were at risk of getting this year taken from usif we did not act fast. Once I heard the possible rumors, I immediately called a meeting with the dean of students and the director of student affairs to see what are possible out comes of this semester if the student population's percentage of being vaccinated did not grow. They told me that every chapter has to be 85% percent vaccinated in order to have a more normal semester. I took a poll of my own chapter and we were riding at 33%. 52% points I need to make. I called a meeting with the rest of the presidents to infrom them what I was told and we all agreed to come together as a community to fix this. We thought, if the community of greek life comes together than people will give into getting the vaccine. Also, a lot people were just lazy enough to not do it so we teamed up with the student health center getting vaccination trucks parked outside of houses. A lot of my members still did not want to get vaccinated, which I respected, but when I laid out infront of them what was at stake compared to other fraternities. I would also talk to them 1 on 1 and even talk to some parents about the situation and why the fraternity was encouraging it. I was able to get them vaccinated. Soon enough, we reached 85% in just two weeks.