JPMorgan is hiring people from SVB as MDs
When Silicon Valley Bank collapsed back in March, eyes were suddenly drawn to the investment banking talent it hired in the years before its downfall. Some of those people are resurfacing - at JPMorgan.
Susan Winter, for example, has just rejoined JPMorgan after 24 years as a managing director and head of innovation economy syndication. She spent the nearly 13 years at SVB, where she was most recently global head of loan syndications. Winter, who is based in Palo Alto, began her career at JPMorgan as an associate in the financial sponsors team but left after less than five years in 1999.
Winter isn't the only SVB alum hired as an MD at JPMorgan this month. Ilya Klets, a former SVB MD in fintech corporate banking also joined JPM this month as an MD working with tech and disruptive commerce clients. Klets has worked for various high profile fintechs in California, including PayPal, LendingClub and Qwil. He joined SVB in 2020.
The SVB additions come as JPMorgan building out its fintech funding platform, Capital Connect. However, with MDs now required to be in the office five days per week, the culture will still be very different to the WFH friendly bank of the tech sector.
Click here to create a profile on eFinancialCareers. Comment ANONYMOUSLY on articles and make yourself visible to recruiters hiring for top jobs in technology and finance.
Have a confidential story, tip, or comment you’d like to share? Contact: email@example.com in the first instance.
Bear with us if you leave a comment at the bottom of this article: all our comments are moderated by human beings. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. Eventually it will – unless it’s offensive or libelous (in which case it won’t.)