Job Description
The Private Banking Officer serves as relationship manager for a portfolio of high net worth individuals, including, but not limited to Attorneys, CPAs, Physicians and entrepreneurs.
Meets and exceeds goals by developing new loans and depository business from prospects and existing clients. Cross-sells bank products, including but not limited to Treasury Management Services.
The individual will structure, negotiate and close loan transactions while assuring that a deposit component is prevalent in every loan transaction and new relationship.
Individual is expected to deliver the highest level of client service to the client base while responding to all client requests on a timely basis by providing prompt and efficient service.
Responsible for the development of Private Client Group clientele through business development calling efforts, social functions and association memberships.
Principal Duties & Responsibilities :
• Meets or exceeds individual sales and retention goals adhering to corporate, legal, and regulatory policies, guidelines, and requirements regarding compliance.
• Independently expands existing relationships and solicits new business through client referrals and cold calling efforts to meet or exceed the Bank’s strategic goals.
• Requires significant marketing presentation, sales and relationship building skills.
• Maintains an active calling program with prospects, existing clients and referral sources. Participates in outside activities through business and civic organizations that reflect and define the Private Banking market.
• Manages and develops loan and deposit account relationships. Responds to all client requests on a timely basis providing prompt and efficient service.
• Under the parameters of procedures and individual authority, recommends and / or makes significant decisions regarding overdrafts, wires, pricing, structuring etc.
for Loans, Treasury products, client servicing and other.
• Makes decisions of significant importance related to risk associated with the loan, documentation needed from client, negotiation of terms, etc.
• If loan is an acceptable risk for the bank, negotiates the terms of the loan with the client based on the risk of the loan, current conditions in the financial markets, overall profitability of the loan and overall client relationship, and the current internal goals of the bank.
• Independently reviews all new and renewal loan requests, coordinates and actively participates in the underwriting process together with appropriate Risk Officer, ensuring adherence to the bank’s credit policies and criteria in loan decisions.
• With independent analysis, maintains portfolio quality, monitors past due loans, minimizes the risk of loan losses and keeps exceptions to a minimum.
Ensures full compliance with loan terms. Promptly identifies potential issues and alerts management of any problems in the portfolio.
Submits timely and accurate reports as required.
• Reviews account relationships on an ongoing basis to determine financial needs of clients (. Treasury Management Services, and actively cross-sells all of the bank’s products and services.
• Reviews all loan requests, coordinates and actively participates in the underwriting process, ensuring adherence to the bank’s credit policies and procedures.
Obtains all necessary approvals on new credit requests or modifications.
Maintains portfolio quality, monitors past due loans, minimizes the risk of loan losses and keeps exceptions to a minimum.
Ensures full compliance with loan terms. Promptly alerts management of any problems in the portfolio.
• Provides accurate and timely responses to requests for information from Enterprise Risk Department as it pertains to high-risk reviews and CIPs (Client Information Profiles).
• Submits timely and accurate reports as required.
• Coordinates activities with other units of the bank, . Treasury Management, Client Services, Residential, Legal and Loan Operations departments.
• Structures and negotiates complex loans identifying all critical credit issues and minimizing credit risks.
• Cooperates with members of the Audit and Loan Review departments, as well as with regulators, . the OCC.
• Maintains strong product knowledge and knowledge of the marketplace.
• Meets the requirements of the . Act and expected to follow procedures including notifying Human Resources of any changes in current status.
Qualifications
• 5-7 years Lending experience.
• Meets and exceeds goals by developing new loans and depository business from prospects and existing clients
• Cross-sells bank products, including but not limited to Treasury Management Services
• Formal Credit training preferred
• The individual will structure, negotiate and close loan transactions while assuring that a deposit component is prevalent in every loan transaction and new relationship
• Individual is expected to deliver the highest level of client service to the client base while responding to all client requests on a timely basis by providing prompt and efficient service
• Responsible for the development of Private Client Group clientele through business development calling efforts, social functions and association memberships
Education
Bachelor's Degree in Business, Finance or related field.
Meets and exceeds goals by developing new loans and depository business from prospects and existing clients. Cross-sells bank products, including but not limited to Treasury Management Services.
The individual will structure, negotiate and close loan transactions while assuring that a deposit component is prevalent in every loan transaction and new relationship.
Individual is expected to deliver the highest level of client service to the client base while responding to all client requests on a timely basis by providing prompt and efficient service.
Responsible for the development of Private Client Group clientele through business development calling efforts, social functions and association memberships.
Principal Duties & Responsibilities :
• Meets or exceeds individual sales and retention goals adhering to corporate, legal, and regulatory policies, guidelines, and requirements regarding compliance.
• Independently expands existing relationships and solicits new business through client referrals and cold calling efforts to meet or exceed the Bank’s strategic goals.
• Requires significant marketing presentation, sales and relationship building skills.
• Maintains an active calling program with prospects, existing clients and referral sources. Participates in outside activities through business and civic organizations that reflect and define the Private Banking market.
• Manages and develops loan and deposit account relationships. Responds to all client requests on a timely basis providing prompt and efficient service.
• Under the parameters of procedures and individual authority, recommends and / or makes significant decisions regarding overdrafts, wires, pricing, structuring etc.
for Loans, Treasury products, client servicing and other.
• Makes decisions of significant importance related to risk associated with the loan, documentation needed from client, negotiation of terms, etc.
• If loan is an acceptable risk for the bank, negotiates the terms of the loan with the client based on the risk of the loan, current conditions in the financial markets, overall profitability of the loan and overall client relationship, and the current internal goals of the bank.
• Independently reviews all new and renewal loan requests, coordinates and actively participates in the underwriting process together with appropriate Risk Officer, ensuring adherence to the bank’s credit policies and criteria in loan decisions.
• With independent analysis, maintains portfolio quality, monitors past due loans, minimizes the risk of loan losses and keeps exceptions to a minimum.
Ensures full compliance with loan terms. Promptly identifies potential issues and alerts management of any problems in the portfolio.
Submits timely and accurate reports as required.
• Reviews account relationships on an ongoing basis to determine financial needs of clients (. Treasury Management Services, and actively cross-sells all of the bank’s products and services.
• Reviews all loan requests, coordinates and actively participates in the underwriting process, ensuring adherence to the bank’s credit policies and procedures.
Obtains all necessary approvals on new credit requests or modifications.
Maintains portfolio quality, monitors past due loans, minimizes the risk of loan losses and keeps exceptions to a minimum.
Ensures full compliance with loan terms. Promptly alerts management of any problems in the portfolio.
• Provides accurate and timely responses to requests for information from Enterprise Risk Department as it pertains to high-risk reviews and CIPs (Client Information Profiles).
• Submits timely and accurate reports as required.
• Coordinates activities with other units of the bank, . Treasury Management, Client Services, Residential, Legal and Loan Operations departments.
• Structures and negotiates complex loans identifying all critical credit issues and minimizing credit risks.
• Cooperates with members of the Audit and Loan Review departments, as well as with regulators, . the OCC.
• Maintains strong product knowledge and knowledge of the marketplace.
• Meets the requirements of the . Act and expected to follow procedures including notifying Human Resources of any changes in current status.
Qualifications
• 5-7 years Lending experience.
• Meets and exceeds goals by developing new loans and depository business from prospects and existing clients
• Cross-sells bank products, including but not limited to Treasury Management Services
• Formal Credit training preferred
• The individual will structure, negotiate and close loan transactions while assuring that a deposit component is prevalent in every loan transaction and new relationship
• Individual is expected to deliver the highest level of client service to the client base while responding to all client requests on a timely basis by providing prompt and efficient service
• Responsible for the development of Private Client Group clientele through business development calling efforts, social functions and association memberships
Education
Bachelor's Degree in Business, Finance or related field.
💡 Quick Summary
Seeking a career-building opportunity? The Private banking officer position is now open for candidates interested in the Bank Jobs sector. This role in Tampa offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
