Private Banking Officer I

Job Description

Responsibilities include, but are not limited to:

• Proactively develops internal and external networks for referral sources that generate prospects and create visibility in the marketplace.
• Manages the retention and expansion of existing client relationships through a contact strategy and ongoing review the clients banking needs.
• Build, promote and maintain adequate pipeline of opportunities to meet all Private Banking targets, including, but not limited on and off-balance sheet, advisory, brokerage and life insurance.
• Actively develop new relationships externally through referrals from clients, centers of influence and internal partners.
• Manage relationships by leading the client team in planning, delivery, and regular review with clients.
• Deliver a high degree of personal contact and open communication among clients and internal team that creates a superior client experience.
• Proactively communicate with clients about current conditions in the financial markets and necessary adjustments to their investment strategies.
• Ensures compliance with internal control procedures, department policies and regulatory requirements.
• Demonstrate ability to be a value added, complimentary member of the team and support team selling initiatives, partnership activities, and cross business line referral objectives.
• Provide financial advice and counsel to clients and prospective clients regarding trends and conditions of the business environment and general banking trends.
• Actively participate in community and business functions/groups to promote the image of Valley as an integral member of the community and establish referral contacts within the community.

Requirements

Required Skills:

• Strong financial product and technical competence in understanding, development and delivery of holistic investment solutions.
• A self-motivated, high driven and entrepreneurial personality.
• Well versed in various investment and financial planning tops.
• Proven ability to network with prospective client and centers of influence.

Required Experience:

• Bachelor's degree from an accredited college or university and a minimum 3 years' experience in financial advisory services with demonstrated ability to develop and manage exiting relationships and new business opportunities.
• Currently holds FINRA Series 7 and 66 or equivalent.
• Currently holds State Insurance licenses for Life, Health and Variable products.