Private Banker
| Company | IDB bank |
|---|---|
| Location | Culver City, CA, USA |
| Salary | $Not Provided – $Not Provided |
| Type | Full-Time |
| Degrees | Bachelor’s |
| Experience Level | Senior, Expert or higher |
Requirements
- Bachelor’s Degree in Business
- 8 + years’ experience of credit and lending experience for high net worth individuals in Private Banking and/or Wealth Management
- Proven experience with deposit gathering
- Understanding of underwriting for business loans and real estate loans
- Knowledge of Federal lending regulations
- Strong understanding of banking, brokerage and lending products
- Experience in understanding the financial needs of High Net Worth clients
- Excellent business development and marketing skills
- Ability to meet deadlines and manage expectations
- Excellent written and verbal communication skills
Responsibilities
- Identifying potential new clients and working with them to build up a mutually beneficial and profitable relationship
- Acts as the principal business development officer including client acquisition, cross sales of deposits, loans and investment services
- Building the balance sheet and P & L of their team
- Proactively advise and consult with clients, explaining the types of financial services available, educating them about investment options and potential risks and recommending investments
- Monitor the performance of client accounts, to ensure the accounts are behaving positively and meeting clients’ needs
- Be well informed of market conditions and doing research to determine good opportunities to meet Private Banking revenue goals
- Work closely with Private Banking Assistants to serve client accounts effectively and efficiently
- Adherence and compliance with all policies, procedures, regulations, audit standards, and risk guidelines.
Preferred Qualifications
- FINRA Series 7. 66/63 securities licenses are a plus but not required