Commercial Private Banker III

Peapack Private Bank & Trust; Teaneck Township (NJ); On-site; USD 169,000 - 275,000; Full time

Benefits offered by this job

Competitive compensation

Generous paid time off

Medical, dental and vision coverage

Maternity/paternity leave

Education reimbursement

Employee stock purchase program

401K with match

Job summary

Peapack Private Bank & Trust in Teaneck, NJ, seeks a Commercial Private Banker III to develop, manage, and grow a portfolio of C&I client relationships with privately held middle-market businesses. The role requires strong relationship management, business development, and credit expertise, and collaborates across banking specialties.

The position emphasizes a private banking-style client experience, cross-sell opportunities, and adherence to regulatory requirements.

Qualifications

• Bachelor's degree required; MBA or other advanced degree preferred
• Minimum 10 years of commercial banking experience, with a focus on C&I relationship management for middle- to upper-middle-market clients
• Proven track record of originating, managing, and growing profitable commercial banking relationships
• Strong credit analysis, underwriting, and loan structuring expertise
• Demonstrated ability to deliver a private banking-style, relationship-based client experience
• Established network of referral sources and centers of influence
• Experience using a CRM system to manage client relationships, referrals, and business development activities
• Excellent interpersonal, communication, and presentation skills
• Strong organizational skills with the ability to manage multiple priorities
• High level of professionalism, integrity, and accountability

Responsibilities

• Develop, manage, and grow a portfolio of Commercial & Industrial relationships with privately held and closely held middle-market and upper-middle-market businesses
• Originate new business through proactive calling, networking, referrals, and centers of influence
• Serve as the primary point of contact for assigned clients, delivering a proactive, responsive, and consultative client experience
• Structure, underwrite, and manage complex C&I credit relationships, including lines of credit, term loans, and other customized financing solutions
• Prepare, analyze, and present comprehensive credit memoranda and credit recommendations for approval
• Monitor portfolio performance, including credit quality, covenant compliance, and early identification of risk
• Partner with Treasury Management, Wealth Management, Trust, Specialty Lending, and other internal specialists to deliver integrated client solutions
• Proactively identify client needs and make appropriate referrals to internal partners to support comprehensive, relationship-based solutions
• Identify opportunities to deepen relationships through deposits, Treasury Management, lending, and other cross-sell initiatives
• Maintain a thorough understanding of each client's business, industry, financial position, and strategic needs
• Ensure compliance with all bank policies, procedures, and regulatory requirements
• Use the bank's CRM system to document client interactions, manage referrals, track relationship development, and support effective pipeline and portfolio management
• Participate in community, professional, and business development activities to strengthen market presence
• Provide guidance and mentorship to junior team members as appropriate

Skills

Relationship management

Credit analysis

Communication

Presentation skills

Business development

Networking

CRM usage

Mentorship

Client service

Education

Bachelor's degree

MBA or advanced degree preferred

Tools

CRM software

Job description

Posted on

• Posted on August 17, 2026

Locations

Teaneck, NJ 07666, USA

• On-site


• Commercial


• Full-Time


• Requisition #: COMME002297

Description

Company Overview:

Peapack Private Bank & Trust is a well-recognized, high-performing boutique bank and a leader in wealth, lending, and deposit solutions. We provide a broad range of sought-after products and services designed to help our clients establish, maintain, and grow their legacy through an innovative approach to private banking.

What makes Peapack Private different from our competition? As an institution with over 100 years of history, we have always believed in putting the well-being and needs of our employees and clients first. We are proud to be recognized by American Banker for the eighth consecutive year as one of the nation’s "Best Banks to Work For." Our secret sauce, in a word, is our culture.

We value a diverse, equitable, inclusive, and safe workplace. Our one-team culture goes to great lengths to show all employees that they are valued members of the organization. We treat one another like family and communicate across the Bank in a transparent and frequent manner, respect and consider feedback from all levels, and operate with a philosophy grounded in hospitality and genuine human kindness.

There are multiple ways to build relationships and get involved; from joining one of our Cultural Ambassador sub-committees (focused on Wellness, Employee Fun, Diversity & Inclusion, or Environmental Awareness), to participating in community service activities through our Volunteerism outreach, to joining LIFT (Leading Inspiring Females Together), a committee focused on enriching the lives of women. Simply put, our culture is amazing.

Position Overview:

The Commercial Private Banker III - Commercial & Industrial (C&I) develops, manages, and expands a portfolio of commercial client relationships while delivering a high-touch, relationship-based private banking experience. This role focuses on privately held and closely held middle-market and upper-middle-market businesses and requires an experienced commercial banking professional with strong relationship management, business development, and credit expertise.

The Commercial Private Banker III - Commercial & Industrial (C&I) serves as a trusted advisor to business owners and senior executives and works collaboratively with internal partners to deliver customized lending, deposit, Treasury Management, Wealth Management, Trust, and other banking solutions aligned with Peapack Private Bank & Trust's relationship-driven culture.

Key Responsibilities:

• Develop, manage, and grow a portfolio of Commercial & Industrial (C&I) relationships with privately held and closely held middle-market and upper-middle-market businesses


• Originate new business through proactive calling efforts, networking, referrals, and centers of influence


• Serve as the primary point of contact for assigned clients, delivering a proactive, responsive, and consultative client experience


• Structure, underwrite, and manage complex C&I credit relationships, including lines of credit, term loans, and other customized financing solutions


• Prepare, analyze, and present comprehensive credit memoranda and credit recommendations for approval


• Monitor portfolio performance, including credit quality, covenant compliance, and early identification of risk


• Partner with Treasury Management, Wealth Management, Trust, Specialty Lending, and other internal specialists to deliver integrated client solutions


• Proactively identify client needs and make appropriate referrals to internal partners to support comprehensive, relationship-based solutions


• Identify opportunities to deepen relationships through deposits, Treasury Management, lending, and other cross-sell initiatives


• Maintain a thorough understanding of each client's business, industry, financial position, and strategic needs


• Ensure compliance with all bank policies, procedures, and regulatory requirements


• Use the bank's Customer Relationship Management (CRM) system to document client interactions, manage referrals, track relationship development, and support effective pipeline and portfolio management


• Participate in community, professional, and business development activities to strengthen market presence


• Provide guidance and mentorship to junior team members as appropriate

Qualifications:

• Bachelor's degree required; MBA or other advanced degree preferred


• Minimum 10 years of commercial banking experience, with a strong focus on C&I relationship management for middle-market and upper-middle-market clients


• Proven track record of originating, managing, and growing profitable commercial banking relationships


• Strong credit analysis, underwriting, and loan structuring expertise


• Demonstrated ability to deliver a private banking-style, relationship-based client experience


• Established network of referral sources and centers of influence


• Experience using a CRM system to manage client relationships, referrals, and business development activities


• Excellent interpersonal, communication, and presentation skills


• Strong organizational skills with the ability to manage multiple priorities


• High level of professionalism, integrity, and accountability

Benefits Overview:

• We offer a competitive compensation package, a generous paid time off program, comprehensive medical, dental and vision coverage, maternity/paternity leave, education reimbursement, wellness programs and more.


• We also offer participation in an Employee Stock Purchase Program and a 401K with a generous match.

The approximate pay range for this position is $168,812 to $275,000, plus an opportunity to earn performance-based incentives. Please note that the pay range provided is a good faith estimate for the position at the time of posting. Final compensation may vary based on factors including, but not limited to knowledge, skills and abilities, as well as geographic location.

Note: Incentives and/or benefits packages may vary depending on the position.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
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