Elite Private Banking Relationship Manager

Trustmark; Minnesota; On-site; USD 85,000 - 130,000; Full time

Job summary

Trustmark Bank in Houston area seeks a Private Banking Specialist to deliver concierge-level financial services to high-net-worth clients, coordinating credit, deposits, investments, insurance and fiduciary solutions within a team.

This role requires extensive lending experience, strong relationship-building skills, in-depth knowledge of Private Banking products, regulatory compliance, and the ability to lead and develop others; Level I or II with expanded responsibilities.

Qualifications

• Four-year college education or equivalent work experience.
• 5 years banking experience or related work experience to include previous lending experience
• Knowledgeable of Private Banking and the bank financial products and services
• Knowledge of deposit and loan products, as well as bank policy
• Knowledge of document preparation and new accounts systems
• Knowledge of negotiable instruments
• Complete understanding of the requirements of properly securing a loan
• Familiar with state and federal regulations and bank policies relating to credit
• Knowledge of sales principles
• Knowledge of Basic investment strategies for High net worth clients
• Knowledge of Basic estate planning strategies for High net worth clients
• Knowledge of Basic insurance strategies for High net worth clients
• Superior judgment in making loan decisions
• Experience dealing with sophisticated clientele
• Experience in recognizing and handling troubled loans and problem customers
• Thorough knowledge of loan and deposit debits and credits
• Strong analytical ability
• Advanced interpersonal skills
• Effective verbal and written communication skills
• Proven ability to build relationships
• Customer contact and sales and service skills
• Ability to work with others
• Ability to lead the work of others
• Prefer degree in Finance, Accounting, Insurance, Business, related field, or equivalent experience
• Bank branch work preferred
• Previous investment experience with 7, 63, or 66, and insurance licensure preferred

Responsibilities

• Coordinates entire credit approval process, including loan approval within lending authority for consumer and commercial relationships, including partnering with mortgage expert.
• Services a loan portfolio, including credit and collateral exceptions and past dues
• Work with partners to provide deposit solutions and other retail services to meet the needs of our clients
• Work with team to provide non-bank solutions to meet the clients needs: Planning, investments, insurance, and fiduciary services
• Coordinate the development of new private banking business and call on potential or existing customers to develop new business and promote company services and solutions.
• Maintain professional community relations, including leadership roles, to increase the bank’s visibility and new business opportunities, and to further professional development.
• Provide financial and banking advice and counseling through a team approach to Trustmark’s “BEST” clients.
• Perform additional duties as assigned.
• Additional Responsibilites for Level II: Cross-train, lead and develop team of associates to promote maximum productivity, engagement, succession planning and overall contribution to strategic organizational goals.

Job description

Trustmark Bank in Houston area seeks a Private Banking Specialist to deliver concierge-level financial services to high-net-worth clients, coordinating credit, deposits, investments, insurance and fiduciary solutions within a team.

This role requires extensive lending experience, strong relationship-building skills, in-depth knowledge of Private Banking products, regulatory compliance, and the ability to lead and develop others; Level I or II with expanded responsibilities.