Private Banker

Extraco Banks; Frisco (TX); On-site; USD 90,000 - 140,000; Full time

Job summary

Extraco Banks in Frisco, TX is seeking a Private Banker to manage a portfolio of high-net-worth clients. You will deliver tailored banking and credit solutions, meet clients to understand goals, and coordinate asset allocation with internal specialists.

You will open and oversee accounts, monitor performance, identify new business opportunities, and ensure regulatory compliance while maintaining meticulous client documentation and delivering personalized service to grow relationships.

Qualifications

• Strong foundation in finance and private banking for complex client relationships.
• Experience in financial planning and asset allocation aligned with client goals.
• Excellent communication, relationship management, and client confidentiality.
• Analytical, problem-solving and regulatory awareness.
• Bachelor’s degree in Finance, Business, Economics or related field; CFP/CFA a plus.
• Prior private banking or wealth management experience is beneficial.
• Proficiency with banking systems, CRM tools, and standard software.

Responsibilities

• Manage and grow a portfolio of high-net-worth clients with tailored banking solutions.
• Meet clients to understand goals and develop asset allocation strategies with internal specialists.
• Open and manage accounts; oversee lending and deposit relationships.
• Monitor portfolio performance and identify new business opportunities.
• Ensure regulatory compliance and maintain accurate client documentation.
• Deliver a high level of personalized service to strengthen retention and referrals.

Skills

Finance & Private Banking

Financial Planning

Asset Allocation

Communication & Confidentiality

Analytical & Regulatory

Banking Systems & CRM

Education

Bachelor's in Finance/Business/Economics

CFP/CFA (plus)

Tools

CRM tools

Banking systems

Office software

Job description

Company Description

Extraco Banks is the largest independent financial institution headquartered in central Texas, serving over 140,000 customers with more than $2.3 billion in assets and $165 million in capital and reserves. The organization has grown from its origins as a cotton warehousing company into a comprehensive provider of banking and financial services. Extraco operates 15 financial centers across communities including Bryan, Georgetown, Killeen, Harker Heights, Copperas Cove, Waco, Temple, Belton, Gatesville, and Hamilton. The bank focuses on building long-term relationships with customers and delivering innovative financial solutions that support personal and business growth.

Role Description

The Private Banker is a full-time, on-site role based in Frisco, TX. This role is responsible for managing and growing a portfolio of high-net-worth and affluent clients by providing tailored banking, and credit solutions. Daily activities include meeting with clients to understand their financial goals, developing coordinating asset allocation strategies in collaboration with internal specialists. The Private Banker will open and manage accounts, oversee lending and deposit relationships, monitor portfolio performance, and proactively identify new business opportunities. The role also involves ensuring compliance with regulatory requirements, maintaining accurate client documentation, and delivering a high level of personalized service to strengthen client retention and referrals.

Qualifications

• Strong foundation in Finance and Private Banking, with the ability to manage complex client relationships and banking needs.
• Experience in Financial Planning and Asset Allocation to design and implement personalized strategies aligned with client goals and risk profiles.
• Excellent communication, relationship management, and interpersonal skills, with a focus on service quality and client confidentiality.
• Analytical and problem-solving abilities, including comfort with financial analysis, risk assessment, and regulatory requirements.
• Bachelor’s degree in Finance, Business, Economics, or a related field; professional certifications (e.g., CFP, CFA, or similar) are a plus.
• Prior experience in private banking, wealth management, or high-net-worth client services in a bank or financial institution is a plus.
• Proficiency with banking systems, CRM tools, and standard office software; strong organizational skills and attention to detail.