Private Banker

East West Bank; New York (NY); On-site; USD 65,000 - 180,000; Full time

Job summary

A leading commercial bank is seeking a Private Banker to focus on high touch customers and maintain business relationships. The role involves assessing clients' financial situations, processing transactions, and ensuring compliance with bank standards. Ideal candidates will have a degree in finance or related fields, 3+ years of branch banking experience, and exceptional client service skills. This position offers a competitive salary range from $65,000 to $180,000 based on experience and location.

Qualifications

• 3+ years’ experience in branch banking including corporate/business accounts.
• Ability to handle escalations, wire transfers, and deposits.
• Experience solving customer problems and working with high touch customers.

Responsibilities

• Assesses clients' financial situation by gathering information regarding investments and assets.
• Open new accounts and process client transactions.
• Ensure compliance with Bank and Department standards.

Skills

Client service skills

Problem-solving

Professional communication skills

Cash management services

Windows-based computer skills

Education

Bachelor or graduate degree in accounting, finance, business, or management

Tools

Microsoft Office

Job description

Introduction

Since 1973, East West Bank has served as a pathway to success. With over 110 locations across the U.S. and Asia, we are the premier financial bridge between the East and West. Our teams of experienced, multi-cultural professionals help guide businesses and community members on both sides of the Pacific looking to explore new markets and create new opportunities, and our sustained growth and expertise in industries like real estate, entertainment and media, private equity and venture capital, and high-tech help build sustainable businesses and expand our associates’ potential for career advancement.

Headquartered in California, East West Bank (Nasdaq: EWBC) is a top-performing commercial bank with a strong foundation, an enterprising spirit and a commitment to absolute integrity. East West Bank gives people the confidence to reach further.

Overview

We are currently seeking a Private Banker. This position will focus on high touch customers, building and maintaining business relationships and working with high value business accounts. As an East West Bank employee, you will be part of a growing and stable organization that provides career path development opportunities while serving a growing and profitable market.

Responsibilities

• Assesses clients' financial situation by gathering information regarding investments, assets; assists clients with new products and services
• Open new accounts
• Internal and external inquiries and research requests
• Process client transactions including deposits, transfers, and wire transfers
• Daily client contact - overdraft report, check and wire verification, return deposited items, etc.
• Verification of Deposit/Credit rating requests
• Client supply orders (checks, deposit slips, endorsement stamps, etc.)
• Cross sell additional Bank products and services
• Coordinate and participate in Department meetings
• Ensure compliance with Bank and Department standards (GLBA, BSA, Security protocol, etc.)
• Support Bank Associates with setup of all additional product and services as required
• Account Maintenance (client contact and follow-up)
• Prepare and process account change requests
• Client site travel as required (new accounts, transactions, maintenance)
• Adhere to established Department standards and guidelines
• Client and Bank event assistance as needed
• Performs other duties as assigned

Qualifications

• Bachelor or graduate degree in accounting, finance, business, or management
• 3+ years’ experience in branch banking including corporate/business accounts
• Ability to handle escalations, cash management services, wire transfers and deposits
• Ability to recommend and open business new accounts
• High level client service skills
• Experience solving customer problems and working with high touch customers
• Professional communication skills
• Experience working with a Windows-based computer environment, working knowledge of Microsoft Office

Applicants must have legal authorization to work in the United States. We do not offer visa sponsorship at this time.

Compensation

The base pay range for this position is USD $65,000.00/Yr. - USD $180,000.00/Yr. Exact offers will be determined based on job-related knowledge, skills, experience, and location.