Private Banker I

simmonsbank; Frisco (TX); On-site; USD 60,000 - 90,000; Full time

Job summary

Simmons Bank is seeking a Private Banker I in Frisco, TX to manage private client relationships and promote bank products. The role emphasizes comprehensive relationship oversight, new client acquisition, and cross-department collaboration to enhance client engagement.

You will grow a portfolio through new and organic business, while serving as a referral partner and ensuring high standards of service and compliance.

Qualifications

• Bachelor's degree in business or finance preferred.
• 2+ years banking with sales and service experience preferred.
• Experience in the local market required.
• NMLS certification required.

Responsibilities

• Prospect and refer clients to private banking services.
• Manage client relationships and promote products.
• Collaborate with bank departments to deepen engagement.
• Meet portfolio growth and client retention goals.
• Ensure compliance with laws and internal controls.

Skills

Banking knowledge

Relationship selling

Communication

Sales skills

Attention to detail

Education

Bachelor's degree in business/finance

Tools

MS Office

Lending software

Job description

It's fun to work in a company where people truly BELIEVE in what they're doing!

We're committed to bringing passion and customer focus to the business.

The Private Banker I is responsible for comprehensive management and service delivery, specifically catered to Simmons Private Banking and high-net-worth customers. Including, but not limited to, encompassing relationship oversight, new client acquisition, promotion of Private Banking consumer products, and facilitating connections with various bank departments to enhance client engagement. This position requires thorough knowledge of Private Banking offerings, while maintaining a comprehensive knowledge of Simmons Bank product lines. Key measurements of success are net new loan and deposit growth, referrals to other lines of business, and portfolio management including asset quality. This position is expected to grow a portfolio through new and organic business, and serve as a referral partner in established markets.

Essential Duties & Responsibilities:

• Assess potential client prospects to determine their eligibility for the Private Banking program and conduct referrals to other lines of business as needed.
• Proactively addresses potential client's and Private Banking client's needs through relational selling in a trusted advisor role to assist them in recognizing opportunities and risks while helping them accomplish their goals through their use of Simmons Bank's products and services.
• Maintains high level of customer relationship and professionalism.
• Reviews and analyzes financial information to determine a customer's creditworthiness.
• Works closely with senior-level Private Bankers and with representatives from other Simmons LOB that would provide a well-rounded banking relationship for our clients
• Become active in the community through membership in business organizations, community events, and/or non-profit organizations to deepen relationships with clients and prospects.
• Ability to meet individual goals and contribute to a team-oriented environment to ensure departmental and Bank wide goals are met.
• Sets and achieves challenging goals without direct supervision and contributes to a positive team spirit.
• Achieves measures of success in relationship retention, expansion, and advocacy.
• Proactively participates in educational and development opportunities to better serve clients.
• Adheres to loan policies and procedures with complete documented files to ensure satisfactory reviews from internal and external audits.
• Ensures all departmental documents and activities are performed in compliance with applicable laws, regulations, policies, and procedures as applicable to this position, including completion of required compliance training.
• Performs other duties and responsibilities as assigned.

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

Skills

• Understanding of banking products and services, and how to tailor a package to clients that best serve their needs.
• Well-developed interpersonal and negotiating skills are required.
• Excellent written and verbal communication skills.
• Basic accounting, credit, and sales skills.
• Detail oriented and proven ability to multi-task.
• Ability to read and interpret documents such as procedure manuals, general business correspondence and/or journals or government regulations.
• Ability to read, analyze and interpret financial report and/or legal documents.
• Ability to write routine reports and business correspondence.
• Ability to effectively present information in one-on-one and small group situations, to customers, clients, and other employees in the organization
• Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public and/or boards of directors.

Education and/or Experience

• A 'Bachelor's degree in business, finance, related field, or relevant job experience is preferred.
• 2+ years banking experience with basic sales skills and elevated customer service are preferred.
• Experience in the local market required for better understanding of the environment and potential customer base.

Computer Skills

• MS Office programs
• Proficiency in lending computer software

Certificates, Licenses, Registrations

NMLS required.

Other Qualifications (including physical requirements)

• Analytical - ability to collect data and use experience and skill set to make decisions.
• Oral - Possesses the ability to speak clearly and persuasively in all situations. Responds clearly to questions and demonstrates presentations skills.
• Written - Written material is informative; edits work for spelling and grammar.

Other

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for thi