Private Banker I

Simmons Bank; Frisco (TX); On-site; USD 85,000 - 115,000; Full time

Job summary

Simmons Bank in Frisco, TX is seeking a Private Banker I to manage relationships with Simmons Private Banking and high-net-worth clients. You will drive new client acquisition, promote Private Banking products, and coordinate with bank departments to deepen client engagement.

Ideal candidates will have a bachelor’s degree in business or finance and 2+ years of banking experience, with strong relationship skills, credit understanding, and the ability to meet growth targets while maintaining

Qualifications

• Bachelor’s degree preferred in business/finance or related field.
• 2+ years banking experience with basic sales and customer service.
• Ability to understand loans, deposits, and Private Banking products.

Responsibilities

• Oversee relationships with Private Banking clients and referrals.
• Acquire new clients and promote Private Banking consumer products.
• Coordinate with other bank departments to enhance client engagement.
• Assess creditworthiness and maintain portfolio quality.
• Meet growth targets and ensure compliance with policies.

Skills

Banking product knowledge

Interpersonal skills

Negotiation skills

Written and verbal communication

Basic accounting/credit/sales

Attention to detail

Reading financial documents

Presenting information

Education

Bachelor’s degree in business/finance/related field

Tools

MS Office

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

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

Skills Training

• Communication
• Time Management
• Critical Thinking
• Customer Service
• Presentation Skills
• Sales

Equal Employment Opportunity Information

Simmons First National Corporation and its subsidiaries are committed to a policy of equal employment with respect to a person's race, color, religion, sex, ancestry, sexual orientation, gender identity, national origin, covered veterans, military status, physical or mental disability or any other legally protected classifications. Since 1903, we’ve been putting people first by making a commitment to you.

Simmons Bank is the subsidiary bank for Simmons First National Corporation (NASDAQ: SFNC), a publicly traded bank holding company headquartered in Arkansas. Founded as a community bank, Simmons Bank has grown steadily to its current size of $28 billion in assets, with more than 3,000 associates located in Arkansas, Kansas, Missouri, Oklahoma, Tennessee and Texas. Our growth has led to some amazing career opportunities, while our dynamic culture has been recognized by publications across our footprint. Parallel to our growth, Simmons Bank’s community roots run deep – these are felt in the ways we seek to go the extra mile for our customers and communities through exceptional service and volunteerism, and in the strong career growth opportunities and wellness programs we offer associates. Our team is characterized by collaboration, integrity and passion for all we do, high performance, and a commitment to personal and professional growth. If these cornerstones of company culture appeal to you, let’s talk! There’s never been a better time to join our team.