Private Banking Associate I - Cedar Rapids

Bankers Trust Company; Cedar Rapids (IA); Hybrid; USD 33,062 - 38,572; Full time

Benefits offered by this job

Group Health Insurance

Generous Paid Time Off

401(k) plan with company match

Tuition assistance

Paid Parental Leave

Lifestyle Accounts

Job summary

Bankers Trust Company in Cedar Rapids is looking for a Private Banking Associate I to provide administrative support to the Private Banking Department. This role includes handling client issues, preparing documents, and ensuring efficient service.

The ideal candidate will have at least one year of administrative experience and exceptional clerical skills. The position may allow for hybrid work days, enhancing work flexibility.

Qualifications

• At least one year of administrative experience required.
• Banking experience and a basic understanding of lending is helpful, but not required.

Responsibilities

• Prepares letters, memorandums, reports and credit/debit items.
• Processes payments, advances, and wire transfer requests.
• Assists officer in opening new accounts and preparing loan papers.
• Helps to research and resolve customer problems.
• Processes foreign currency orders when needed.

Skills

Clerical skills

Good judgment

Ability to work under pressure

Basic bookkeeping skills

Confidentiality

Education

High school diploma or GED preferred

At least one year of administrative experience

Job description

Job Summary

The Private Banking Associate I provides administrative support to the officers of the Private Banking Department. This position also provides prompt, efficient service and assistance to all Private Banking clients. The PBA I possesses a beginning to working knowledge of subject matter & handles basic to moderately complex issues, escalating the more complex issues to the PBA II or PB Senior Associate.

Primary Functions and/or Responsibilities

• Prepares letters, memorandums, reports and credit/debit items.
• Processes payments, advances, and wire transfer requests.
• Assists officer in opening new accounts and preparing loan papers.
• Helps to research and resolve customer problems, and provides quality customer service via telephone, email and in person to both internal and external clients.
• Assists lending officers on clean‑up of documentation exceptions, requests financial statements when due and assists in the insurance monitoring of credit relationships.
• Processes foreign currency orders when needed.
• Performs other duties as assigned.

Education and/or Experience

• High school diploma or GED preferred.
• At least one year of administrative experience required.
• Banking experience and a beginning understanding of commercial and real estate lending is helpful, but not required.

Specific Skills, Knowledge & Abilities

• Exceptional clerical skills.
• Possesses good judgment.
• Ability to work well under pressure.
• Basic bookkeeping skills extremely helpful.
• Confidentiality is a must.

Hiring Salary Range

Hiring Base Salary Range: $24.00 - $28.00 plus annual bonus. The hiring range below reflects targeted base salary. Actual compensation will be determined based on the candidate’s prior related experience & education and will be finalized at the time of offer. In addition to base salary, most positions are also eligible to participate in our annual bonus program. Select positions may also be eligible to earn incentives and/or commissions.

Benefits

• Group Health, Dental, and Vision Insurance.
• Generous Paid Time Off (PTO).
• Volunteer Time Off (VTO).
• 401(k) plan with lucrative company match.
• Tuition assistance.
• Company Paid Life Insurance.
• Paid Parental Leave.
• Lifestyle Accounts that provide employees with reimbursement for the things that are most important to them such as childcare, student loan payments, gym memberships, pet insurance and much more.
• Team Member Banking – a suite of products and services with special benefits for employees.

Hybrid Eligibility

Position may be eligible for a hybrid work schedule (requiring some days in the office each week).

EQUAL OPPORTUNITY EMPLOYER

Equal employment opportunity, including veterans and individuals with disabilities.