Private Banking Division Leader

Stock Yards Bank & Trust

Evansville (IN)

On-site

USD 80,000 - 110,000

Full time

14 days+

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Benefits offered by this job

401(K) with company match

Medical insurance

Dental insurance

Vision insurance

Employee Stock Purchase Plan

Employee Assistance Program

Job summary

Stock Yards Bank & Trust in Evansville, Indiana is seeking a Private Banking Division Manager to lead a team of Private Bankers in delivering comprehensive financial services.

The ideal candidate will possess a Bachelor's degree and significant banking experience, including leadership. This role emphasizes relationship management and strategic business development. Benefits include comprehensive insurance, a 401(K) plan, and an Employee Stock Ownership Plan.

Qualifications

Minimum of 10 years banking experience in consumer and commercial lending.
At least 2 years of leadership experience.

Responsibilities

Lead Private Bankers in delivering financial products and services.
Provide support and mentoring in credit underwriting and business development.
Evaluate loan requests and negotiate credit terms.
Assist in recruitment and hiring of team members.

Skills

Financial planning

Sales management

Relationship management

Team building

Microsoft Office

Education

Bachelor's degree in business, accounting, finance or banking

Job description

Stock Yards Bancorp, Inc. (NASDAQ: SYBT), parent company of Stock Yards Bank & Trust Company, with offices in Louisville, Central, Eastern and Northern Kentucky, as well as the Indianapolis, Indiana and Cincinnati, Ohio metropolitan markets.

Job Title: Private Banking Division Manager

FLSA Status: Exempt

Department: Private Banking

Hours of Operation: Monday – Friday 7:30am – 5:30pm; Weekends as necessary

General Job Summary

Lead a team of Private Bankers in the delivery of relationship management and new business development for clients and prospects. Responsible for identifying, soliciting, servicing, delivering and coordinating the delivery of a broad range of financial products and services via team members.

Organizational Duties And Responsibilities

Supports the mission, vision and philosophy of the Bank. Complies, and directs team members, with all organizational policies and procedures.
Supports all functions that maintain compliance with regulatory agencies.

Essential Duties And Responsibilities

Serve as a Manager/Lender, leading and supporting a team of Private Bankers in the delivery of a broad range of financial products and services to clients and prospects
Provide a team of Private Bankers with direct support and mentoring in all facets of credit underwriting, product delivery and new business development
Lead Private Bankers in the execution of proper sales and relationship management techniques, oversee their performance, provide appropriate feedback and support their growth
Evaluate loan requests and approve credits within approved authority and make credit recommendations to Executive Management
Analyze financial condition of clients and prospects to determine capacity for credit obligations
Negotiate credit terms and conditions to properly manage the Bank’s exposure to risk and ensure sufficient return
Spearhead and coordinate communication with other departments of the bank as to the functioning of processes, procedures, and operations
Work with Private Banking Director and Human Resources in recruitment and hiring of team members
Assist with expansion of market presence
Complete annual evaluations of employees, budget, and confirmation of incentive plans
Effectively resolve employee problems and disputes, including employee performance as compared to stated goals, teamwork accountability, work quality, and any other job or workplace issues that occur

Other Functions

Serve on internal Bank committees for review of policies and procedures
Support Bank’s commitment to community involvement by serving on external charitable Board of Directors and by attending functions

Working Conditions: Indoor, office environment with occasional travel as needed

Minimum Job Requirements

Education: Bachelor’s degree, preferably with a concentration in business, accounting, finance or banking/or equivalent education and related training. Will consider equivalent, applicable years of experience

Experience

Minimum of 10 years banking experience with broad exposure to both consumer and commercial lending
Minimum 2 years of leadership experience

Specific Skills

Possess and demonstrate a broad, fundamental understanding of financial planning and investment concepts, and have a sound knowledge of retail bank credit and deposit products
Strong interpersonal, sales, sales management, relationship management and team building skills
Strong written, verbal and communication skills
Working knowledge of Microsoft Office desktop applications

Supervisory Responsibility: Responsible for managing/directing a Private Banking Division

Supervise Private Bankers and support staff

Physical Requirements

The physical demands described here are representative of those that must be met by an employee in order to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Primarily sedentary work performed in an office environment
Ability to sit for extended periods of time while working at a computer
Frequent use of hands and fingers to operate a computer, keyboard, mouse, and other office equipment
Ability to speak clearly and hear well enough to communicate with clients, team members, and vendors via phone, video, and in person
Visual acuity sufficient to read computer screens, printed documents, and financial data
Occasional standing, walking, bending, or reaching
Ability to lift and carry up to 10–15 pounds occasionally (e.g., files, office supplies)

Benefits