Private Banking Officer II

Frost; Fulshear (TX); On-site; USD 110,000 - 170,000; Full time

Benefits offered by this job

Health insurance

401(k) matching

PTO

Tuition reimbursement

Employee Assistance Program

Referral bonus program

Job summary

Frost is seeking a Private Banking Officer II in Texas to deepen relationships with affluent clients and guide financial plans across investments, insurance, and trust services. You will work with a team to tailor plans, calling on clients, reviewing portfolios, and expanding the bank's presence in the region.

The role emphasizes leadership within the private banking team, achievement of new business targets, and close coordination with underwriting and advisors.

Qualifications

• Bachelor's degree or equivalent work experience in finance or related field.
• 5+ years in a customer facing relationship management role, preferably financial services.
• NMLS license; ability to transfer or obtain within 60 days.
• Understanding of lending, client benefits across brokerage, investment management, and insurance.

Responsibilities

• Develop, manage, retain and expand client relationships in affluent markets.
• Generate new business and secure new affluent client relationships annually.
• Make sales calls and plan client engagement strategies.
• Monitor credit relationships and review loan portfolios regularly.
• Identify suitable products and services for clients.
• Collaborate with underwriting and other Frost teams to support clients.
• Participate in community activities to grow Frost's brand and network.
• Lead within the private banking team while staying a team player.
• Handle special projects for the private banking group.

Skills

Relationship management

Sales

Negotiation

Customer service

Communication

Financial analysis

MS Office

Education

Bachelor's degree or equivalent

Tools

Microsoft Office

Job description

Job Description

It's about caring for the generations ahead.

Are you a customer experience champion? Someone who enjoys seeking out and fostering long-standing relationships with affluent market clients, supporting moderately complex financial circumstances, and providing exceptional personal financial advice?

At Frost, it's about more than a job. It's about having a flourishing career where you can thrive, both in and out of work. At Frost, we're committed to fostering an environment that reflects our values and encourages team members to be the best they can be. In joining our adaptable, integrity-driven team, you'll become part of Frost's over 150-year legacy of providing unparalleled banking services.

Who you are:

As a Private Banking Officer II , you will help customers manage their financial lives. Often, our private bankers are a helping hand to families for generations and continue to share their love and knowledge of finance with them. They do so by collaborating with other Frost lines of business, especially investments, insurance, and the customer's other advisors, like attorneys and CPAs, to build a team around the customer. They work with a team to develop tailored plans based on customers' needs and goals.

What you'll do:

• Develop, manage, retain and expand client relationships within the affluent to high net worth markets (clients with $1.5-5 million in investable assets)

• Generate a minimum of $4.5 million in new business per quarter and secure at least 10 new affluent client relationships annually

• Actively make sales calls to clients and prospects. Engage in pre-call/post-call planning and strategy review

• Monitor and manage client's existing credit relationships by reviewing current loan portfolio on a regular basis

• Identify and recommend products and services best suited to meet clients' needs

• Develop and maintain excellent working relationship with credit underwriting team

• Participate in community and professional activities in order to enhance Frost's image and expand personal network of business contacts

• Develop, maintain, and enhance relationships with individuals whose circles of influence include potential new clients

• Provide leadership within the private banking team, while remaining a team player

• Accept special project assignments in support of the private banking group

What you'll need:

• Bachelor's degree or equivalent work experience

• 5+ years of experience in a customer facing relationship management role, preferably within the financial services industry

• Working knowledge of financial analysis relating to personal financial statements and personal income tax returns

• NMLS license; the ability to transfer license to Frost or obtain license within 60 days

• Comprehensive understanding of lending practices and loan servicing requirements for personal finance needs

• Specialized knowledge of client benefits offered by Frost's brokerage, investment management, trust, and insurance groups

• Ability to perform with limited supervision

• Experience in managing a portfolio of affluent and high net worth clients

• Demonstrated capacity to sell products and services within the financial services industry

• Proven record of success in cultivating new relationships

• Outstanding interpersonal, calling, sales, and negotiation skills

• Excellent verbal, written, communication, organizational, and customer service skills

• Proficient in Microsoft computer applications

Additional Preferred Skills:

• Series 7, 63, & Group 1 Insurance license (or attainment within 6 months).

• Property and Casualty Insurance license

• Certified Financial Planner designation

• Certified Wealth Strategist designation

• Completion of formal credit training

Our Benefits:

At Frost, we care about your health, your family, and your future and strive to have our benefits reflect that. This includes:

• Medical, dental, vision, long-term disability, and life insurance

• 401(k) matching

• Generous holiday and paid time off schedule

• Tuition reimbursement

• Extensive health and wellness programs, including our Employee Assistance Program

• Referral bonus program + more!