Senior Private Banking Advisor for High-Net-Worth Clients

WSFS Bank; Town of Lancaster (NY); On-site; USD 111,000 - 183,000; Full time

Benefits offered by this job

Competitive benefits package

Job summary

WSFS Bank seeks a Private Banking Relationship Manager to support our Private Wealth Management division. You will manage high-net-worth client relationships and oversee credit, deposit products, and wealth services.

The role requires a minimum of five years in commercial lending or wealth management, strong communication and client-service skills, and travel within the bank’s footprint to meet customers.

Qualifications

• Bachelor’s degree in finance or related field required.
• CFP/CTFA/MBA/JD preferred.
• Series 6 or 7 licenses highly desired.

Responsibilities

• Attend to the needs of private banking and wealth management customers primarily seeking consumer loans, commercial loans, lines of credit on an unsecured or secured basis, and deposit products.
• Serve as the primary liaison to internal partners in the Commercial and Consumer divisions, as well as for external centers of influence for wealth management services including investment management, financial planning, Trust, and brokerage services.
• Call on prospective clients, as well as medical, legal, tax, and other professional service providers to develop new relationships, retain existing business, and promote additional services to current clients.
• Interview customers and prospects to develop information concerning their needs and financial condition to determine whether a loan may be an acceptable risk and make decisions on loans and terms if within their own lending limits.
• Serve as Co-Advisor with in-house Investment Advisors to determine whether professional money management services are, and continue to be, appropriate for the client.
• Keep abreast of regulatory, economic, and financial market trends, the Relationship Manager will actively participate in community functions and continue to expand their knowledge in all Private Banking and wealth management services including credit, risk management, investments, financial planning, fiduciary, and insurance as well as real estate, retirement, and tax planning.

Skills

Private Banking

Wealth Management

Relationship Management

Credit Knowledge

Sales Aptitude

Communication Skills

Travel Availability

Education

Bachelor’s Degree in Finance

CFP/CTFA/MBA/JD preferred

Job description

WSFS Bank seeks a Private Banking Relationship Manager to support our Private Wealth Management division. You will manage high-net-worth client relationships and oversee credit, deposit products, and wealth services.

The role requires a minimum of five years in commercial lending or wealth management, strong communication and client-service skills, and travel within the bank’s footprint to meet customers.