Senior Private Banking & Wealth Growth Leader

Berkshire Bank Company; Boston (MA); On-site; USD 115,000 - 212,000; Full time

Job summary

Berkshire Bank seeks an SVP in Private Banking to oversee private banking, commercial, and wealth management initiatives in the Boston market, guiding strategy and client experience. You will develop new business with high net worth clients, coordinate with commercial, retail and wealth teams, and maintain a large referral network while ensuring compliance and risk controls.

Location: Boston, MA. The ideal candidate has 10+ years in private banking or wealth management, a Bachelor’s degree, and

Qualifications

• Bachelor's degree or equivalent education and work experience.
• 10+ years of related private banking or wealth management experience.
• Strong understanding of private banking business development techniques and products.
• Excellent communication, negotiation and presentation skills.

Responsibilities

• Develops and retains private banking business with a focus on deposits and high net worth clients.
• Develops new business through lending, referrals and centers of influence; maintains referral networks.
• Coordinates with Retail, Commercial and Wealth teams to offer appropriate products and services.
• Manages client portfolios for compliance and profitability; prepares management reports.
• Represents private banking at company events to expand the referral network and sales opportunities.

Skills

Private banking development

Deposits growth

Loan pipelines

High net worth client development

Negotiation & influencing

Communication & presentation

Relationship management

Microsoft Office Suite

Education

Bachelor's degree or equivalent

Tools

Microsoft Office Suite

Job description

Berkshire Bank seeks an SVP in Private Banking to oversee private banking, commercial, and wealth management initiatives in the Boston market, guiding strategy and client experience. You will develop new business with high net worth clients, coordinate with commercial, retail and wealth teams, and maintain a large referral network while ensuring compliance and risk controls.

Location: Boston, MA. The ideal candidate has 10+ years in private banking or wealth management, a Bachelor’s degree, and