Strategic Private Banking Associate — Portfolio & Growth

Cambridge Trust; Boston (MA); Hybrid; USD 44,000 - 69,000; Full time

Job summary

Cambridge Trust, a division of Eastern Bank, seeks an experienced Private Banking Relationship Associate for Boston-based work with a minimum of 3 days in the office. The role focuses on advanced portfolio administration, relationship management support, and collaboration with Business Development Officers to drive client growth.

You will maintain direct client contact, participate in client and prospect meetings, and coordinate cross-functional onboarding with Operations, Compliance, Treasury,

Qualifications

• Bachelor's degree preferred in business or related field.
• 5–7 years in banking, private banking, or wealth management.
• Experience managing complex client relationships and portfolios.
• Strong communication and client servicing skills.
• Familiarity with bank systems and CRM platforms including Salesforce.

Responsibilities

• Advanced portfolio management and relationship oversight for complex clients.
• Support business development and portfolio growth with BDOs.
• Engage clients and prospects, attend meetings and reviews.
• Coordinate complex onboarding with Operations, Compliance,Treasury, Wealth, and Lending.
• Escrow administration and specialized relationship support.

Skills

Relationship Management

Client Servicing

CRM Systems

Banking Operations

Excel Proficiency

Interpersonal Skills

Analytical Skills

Communication Skills

Time Management

Multi-tasking

Education

Bachelor's degree

5-7 years banking/wealth experience

Tools

Salesforce

Microsoft Office

Jira

Job description

Cambridge Trust, a division of Eastern Bank, seeks an experienced Private Banking Relationship Associate for Boston-based work with a minimum of 3 days in the office. The role focuses on advanced portfolio administration, relationship management support, and collaboration with Business Development Officers to drive client growth.

You will maintain direct client contact, participate in client and prospect meetings, and coordinate cross-functional onboarding with Operations, Compliance, Treasury,