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Sr Private Banker
First Bank & Trust
1909 Highway 36 W Roseville, MN 55113-2709
Job Description

This position can be held in our Roseville, MN or Edina, MN location.

This position will manage existing private banking relationships and recruit, qualify and develop new high net worth financial relationships for the Bank. This person must have the ability to direct existing clients and prospective clients into bank and non-bank financial (trust and investment) services using a needs-based approach.

Responsibilities

  1. Manage existing Private Banking relationships and generate new relationships through proactive business development efforts. Develop customer base through cross-selling products and servicing existing clients, generate new business through interaction with external resources, keep informed of changing market conditions.
  2. Provide personal attention to Private Banking relationships by responding to needs that arise in a timely fashion. This may include responding to emails/phone calls outside of normal bank hours and some weekends.
  3. Consult with customers regarding financial needs, recommend product/solutions, and financial services to meet those needs. Often these interactions are at a more complex level. Additionally, resolve inquiries, open and service accounts within authorized limits such as checking, savings, credit/loan and identify and refer investment opportunities.
  4. Communicate and coordinate with the Private Banking Manager and WMS Market Manager on the placement of relationships into all areas of Wealth Management (Trust and Investments, 401k, Brokerage, Financial Planning). Facilitate the referral of Private Bank clients to all other financial services the bank offers.
  5. Actively participate, promote, support and track results for all relevant strategic initiatives for the Private Banking department.
  6. Maintain a high-level understanding of wealth industry concepts (i.e. investments, economic conditions, insurance, estate planning, tax returns, etc.) with on-going education as provided by the Wealth Market Manager. Ability to manage and recommend ideas around complex financial matters by evaluating high net worth statements.
  7. Facilitate the referral of Private Bank clients to all other financial services within the bank.
  8. Attend Wealth Management and Bank department meetings as assigned in order to identify new clients (TIC, Sales, WMS staff, bank market meetings). When needed, act as a point person for interdepartmental referrals throughout the Bank.
  9. Continually build a network of internal and external sources and resources to further enhance the customer experience and meet customer's needs.
  10. Act in accordance with FBT policies and procedures as set forth in the employee handbook.
  11. Adhere to compliance procedures and participate in required compliance training.

Education & Experience

This person must have a bachelor's degree, plus six years of related experience or the equivalent. This person must have strong interpersonal communication and sales skills. This person must be able to work independently and with various other departments within the Bank. Superior organizational and administrative skills will be required.

About

First Bank & Trust is one of South Dakota's largest family- and employee-owned banks, with 22 locations in 17 towns in South Dakota and Minnesota.

For more than a century, financial institutions led by generations of the Fishback family have proven that banking professionals can be conservative risk managers and entrepreneurs at the same time. The same entrepreneurial spirit that led Horace Fishback Sr. to open his first check-cashing station in Brookings, SD in 1880 drives us toward our vision: To grow a diversified independent financial corporation that excels in delivering community banking services and providing niche products nationwide.

We are proud to be a family- and employee-owned community bank. Our 700+ employees take pride in our Be the 1 Service Culture principles - and it shows! We offer all of the strength and capabilities you might expect from a big-bank, but still have the flexibility and responsiveness of an independent local bank.

Let us show you how we make banking EASY.

{Member FDIC; Equal Housing Lender}

How to Apply

This position can be held in our Roseville, MN or Edina, MN location.

Please apply on our website: https://www.bankeasy.com/about-us/join-our-team/working-here

MBA Job number/Date Added
JobtitleApplyBlindadDateaddedEducFilenumJobdescAbout
Sr Private Banker

This position can be held in our Roseville, MN or Edina, MN location.

Please apply on our website: https://www.bankeasy.com/about-us/join-our-team/working-here

False1/19/2023

This person must have a bachelor's degree, plus six years of related experience or the equivalent. This person must have strong interpersonal communication and sales skills. This person must be able to work independently and with various other departments within the Bank. Superior organizational and administrative skills will be required.

H-7564

This position can be held in our Roseville, MN or Edina, MN location.

This position will manage existing private banking relationships and recruit, qualify and develop new high net worth financial relationships for the Bank. This person must have the ability to direct existing clients and prospective clients into bank and non-bank financial (trust and investment) services using a needs-based approach.

Responsibilities

  1. Manage existing Private Banking relationships and generate new relationships through proactive business development efforts. Develop customer base through cross-selling products and servicing existing clients, generate new business through interaction with external resources, keep informed of changing market conditions.
  2. Provide personal attention to Private Banking relationships by responding to needs that arise in a timely fashion. This may include responding to emails/phone calls outside of normal bank hours and some weekends.
  3. Consult with customers regarding financial needs, recommend product/solutions, and financial services to meet those needs. Often these interactions are at a more complex level. Additionally, resolve inquiries, open and service accounts within authorized limits such as checking, savings, credit/loan and identify and refer investment opportunities.
  4. Communicate and coordinate with the Private Banking Manager and WMS Market Manager on the placement of relationships into all areas of Wealth Management (Trust and Investments, 401k, Brokerage, Financial Planning). Facilitate the referral of Private Bank clients to all other financial services the bank offers.
  5. Actively participate, promote, support and track results for all relevant strategic initiatives for the Private Banking department.
  6. Maintain a high-level understanding of wealth industry concepts (i.e. investments, economic conditions, insurance, estate planning, tax returns, etc.) with on-going education as provided by the Wealth Market Manager. Ability to manage and recommend ideas around complex financial matters by evaluating high net worth statements.
  7. Facilitate the referral of Private Bank clients to all other financial services within the bank.
  8. Attend Wealth Management and Bank department meetings as assigned in order to identify new clients (TIC, Sales, WMS staff, bank market meetings). When needed, act as a point person for interdepartmental referrals throughout the Bank.
  9. Continually build a network of internal and external sources and resources to further enhance the customer experience and meet customer's needs.
  10. Act in accordance with FBT policies and procedures as set forth in the employee handbook.
  11. Adhere to compliance procedures and participate in required compliance training.

First Bank & Trust is one of South Dakota's largest family- and employee-owned banks, with 22 locations in 17 towns in South Dakota and Minnesota.

For more than a century, financial institutions led by generations of the Fishback family have proven that banking professionals can be conservative risk managers and entrepreneurs at the same time. The same entrepreneurial spirit that led Horace Fishback Sr. to open his first check-cashing station in Brookings, SD in 1880 drives us toward our vision: To grow a diversified independent financial corporation that excels in delivering community banking services and providing niche products nationwide.

We are proud to be a family- and employee-owned community bank. Our 700+ employees take pride in our Be the 1 Service Culture principles - and it shows! We offer all of the strength and capabilities you might expect from a big-bank, but still have the flexibility and responsiveness of an independent local bank.

Let us show you how we make banking EASY.

{Member FDIC; Equal Housing Lender}