What are the responsibilities and job description for the Private Banker position at Central Bank?
Job Description
What You’ll Do:
As a Private Banker, you will play a pivotal role in delivering first-class financial services to our high-net-worth clients and professionals. You will be responsible for managing and growing a portfolio of high-net-worth individuals, offering personalized banking, investment, and wealth management solutions. Your ability to understand and anticipate the unique needs of our clients will be key to fostering long-term relationships and ensuring client satisfaction.
Key Responsibilities:
Client Relationship Management:
Develop and maintain strong relationships with high-net-worth clients, understanding their financial needs and goals.
Uncover opportunities to acquire new banking relationships and deepen existing relationships.
Ensure clients are informed on the latest products and services and provide personalized financial advice and solutions to meet the unique needs of each client.
Business Line Partnership:
Conduct comprehensive financial reviews and partner with internal specialists to develop customized wealth management plans and other integrated solutions across financial disciplines.
Serve as a liaison and direct clients to various departments, including investment strategies, estate planning, tax optimization, and risk management.
Foster a culture of continued collaboration and effective partnerships with wealth, trust, commercial banking, and other internal partners.
Client Acquisition and Business Development:
Identify and pursue new business opportunities through networking and referrals.
Develop strategies to attract and retain high-net-worth clients.
Participate in client events, seminars, and networking activities to promote Central Bank’s services.
Client Service Excellence:
Deliver a superior client experience by providing timely and proactive service.
Respond to client inquiries and requests with efficiency and professionalism.
Ensure compliance with regulatory requirements and company policies in all client interactions.
Risk Mitigation:
Adhere to all Central Bancompany policies and procedures related to the role and area of business.
Maintain a thorough knowledge and understanding of compliance and regulatory requirements (Bank Secrecy Act, Regulation CC, E, DD, P, OFAC, etc.). Ensure all transactions and customer relationships are handled in a manner consistent with laws and regulations.
Support advisors with risk control (AML, KYC & AAR), preparing investment documents and ensuring overall excellent client experience with support groups.
Partner with legal, tax, and estate planning professionals to address complex client needs.
