What are the responsibilities and job description for the Private Banker - Private Banking Mid Atlantic position at WesBanco Bank, Inc.?
Summary
In this position, individual will be responsible for providing full-service banking to high-net-worth individuals.
Essential Function
Banking is a highly regulated industry and you will be expected to acquire and maintain a proficiency in the Bank's policies and procedures, and adhere to all laws, rules and regulations that are applicable to your conduct and the work you will be performing. You will also be expected to complete all assigned compliance training in a timely manner.
Essential Duties and Responsibilities include the following. Other duties may be assigned.
- Meets the credit and depository needs of high-net-worth customers.
- Calls on current customers and prospects to develop new business by promoting bank services and products.
- Cross-sells all other retail products as well as personal trust, investment management, investment products, financial and estate planning services.
- Represents the bank in civic, community, and industry function to network and develop additional business.
- Stays informed of current economic and market conditions and legislation that may affect customer relationships and department banking activities.
- Assists less experienced staff with complex accounts and relationships (mentoring).
The wage range for the VP Private Banker position is $105,000 - $115,000 annually and the position is eligible for referral incentives. The position includes 27 days of PTO (Paid Time Off) and 5 days of STD (Short Term Disability) and 11 annual paid holidays.
WesBanco has an excellent benefits package to include medical, dental, and vision, Health Care Flexible Spending, Dependent Care Flexible Spending, Transportation Fringe Benefit Plan, Group Life, Long Term Disability, Optional Life, access to voluntary benefit products such as Cancer, Term & Universal Life, Accident, Short-Term Disability and Critical Illness policies, and other ancillary benefit products. WesBanco also offers 401(k) with employee match.
Education and / or Experience
Minimum of five years of private banking, retail, consumer and / or commercial lending experience, with an emphasis on sales and business development, as well as trust, wealth management and / or brokerage experience, required.
Bachelor's degree in business, Finance or Accounting is preferred
Certifications / Licensing
Series 7 and 66 license is a plus.
Interpersonal Skills :
Professional demeanor in appearance, interpersonal relations, work ethic and attitude.
Possess clear, concise, effective written and oral communication skills to effectively express thoughts, ideas and concepts to bank employees and bank customers.
Strong relationship management and business development skills.
Excellent team player.
Employee Skills
Working knowledge of commercial lending, consumer lending and retail services as it relates to loan policies, documentation, underwriting, and regulatory guidelines.
Working knowledge of account opening policies and procedures.
Understanding of regulatory guidelines.
Working knowledge of the loan application and loan approval process.
Working knowledge of credit analysis and lending functions.
Knowledge of financial ratios and business principles.
Knowledge of financial planning.
Familiarity with fiduciary principles and prudent investing concepts.
Basic knowledge of income, estate and gift tax principles.
Computer Skills
Proficiency in Microsoft Office products including Word, Excel and Outlook.
Salary : $105,000 - $115,000
