Private Banker

Old National Bank • Milwaukee, WI

1d • $79,400 - $156,000

About The Position

The Private Banker delivers an exceptional client experience by providing personalized financial guidance and expertise to existing and prospective Private Banking clients. Private Banking clients generally maintain at least $250,000 in total deposits and other qualified assets at Old National, subject to the stated account ownership requirements. Eligible clients may also access Private Banking benefits through the Private Prestige program for qualifying emerging professionals.

The Private Banker is the primary sales driver for Private Banking deposit and lending products, builds and retains a relationship portfolio, and connects clients with internal specialists in Wealth, Mortgage, Commercial Banking, and other areas. The role involves assessing client needs, managing and deepening relationships, sourcing new business, and maintaining advanced knowledge of products, processes, legislation, and industry trends. The position also calls for developing expertise in a particular industry to support business development and provide added value to clients.

Requirements

• Bachelor’s degree.
• A minimum of 1–3 years of experience with a financial institution focused on client service and sales is strongly desired.
• Demonstrated professionalism and financial or banking industry knowledge.
• Superior client service skills and the ability to interact with clients and associates at all levels.
• NMLS registration or the ability to obtain NMLS registration.

Nice To Haves

• Experience serving affluent or high-net-worth clients.
• A financial planning background.
• Developing increased knowledge and experience in a particular industry or subject matter area.

Responsibilities

• Assess clients’ needs and engage appropriate Old National business partners based on identified needs.
• Work collaboratively with an Old National Wealth Advisor to manage and deepen client relationships within a portfolio.
• Provide superior client service through regular meetings and calls, review pertinent financial information, and engage product specialists in meetings and product delivery.
• Understand clients’ changing needs and provide solutions designed to serve their best interests.
• Coordinate with support teams to monitor and complete tasks that fulfill clients’ service plans and respond to day-to-day inquiries.
• Prospect and self-source new client opportunities through referrals, networking, existing-book reviews, calling efforts, client entertainment, and participation in relevant organizations or associations.
• Identify and refer appropriate business opportunities to Wealth, Community, Mortgage, Treasury Management, and Commercial Banking.
• Maintain advanced knowledge of Private Banking products, processes, changing legislation, and current industry trends and practices.
• Develop expertise in a subject matter area or industry and use that exposure to support business development and build centers of influence.
• Screen and identify prospects, convert them into Private Banking clients, and leverage customer information to acquire and deepen relationships.
• Build collaborative relationships with internal line-of-business partners to generate referrals and deepen customer relationships.

Benefits

• Competitive compensation with salary and incentive program.
• Medical insurance.
• Dental insurance.
• Vision insurance.
• 401(k).
• Continuing education opportunities.
• Employee assistance program.
• Impact Network Groups focused on engagement, awareness of diverse backgrounds and experiences, and inclusion.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level