Private Wealth Banking Strategist

Edward Jones

About The Position

The Edward Jones Generations® team provides an end-to-end experience for high-net-worth (HNW) clients, partnering with branch teams to provide ongoing services such as holistic financial planning, tax and estate planning through trusted third parties, plan implementation, reporting, and support. The Private Wealth Banking Strategist will help shape and launch a new private banking offering in a dynamic, startup-like environment. The role will evolve the vision for the offering, design its framework, and put it into practice in support of Generations associates, advisors, and clients. The strategist will bring extensive banking, lending, and cash management experience and technical knowledge to guide clients, influence strategic development, and align solutions with Edward Jones’ holistic wealth management approach.

Requirements

Bachelor’s degree in Business, Finance, Accounting, or another related field.
Series 7 and Series 66 licenses required within six months of hire.
Insurance license required within six months of hire.
At least 8 years of private banking experience serving HNW investors, including experience with securities-based lending, residential mortgages, commercial real estate, equipment financing, life insurance premium financing, fine art financing, and business banking.
Direct client service experience as a member of an HNW client-facing professional team.
Strong understanding of Financial Advisor and Branch Team processes, including implementation of Core Wealth, Banking, and Financial Planning offerings for HNW clients.
Ability to interpret and apply firm advice and guidance to create tailored banking and lending solutions that integrate into holistic financial plans.
Deep expertise in banking products, solutions, and strategies commonly used by HNW clients, and familiarity with their practical implementation.
Ability to analyze complex client documents, including banking and investment statements, personal financial statements, shareholder and business agreements, executive compensation plans, and partnership agreements, to identify planning opportunities and recommend strategies.

Nice To Haves

CFP® certification, or obtain it in accordance with firm policy.
At least 11 years of experience in the financial services industry.
Advanced degree.
Prior commercial lending experience.

Responsibilities

Design and launch the private banking offering, including frameworks, processes, and best practices aligned with Generations’ goals and HNW client needs.
Serve as a subject matter expert on complex banking, lending, and cash management situations.
Partner with senior planners, financial advisors, and third-party experts to deliver Advice, Planning, Products, and Services (APPS) for HNW clients.
Communicate with advisors, HNW teams, and clients to understand goals, explain complex strategies, and provide actionable recommendations.
Act as a conduit between Edward Jones, the Banking Business Unit, and third-party providers, including U.S. Bank and the HNW Referral Network, to support timely, customized solutions aligned with firm guidance.
Facilitate execution of banking, lending, and cash management strategies between third-party providers and HNW teams.
Use financial planning tools to identify opportunities, integrate banking solutions into holistic plans, and monitor progress toward client objectives.
Collaborate with internal stakeholders, including Trust Co., Compliance, Legal, Operations, and Senior Portfolio Strategists, to align and evolve HNW strategies.
Contribute to strategic initiatives within Wealth Management Advice & Solutions (WMAS) to advance HNW capabilities and future product development.
Shape client-facing guidance on complex banking strategies and provide input on products and services to meet evolving client needs.

Benefits

Medical and prescription drug coverage.
Dental insurance.
Vision insurance.
Voluntary benefits, including accident, hospital indemnity, and critical illness coverage.
Short- and long-term disability coverage at no cost to associates.
Basic life and basic AD&D coverage at no cost to associates.
401(k) retirement plan.
Health savings account and flexible spending account.
Ten paid holidays.
15 days of vacation for new associates beginning on January 1 of each year.
Sick time and personal days.
A paid day for volunteerism.
Associates may be eligible for bonuses and profit sharing.
Employee Assistance Program.