Senior Vice President, Private Banking
About The Position
We’re seeking a future team member for the role of Senior Vice President, Private Banking to join our Private Banking team. This role is located in Chicago, IL or Cleveland, OH. At BNY, our culture allows us to run our company better and enables employees’ growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world’s investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide. Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance – and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary.
Requirements
- Bachelor’s degree or the equivalent combination of education and experience is required
- Successful completion of a formal credit training program or equivalent work experience required.
- Prior experience in Relationship Management, Client Services, or Account Management required.
- Applicable local/regional licenses (e.g., Series 7 and 63 licenses) or certifications as required by the business achieved in the first 12 months employment.
Nice To Haves
- advanced/graduate degree preferred
- 7-10 years of relevant work experience preferred, including financial services experience with a particular client type or banking product and understanding of credit policies and underwriting procedures
Responsibilities
- Independently develop and implement the strategic plan for managing and growing client banking relationships with a focus on revenue growth and retention.
- Serve in a consultative role to clients, advising on the best way to achieve short- and long-term strategic objectives and acting as the client’s advocate and escalation point for satisfaction.
- Collaborate with Line of Business colleagues to develop and broaden client relationships and contribute to the development of team/unit metrics, dashboards, and roadmaps.
- Prospect new clients in similar industries or segments, conduct service review meetings, and ensure client onboarding and risk management activities are conducted and captured.
- The incumbent will have specialized knowledge/proficiency in the most complex lending products/specialties. This position is intended for experienced private bankers with a proven track record of successful business production.
- Conduct frequent and regular check-ins with assigned clients, ensuring their continued satisfaction and strategic alignment with firm services/product offerings.
- Continually evaluate client needs and ensure sustained client engagement. Develop, track and report on relationship strategy/results for assigned client portfolio.
- Work with other relationship managers and/or marshal firm-wide resources (marketing, legal, compliance, etc.) to ensure client needs are being addressed and to proactively inform clients of industry developments or firm thought leadership. Ensures client onboarding and/or risk management activities are conducted and captured (KYC, BAC, etc.)
Benefits
- highly competitive compensation
- benefits
- wellbeing programs
- flexible global resources and tools for your life’s journey
- Focus on your health
- foster your personal resilience
- reach your financial goals as a valued member of our team
- generous paid leaves
- paid volunteer time
- 401(k) plan
- Company-sponsored medical, dental, vision, and basic life insurance plans for the employee and the employee’s eligible dependents
- other benefits (including various paid time off benefits, such as vacation and sick time)
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Number of Employees
1-10 employees
