Private Banker jobs in Oak Park, IL

Private Banker manages a private banking portfolio of individuals with high-net worth using banking strategies, solutions, and advice that are customized to the client's needs. Develops and maintains client relationships by engaging the resources of other parts of the organization to provide meaningful and personalized service. Being a Private Banker acts as an advisor, providing financial research and information. Achieves deposit and loan volume goals, approves loans, and sells additional fee-based services. Additionally, Private Banker typically requires a bachelor's degree. Typically reports to a manager. The Private Banker occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. To be a Private Banker typically requires 2 -4 years of related experience. (Copyright 2024 Salary.com)

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Private Mortgage Banker (SAFE)
  • Wells Fargo
  • CHICAGO, IL FULL_TIME
  • About this role:

    Wells Fargo is seeking a Private Mortgage Banker (SAFE) in Consumer Lending as part of Home Lending. Learn more about our career areas and lines of business at wellsfargojobs.com.

    In this role you will:

    • Produce high quality jumbo residential mortgage loans that meet Wells Fargo Home Mortgage guidelines
    • Participate in soliciting residential mortgages from various sources and produce high quality loans which are compliant and provide excellent customer service
    • Responsible for the offering of loans, negotiate terms, and take applications for a dwelling-secured transaction within the Private Mortgage Banking Sales functional area
    • Build relationships focused on affluent borrowers with realtors, builders, financial professionals, bank stores, past customers, and other non-traditional sources
    • Interact with customers to understand their needs and provide them with a high quality loan service
    • Inform prospective and existing customers of WFHM programs, rates, policies, underwriting requirements, and loan procedures
    • Receive customer applications, quote the rate and points, and complete follow-up activities with the registration lock-in 
    • Understand real estate appraisals, title reports, and real estate transactions 
    • Analyze detailed financial and credit data, matching customer needs with an appropriate loan program and level of risk
    • Provide information regarding the loans to consultants and functional colleagues
    • Present recommendations for producing loans and exercise some independent judgment while developing understanding of Private Mortgage Banking Sales functional area, policies, procedures, compliance requirements, and generating loans
    • Continuously pursue Wells Fargo training offerings to increase knowledge of company products, policies and procedures, and underwriting requirements
    • Develop and maintain a high degree of visibility for WFHM in the marketplace 

    Required Qualifications:

    • 2 years of Private Mortgage Banking Sales experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, or education

    Desired Qualifications:

    • Basic Microsoft Office skills
    • Documented retail residential mortgage purchase fundings over the past 12 months referred primarily from established, local, external sources
    • Excellent verbal, written, and interpersonal communication skills
    • Mortgage industry experience 
    • Knowledge and understanding of sales prospecting and generating referrals 
    • Bilingual speaking proficiency in Spanish/English
    • Customer service experience
    • Experience working with high net-worth clients

    Job Expectations:

    • This position requires SAFE registration at the time of employment.  Wells Fargo will initiate the SAFE registration process immediately after your employment start date. The Nationwide Mortgage Licensing System (NMLS) web site (http://fedregistry.nationwidelicensingsystem.org ) provides the MU4R questions and registration required for employment in this position
    • Individuals in Loan Originator (LO) positions must meet the Consumer Financial Protection Bureau qualification requirements and comply with related Wells Fargo policies.  The LO qualification requirements include meeting applicable financial responsibility, character, general financial fitness and criminal background standards.  A current credit report will be used to assess your financial responsibility and credit fitness, however, a credit score is not included as part of the evaluation.  Successful candidates must also meet ongoing regulatory requirements including additional screening, if necessary
    • Completion of formal position specific training programs
    • Reliable transportation
    • Ability to work nights, weekends, and/or holidays as needed or scheduled

    Posting End Date: 

    18 Apr 2024

    *Job posting may come down early due to volume of applicants.

    We Value Diversity

    At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.

    Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite and all risk and compliance program requirements.

    Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

    Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.

    Applicants with Disabilities

    To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.

    Drug and Alcohol Policy

     

    Wells Fargo maintains a drug free workplace.  Please see our Drug and Alcohol Policy to learn more.


  • 7 Days Ago

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U.S. Private Bank – Private Banker – Associate
  • JPMorgan Chase
  • Winnetka, IL FULL_TIME
  • We are actively looking for exceptionally talented individuals who are collaborative, confident and motivated to provide a first-class experience to clients within J.P. Morgan’s U.S. Private Bank. If ...
  • 20 Days Ago

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PWM Private Banker NMLS 5
  • U.S. Bank National Association
  • Chicago, IL FULL_TIME
  • At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succee...
  • 1 Day Ago

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PWM Private Banker NMLS 5
  • 300 U.S. Bank National Association
  • Chicago, IL FULL_TIME
  • At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succee...
  • 6 Days Ago

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Coldwell Banker is growing and looking for Licensed Real Estate Agents
  • Coldwell Banker
  • Aurora, IL FULL_TIME
  • Licensed Real Estate Sales Agent Coldwell Banker NRT is seeking both new and experienced real estate agents who are looking to boost their career up a notch. We offer innovative tools and programs spe...
  • 4 Days Ago

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Coldwell Banker is growing and looking for Licensed Real Estate Agents
  • Coldwell Banker
  • Elgin, IL FULL_TIME
  • Licensed Real Estate Sales Agent Coldwell Banker NRT is seeking both new and experienced real estate agents who are looking to boost their career up a notch. We offer innovative tools and programs spe...
  • 4 Days Ago

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0 Private Banker jobs found in Oak Park, IL area

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Market Relationship Banker
  • Old National Bank
  • Chicago, IL
  • Overview: Old National Bank has been serving clients and communities since 1834. With $48 billion in total assets, we ar...
  • 3/28/2024 12:00:00 AM

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Senior Premier Banker - NILES - Niles, IL
  • WELLS FARGO BANK
  • Niles, IL
  • Why Wells Fargo: Are you ready for the next step in your career? This is where it begins - at a company known for our "W...
  • 3/28/2024 12:00:00 AM

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Relationship Banker
  • Old National Bank
  • Buffalo Grove, IL
  • Overview: Old National Bank has been serving clients and communities since 1834. With $48 billion in total assets, we ar...
  • 3/28/2024 12:00:00 AM

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Business Development Associate
  • Deerpath Capital
  • Chicago, IL
  • Company Description Deerpath Capital is a leading direct lending firm specializing in providing first lien, senior debt ...
  • 3/28/2024 12:00:00 AM

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Transaction Advisory (M&A) Tax | Manager
  • FORVIS
  • Chicago, IL
  • Description & Requirements At FORVIS, our Transaction Services team is led by a talented team of experienced transaction...
  • 3/28/2024 12:00:00 AM

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Vice President - Investment Banking
  • Cabrera Capital Markets, LLC
  • Chicago, IL
  • Position: Vice President - Investment Banking Location: Onsite in Chicago, IL Founded in 2001, Cabrera Capital Markets L...
  • 3/27/2024 12:00:00 AM

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Investment Banking Associate | Private Capital Advisory
  • Jefferies
  • Chicago, IL
  • Jefferies Private Capital Advisory is one of the pre-eminent advisors to financial sponsors and institutional limited pa...
  • 3/25/2024 12:00:00 AM

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Market Relationship Banker
  • Old National Bank
  • Merrillville, IN
  • Overview: Old National Bank has been serving clients and communities since 1834. With $48 billion in total assets, we ar...
  • 3/25/2024 12:00:00 AM

Oak Park is located immediately west of the city of Chicago. The boundary between the two municipalities is Austin Boulevard on the east side of Oak Park and North Avenue/Illinois Route 64 on the village's north side. Oak Park borders Cicero along its southern border, Roosevelt Road/Illinois Route 38, from Austin to Lombard; and Berwyn from Lombard to Harlem Avenue. Harlem/Illinois Route 43 serves as its western border, where between Roosevelt and South Boulevard, it borders Forest Park and between North Boulevard and North Avenue to the west it borders River Forest. The entire village of Oak ...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Private Banker jobs
$76,914 to $113,073
Oak Park, Illinois area prices
were up 0.8% from a year ago

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