Private Banking Director jobs in Bentonville, AR

Private Banking Director oversees all aspects of private banking activities that service the needs of high net-worth clients. Ensures that client relationships are developed and expanded and that the resources of the entire organization are properly leveraged to provide efficient and personalized service delivery. Being a Private Banking Director develops strategies and objectives that include deposit and loan volume goals and effective marketing plans. Implements operations, processes, and team development programs that enhance the achievement of private banking objectives. Additionally, Private Banking Director may act as a consultant for high-value or complex credit decisions. Requires a bachelor's degree. Typically reports to senior management. The Private Banking Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be a Private Banking Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)

A
Private Banking Advisor
  • Arvest Bank
  • Fayetteville, AR FULL_TIME
  • Position is located at 516 E Milsap, Suite 203, Fayetteville, AR 72703.

    Hours are Monday through Friday 8:00 am to 5:00 pm with availability to work additional hours as needed.

    Preferred Qualifications are experience in originating Commercial, Mortgage and/or Consumer loans.

    Pay is based on a number of factors including the successful candidate’s job-related knowledge and skills, qualifications, and prior experience. Arvest offers a comprehensive suite of benefits, including a full range of health and life, financial, and wellness benefits. For more information about benefits, please visit www.arvest.com/careers/benefits .

    Summary:

    SUMMARY: The incumbent is responsible for effective generation of a full range of products and services used to achieve a comprehensive financial approach of meeting clients’ financial needs. The incumbent has a broad range of knowledge of various financial strategies such as: cash flow management, leverage, and wealth transfer before and after death. The incumbent has an assigned portfolio of clients and is expected to conduct a systematic contact approach to achieve high-level touches with private banking clients. The incumbent is to provide exemplary customer service and be consistently available to meet with clients as needed. Direct responsibilities include: managing a loan portfolio consisting of consumer and commercial[1] loans and deposits, managing loan portfolio risk and client relationships, assessing other financial products to serve the private banking client’s financial needs and fulfilling the delivery of the product or service to the client. Incumbent is expected to be actively involved in the community.

    ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.

    • Analyze and develop wealth management strategies for private banking clients by aligning the client’s financial goals with Arvest’s products and services that will serve to meet the client’s needs.
    • Serve as a single point of contact for all of a Private Banking client’s financial needs. This role has the responsibility of identifying and acquiring strategic business partners within Arvest who can assist in fulfilling financial needs.
    • Develop quality prospects and Centers of Influence (COI’s), through internal and external referral sources, organization involvement, market research, target marketing specific industries or segments of the market.
    • Demonstrate strategic internal partnerships by conducting join calls with other associates, including commercial and mortgage lenders, treasury management personnel, wealth management counterparts, and/or the Private Banking Manager.
    • Analyze and develop loan presentations with complete credit analysis for commercial loans. Utilize sound underwriting practices to determine an appropriate decision for a commercial loan request. Assimilate required documentation to process consumer loans using the bank’s policies and procedures. Ensure completion of loan closing and disbursements for the client.
    • Generate a continuous pipeline of new business utilizing the CFB4 process.
    • Pursue continuing education related to the role of the Private Banker. Development of additional expertise in lending and asset management for wealth management financial planning is expected.
    • Foster teamwork and private banking knowledge in all assigned branches to ensure a positive customer experience for qualified private banking clients.
    • Understand and comply with bank policy, laws, regulations, and the bank's BSA/AML Program, as applicable to your job duties. This includes but is not limited to; complete compliance training and adhere to internal procedures and controls; report any known violations of compliance policy, laws, or regulations and report any suspicious customer and/or account activity.

    TEAM ACCOUNTABILITIES:

    • Cross-sell other services of the bank.
    • Support and uphold the Arvest Mission Statement.
    • Uphold the Arvest Code of Ethics and ensure that confidential information is safeguarded.
    • Maintain a high level of cooperation and rapport with all associates in order to ensure accurate and efficient operations and service.
    • Formulate and communicate new ideas and suggestions that will improve profitability and efficiency for the bank's overall operation.
    • Foster and promote the proper bank image at all times.
    • Maintain involvement in community affairs to foster and promote the proper bank image at all times.

    SUPERVISORY RESPONSIBILITIES:

    May directly supervise 1 or more associates as assigned by the Manager. Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws. Ensure direct reports have completed required compliance training and are adhering to all internal procedures and controls as it relates to bank policy, laws, regulations and Arvest’s BSA/AML Program. Responsibilities include interviewing, hiring, appraising performance, rewarding, and disciplining associates. The incumbent has the authority and the appropriate influence to make recommendations regarding hiring, firing, advancement, promotion, or any other change of status of other associates within the guidelines of the bank’s procedures and guidelines for such change of status events. The incumbent provides training, planning, assigning, and directing work assignments and schedules; addressing complaints and resolving problems.

    [1] Commercial credits are underwritten on the strength of the private client’s personal financial strength, i.e., personal financial statement, cash flow and assets.


    Responsibilities:

    QUALIFICATION REQUIREMENTS:

    To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.

    EDUCATION and/or EXPERIENCE:

    • Associates degree in accounting, finance or business or equivalent work experience is required.
    • 4 years experience in financial services is required.
    • Completion of CFB 4 training within 6 months.
    • Current NMLS SAFE Act Registration or the ability to be registered within 30 days required.
    • Bachelor’s degree preferred.
    • Series 7, 66 and insurance license preferred.
    • Exceptional consulting skills preferred: ability to probe, listen, clarify and present information to advance sales transactions, deepen relationships.

    OTHER SKILLS AND ABILITIES:

    • Must be able to arrive at work on time, work on site and have regular work attendance
    • Must be able to work cooperatively with other co-workers regardless of personality, presence or communication style
    • Must be able to provide cordial customer service regardless of customer personality, presence or communication style
    • Must be able to perform several tasks at once
    • Must be able to work in a stressful atmosphere
    • Must be able to rotate job tasks
    • Must be able to greet others cordially
    • Must be able to coordinate multiple and changing priorities
    • Must be able to verbally communicate with all other associates
    • Must be able to operate telephone, scanner, copier and FAX machines
    • Must be able to occasionally work outside of normal business hours.
    • Must be able to move from department, division, or bank to department, division, or bank to attend meetings
    • Must be able to operate personal computer keyboard in order to create reports, schedules and other appropriate documentation

    PHYSICAL DEMANDS:

    The physical demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.

    While performing the duties of this job, the associate is regularly required to stand, walk, sit, and to talk and hear. The associate must occasionally reach with hands and arms; stoop, kneel, or crouch.

    The associate may occasionally be required to lift or move up to 25 pounds.

    Specific vision abilities required by this job include close, distance and color vision and the ability to adjust focus.

    The incumbent must be able to travel occasionally by themselves within the US, including overnight, and via automobile and air.

    WORK ENVIRONMENT:

    The work environment characteristics described here are representative of those an associate encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.

    The noise level in the work environment is usually moderate.


    Grade 16

    Pay Range: $71410 - $84797 per year

  • Just Posted

A
Private Banking Specialist 1
  • Arvest Bank
  • Rogers, AR FULL_TIME
  • Position is Monday through Friday 8 am to 5 pm with ability to work additional hours as needed. Location: 405 S Walton Blvd, Bentonville, AR or 4201 W JB Hunt Dr, Rogers, AR. Pay is based on a number ...
  • 1 Month Ago

A
Private Banking Advisor
  • Arvest Bank
  • Rogers, AR FULL_TIME
  • Position is Monday through Friday 8 am to 5 pm with ability to work additional hours as needed. Location: 4201 S JB Hunt Drive, Rogers, AR. Pay is based on a number of factors including the successful...
  • 16 Days Ago

F
Banking Center Manager
  • First Security Bank
  • Springdale, AR FULL_TIME
  • First Security Bank offers career opportunities for diverse, professional, and energetic individuals who foster a culture that values critical thinking, problem solving and who execute operational exc...
  • 2 Months Ago

H
Personal Care Aide - Colcord OK
  • Healthcare Innovations Private Services, Inc.
  • Kansas, OK PART_TIME
  • Job Description: Salary Range - $11.50 BEST benefits in Home Care! We love people who care for people. Join our Elara Caring family as a Caregiver. Why Join the Elara Caring mission? Teamwork environm...
  • 2 Months Ago

H
Personal Care Aide - Colcord OK
  • Healthcare Innovations Private Services, Inc.
  • Colcord, OK PART_TIME
  • Job Description: Salary Range - $11.50 BEST benefits in Home Care! We love people who care for people. Join our Elara Caring family as a Caregiver. Why Join the Elara Caring mission? Teamwork environm...
  • 2 Months Ago

Filters

Clear All

  • Filter Jobs by companies
  • More

0 Private Banking Director jobs found in Bentonville, AR area

A
SAP Treasury Manager
  • Accenture
  • Bentonville, AR
  • We Are: Accentures SAP practice, and we bring the New to life using design thinking, agile development methodologies, an...
  • 5/10/2024 12:00:00 AM

E
Pricing & Sales Analyst - Rogers AR
  • Envision
  • Rogers, AR
  • Exciting position working for an industry-leading CPG company with opportunities for growth. Pricing/Sales Analyst will ...
  • 5/10/2024 12:00:00 AM

B
Financial Advisor
  • Bedrock Asset Management
  • Bentonville, AR
  • Job Description Job Description HIGH commission payout rate Opportunity for future ownership One on one mentorship with ...
  • 5/9/2024 12:00:00 AM

A
Workday Certified Financials Adaptive Consultant
  • Accenture
  • Bentonville, AR
  • We are We are a global collective of innovators applying the New every day to improve the way the world works and lives....
  • 5/9/2024 12:00:00 AM

U
Assistant Branch Manager & Management Hire
  • Under Armour
  • Centerton, AR
  • Responsibilities The Assistant Store Manager supports the Store Manager in the daily operations of the store This includ...
  • 5/9/2024 12:00:00 AM

B
Financial Services Professional
  • Bankers Life
  • Bentonville, AR
  • Bankers Life®, one of the most respected brands in the Financial Services industry, is seeking ambitious individuals to ...
  • 5/8/2024 12:00:00 AM

B
Financial Advisor
  • Bankers Life
  • Bentonville, AR
  • Bankers Life® Financial Advisors help clients live more and worry less through personalized financial planning. They are...
  • 5/8/2024 12:00:00 AM

F
Financial Advisor
  • First Horizon Advisors, Inc.
  • Bentonville, AR
  • Location: On site at location listed in job posting. Summary We are seeking outstanding Advisors to join our growing tea...
  • 4/18/2024 12:00:00 AM

Bentonville is the ninth-largest city in Arkansas, United States and the county seat of Benton County. The city is centrally located in the county with Rogers adjacent to the east. The city is the birthplace and world headquarters of Walmart, the world's largest retailer. It is one of the four main cities in the four-county Northwest Arkansas Metropolitan Statistical Area, which is ranked 109th in terms of population in the United States with 463,204 residents in 2010, according to the United States Census Bureau. The city itself had a population of 35,301 at the 2010 Census, with an estimated...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Private Banking Director jobs
$194,529 to $305,719
Bentonville, Arkansas area prices
were up 1.2% from a year ago

Private Banking Director in Columbus, GA
Private Banking Job is also known as personalized banking services since it is customized for wealthy families to manage their money.
December 24, 2019
Private Banking Director in Springfield, MO
It is not quite apt to define private banking as wealth management, because private banking generally offers a much narrower set of financial options.  A private banker offers strategies that can be applied to the assets the bank can access, while a more comprehensive wealth manager would develop broad strategies that include all of a client’s assets.
February 01, 2020
Private Banking Director in Jackson, MS
The responsibility of those with Private Banking and Wealth Management jobs is to manage the funds of the very wealthy efficiently, effectively and with the utmost care.
January 17, 2020