What are the responsibilities and job description for the Assistant Vice President Private Banking position at Park Bank - Madison?
Park Bank is hiring our next Assistant Vice President of Private Banking, and we want to talk with you! This role is a key part of our Private Banking team, helping the organization grow and retain relationships with high-value clients while delivering exceptional service and personalized financial solutions. Reporting to the SVP, Private Banking, you’ll work alongside a strong team of professionals to develop deep and meaningful relationships in the community. You are polished, professional, and thrive in high-pressure situations where client satisfaction is key.
As our next AVP Private Banking, you are a proactive relationship builder with a strong background in banking, lending, and client service. You’ll engage in business development activities to onboard new Private Banking households, while also managing and expanding existing client relationships through strategic portfolio reviews, product referrals, and personalized service. You’re a strategic thinker who enjoys collaborating with internal partners to deliver tailored solutions, and you’re passionate about helping clients reach their financial goals. You see a long-term career in Private Banking and are excited to grow within the department. If you’re ready to take your career to the next level at a community-focused institution, we’d love to hear from you!
Essential Functions & Duties:
- Engage with existing Private Banking households, as assigned, to grow the Private Banking portfolio and ensure retention. Conduct strategic Portfolio Reviews to identify current and future financial needs and effectively offer solutions directly or through business partner referrals.
- In support of assigned growth and production goals, develop an outbound contact strategy to ensure Park Bank is offering appropriate products and services to new and existing clients.
- Work with strategic partners to assist in the processing and delivery of banking products; and utilize this opportunity to acquire new Private Banking loan and deposit accounts.
- Perform daily responsibilities to include servicing clients, processing stop payments, wire transfers, placing check orders, processing special instructions on accounts and processing account maintenance requests.
- Achieve assigned referral goals to Private Banking Mortgage and Park Capital Management. Through outbound calling efforts and strategic partner referrals, successfully on board new Private Banking households.
- Through acquisition and retention activities, achieve assigned growth goals in Private Banking households and Loan/Deposit portfolio.
- Ensure compliance with all bank policies and procedures to include regulations, CIP, audit and security.
Requirements
Required Education and Experience
- Associate’s Degree or post-secondary classes/degree. Equivalent experience also accepted.
- Minimum 5-7 years of experience in Private Banking or related; or equivalent combination of education and experience.
Additional Eligibility Requirements
- Excellent communication and organizational skills
- Basic lending and sales experience and depository banking knowledge
- Proven sales success, networking abilities, and relationship building
Why Work for Park Bank?
- Robust Benefit Package Including Medical, Dental, Vision, etc.
- Four Different Benefit Packages to Choose What Fits Your Needs Best
- 10 Paid Holidays (Including Your Birthday)
- PTO That Increases Each Year of Service
- Generous 401K Company Match
- Wellness Reimbursement Program
- Associate Resource Groups (ARGs)
- Eligibility to participate in Bank-wide Bonus Program
- And more!
