Private Banker I

About the Role

It's fun to work in a company where people truly BELIEVE in what they're doing! We're committed to bringing passion and customer focus to the business. The Private Banker I is responsible for comprehensive management and service delivery, specifically catered to Simmons Private Banking and high‑net‑worth customers. This includes relationship oversight, new client acquisition, promotion of Private Banking consumer products, and facilitating connections with various bank departments to enhance client engagement. The position requires thorough knowledge of Private Banking offerings while maintaining a comprehensive knowledge of Simmons Bank product lines. Key measurements of success are net new loan and deposit growth, referrals to other lines of business, and portfolio management including asset quality. The role is expected to grow a portfolio through new and organic business and serve as a referral partner in established markets.

Essential Duties & Responsibilities

• Assess potential client prospects to determine eligibility for the Private Banking program and conduct referrals to other lines of business as needed.
• Proactively address client and Private Banking client needs through relational selling in a trusted‑advisor role, assisting them in recognizing opportunities and risks while helping them accomplish goals using Simmons Bank’s products and services.
• Maintain a high level of customer relationship and professionalism.
• Review and analyze financial information to determine a customer’s creditworthiness.
• Work closely with senior‑level Private Bankers and representatives from other Simmons lines of business to provide a well‑rounded banking relationship for clients.
• Become active in the community through membership in business organizations, community events, and/or non‑profit organizations to deepen relationships with clients and prospects.
• Meet individual goals and contribute to a team‑oriented environment to ensure departmental and bank‑wide goals are met; set and achieve challenging goals without direct supervision and contribute to a positive team spirit.
• Achieve measures of success in relationship retention, expansion, and advocacy.
• Proactively participate in educational and development opportunities to better serve clients.
• Adhere to loan policies and procedures with complete documented files to ensure satisfactory reviews from internal and external audits.
• Ensure all departmental documents and activities are performed in compliance with applicable laws, regulations, policies, and procedures, including completion of required compliance training.
• Perform other duties and responsibilities as assigned.

Qualifications

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.

Skills

• Understanding of banking products and services, and how to tailor a package to clients that best serve their needs.
• Well‑developed interpersonal and negotiating skills.
• Excellent written and verbal communication skills.
• Basic accounting, credit, and sales skills.
• Detail‑oriented and proven ability to multi‑task.
• Ability to read and interpret documents such as procedure manuals, general business correspondence, journals, or government regulations.
• Ability to read, analyze, and interpret financial reports and/or legal documents.
• Ability to write routine reports and business correspondence.
• Ability to effectively present information in one‑on‑one and small‑group situations to customers, clients, and other employees.
• Ability to present information and respond to questions from groups of managers, clients, customers, the general public, and/or boards of directors.

Education and Experience

• Bachelor’s degree in business, finance, a related field, or relevant job experience (preferred).
• 2+ years banking experience with basic sales skills and elevated customer service (preferred).
• Experience in the local market required for better understanding of the environment and potential customer base.
• Computer Skills: MS Office programs; proficiency in lending computer software.

Certificates, Licenses, Registrations

• NMLS required.

Other Qualifications (including Physical Requirements)

• Analytical – ability to collect data and use experience and skill set to make decisions.
• Oral – possesses the ability to speak clearly and persuasively in all situations; responds clearly to questions and demonstrates presentation skills.
• Written – written material is informative; edits work for spelling and grammar.

Additional Information

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Activities, duties, and responsibilities may change at any time with or without notice.