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Eastern Bank · 3 months ago

Private Banking Relationship Manager II

125 High Street, Boston, MA, 02110, US

Full-time

Onsite

Senior Level

5+ years exp

Eastern Bank is a financial institution focused on providing private banking services. The Private Banking Relationship Manager II is responsible for the growth of the private banking portfolio and servicing private banking clients while collaborating with internal partners to nurture new relationships and meet financial goals.

BankingFinanceFinancial Services

Responsibilities

Meets assigned goals for portfolio growth, referrals and new business including new deposits, clients, wealth AUM, and revenue (wealth and lending)

Collaborates with internal business partners to identify new private banking opportunities and referrals. Specifically nurtures relationships with wealth and commercial for new business

Works with assigned team to ensure the needs of the clients are met leveraging the bank’s full capabilities to provide solutions. Acts as the 'quarterback' to ensure clients’ banking solutions are implemented

Adheres to onboarding guidelines and client experience practices to ensure the retention and delight of the bank’s top clients. Provides high level servicing to assigned portfolio of clients

Manages the client’s financial circumstances with a focus on maintaining a strong relationship with the bank. Provides valuable advisory services

Maintains an extensive knowledge of all deposit, lending, and cash management solutions to serve as a 'trusted advisor' to our clients

Participates in tactical programs to support the growth of private banking and provides strategic input into business plans and marketing

Contributes to new product development designed to increase Bank’s penetration of target clients and markets

Participates in industry, community, and civic organizations/programs to identify other HNW opportunities. Attends HNW events to interact with assigned portfolio

Prepares monthly client servicing and referral tracking/call report, including documentation of client contacts and discussions and amount of additional deposit, wealth and loan activity generated by business development activities

Meets all requirements in terms of bank operations and compliance. Participates in continuing education programs as requested/required

Other duties as assigned

Qualification

Wealth managementFinancial analysisSalesforceBanking experienceClient relationship managementService excellenceCommunication skillsOrganizational skills