Deerwood Bank · 1 month ago
Practice Finance/Private Banking Officer
Waite Park, MN
Full-time
Onsite
Mid, Senior Level
$90K/yr - $120K/yr
5+ years expDeerwood Bank is seeking a dedicated and professional Practice Finance/Private Banking Officer to join their Waite Park, MN or Sartell, MN location. This role involves identifying and developing new client relationships while maintaining existing relationships with high-net-worth clients, providing financial advice, and implementing sales strategies to achieve production goals.
BankingFinancial Services
Responsibilities
Develop, maintain, and grow relationships with Professional Practice (i.e., doctors, lawyers, accountants) clients to understand their financial needs and goals
Analyze clients’ financial situations and credit tailored financial plans
Monitor clients’ portfolios and make recommendations for adjustments as needed
Retain and grow existing high-net-worth customers’ deposit and loan relationships
Prospect new clients and centers of influence
Utilize sales strategies and market analysis to achieve production goals
Identify drivers of profitability and cashflow and be able to conduct an analysis from different financial statements
Generate new deposit accounts and cross-sales of other ancillary products and services
Collaborate with other team members to ensure all clients’ needs are satisfied
Participate in various professional associations and community activities to enhance the Bank’s visibility and to further personal and professional development
Maintain information security, including compliance with policies and standards which protect sensitive information
Qualification
Required
Experience working with Professional Practice clients in a trusted advisor role
5+ years of financial services sales experience with strong working knowledge of credit and lending fundamentals
Full knowledge of commercial and retail banking services and be able to refer clients to the appropriate areas
Excellent verbal and written communication skills
Initiative-taking and result oriented
Strong people skills
Candidate must have or be able to obtain an active NMLS license
Proficiency with Excel, Word, PowerPoint, Outlook, Teams, SharePoint
Ability to always present a professional and positive image to clients
Ability to be flexible with schedule and prioritize a variety of tasks
BS/BA in Business, Finance, or relevant field
Benefits
Medical insurance, including virtual telemedicine and mental health counseling
Health Savings Account
Flexible Spending Account (health, limited purpose health, and dependent care)
Dental insurance
Vision insurance
Life insurance (basic and voluntary)
Short-term disability insurance
Long-term disability insurance
Long-term care insurance
Adoption Assistance Program
Employee Assistance Program
PTO
Paid Volunteer Time Off
Paid holidays
401(k) with company match (eligible on the first of the month following 2 months of employment)
Financial wellness education
Free or reduced fees for banking products and services
Employee Referral Bonus
Company
Deerwood Bank
Deerwood Bank is a community-based bank.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
John Ohlin
President/CEO
Greg Breen
Chief Credit Officer
Recent News
Seattle TechFlash
2025-08-07
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