Piermont Bank · 2 hours ago
Specialty Deposit Relationship Manager
New York, NY
Full-time
Onsite
Mid, Senior Level
$110K/yr - $150K/yr
5+ years expPiermont Bank is a commercial bank focused on serving growth companies with innovative financial solutions. The Specialty Deposit Relationship Manager will manage and expand the bank’s portfolio of fiduciary deposit relationships, ensuring exceptional service delivery and compliance while developing deep relationships with clients in various sectors.
BankingCommercialCommercial Real Estate
Responsibilities
Develop and maintain strategic relationships with fiduciary and specialty clients, including title insurance companies, bankruptcy trustees, real estate management firms, and law firms, serving as a trusted advisor for their specialized deposit needs
Oversee the onboarding process for fiduciary and specialty deposit accounts, ensuring all documentation, regulatory, and compliance requirements specific to title, bankruptcy, and real estate sectors are met
Serve as the primary contact for client inquiries, account maintenance, and issue resolution, delivering high-touch service tailored to the unique needs of legal, real estate, and fiduciary clients
Collaborate with operations, compliance, legal, and product teams to deliver customized deposit solutions
Monitor account activity for compliance with bank policies, fiduciary responsibilities, and regulatory standards, particularly those relevant to court-supervised accounts
Identify opportunities to expand specialty deposit services within target sectors and cross-sell additional banking products that support client operations and growth
Prepare reports on portfolio performance, client activity, and market trends within the title, bankruptcy, legal, and real estate management industries to inform strategic planning and risk oversight
Represent Piermont Bank at industry events, legal and real estate forums, and networking functions to enhance visibility, strengthen referral networks, and attract new business opportunities
Qualification
Required
Bachelor's degree in Business, Finance, or a related field
Minimum of 5 years' experience in banking
Proven sales track record in generating deposit growth
Strong business development skills with an entrepreneurial mindset
Ability to work and thrive in a high-growth, fast-paced environment
Experience in working with commercial businesses
Ability to form effective relationships and achieve influence with senior-level personnel in an organization
Strong and effective communication and interpersonal skills
Benefits
Medical
Dental
Vision
401k
Other benefits
Company
Piermont Bank
Piermont Bank provides an unprecedented experience that blends banking and agile startups.
11-50 employees
Funding
Current Stage
Early StageLeadership Team
Wendy Cai-Lee
Founder, CEO, President & Board Director
Rodrigo Suarez
Chief Banking Officer
Recent News
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