Associate Banker Job Description
Associate banker
provides sales assistance to walk-in clients and provide banking solutions for basic deposit products and/or consumer loan products.
Associate Banker Duties & Responsibilities
To write an effective associate banker job description, begin by listing detailed duties, responsibilities and expectations. We have included associate banker job description templates that you can modify and use.
Sample responsibilities for this position include:
Assist in developing and implementing marketing campaigns
Ensure a coordinated business development and service process with product partners
Earns referrals from clients, internal business partners, and Centers of Influence
Partners with Wealth Management Advisors (WMAs), internal business partners, and Centers of Influence in the sales process to maximize new business opportunities
Identifies referral opportunities across all service lines including IM&T, Brokerage, Insurance, Wealth Planning, and Equity Risk Management while collaborating with the Wealth Management Advisor (WMA)
Demonstrates sales, client contact, and relationship management skills including development of targeted business plans
Achieves targeted annual sales goal of $15,000 - $35,000 and annual revenue of $200,000 - $750,000
Collaborates with WMAs and other specialists to ensure the Private Bank client experience is delivered
Collaborates with WMAs to deliver advanced planning techniques
Provides clients with current industry trends
Associate Banker Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Associate Banker
List any licenses or certifications required by the position: NSFI, AMFI, CSC
Education for Associate Banker
Typically a job would require a certain level of education.
Employers hiring for the associate banker job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and High School Degree in Business, Education, Military, General Education, Communication, MBA, Finance, Financial Services, Economics, Management
Skills for Associate Banker
Desired skills for associate banker include:
Our self-service and digital platform
Using digital resources and technologies to optimize clients’ digital banking experience
Banking and credit products desirable
Bank’s deposit
Branch operations
Investments
Loan and ancillary products and an understanding of the qualifications
Relationship management and products/services
UHNW Brazilian client market
UHNW NRI client market
Desired experience for associate banker includes:
Challenges and collaborates with clients to articulate and achieve their financial goals
Supports more senior Private Banking staff in servicing their client base
Develops strong negotiation and presentation skills
This position requires S.A.F.E
Act as subject matter expert for Financial Advisor (FA) and Branch inbound inquires or facilitate referral for resolution to the subject matter expert
Work with and communicate effectively with Financial Advisors, Branch Managers & staff, Private Bankers & Product partners
Associate Banker Examples
1
Associate Banker Job Description
Job Description Example
Our company is growing rapidly and is hiring for an associate banker. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for associate banker
- Assist Director with reporting sales tracking, activity tracking, pipeline activity
- Conduct research and prepare materials to assist PB/Director for client meetings
- Identify cross sell opportunities from day to day interactions with clients and advise Banker
- Organise welcome pack and make contact with new clients to fully onboard and develop relationship
- Attend client meetings when required
- Complete sales of Tier 2 products (Cash and Deposits, General Insurance and credit cards) for the portfolio in line with client expectations, policy and procedures
- To support Bankers with local and regional account management , covering the full spectrum of relationship management
- This will include (not exhaustive list) assisting with client onboarding, facility documentation , deal execution, annual reviews/new applications, preparation of client presentations/marketing pitch, relationship plans/client action plans, account servicing, team projects/reports
- Support the Regional Account Management (RAM) structure
- No overdue for KYC
Qualifications for associate banker
- Demonstrates strong interpersonal and verbal and written communication skills
- Responding quickly and resourcefully to requests from customers, Private Banking management, and
- Other senior Bank officers
- Accompanying the Private Banker on calls as required
- Immediately reporting/escalating fraudulent activities, unusual occurrences, issues/deficiencies/trends
- The incumbent must have 3 - 5 years Commercial or Retail banking experience, understanding
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Associate Banker Job Description
Job Description Example
Our growing company is searching for experienced candidates for the position of associate banker. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for associate banker
- In agreement with the Team Leader when success is demonstrated in the Associate Private Banker role, when fully competent and sign off in the role, gradually take on a small number of clients from existing Bankers to start developing a client book of your own under direct supervision from your Team Leader
- Continuously seek out self-development opportunities by obtaining appropriate professional qualifications such as CISI Investment Advice Diploma (IAD) qualifications and expanding experience and product/industry knowledge
- Proactively seek out self-development opportunities internally by attending weekly investment meetings, Product and Services training and client events
- Contribute and achieve personal and team targets and conversion rate at quarterly intervals throughout the year with Team Leader
- Perform all duties in accordance with the principles outlined in the SGPBH Code of Conduct, the policies and procedures relevant to your responsibilities, to ensure that you adhere to a culture that treats clients fairly and focuses on the long term sustainability of client relationships
- Document large deposit over Currency Transaction Reports
- Identify fraudulent activity to prevent potential loss to the bank
- Ensure financial transactions are completed accurately and efficiently, while complying with all policies, procedures and regulatory and banking requirements
- Maintain strong relationships with existing customers and cultivate new customer relationships
- Is confident in educating clients on conducting banking transactions online, via mobile app and self-service portals
Qualifications for associate banker
- Continual opportunities to expand your financial acumen, sales expertise and interpersonal skills
- Opportunities to develop your career and grow into new roles, such as a Wealth or Retail Management
- All applicants must possess an active Life/Health Insurance License and Series 6 & 63 licenses
- Willingness to work branch hours, which can include weekends and evenings
- Series 7 and 66 licenses required, or to be obtained within 90 days of employment
- Previous experience in customer service, retail sales, teller, or similar position is highly preferred
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Associate Banker Job Description
Job Description Example
Our company is growing rapidly and is looking for an associate banker. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for associate banker
- Maintain pipeline reports on an ongoing basis
- Source and develop loans including but not limited to HELOC, Residential Loan and Commercial Loan
- Assist customers with financial needs such as cash withdrawals, deposits, transfers, loan/credit card payments, wire transfers and foreign currency exchange
- Highly motivated self-starter with a strong work ethic and focus on results with clients’ best interest in mind
- Communicates effectively and confidently while engaging with clients
- Supporting a Senior Private Banker with building a strong pipeline of engaged prospective clients
- Providing bespoke investment and strategic advice to high net worth individuals and their families
- Attend meetings with Senior Private Banker(s)/Directors and assist with the completion of various client reviews (e.g Suitability Reviews, Periodic reviews, Static reviews) and Credit proposals ensuring full understanding of the on-boarding process and have the ability to document client circumstances appropriately, with the ability to identify high risk and vulnerable clients
- Under supervision, understand existing client account types and portfolios (e.g asset classes such as Fixed Income/Equity) with the ability to communicate the Bank’s current thinking on balance of portfolios
- Liaise with Private Banker and middle office functions to ensure that the client proposition is effectively fulfilled and that all business transacted for clients and the post-sale service provided to clients meets the key Treating Customer Fairly outcomes
Qualifications for associate banker
- Minimum 5 years financial services industry experience with exposure to lending and credit
- Ability to build and retain strong client relationships
- Working level interpersonal and communication skills in French and English
- General knowledge of credit policy
- General knowledge of consumer lending practices and banking/lending laws
- Understanding of Treating Customers Fairly Principles and application
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Associate Banker Job Description
Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of associate banker. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for associate banker
- Transactional Banking and Cash Management capabilities
- Retail and Commercial products knowledge
- Exposure to relationship banking/advice
- Ability to learn diverse operational systems
- Engaging the client by welcoming them warmly with a pleasant demeanor, using the client name, whenever possible, and thanking them for doing business with Chase
- Assisting customers and making clients feel appreciated
Qualifications for associate banker
- Ability to understand client circumstances and identify high risk/vulnerable clients to assess suitability
- Polished Relationship management skills – ability to build and sustain relationships
- Level 4 RDR compliant qualification (or working towards) such as the CISI Investment Advice Diploma (IAD) which must include the derivatives module
- CeMAP or willing to work towards
- Excellent communication skills & client support background
- Understanding the role and operation of Family Offices and ability to bring insights to this segment
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Associate Banker Job Description
Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of associate banker. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for associate banker
- Coordinates client relationship management with the lead relationship manager for the assigned portfolio
- Applies relationship management principles and techniques to an assigned portfolio of clients providing a value-added client experience
- Acts as a secondary member of a client deal team in the facilitation of the desired client experience and to achieve business goals
- Maintains knowledge and understanding of financial planning principles, incorporating this into planning strategies to help clients
- Builds effective relationships with internal/external stakeholders
- Ensures alignment between stakeholders
Qualifications for associate banker
- Strong attention to details and time management skills
- Flexibility to work on weekends when needed
- Previous experience in Private Banking working with Ultra High Net Worth individuals and families from either Blegium or The Neterlands is desirable
- Minimum of 3 years experience with an investment, commercial or private
- Strong knowledge of banking and lending products including bank deposits
- Maintain poise, presence and professionalism with FAs and their affluent