Hancock Whitney Corporation

Private Banker 4

Hancock Whitney Corporation • $90K — $120K *
Covington, LA 70433In-Person
Finance & Insurance
8 - 10 years of experience
More than 3 months ago
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business or related field; Master's degree preferred.
  • 10 years of experience in Private Banking, Wealth Management, or Wholesale Banking.
  • Possess or obtain FINRA Series 7 and Series 66 licenses within 18 months; Series 63 and 65 registrations can substitute for Series 66.
  • Possess or obtain a multi-state Life and Health Insurance license within 18 months.
  • CFP, CWS, or similar designation preferred, to be obtained within 24 months.

Responsibilities

  • Coordinate marketing events to enhance Private Wealth Management visibility.
  • Develop and grow a portfolio of high-revenue client relationships.
  • Deliver sound financial planning and advisory services tailored to clients.
  • Generate new business through external sales and screened leads.
  • Provide lending services and recommendation for Private Wealth clients.
  • Package and present loan proposals compliant with bank policies.
  • Monitor and analyze financial statements of borrowers and ensure credit quality.

Benefits

  • Opportunity to work with high net worth clients.
  • Collaboration with internal teams to enhance service delivery.
  • Access to professional development and industry designations.
  • Involvement in community and professional groups for networking.
  • Supportive of regulatory compliance and best practices.
Full Job Description
JOB FUNCTION / SUMMARY:

Private Banker 4's coordinates the integrated delivery of wealth products and services to high net worth clients for investments, borrowing & liability management, risk management & insurance, estate planning & trust services, which are delivered through holistic financial planning. Private Bankers ensure the company's credit quality standards are met or exceeded and work towards generating new business.

ESSENTIAL DUTIES & RESPONSIBILITIES:
  • Coordinates marketing events that promote Private Wealth Management capabilities for internal associates and external client prospects and centers of influence
  • Develops and grows a portfolio of important revenue generating client relationships
  • Delivers object and sound personal financial planning and advisory concepts to defined Private Wealth Management segments
  • Generate external sales with new clients and screens leads following established policies and procedures to attain new revenue generating relationships
  • Provides lending services to Private Wealth Management clients, and is responsible for loan recommendation and structuring negotiations with the borrower and internal officers
  • Responsible for loan structure based on client needs and in accordance with bank policy, then packages and presents loan proposals to appropriate approval authority
  • Gather and analyzes financial statements of prospective borrowers and makes recommendations to Senior Lenders/Credit Concurrence Officers regarding approval
  • Ensures loan agreements are complete and accurate according to policy and assures timely loan closing and funding activities
  • Negotiates terms and conditions of loans with clients
  • Maintains current financial statements on borrowers & guarantors and prepares comprehensive credit files
  • Responsible for managing risk within the loan and deposit portfolios by closely monitoring delinquencies, overdrafts, documentation and other signs of credit deterioration
  • Actively monitors loan portfolio to ensure credit quality within the current and prospective loan portfolio
  • Works closely with clients to identify financial needs through a consultative sales approach and review to provide appropriate solutions
  • Accountable for attainment of goals set forth by management for revenue growth and production on loans, deposits, wealth management fee and financial plans
  • Teams with partners throughout the bank to generate and make referrals to align clients with the appropriate channel
  • Provides ongoing relationship servicing with current clients to maintain goodwill and gain additional business
  • Promotes and cross-sells other establishment products and services as appropriate to client requirements
  • Monitors, maintains, and updates sales activity, pipeline and other pertinent information using sales management tools
  • Stays active in community and professional groups as a means of potential client acquisition
  • Stay abreast of and remain in compliance with all applicable regulatory guidelines that apply to these functions
  • Participate in all applicable committees as assigned as a member and/or participant to ensure knowledge relative to these activities is communicated to all levels of management
  • Remain in tune with industry best practices in regard to all functions

SUPERVISORY RESPONSIBILITIES:

None

MINIMUM REQUIRED EDUCATION, EXPERIENCE & KNOWLEDGE:
  • Bachelor's degree preferably in Business or related field required; Master's degree preferred.
  • 10 years of experience in Private Banking, Wealth Management and/or Wholesale Banking required.
  • Must currently possess or be able to obtain FINRA Series 7 and Series 66 license within 18 months of employment and be in good standing. A current Series 63 and 65 registration can substitute for the Series 66
  • Must currently possess or be able to obtain a multi-state Life and Health Insurance license within 18 months of employment and be in good standing
  • CFP, CWS or similar wealth management industry designation or the ability to obtain within 24 months of hire is preferred

ESSENTIAL MENTAL & PHYSICAL REQUIREMENTS:
  • Ability to travel if required to perform the essential job functions
  • Ability to work under stress and meet deadlines
  • Ability to operate related equipment to perform the essential job functions
  • Ability to read and interpret a document if required to perform the essential job functions
  • Ability to lift/move/carry approximately 10 pounds if required to perform the essential job functions. If the employee is unable to lift/move/carry this weight and can be accommodated without causing the department/division an "undue hardship" then the employee must be accommodated; hence omitting lifting/moving/carrying as a physical requirement.

About Hancock Whitney Corporation

Hancock Whitney Corporation is a bank holding company headquartered in Gulfport, Mississippi. It operates 237 branches in Mississippi, Alabama, Florida, Louisiana, and Texas. The bank offers a range of services, including personal and business banking, wealth management, and insurance. Hancock Whitney Corporation was founded in 1899 as Hancock Bank and has grown through a series of mergers and acquisitions. The bank has a strong commitment to community involvement and has been recognized for its philanthropic efforts.
Learn more about Hancock Whitney Corporation
Size
3,486 employees
Market Cap
$4.1 billion
Industry
Finance & Insurance
Net Income
-$45.1 million
5 Year Trend
+6.1%
NASDAQ
HWC
* Ladders Estimates

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