Washington Trust Bancorp, Inc

Private Banking Relationship Manager II-IV

Washington Trust Bancorp, Inc$113K — $241K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Finance, Accounting, Business, or related field.
  • Minimum 1 year of commercial lending experience, including relationship management.
  • Strong relationship management and business development skills, particularly with complex credit needs.
  • Experience in selling cash management products or related financial services.
  • Knowledge of bank lending procedures and basic loan documentation.

Responsibilities

  • Maintain and grow a specific book of client relationships with exceptional service.
  • Investigate opportunities to increase market share and enhance profitability.
  • Manage risks through proactive relationship oversight and compliance knowledge.
  • Provide tailored solutions to meet the financial needs of clients.
  • Collaborate with teams to ensure seamless delivery of banking products and services.

Benefits

  • Comprehensive health coverage including medical and dental.
  • Financial support for retirement planning and contributions.
  • Programs designed to promote work/life balance and employee wellness.
Full Job Description
Location: Seattle Office - 601 Union St. Ste 3100 Seattle, WA 98101

Annual salary plus performance-based incentive program. Hiring salary based on experience.

As a member of our Private Banking Team, this role serves as a proactive, client-focused, trusted financial partner to clients through a seamless delivery of credit and depository services. This individual will engage in business development efforts by identifying and calling on prospects and clients to achieve established sales goals. They will provide premier client service while assuring bank profitability and asset quality standards are met.

Relationship Management/Client Service:

Maintains responsibility for retaining and expanding a specific book of relationships, maintaining knowledge of the intricacies of each account or relationship as needed in order to provide superior service to Bank clients.

Sales/Business Development:

Proactively investigates opportunities for expanding market share and making business more profitable, with particular attention to identifying prospective clients and additional financial needs among present clients.

Risk Management:

Controls and minimizes potential risks through proactive relationship management and thorough knowledge of compliance and risk management. Keeps abreast of applicable laws and regulations.

Requirements:

  • Bachelor's Degree in Finance, Accounting, Business or related field.
  • Minimum 1 year work experience in commercial lending, including relationship management.
  • Able to work with clients as a trusted advisor, with moderate to complex credit needs. Excellent relationship management skills required as well as strong credit background and business development acumen.
  • Work experience in the sales of cash management products or related sales experience at a financial institution.
  • Work experience in fiduciary relationship management, including experience in specific unit area (investment, securities, cash management, real estate, commercial lending, consumer lending, etc).
  • Knowledge of Bank lending procedures, as set by the current, published Loan Policy.
  • Basic loan documentation knowledge; ability to document basic credits.
  • Working knowledge of Bank products and services.
  • Proven analytical skills; ability to review and interpret complex data (determining risk, assessing complexity of accounts, etc).
  • Excellent written and verbal communication skills; ability to analyze, synthesize and articulate complex ideas and communicate such to colleagues, team members, and clients.
  • Excellent interpersonal skills; ability to collaborate with and work effectively with diverse groups of people, managing conflict, negotiating for results and developing working relationships with potential and current clients.
  • Ability to set and achieve challenging goals.


Compensation:

Private Banking Relationship Manager II: $113,764 - $170,646
Private Banking Relationship Manager III: $138,567 - $207,851
Private Banking Relationship Manager IV: $160,738 - $241,107

The compensation range represents the low and high end of the base compensation range for this position located in Seattle, Washington. Actual compensation will vary and may be above or below the range based on various factors including but not limited to location, experience, and performance. This position is also eligible to participate in an applicable annual bonus and incentive compensation plan.

Our benefit philosophy is to provide you with a comprehensive package to secure your overall wellness and help you become and remain a fulfilled and productive employee. Our benefits include Health, Financial, Retirement and Work/Life Benefits. We are proud to share an overview of our benefits HERE as part of your total compensation.

About Washington Trust Bancorp, Inc

Washington Trust Bank is an American diversified financial services holding company headquartered in Spokane, Washington. It is the oldest and largest privately held commercial bank in the Pacific Northwest, and has more than 40 financial centers and offices in Washington, Idaho and Oregon with over 1,000 employees. As of December 2014, the bank had assets in excess of $4.77 billion. Washington Trust opened in 1902 as The Washington Trust Company. Current CEO Peter F. Stanton is the fourth generation of the Stanton family to lead the bank. The bank operates offices throughout Washington, Oregon and Idaho. The first branches in Idaho opened in 1989, while the first branch in Portland opened in 2004. Washington Trust also expanded to the Puget Sound area, opening offices in Seattle in 2000 and in Bellevue in 2004. Services offered by the bank include personal and commercial banking, home loans, private banking, wealth management and advisory services, trust services and investment services. Washington Trust has ranked first in deposits in Spokane County since 2009.
Learn more about Washington Trust Bancorp, Inc
Size
623 employees
Market Cap
$816.9 million
Industry
Net Income
$69.8 million
5 Year Trend
+3.4%
NASDAQ

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