Job DescriptionWe're seeking a future team member for the role of Vice President, Private Banking - Business Banker to join our Wealth Management Private Banking team. This role is located in New York City.
In this role, you'll make an impact in the following ways:
- Develop and execute business development strategies by leveraging market insights and client feedback to expand BNY's private banking client base.
- Cultivate and maintain strong client relationships by demonstrating expertise in private banking and delivering personalized financial solutions.
- Liaise with internal teams to support seamless product delivery and sales execution.
- Partner with cross-functional stakeholders to ensure services align with client needs and BNY's strategic objectives.
- Identify opportunities for process improvement and innovation within private banking to enhance client experience and operational efficiency.
- Develop and maintain reporting systems to track product performance and sales activity, enabling data-driven decision-making.
To be successful in this role, we're seeking the following:
- Bachelor's degree in Finance, Business Administration, or a related field preferred.
- Typically 5-8 years of experience in private banking or related financial services.
- Strong business development and relationship management skills.
- Excellent communication and interpersonal skills, with the ability to engage with high-net-worth clients.
- In-depth knowledge of financial products, services, and regulatory requirements within the private banking sector.
Our Benefits and Rewards:
BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life's journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.
BNY assesses market data to ensure a competitive compensation package for our employees. The expected base salary for this position when employment commences can be found in the Job Info section at the bottom of the posting.
Base salary offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. Base salary is only part of the total rewards package, which may include eligibility for an annual discretionary incentive award. Subject to the terms and conditions of the applicable plans then in effect, eligible employees may enroll in a 401(k) plan as well as participate in Company-sponsored medical, dental, vision, and basic life insurance plans for the employee and the employee's eligible dependents. Eligible employees also may receive other benefits (including various paid time off benefits, such as vacation and sick time), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.
If hired, the employee will be in an "at will" position and the Company reserves the right to modify base salary (as well as any other discretionary payments or compensation programs) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.
