Banker Associate Job Description
Banker Associate Duties & Responsibilities
To write an effective banker associate job description, begin by listing detailed duties, responsibilities and expectations. We have included banker associate job description templates that you can modify and use.
Sample responsibilities for this position include:
Banker Associate Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Banker Associate
List any licenses or certifications required by the position: NSFI, AMFI, CSC
Education for Banker Associate
Typically a job would require a certain level of education.
Employers hiring for the banker associate 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 Banker Associate
Desired skills for banker associate include:
Desired experience for banker associate includes:
Banker Associate Examples
Banker Associate Job Description
- Support and adhere to timeline of team projects/initiatives, including coordination of projects/initiatives
- Ensure compliance with Bank’s policies/procedures and regulatory requirements, in particular with regard to the KYC responsibilities and duties, as per relevant policies and procedures, and the summary of responsibilities list attached hereto
- Develop loan management skills by handling a consumer loan portfolio
- Assist Branch Managers and other lenders in duties in which valuable experience may be obtained
- 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) Investment 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 where authorised
- Liaise with Private Banker and CST / 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
- Credit Reviews & effective credit management
- Develop a solid ongoing relationship with each client with whom they have regular contact and in all dealings with clients, both pre-and post-sale, ensuring compliance with the principles of Treating Customers Fairly
- Support the Private Banker in revenue generation from existing and potential clients, at all times be mindful of and adhere to the principles of Treating Customers Fairly
- Of commercial credit principles
- The incumbent must be able to relate comfortably with affluent and influential clientele in both a business and
- Self study is required to obtain all required licenses
- Licenses must be obtained in the following order within a 6 month period
- Strong focus on compliance, attention to detail & flawless execution
- Excellent communication skills and client support background
Banker Associate Job Description
- Demonstrate the ability to learn and adapt to new processes and technology platforms quickly
- Act as subject matter expert for FA and Branch inbound inquires or facilitate
- Partner with the Private Banker (PB) to monitor and action overdrawn and excess accounts (daily/weekly reports), including engaging clients, liaising with credit, coordinating PB sign-off and actioning recommendations
- Review expired term deposit reports and work with the PB or Relationship Director (RD) to agree strategy and follow up with clients as required
- Maintain all product files in accordance with the Bank's compliance requirements
- Successfully completes specialized and developmental training courses for Lines of Businesses that targets companies with middle market revenues
- Participates in class and web-based training courses focused on analyzing company's financial, operational, management and industry risks and ability to service debt
- Successfully completes specialized training covering sales and business development skills
- Successfully completes specialized training covering leadership, professional development, public speaking, and other business topics
- Successfully completes a variety of developmental assignments and special projects
- Risk assessment & analysis skills
- Superior communication, problem solving and negotiation skills
- Degree in relevant studies essential
- RG146 Tier 2 Accreditation desirable
- 1 to 2 years of high net worth client experience in a support role capacity
- Working business development skills
Banker Associate Job Description
- Serve as an internal resource to local Private Banking team as it relates to client lending, credit and deposit requests, reports and servicing
- Respond to client inquiries and as appropriate, route requests to the proper department while keeping client and local Private Banking team up to date or assisting in additional requested items to complete task
- Support business development efforts including active participation in pre-screen & relationship strategy meetings
- May assist with financial planning analysis such as spreadsheet preparation
- Serve as resource for the local team in preparation for credit portfolio review meetings, pre-screen or internal audit
- Seek to actively keep informed of changes to policy and procedure that will impact deposit and credit portfolio
- Monitor deals through the underwriting and closing process
- Ability to demonstrate business development skills and the aptitude to prospect for new business
- Good presentation skills and the ability to market Kleinwort Hambros proposition
- Ability to write, or learn to write business plans
- Technical knowledge across a range of complex products and client portfolios
- Understands global financial markets
- Understands currencies, knows about varying political situations and environmental information
Banker Associate Job Description
- Excellent interpersonal communication skills, strong attention to detail and time management
- Active listening skills to ensure the best way forward is identified for each customer
- Helping customers with their day-to-day financial needs
- Recommend the right product that fit customer’s need
- Connecting customers to Subject Matter Experts in Wealth Management, Mortgage and Commercial teams for their specialized financial needs
- Introducing the bank’s latest technology products to meet our customers’ expanding needs
- Helping customers learn how to complete their banking needs whenever, wherever and however they want with self-service options, including the Chase mobile app, Chase.com, and ATMs with expert knowledge in our self-service and digital platform
- Proactively collaborating with others to help customers
- Helping build relationships with customers by connecting them with team members who can help them address their financial needs
- Ensuring financial transactions are completed accurately and efficiently, while complying with all policies, procedures and regulatory and banking requirements
- Supporting customer with traditional banking needs and complex service transactions putting the customer’s needs at the center of everything
- Providing proactive customer outreach to gauge success and offer new tools to help customers meet their consumer banking and investment goals
Banker Associate Job Description
- Adheres to all policies and procedures, guidelines, legal and ethical requirements and regulations including individual accountability as it relates to potential conflicts of interest, safeguarding of customer information, trading in securities, anti-money laundering, privacy, and disclosure of outside business activities
- Maintains up-to-date knowledge and understanding of all banking products, processes, and relevant legal, regulatory and technology requirements
- Ensures lending and non-lending decisions, prospecting activities are adequately documented
- Manages risk and minimizes losses through monitoring and control reports, ensuring verifications are completed in accordance with guidelines
- Documents and follows-up on any discrepancies to procedures, operational risks and escalates per guidelines
- Performs sales and service support activities to meet client needs and maintain overall service levels
- Breaks down strategic problems, and analyses data and information to provide insights and recommendations
- Monitors and tracks performance and addresses any issues
- Ensures high quality of information obtained to support decisions
- Negotiates appropriate pricing using discretion where required to build a profitable portfolio
- Provides integrated and customized advice, and helps clients achieve their financial and personal goals using a consultative approach in customer conversations
- Applies financial planning skills and concepts against each client’s personal and financial situation