Private Banking Officer at Ohio Farmers Insurance Company in Brecksville, Ohio

Job Description:

Minimum Salary 105,050.00 Midpoint Salary 120,807.00 Maximum Salary 136,564.00

Location: Brecksville

From its humble beginnings since its founding in 2001, Westfield Bank has become one of the leading financial institutions in Northeast Ohio. Recognized by North Coast 99 and the Plain Dealer as a Top Workplace with a Five-Star Superior rating from BauerFinancial, the bank provides comprehensive personal, business, and agency banking products and services. Supported by Westfield Insurance, one of the nation's 50 largest property and casualty insurance groups, Westfield Bank has grown to manage almost $2 billion in assets. The group's motto is "Sharing Knowledge. Building Trust." - a message and commitment lived out each day by employees across the country.

The center of the bank's business model revolves not around profits or numbers, but through personal relationships and close contact with its customers. All Westfield companies stress the importance of hiring quality employees, as well as developing them and empowering each employee to be the best they can be, both in their work and in their life. As an employee of Westfield Bank, you will have the opportunity to not only create peace of mind for our customers, but to grow your career in one of the best workplaces in Northeast Ohio.

Westfield offers a Total Rewards program that focuses on compensation, benefits, and wellness and includes perks like 401(k), pension plan, annual incentive, education reimbursement, onsite fitness center and casual dress. Work-life balance, recognition, and learning and career development are all part of a rewarding career with Westfield Bank. To learn more about Westfield Bank and the opportunities available, please visit us at westfield-bank.com.

Private Banking Officer Job Summary

The Private Banking Officer is responsible for representing Westfield Bank to internal/external customers and prospects for the purpose of developing both consumer loan and deposit services. This role serves as the primary client advisor to optimize client relationships, provide pertinent financial advice and meet client needs by positioning and selling an array of financial products and services. Develops and maintains private banking criteria in a manner that results in profitable customer relationships.

Essential Functions (primary functions and/or reasons the job exists in order of importance)

1.Represents Westfield Bank to potential internal/external customers and prospects for the purpose of developing both consumer loan and deposit services. Lending authority is typically up to $250,000.

2.Develops new personal clients (typically focused on high net worth individuals) for the bank by prospecting for eligible private banking clients and selling them on Westfield Bank's value proposition.

3.Develops strategic relationships with all Westfield lines of business in order to effectively refer business and leverage partnerships to deepen and enrich the client experience (e.g. Mortgage, Retail, Commercial, Agency).

4.Networks within the business/civic communities to create new sales and business development opportunities for the full range of Westfield Bank services.

5.Creates and develops flexible private banking solutions and products for prospects and customers.

6.Uses prior banking/business experience and understanding of cash flow to analyze and recommend loan requests and set loan pricing options.

7.Understands, respects, and complies with all laws, rules and regulations which govern Banking institutions.

8.Presents financial solutions that result in a profitable banking relationship that complies with all bank policies and standards.

9.Makes calls on consumer, business and prospective clients independently.

10.May accompany market leaders, commercial and mortgage lenders on client visits.

11.May resolve difficult client situations involving the negotiation of pricing and collection of delinquent loans, etc.

12.Continually looks for opportunities to proactively upgrade and improve Bank administrative processes, technology, automation and controls.

13.Maintains awareness, understanding and compliance with the Bank's internal policies and procedures, laws and regulations appropriate for this position.

14.Provides assistance in response to regulatory and internal/external audit requests.

15.Travels as needed in order to perform other essential functions.

Desired Qualifications/Experience/Certification/Education (in order of importance)

1.7+ years of relevant private banking or related field within financial services working with High Net individuals and families.

2.Oral, written, and interpersonal communication skills resulting in the ability to interact with customers, employees, and all levels of management.

3.Valid driver's license and a driving record that conforms to company standards.

4.Must display a high level of initiative via an entrepreneurial spirit.

5.Ability to build customer relationships.

6.Ability to be detail oriented and ability to multi-task.

7.Strong financial/banking acumen, analytical thinking, and problem-solving skills.

8.Knowledge of Microsoft Windows and Office (Excel, Word) or other transferable software packages.

9.As defined by the S.A.F.E. Act, must register as a Mortgage Loan Originator with the Nationwide Mortgage Licensing System (NMLS) and maintain the unique identifying registration number.

10.Bachelor's degree or demonstrated commensurate experience.

Physical Requirements (specific to the role)

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

*Ability to work effectively in an office environment for 40+ hours per week (including sitting, standing and working on a computer for extended periods of time).

*Ability to communicate effectively in a collaborative work environment utilizing various technologies such as: telephone, computer, web, voice, teleconferencing, e-mail, etc.

*Ability to travel as required.

*Ability to operate an automobile within the parameters of the driving policy.

*Ability to work evenings and weekends as needed.

This job description describes the general nature and level of work performed in this role. It is not intended to be an exhaustive list of all duties, skills, responsibilities, knowledge, etc. These may be subject to change and additional functions may be assigned as needed by management.

We are an equal opportunity employer/minority/female/disability/protected veteran.

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