Division: Beacon Bank & Trust

Department: Private Banking

Reports to: SVP, Private Banking

Status: Exempt/Officer

Grade: 12

Salary Range: $102,570 - $147,544

Salary range updated 2/26/2026. Actual compensation within the pay range will be determined based on factors including, but not limited to, skills, prior relevant experience, and specific work location.

Location: Pittsfield, MA

Purpose/Objective:

Experienced and client-focused, works in conjunction with the SVP, Private Banking to manage and grow relationships with high-net-worth (HNW) and ultra-high-net-worth (UHNW) clients in the market(s) served. Works personally and is responsible for delivering customized banking, lending and wealth management solutions while upholding the bank’s community-focused values and commitment to personalized service. This is a hybrid role, requiring a combination of in-office presence, client site visits, and remote work. Regular in-person client meetings. Travel requirement primarily within the local market and surrounding regions, with occasional travel for industry events and internal meetings. Collaboration with commercial, wealth, and branch teams are essential to reinforce crossline referrals are essential.

Key Accountabilities:

Develops and retains private banking business; meets with high income/high net worth prospects and customers to offer a complete array of company products and services in coordination with various other departments according to established company procedures and applicable legal and regulatory guidelines. Establishes and maintains market presence and a large network of outside referral sources for new business.
Develops new business through commercial lending, senior management, board of directors and current client referrals as well as centers of influence, including accountants and attorneys. Maintains network of referral sources and proactively asks for prospect leads; trains internal referral sources on private banking and relays current information on the Bank’s products and services. Participates in retail, commercial and other related business line meetings to coordinate efforts. Develops and implements marketing strategies to increase customer sales and retention, including contributing to development of private banking products, branding and advertising in coordination with the marketing department and others.
Gathers prospect and customer financial information. Answers inquiries and follows up on information requests and partners with staff from retail, commercial, consumer, insurance, and other departments as appropriate. Makes presentations to groups as needed, such as physician groups, business organizations and others. Coordinates with related departments to review customer and prospect situations and determines appropriate products and services to offer. Coordinates commercial, consumer and other loan requests through established processes. Evaluates clients’ financial situations and recommends and negotiates for policy exceptions on behalf of clients, if applicable.
Serves as a primary point of contact and provides a high level of ongoing personalized, convenient, confidential customer service; coordinates account openings, loan documentation processing and ongoing account transactions to ensure quality service and to minimize any work for customers. Takes customer service calls personally from clients, researches problems and resolves issues, such as ordering checks, processing wire transfers and correcting bank errors; makes policy exceptions within authorized authority or with management or other approval as necessary.
Performs a variety of portfolio management and compliance functions. Monitors client portfolios for adherence to company policies and procedures, including loan agreements and terms. Provides input to maintain current risk ratings on customers. Takes appropriate action as necessary to correct deficiencies. Administers customer identification and other compliance programs and coordinates with Compliance, Risk, Audit, and other departments related to high interest rate, line of credit and other products and service offered to clients. Adheres to FDIC guidelines regarding retail and other transactions. Ensures accuracy and maintenance of customer records and files and updates information as needed; provides information to auditors, examiners and others as requested. Prepares management reports summarizing client activity, volume, and profitability.
Represents private banking at company functions, business groups and civic organizations to maintain wide referral network and enhance sales performance. Joins and participates in outside associations and organizations likely to generate prospect leads.
Participates in special projects and performs additional duties as required.
Contributes to a positive, ethical, and respectful working environment and communicates openly with others. Models company culture both internally and externally.
Must be eligible to be registered in the Nationwide Mortgage Licensing System & Registry for purposes of SAFE Act, if applicable.
Ensures compliance with all banking laws, rules, regulations, and prescribed policies/practices/procedures necessary to reduce risk and uphold ethical standards related to and required by one’s duties.

Education:

Bachelor’s degree or combination of equivalent education and work experience

Experience:

3-5 years of experience in private banking, wealth management, or relationship management
Knowledge of investment products, credit structuring, and financial planning strategies
Demonstrated success developing High Net worth/Ultra High Net worth client relationships
Established network within Berkshire/Vermont markets

Skills & Knowledge:

Strong understanding of business development techniques, products, services, and overall industry
Proven business development track record; strong market presence with wide network of outside referral sources for new business
High level of personalized customer service skills, including ability to work with wide variety of clients and provide and exceptional level of service
Credit and financial analysis skills
Excellent negotiating and influencing skills
Organized self-starter with ability to work independently with little direct guidance
Excellent communication skills - verbal, written and presentation; ability to present to large, sophisticated audiences
Proficient with Microsoft Office Suite

The above statements are intended to describe the general nature and level of work being performed by people assigned to this position. They are not intended to be an exhaustive list of all responsibilities, duties and skills required of personnel so classified. This job description is subject to change at any time.

Beacon Bank is an Equal Opportunity Employer - all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, or national origin. If you would like to contact us regarding the accessibility of our website, need assistance completing the application process, or would like to request alternative methods of applying, please contact us at hr@berkshirebank.com.

Berkshire Bank

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