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Peapack Private Bank & Trust
Commercial Private Banker III
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Based on New Jersey data
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What they do
A Business Banker is responsible for new business development and customer retention at a bank. Analyzes a client's financial condition and recommends financial solutions. Deals only with companies and not with individuals.
$155,349 / year median in New Jersey
-5% projected decline
Job Description
Company Overview:
Peapack Private Bank & Trust is a well-recognized, high-performing boutique bank and a leader in wealth, lending, and deposit solutions. We provide a broad range of sought-after products and services designed to help our clients establish, maintain, and grow their legacy through an innovative approach to private banking. What makes Peapack Private different from our competition? As an institution with over 100 years of history, we have always believed in putting the well-being and needs of our employees and clients first. We are proud to be recognized by American Banker for the eighth consecutive year as one of the nation's "Best Banks to Work For." Our secret sauce, in a word, is our culture . We value a diverse, equitable, inclusive, and safe workplace. Our one-team culture goes to great lengths to show all employees that they are valued members of the organization. We treat one another like family and communicate across the Bank in a transparent and frequent manner, respect and consider feedback from all levels, and operate with a philosophy grounded in hospitality and genuine human kindness. There are multiple ways to build relationships and get involved; from joining one of our Cultural Ambassador sub-committees (focused on Wellness, Employee Fun, Diversity & Inclusion, or Environmental Awareness), to participating in community service activities through our Volunteerism outreach, to joining LIFT (Leading Inspiring Females Together), a committee focused on enriching the lives of women. Simply put, our culture is amazing.Position Overview:
The Commercial Private Banker III - Commercial & Industrial (C&I) develops, manages, and expands a portfolio of commercial client relationships while delivering a high-touch, relationship-based private banking experience. This role focuses on privately held and closely held middle-market and upper-middle-market businesses and requires an experienced commercial banking professional with strong relationship management, business development, and credit expertise. The Commercial Private Banker III - Commercial & Industrial (C&I) serves as a trusted advisor to business owners and senior executives and works collaboratively with internal partners to deliver customized lending, deposit, Treasury Management, Wealth Management, Trust, and other banking solutions aligned with Peapack Private Bank & Trust's relationship-driven culture.Key Responsibilities:
- Develop, manage, and grow a portfolio of Commercial & Industrial (C&I) relationships with privately held and closely held middle-market and upper-middle-market businesses
- Originate new business through proactive calling efforts, networking, referrals, and centers of influence
- Serve as the primary point of contact for assigned clients, delivering a proactive, responsive, and consultative client experience
- Structure, underwrite, and manage complex C&I credit relationships, including lines of credit, term loans.