Private Banker

Company Description

Extraco Banks is the largest independent financial institution headquartered in central Texas, serving over 140,000 customers with more than $2.3 billion in assets and $165 million in capital and reserves. The organization has grown from its origins as a cotton warehousing company into a comprehensive provider of banking and financial services. Extraco operates 15 financial centers across communities including Bryan, Georgetown, Killeen, Harker Heights, Copperas Cove, Waco, Temple, Belton, Gatesville, and Hamilton. The bank focuses on building long-term relationships with customers and delivering innovative financial solutions that support personal and business growth.

Role Description

The Private Banker is a full-time, on-site role based in Frisco, TX. This role is responsible for managing and growing a portfolio of high-net-worth and affluent clients by providing tailored banking, and credit solutions. Daily activities include meeting with clients to understand their financial goals, developing coordinating asset allocation strategies in collaboration with internal specialists. The Private Banker will open and manage accounts, oversee lending and deposit relationships, and proactively identify new business opportunities. The role also involves ensuring compliance with regulatory requirements, maintaining accurate client documentation, and delivering a high level of personalized service to strengthen client retention and referrals.

Qualifications

• Strong foundation in Finance and Private Banking, with the ability to manage complex client relationships and banking needs.


• Experience in Financial Planning and Asset Allocation to design and implement personalized strategies aligned with client goals and risk profiles.


• Excellent communication, relationship management, and interpersonal skills, with a focus on service quality and client confidentiality.


• Analytical and problem-solving abilities, including comfort with financial analysis, risk assessment, and regulatory requirements.


• Bachelor’s degree in Finance, Business, Economics, or a related field; professional certifications (e.g., CFP, CFA, or similar) are a plus.


• Prior experience in private banking, wealth management, or high-net-worth client services in a bank or financial institution is a plus.


• Proficiency with banking systems, CRM tools, and standard office software; strong organizational skills and attention to detail.