Private Banking Assistant

About the role

The Private Banking Assistant supports Private Bankers and Specialists in serving high net worth clients. The role coordinates loan and deposit documentation, manages portfolio maintenance and ensures compliance with regulatory and internal standards. It is based in Minneapolis.

Key responsibilities

• Coordinate new loan requests and renewals, including application submission, documentation review and loan booking.
• Monitor loan portfolios by tracking renewals, reviewing financial statements and supporting asset quality management.
• Process deposit and loan transactions, including account openings, wire transfers and stop payments.
• Partner with credit, legal and customer care teams to resolve complex transactions and client issues.
• Support Private Bankers with scheduling, reporting, client outreach and presentation materials.
• Ensure all documentation and account activity meet compliance, risk management and regulatory standards, including Bank Secrecy Act/Anti-Money Laundering and S.A.F.E. Act requirements.

Required profile

• Associate's degree in Business, Finance, Accounting or a related field, or equivalent experience.
• 2+ years of banking, financial services or administrative experience.
• Preferred: experience supporting high net worth clients and familiarity with loan and deposit documentation.

What we offer

• Pay range of $21.17 - $36.29 per hour, with possible incentive, commission or bonus opportunities.
• 401(k) and pension retirement plans.
• Paid time off to volunteer, Colleague Resource Groups and competitive salaries.
• Bonus benefits including well-being programs, parental leave, employee stock purchase plan and military benefits.
• Professional development and advancement opportunities.