Experienced financial sales professional with a demonstrated history of success across multiple firms, products, and territories. As the National Director of Private Banking at BNY Pershing, I lead a team of professionals who provide customized financial solutions to high-net-worth clients across the country. With over 25 years of experience in the banking industry, I have developed a deep expertise in credit, wealth management, and middle market banking, as well as obtained formal credit training and Series 7, 63 and 24 licenses. I have successfully grown the private banking business by partnering with other lines of business, enhancing client relationships and delivering exceptional service and value. Prior to joining BNY Mellon | Pershing, I was a Senior Vice President at Wells Fargo and a Senior Credit Officer at Royal Bank of Canada, where I managed large and complex portfolios, originated and structured loans and mitigated risks. My core competencies include strategic planning, business development, team leadership, client satisfaction and financial analysis.
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National Director, Private BankingBny Pershing Oct 2014 - PresentJersey City, New Jersey● Ensure that national Broker Dealer (BD) and Registered Investment Advisor (RIA) clients receive comprehensive support for their private banking needs, encompassing lending and banking services.● Guarantee full team compliance with necessary training and reporting to adhere to both internal and external regulatory standards. -
Senior Vice PresidentWells Fargo Oct 2012 - Oct 2014Princeton, New Jersey● Managed a portfolio of 19 commercial clients with an estimated annual contribution of over $4.4 million in the Central to Southern New Jersey marketplace.● Achieved 12/31 year-end revenue goal of $550 thousand by 8/31/14 at $682 thousand. -
Senior Credit OfficerRoyal Bank Of Canada Apr 2007 - Sep 2012New York, Ny● Managed a securities-based loan portfolio for High Net Worth (HNW) clients, comprising individuals and their businesses, with a market focus in the Midwest region of the U.S., Latin America, and the Caribbean.● Reviewed and approved credit requests within delegated lending limits, and made recommendations for requests exceeding these limits.● Utilized credit skills to manage a loan portfolio of $597 million in net commitments (17% increase over prior year after over $88 million in new approvals) and $326 million in loan drawdowns (10% increase), generating revenues of $3.6 million (29% increase) for FYE 10/31/12.● Supervised Credit Analysts and their various duties within the overall workflow of the region. -
Commercial LenderTd Bank Group Dec 2002 - Mar 2007Tinton Falls, New Jersey● Assisted clients with a variety of lending requests including but not limited to asset based lines of credit, commercial mortgages, construction loans, term loans, leases, SBA loans, etc.● Covered the Monmouth and Ocean County marketplaces. -
Relationship ManagerJpmorgan Dec 1996 - Nov 2002New York, Ny● Oversaw a portfolio of 20 commercial clients, contributing an estimated $2 million annually.● Achieved top performer status in new business development within the New York City region, generating over $200,000 in new business contributions in 2002.
Mike Teter Education Details
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English & Human Development -
Jp Morgan Chase & Co. Credit TrainingFormal Credit Training
Frequently Asked Questions about Mike Teter
What company does Mike Teter work for?
Mike Teter works for Bny Pershing
What is Mike Teter's role at the current company?
Mike Teter's current role is National Director @ BNY Pershing Private Bank.
What schools did Mike Teter attend?
Mike Teter attended Boston College, Pace University - Lubin School Of Business, Jp Morgan Chase & Co. Credit Training.
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