Director of Private Banking – Major Metro Markets
Associated Bank
full-time
Posted on:
Location Type: Hybrid
Location: Minneapolis • Illinois • Minnesota • United States
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Salary
💰 $170,380 - $292,080 per year
Job Level
About the role
- Lead the development and execution of the Private Banking business plan to drive asset growth, deepen client relationships, and expand market presence.
- Drive new business through personal relationship development, Centers of Influence, and cross‑bank partnerships, fostering a strong client‑focused sales culture.
- Oversee risk management activities, ensuring all client relationships and operations comply with credit policy, regulatory requirements, and internal controls.
- Direct sales strategy, partnering with business line leaders and supporting Relationship Managers in client acquisition, retention, and complex financial solutions.
- Guide product development to ensure competitive offerings and ensure teams are trained to deliver tailored solutions to high‑net‑worth clients.
- Lead strategic planning, budgeting, forecasting, and incentive compensation design for the Private Banking business.
- Represent the bank in community and industry activities to strengthen brand visibility and build referral networks.
Requirements
- Bachelor’s degree in Business, Finance, or Accounting (or equivalent experience).
- 7+ years in banking, commercial lending, financial planning, or investments with a proven track record of asset growth.
- 7+ years working with high‑net‑worth clients and deep knowledge of banking products and business development.
- Ability to meet S.A.F.E. Act registration requirements.
- Reliable transportation and ability to drive as needed.
- CFP or CTFA certification preferred.
- Experience leading a high‑performing Private Banking or Wealth Management team.
Benefits
- Retirement savings including both 401(k) and Pension plans.
- Paid time off to volunteer in your community.
- Opportunities to connect with others through our diversity-focused Colleague Resource Groups.
- Competitive salaries with professional development and advancement opportunities.
- Bonus benefits including well-being programs and incentives, parental leave, an employee stock purchase plan, military benefits and much more.
- Personal banking, loan, investment and insurance benefits.
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
financial planningcommercial lendingbanking productsbusiness developmentrisk managementstrategic planningbudgetingforecastingclient acquisitionasset growth
Soft Skills
client relationship developmentsales cultureteam leadershipcommunicationstrategic thinkingclient-focusedcollaborationnetworkingproblem-solvinginfluence
Certifications
Bachelor’s degreeCFPCTFA