Private Banking Manager jobs in Illinois
Private Banking Manager manages a team of private banking officers who are responsible for individuals with high net-worth. Oversees and monitors the private banking officers' deposit and loan volume and ensures policies and procedures are met. Being a Private Banking Manager ensures that existing client relationships are sustained and nurtured. Acts as an advisor for complex credit decisions. Additionally, Private Banking Manager mentors and trains team. Requires a bachelor's degree. Typically reports to a director. The Private Banking Manager typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. To be a Private Banking Manager typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. (Copyright 2024 Salary.com)
Recently Added Private Banking Manager jobs
Relationship Manager, Private Wealth
- CIBC Private Wealth Advisors, Inc.
-
Madison, IL
FULL_TIME
- We’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s right for our clients. At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute. To learn more about CIBC, please visit CIBC.com The Relationship Manager position is accountable to grow direct revenue for the organization; to retain client relationships through high touch service; and to grow the business within a targeted high net worth client group in accordance with the investment objectives of the individual clients, and the investment policies and strategies of the organization. The incumbent is responsible to build the client base through networking, community involvement and strong relationship management. Responsibilities: Manage client relationships and the portfolio to maximize client retention and grow the business in accordance with the investment objectives of the individual clients, and the investment policies and strategies of the organization. Build and enhance the portfolio by acquiring new clients who have sophisticated financial needs, are people of influence or who require complex financial solutions through appropriate business development activities. This includes working in collaboration with the Business Development Officer and establishing a high and positive profile within the market. Ensure profitability of the business by supporting revenue achievement, controlling expenses, reviewing profit performance and taking corrective action as necessary. Demonstrate behaviors that delivers an exceptional service culture, supports partnering behavior, and capitalizes on individuals’ expertise and knowledge of investment and wealth advisory services to provide “best in class” service and overall relationship management to high net worth clients. Support business development efforts and client servicing by actively participating in client events. Establish and maintain effective partnerships and teamwork to ensure a level of service delivery that is professional, seamless and timely. Ensure appropriate operational and compliance risk controls are implemented and managed in accordance with requirements. Qualifications: Bachelor’s degree and/or MBA, CFA, CPA, CFP, JD 10 years experience in portfolio management, personal tax, wealth management, financial planning Comprehensive knowledge of investment and wealth advisory products and services Well developed investment knowledge and expertise with strong understanding of markets sufficient to respond to detailed and complex inquiries from sophisticated and knowledgeable high-net worth clients Strong financial analysis skills sufficient to provide expert advice on complex, unique and high value relationships Well developed relationship management skills to make persuasive recommendations to and serve the needs of sophisticated clients Superior communicator with credibility and confidence to present in small or large group settings Excellent writing skills sufficient to prepare professional proposals and presentations Advanced negotiating and influencing skills required to identify opportunities to develop new business from external contacts and existing clients Developed sense of judgement, professionalism and service orientation Sound operations, regulatory and risk management knowledge California residents — your privacy rights regarding your actual or prospective employment What CIBC Offers At CIBC, your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential. We aspire to give you a career, rather than just a paycheck. We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a benefits program*, a vacation offering, wellbeing support, and MomentMakers, our social, points-based recognition program. Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients. We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development. *Subject to plan and program terms and conditions What you need to know CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation, please contact Mailbox.careers-carrieres@cibc.com You need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit. Job Location IL - 181 W Madison Employment Type Regular Weekly Hours 40 Skills Analytical Thinking, Business Development, Financial Advising, Investment Planning, Investment Policy, Portfolio Management, Relationship Management, Results-Oriented, Wealth Management At CIBC, we are in business to help our clients, employees and shareholders achieve what is important to them. Our ability to create value for all CIBC stakeholders is driven by a business culture based on common values: Trust, Teamwork and Accountability. Working with CIBC makes you a part of a work environment committed to our clients, employees and communities - a place where you can excel. Every day, our 44,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.
- 6 Days Ago
Account Specialist, Private Banking
- CIBC
-
Chicago, IL
FULL_TIME
- We’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s right for our clients. At CIBC, we embrace your strengths...
- 27 Days Ago
FP&A Manager
- HIRESIGMA PRIVATE LIMITED
-
Bloomington, IL
FULL_TIME
- Required Skills: Strong financial and analytical skills. Deep curiosity and desire to leverage datasets to identify new strategic insights and tell compelling stories. Proven leadership in a fast pace...
- 24 Days Ago
Marketing & Community Outreach Manager
- Private Home Care
-
Niles, IL
FULL_TIME
- Location: Niles, ILType: Full-time (Monday - Friday)About Us: Private Home Care is a growing home care company serving clients in the Chicago, St. Louis, Kansas City, and Southern Illinois markets.We ...
- 7 Days Ago
Marketing & Community Outreach Manager
- Private Home Care
-
Niles, IL
FULL_TIME
- Location: Niles, ILType: Full-time (Monday - Friday)About Us: Private Home Care is a growing home care company serving clients in the Chicago, St. Louis, Kansas City, and Southern Illinois markets.We ...
- 7 Days Ago
Staffing Manager / Quality Care Supervisor
- Private Home Care
-
Niles, IL
FULL_TIME
- Location: Niles, ILType: Full-time (Monday - Friday)About Us: Private Home Care ("PHC") is a growing home care company serving clients in the Chicago, St. Louis, Kansas City, and Southern Illinois mar...
- 1 Month Ago
Private Banking Manager jobs at Popular Companies
RN Registered Nurse - MICU
- Ascension
-
Grand Blanc, MI
- Details Sign On Bonus: $9,000 Department: MICU Schedule: Part Time Nights 7pm-7:30am, M - F & Every Other Weekend Hospit...
- 4/17/2024 12:00:00 AM
RN Registered Nurse - Medical ICU
- Ascension
-
Grand Blanc, MI
- Details Sign-on bonus: $20,000 Department: Medicial Intensive Care Unit Schedule: Full Time Night Shift 7p-7:30a, Monday...
- 4/17/2024 12:00:00 AM
RN Registered Nurse - Medical Intensive Care Unit
- Ascension
-
Grand Blanc, MI
- Details Sign-on bonus: $20,000 Department: Medical ICU Schedule: Full Time Night Shift 7p-7:30a, Monday – Friday & Every...
- 4/17/2024 12:00:00 AM
Credit Analyst
- Dwight Funding
-
New York, NY
- Dwight Funding is a leading working capital partner built for early and growth stage businesses in eCommerce, Food & Bev...
- 4/17/2024 12:00:00 AM
Biotech / Biopharma Equity Analyst
- Artia Global Partners LP
-
Miami, FL
- Artia Global Partners Overview Artia Global Partners LP is a multidisciplinary, healthcare focused investment firm. Arti...
- 4/17/2024 12:00:00 AM
Sales Account Manager
- First National Capital Corporation
-
Irvine, CA
- Discover an extraordinary sales career opening at our Irvine, CA headquarters and at our Regional Office in Anaheim Hill...
- 4/17/2024 12:00:00 AM
Treasury Associate
- Atlantic Group
-
New York, NY
- $80B AUM private PE fund - highly diversified portfolio, 14 offices globally, extremely high quality people and culture ...
- 4/17/2024 12:00:00 AM
Vice President Investment Banking
- McKenzie & Associates
-
New York, NY
- Company Description McKenzie & Associates, L.L.C. is a boutique corporate financial advisory firm that provides services...
- 4/17/2024 12:00:00 AM
About Illinois
Illinois (/ˌɪlɪˈnɔɪ/ (listen) IL-ih-NOY) is a state in the Midwestern and Great Lakes region of the United States. It has the fifth largest gross domestic product (GDP),
the sixth largest population, and the 25th largest land area of all U.S. states. Illinois is often noted as a microcosm of the entire United States. With Chicago in northeastern Illinois, small industrial cities and immense agricultural productivity in the north and center of the state, and natural resources such as coal, timber, and petroleum in the south, Illinois has a diverse economic base, and is a major transportation hu...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Private Banking Manager jobs
$183,010 to $260,597
Most Popular Cities in Illinois for Private Banking Manager Jobs
What does a Private Banking Manager do?
Private Banking Manager in Columbus, OH
That the largest financial institutions in the country, ones that gave birth to the concept of private banking, have distanced themselves from the term may appear to be a subtle shift, but it is symbolic of a much larger one happening across the private banking industry as institutions enter a new era.
January 12, 2020
Private Banking Manager in Anchorage, AK
Private banks and wealth management firms usually require a minimum balance.
December 02, 2019
Private Banking Manager in Troy, NY
Talk with us today to see how The Private Bank can help you.
December 18, 2019