Private Banking Manager jobs in New York

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)

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Private Banking Relationship Manager IV - Latin America
  • BROWN BROTHERS HARRIMAN
  • New York, NY FULL_TIME
  • At BBH we value diverse backgrounds, so if your experience looks a little different from what we've outlined and you think you can bring value to the role, we will still welcome your application!

    What You Can Expect At BBH:

    If you join BBH you will find a collaborative environment that enables you to step outside your role to add value wherever you can. You will have direct access to clients, information and experts across all business areas around the world. BBH will provide you with opportunities to grow your expertise, take on new challenges, and reinvent yourself-without leaving the firm. We encourage a culture of inclusion that values each employee's unique perspective. We provide a high-quality benefits program emphasizing good health, financial security, and peace of mind. Ultimately we want you to have rewarding work with the flexibility to enjoy personal and family experiences at every career stage. Our BBH Cares program offers volunteer opportunities to give back to your community and help transform the lives of others.

    Join us as a Relationship Manager IV

    Brown Brothers Harriman is currently recruiting a Relationship Manager IV to join our Private Banking Wealth Management team. In this role you will serve as the point person for high-net-worth clients, including business development, client service and portfolio management. You will manage your client accounts individually but may take junior employees to account meetings to provide career development opportunities. If you are experienced in closing your own business, able to handle complex accounts and demonstrate confidence to stand in for other RMs when needed, and partner well with colleagues (Team Leader, other RMs, Relationship Associates, and Wealth Planners,) this opportunity is right for you!

    Some of your key responsibilities include:

    Relationship Management and Business Development

    • Focus a significant amount of time on business development.
    • Manage complex accounts / client relationships; work with clients to identify strategic investment objectives and needs - integrating Wealth Planning, as appropriate.
    • Ensure all clients are highly satisfied with the service they are receiving as demonstrated by continuing to maintain their assets at BBH, referring their friends and family to the firm and identifying other opportunities within Private Banking (outside of Investment Advisory).
    • Develop and implement long term new business strategy in coordination with other Relationship Managers.

    Investment Execution

    • Demonstrate deep knowledge of investment offerings and ensure alignment of investments with individual client needs.
    • Utilize BBH guidelines and policy to assist with development of client specific plans (e.g., asset allocation). Provide oversight when / where others are involved in modeling investments for clients.
    • Prepare for account reviews, account opening / closing / maintenance, and creation of client meeting materials.

    Risk Management and Administration

    • Exercise sound, professional investment judgment on behalf of clients, while avoiding risks to the firm and demonstrate 100% adherence to the compliance requirements of the business, including Investment Policy Statements, Know Your Customer requirements, completing documentation and written records of meetings and discussions.
    • Elevate high level risk issues and oversee Relationship Associate and Administrative Assistant's efforts relating to the completion of client requests on behalf of the client base.

    Business and Professional Leadership

    • Demonstrate external "draw" because of personal and professional networks resulting in the ability to source and close business.
    • Coach, train and mentor RAs and Sr. RAs and provide input on their career development; contribute to developing less experienced RM's.
    • Be perceived by client as a BBH executive and the senior RM on the team.

    Qualifications:

    • BA / BS required
    • 10 years relevant portfolio management experience involving equities, bonds, or both
    • Spanish language preferred but not required, Native or Professional Proficiency acceptable
    • Excellent client services skills
    • Superior oral/written communication, analytical and thought leadership skills
    • Knowledge of asset allocation, trust, and fiduciary principles
    • Strong team player
    • Strong work ethic
    • CFA, CFP, and / or MBA a plus

    What We Offer:

    • A collaborative environment that enables you to step outside your role to add value wherever you can
    • Direct access to clients, information and experts across all business areas around the world
    • Opportunities to grow your expertise, take on new challenges, and reinvent yourself-without leaving the firm
    • A culture of inclusion that values each employee's unique perspective
    • High-quality benefits program emphasizing good health, financial security, and peace of mind
    • Rewarding work with the flexibility to enjoy personal and family experiences at every career stage
    • Volunteer opportunities to give back to your community and help transform the lives of others

    We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, age, genetic information, creed, marital status, sexual orientation, gender identity, disability status, protected veteran status, or any other protected status under federal, state or local law.

    Salary Range

    $160,000-$200,000

    BBH's compensation program includes base salary, discretionary bonuses, and profit-sharing. The anticipated base salary range(s) shown above are only for the indicated location(s) and may differ in other locations due to cost of living and labor considerations. Base salaries may vary based on factors such as skill, experience and qualification for the role. BBH's total rewards package recognizes your contributions with more than just a paycheck-providing you with benefits that enhance your experience at BBH from long-term savings, healthcare, and income protection to professional development opportunities and time off, our programs support your overall well-being.

     

  • Just Posted

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Private Banking Officer
  • City National Bank of Florida
  • Florida, NY OTHER
  • Overview The Private Banking Officer serves as relationship manager for a portfolio of high net worth individuals, including, but not limited to Attorneys, CPAs, Physicians and entrepreneurs. Meets an...
  • 2 Months Ago

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Business Manager / Vice President
  • Lloyds Banking Group
  • New York, NY OTHER
  • Overview Lloyds Overview: Lloyds Bank Corporate Markets (LBCM) forms an integral part of Lloyds Banking Group, a UK-focused retail and commercial bank with more than 30 million customers. We have been...
  • 21 Days Ago

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VP / Manager, Enterprise Credit Risk
  • Lloyds Banking Group
  • New York, NY OTHER
  • Overview Lloyds Overview: Lloyds Bank Corporate Markets, plc (“LBCM”) forms an integral part of Lloyds Banking Group, a UK-focused retail and commercial bank with more than 30 million customers global...
  • 14 Days Ago

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Front Office Business Analyst / Project Manager
  • Sumitomo Mitsui Banking Corporation
  • New York, NY FULL_TIME
  • SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, cr...
  • Just Posted

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Vice President, Private Banking II
  • BNY Mellon
  • New York, NY FULL_TIME
  • Bring your ideas. Make history. BNY Mellon offers an exciting array of future-forward careers at the intersection of business, finance, and technology. We are one of the world's top asset management a...
  • 12 Days Ago

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Private Equity Associate
  • Broadview Group Holdings, LLC
  • St Louis, MO
  • Who We Are Broadview Group Holdings, LLC (www.broadviewgroup.com) invests in and partners with successful business owner...
  • 3/28/2024 12:00:00 AM

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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...
  • 3/28/2024 12:00:00 AM

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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...
  • 3/28/2024 12:00:00 AM

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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...
  • 3/28/2024 12:00:00 AM

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Chief Financial Officer
  • The Overture Group, LLC
  • Bloomingdale, IL
  • Our client is a growing equipment manufacturer and distributor. They are looking for hands-on CFO that will require driv...
  • 3/28/2024 12:00:00 AM

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Treasury Associate
  • Atlantic Group
  • New York, NY
  • $80B AUM private PE fund - highly diversified portfolio, 14 offices globally, extremely high quality people and culture ...
  • 3/28/2024 12:00:00 AM

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Research Analyst
  • First Trust Capital Management L.P.
  • Chicago, IL
  • Summary The Research Analyst role at First Trust Alternative Investment Research (“FT AIR”) is focused on supporting all...
  • 3/28/2024 12:00:00 AM

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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...
  • 3/28/2024 12:00:00 AM

New York is a state in the Northeastern United States. New York was one of the original thirteen colonies that formed the United States. New York covers 54,555 square miles (141,300 km2) and ranks as the 27th largest state by size.[3] The highest elevation in New York is Mount Marcy in the Adirondacks, at 5,344 feet (1,629 meters) above sea level; while the state's lowest point is at sea level, on the Atlantic Ocean. In contrast with New York City's urban landscape, the vast majority of the state's geographic area is dominated by meadows, forests, rivers, farms, mountains, and lakes. Most of...
Source: Wikipedia (as of 04/17/2019). Read more from Wikipedia
Income Estimation for Private Banking Manager jobs
$190,480 to $271,243

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