Director, Private Banking jobs in United States
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Busey · 17 hours ago

Director, Private Banking

Busey is a financial institution that is seeking a Director of Private Banking to develop, manage, and lead Private Banking teams. The role involves building a client base, creating a premier client experience, and driving deposit growth and wealth management opportunities.

BankingFinanceFinancial ServicesWealth Management

Responsibilities

Lead a high performing team; attract, recruit and retain team members through proper motivation and coaching
Prepare and manage budget while controlling expenses effectively
Develop Private Banking deposit and loan relationships with qualifying new and existing clients; refer clients to internal business partners as applicable
Develop and maintain positive relationships with all business units
Leverage centers of influence and develop new relationships through prospecting and building community networks at local events
Develop and expand relationships for long term business partnering with clients while referring prospective business and individual clients to internal business partners
Drive deposit growth and wealth management opportunities
Maximize Bank profitability through appropriate pricing of loans, generating fee income and cross-selling of all Bank products and services, while addressing client’s personal and business needs
Drive continual process improvement to streamline business processes, increase efficiencies and remove redundancies
Identify opportunities to improve product and service offerings based on client feedback and industry knowledge
Analyze, synthesize and communicate complex financial data
Resolve customer complaints and ensure customer satisfaction; support the Net Promoter Score effort to gauge client satisfaction
Collaborate with the Digital Banking team to open new and service existing client accounts

Qualification

Private Banking productsWealth Management ServicesFinancial analysisPeople ManagementSales FocusClient service skillsOral CommunicationMicrosoft OfficeResults DrivenTeamwork

Required

Bachelor's degree with exposure to Accounting or Finance courses required
10+ years of banking or management experience required
Advanced knowledge of Private Banking loan and deposit products and services
Demonstrated management, leadership, recruiting, coaching and mentoring skills
Success building relationships, strategic partners, and developing business with high-net-worth clients
Experience in consumer and commercial lending preferred including but not limited to: HELOC, Mortgages, Personal Lines of Credit, Auto Loans, etc
Strong financial analysis and credit underwriting skills with experience analyzing personal financial statements and tax returns
Ability to analyze and understand personal financial statements and tax returns
Strong oral and written communication skills
Strong sales and client service skills
Wealth Management Services including Investments, banking and trust concepts including asset allocation and basic trust and estate procedures
High Level of Retail and Business Banking customers and trends
Make independent decisions
Analyze and interpret numerical data
Perform duties and make decisions under frequent time pressures
Pursuant to the Secure and Fair Enforcement for Mortgage Licensing Act (“SAFE Act”), all Private Client Managers (if discussing mortgage rates) are required to maintain current registration with the Nationwide Mortgage Licensing System & Registry (“NMLS”). If such registration is not active as of the hire date, the Private Client Manager must immediately attain active registration upon employment. Private Client Managers who fail to maintain an active and current registration will be unable to lend and may be subject to disciplinary action, up to and including termination of employment
Requires knowledge of Microsoft Office

Preferred

Advanced degree or bank specific continuing education preferred
Experience in consumer and commercial lending preferred including but not limited to: HELOC, Mortgages, Personal Lines of Credit, Auto Loans, etc

Benefits

401(k) match
Profit sharing
Employee stock purchase plan
Paid time off
Medical
Dental
Vision
Company-paid life insurance
Long-term disability
Supplemental voluntary life insurance
Short-term and long-term disability
Wellness incentives
Employee assistance program
Pre-tax health savings accounts
Flexible spending accounts

Company

Busey

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Busey is a financial company that offers wealth management, banking, brokerage, and mortgage services.

Funding

Current Stage
Public Company
Total Funding
$200M
2025-05-14Post Ipo Equity· $200M
2001-06-14IPO

Leadership Team

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Christopher Chan
Chief Financial Officer
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Company data provided by crunchbase