Qualifications - Proven track record of success in private banking or wealth management, with a minimum of 10 years of experience in a leadership role
- Deep understanding of the needs and preferences of high-net-worth clients, along with a demonstrated ability to develop and deliver tailored solutions
- Strong business acumen, with the ability to translate strategic vision into actionable plans and initiatives
- Excellent communication, presentation, and interpersonal skills, with the ability to build rapport and credibility with internal and external stakeholders
- Strategic thinker with a creative mindset, capable of identifying and capitalizing on market opportunities
- Sound knowledge of regulatory requirements and industry best practices pertaining to private banking operations
- Leadership qualities, including integrity, resilience, and the ability to inspire and motivate others
- Dedication to delivering exceptional client experiences
- Ability and desire to work in a collaborative team environment considering various constituencies and garnering the trust and confidence of executive management and the bank CEO partners
| Responsibilities - You will spearhead the development of a cutting-edge private banking platform to include product development and implementation, encompassing wealth management, credit facilities, banking products, and the seamless integration of financial planning services
- Your leadership will be instrumental in shaping the direction of our offerings and ensuring the highest level of service to our valued clients
- Develop and implement a strategic vision for the private banking platform, aligning with the overall goals and objectives of the organization
- Lead the design and creation of specialized private banking products and services tailored to high-net-worth clients, including wealth management solutions, credit facilities, deposit offerings, and bespoke financial planning services
- Collaborate with cross-functional teams, including wealth management, risk management, technology, and marketing, to ensure seamless integration and delivery of private banking offerings
- Stay abreast of industry trends, regulatory developments, and competitive landscape to identify opportunities for innovation and differentiation
- Cultivate and maintain relationships with key stakeholders, including clients, senior management, and external partners, to drive business growth and client satisfaction
- In close collaboration with the banking CEO partners, provide leadership and guidance to a team of professionals, fostering a culture of excellence, collaboration, and continuous improvement
- Monitor and evaluate the performance of the private banking platform, tracking key metrics and KPIs to measure success and identify areas for optimization
- Develop a comprehensive compensation package for our private bankers, aligning the desired results with our compensation structure
- Ensure compliance with relevant laws, regulations, and internal policies governing private banking activities
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