Private Banking Director jobs in Chicago, IL
Private Banking Director oversees all aspects of private banking activities that service the needs of high net-worth clients. Ensures that client relationships are developed and expanded and that the resources of the entire organization are properly leveraged to provide efficient and personalized service delivery. Being a Private Banking Director develops strategies and objectives that include deposit and loan volume goals and effective marketing plans. Implements operations, processes, and team development programs that enhance the achievement of private banking objectives. Additionally, Private Banking Director may act as a consultant for high-value or complex credit decisions. Requires a bachelor's degree. Typically reports to senior management. The Private Banking Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be a Private Banking Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)
Recently Added Private Banking Director jobs
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 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 visitCIBC.comJob DescriptionResponsibilities:
- Primary responsibility is to provide “white-glove” service to our HNW and UHNW clients.
- Maintain knowledge of Private Banking Loan Product Offerings
- Produce quality work in the form of Loan Presentations, Material Amendments and other credit requests in a timely manner and in accordance with agreed upon deadlines
- Ensures integrity of data captured in underwriting / processing and compliance logs / systems
- Effective Collaboration with Relationship Managers, Loan Coordinators, Group Portfolio Managers, Team Leads and Senior Management
- Complete assigned reporting responsibilities (weekly, monthly, or quarterly) to meet LOB reporting deadlines
- Continually work to increase market and professional knowledge through training classes, seminars and special projects
- Develop strong working knowledge of CIBC Bank USA Credit Policy and Risk Rating Frameworks
- Manage activities appropriately relative to cost/expense control management
- Community Involvement
- Any other duties as assigned by leadership
Knowledge and Skills:- Understanding of the high net worth and ultra-high net worth client profile and typical product offerings
- Ability to structure credit solutions for HNW and UHNW clients with complex balance sheets and cash flows
- Ability to analyze client's investments statements to differentiate eligible from ineligible client positions for lending capabilities to recommend a credit structure that meets the client's needs and falls within the Bank's risk parameters
- Knowledge of federal and state regulatory requirements
- Prefer a minimum of 1 - 3 years of banking client service experience
- Strong organizational skills, with the ability to manage multiple assignments and priorities is essential while delivering desired results
- Strong teamwork and partnering skills with ability to effectively manage the expectations of multiple internal/external constituents
- Effective written and verbal communication/presentation skills
- Intermediate user of MSWord and MS Excel
How you'll succeed- Client engagement - Focus on each client experience and connect on a personal level to make every interaction meaningful. Anticipate client needs and communicate promptly with your team to build trust and deepen client relationships. Identify activities, processes and opportunities to improve the client experience.
- Business development - Proactively identify business opportunities for your team. Work closely with investment advisors to support business development activities and assist in the building of investment plans based on the client’s profile, goals, and risk/reward tolerance.
- Relationship building - Heighten CIBC brand awareness in your community by attending local events and participating in marketing and outreach activities. Grow your network to create lasting connections that will generate future opportunities.
Who you are- You put our clients first. You engage with purpose to find the right solutions. You go the extra mile, because it’s the right thing to do.
- You’re goal oriented. You’re motivated by accomplishing your goals and delivering your best to make a difference.
- You engage with your heart and mind. You care about people and understand different perspectives. You listen and learn from the experiences of others.
- You know that details matter. You notice things that others don't. Your critical thinking skills help to inform your decision making.
- You’re a certified professional. You have current accreditation and good standing Canadian Securities Course (CSC), Conduct & Practice Handbook (CPH), and Investment Representative (IR) licensing. It’s an asset if you have Registered Representative (RR) licensing. Financial services and/or brokerage industry experience, and working knowledge of various quotation equipment is required.
- Values matter to you. You bring your real self to work and you live our values - trust, teamwork, and accountability.
What CIBC offersAt 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 health benefits program, defined benefit pension plan, an employee share purchase plan 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
California residents — your privacy rights regarding your actual or prospective employmentWhat 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 contactMailbox.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 LocationIL-120 S LaSalle StEmployment TypeRegularWeekly Hours40SkillsBanking, Credit, Customer Experience (CX), Financial Services, Investments - Just Posted
Director of Nursing
- Passionate Private Duty
-
Schaumburg, IL
FULL_TIME
- Are you looking for a job that provides a positive work culture, a great work/life balance, and is rewarding? Passionate Private Duty is the right place for you! We are looking for an Assistant Direct...
- 11 Days Ago
Business Development Director
- 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 ...
- 9 Days Ago
Senior Director - Juris Banking
- Western Alliance Bank
-
Chicago, IL
FULL_TIME
- Job Title: Senior Director - Juris Banking Location: IL - Chicago, LPO What you'll do: Join one of the best performing banking groups in the US and bring your passion for expanding a regional product ...
- 1 Month Ago
Senior Director - Juris Banking
- Western Alliance Bancorporation
-
Chicago, IL
FULL_TIME
- Job Title:Senior Director - Juris BankingLocation:IL - Chicago, LPOWhat you'll do:Join one of the best performing banking groups in the US and bring your passion for expanding a regional product offer...
- 23 Days Ago
SVP Director of Retail Banking
- Lakeside Bank
-
Elmhurst, IL
FULL_TIME
- SVP Director of Retail Banking SUMMARY Serves in the Senior leadership capacity for Retail Banking management team. Provides tactical and operational leadership for the Retail Branch Network. Contribu...
- 1 Month Ago
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0 Private Banking Director jobs found in Chicago, IL area
Account Executive - Virtual Data Room Sales
- Donnelley Financial Solutions (DFIN)
-
- Location: Required travel within Northwest territory including San Francisco Bay. About Venue: Venue, our virtual data r...
- 4/19/2024 12:00:00 AM
Entry Level Sales - Recruiter
- Prestige Staffing
-
Chicago, IL
- Prestige Staffing is seeking driven, sales-minded college graduates to join the Prestige Family for careers in Recruitin...
- 4/19/2024 12:00:00 AM
Indoor Doorman/Lobby - Security Officer - Downtown Chicago
- Titan Security
-
Chicago, IL
- Overview: Overview:Do you like helping people and want a job where you can make a positive impact? Come to Titan Securit...
- 4/18/2024 12:00:00 AM
Wealth Group Executive
- Citigroup, Inc.
-
Chicago, IL
- The Wealth Group Executive is accountable for management of complex/critical/large professional disciplinary areas. Lead...
- 4/18/2024 12:00:00 AM
Head of Financial Planning & Analysis
- SmartHire Inc.
-
Addison, IL
- Company Overview Our client, a diversified developer, manufacturer, and marketer of food flavorings and ingredients, ser...
- 4/17/2024 12:00:00 AM
Financial Analyst
- Creative Financial Staffing
-
Rosemont, IL
- General Summary: The Financial Analyst is an integral part of the Finance department's investment accounting area, devel...
- 4/17/2024 12:00:00 AM
Finance Manager
- Sphera
-
Chicago, IL
- Sphera is a leading global provider of enterprise software and services that enables companies to manage and optimize th...
- 4/16/2024 12:00:00 AM
Financial Analyst
- Heritage-Crystal Clean, Inc.
-
Hoffman Estates, IL
- Crystal Clean (CC) is one of the nation’s leading privately held companies in the environmental waste services industry....
- 3/27/2024 12:00:00 AM
About Chicago, Illinois
Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third most populous city in the United States. With an estimated population of 2,716,450 (2017), it is the most populous city in the Midwest. Chicago is the principal city of the Chicago metropolitan area, often referred to as Chicagoland, and the county seat of Cook County, the second most populous county in the United States. The metropolitan area, at nearly 10 million people, is the third-largest in the United States, and the fourth largest in North A...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Private Banking Director jobs
$225,240 to $353,977
Chicago, Illinois area prices
were up 0.8% from a year ago
were up 0.8% from a year ago
What does a Private Banking Director do?
Private Banking Director in Columbus, GA
Private Banking Job is also known as personalized banking services since it is customized for wealthy families to manage their money.
December 24, 2019
Private Banking Director in Springfield, MO
It is not quite apt to define private banking as wealth management, because private banking generally offers a much narrower set of financial options. A private banker offers strategies that can be applied to the assets the bank can access, while a more comprehensive wealth manager would develop broad strategies that include all of a client’s assets.
February 01, 2020
Private Banking Director in Jackson, MS
The responsibility of those with Private Banking and Wealth Management jobs is to manage the funds of the very wealthy efficiently, effectively and with the utmost care.
January 17, 2020