How much does a Private Banking Director make in Minneapolis, MN? The average Private Banking Director salary in Minneapolis, MN is $219,434 as of February 26, 2024, but the range typically falls between $181,144 and $245,622. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Private Banking Director Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Private Banking Director Salary $146,282 Minneapolis,MN February 26, 2024
25th Percentile Private Banking Director Salary $181,144 Minneapolis,MN February 26, 2024
50th Percentile Private Banking Director Salary $219,434 Minneapolis,MN February 26, 2024
75th Percentile Private Banking Director Salary $245,622 Minneapolis,MN February 26, 2024
90th Percentile Private Banking Director Salary $269,465 Minneapolis,MN February 26, 2024
25% $181,144 10% $146,282 90% $269,465 75% $245,622 $219,434 50%(Median) Didn’t find job title? Click
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Job Description for Private Banking Director

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)... View full job description

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Job Openings for Private Banking Director in Minneapolis, MN
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Pamela J. Shelley-Kessler, Co-President, Chief Financial Officer and Corporate Secretary
LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC's investment portfolio includes 208 properties in 27 states wi... More
Fiscal Year Ended in 2022
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Private Banking Director salary varies from city to city. Compared with national average salary of Private Banking Director, the highest Private Banking Director salary is in San Francisco, CA, where the Private Banking Director salary is 25.0% above. The lowest Private Banking Director salary is in Miami, FL, where the Private Banking Director salary is 2.9% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.9%
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
City, State Dallas, TX Compared to national average
-0.7%

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Average Base Salary

Core compensation

 
 
 
181144
245622
219434

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
228274
358741
285632
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Private Banking Director in Minneapolis, MN. The base salary for Private Banking Director ranges from $181,144 to $245,622 with the average base salary of $219,434. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $228,274 to $358,741 with the average total cash compensation of $285,632.
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181144
245622

 

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About Minneapolis, Minnesota    Minneapolis (/ˌmɪniˈæpəlɪs/ (listen)) is the county seat of Hennepin County and the larger of the Twin Cities, the 16th-largest metropolitan area in t....More

Minneapolis, Minnesota  area prices were up 1.4% from a year ago    View the Cost of Living in Minneapolis, Minnesota

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Skills associated with Private Banking Director: Strategy Development, Financial Advising, Banking Products, Cross-Selling ...More

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