Alternate Job Titles: Director of Private Banking, Private Banking Director
How much does a Private Banking Director make? The median annual Private Banking Director salary is $175,595, as of September 27, 2017, with a range usually between $144,931-$196,568, however this can vary widely depending on a variety of factors. Our team of Certified Compensation Professionals has analyzed survey data collected from thousands of HR departments at companies of all sizes and industries to present this range of annual salaries for people with the job title Private Banking Director in the United States.
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This chart describes the expected percentage of people who perform the job of Private Banking Director in the United States that make less than that annual salary. For example the median expected annual pay for a typical Private Banking Director in the United States is $175,595, so 50% of the people who perform the job of Private Banking Director in the United States are expected to make less than $175,595.
Source: HR Reported data as of September 27, 2017
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This chart describes the expected percentage of people who perform the job of Private Banking Director that make less than that salary. For example 50% of the people who perform the job of Private Banking Director are expected to make less than the median.
Source: HR Reported data as of October 2017
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. Develops strategy 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. May act as a consultant for high value or complex credit decisions. Requires a bachelor's degree. Typically reports to top management. 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. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. Typically requires 5+ years of managerial experience. View full job description