Alternate Job Titles: Manager of Private Banking, Private Banking Manager
How much does a Private Banking Manager make? The median annual Private Banking Manager salary is $143,423, as of June 28, 2017, with a range usually between $128,431-$158,164, 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 Manager in the United States.
This chart describes the expected percentage of people who perform the job of Private Banking Manager in the United States that make less than that annual salary. For example the median expected annual pay for a typical Private Banking Manager in the United States is $143,423, so 50% of the people who perform the job of Private Banking Manager in the United States are expected to make less than $143,423.
Source: HR Reported data as of June 28, 2017
This chart describes the expected percentage of people who perform the job of Private Banking Manager that make less than that salary. For example 50% of the people who perform the job of Private Banking Manager are expected to make less than the median.
Source: HR Reported data as of July 2017
Manages a team of private banking officers who are responsible for individuals with high net-worth. Responsibilities include overseeing maintenance of the private banking officers' deposit and loan volume and ensuring policies and procedures are met. Acts as an advisor for complex credit decisions. Ensures that existing client relationships are sustained and nurtured. Mentors and trains team. Typically requires a bachelor's degree. Typically reports to a head of unit or department. Typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. Typically requires 3+ years of managerial experience. View full job description