How much does a Private Banking Manager earn in the United States? The average Private Banking Manager salary in the United States is $149,158 as of March 28, 2019, but the range typically falls between $133,564 and $164,479. 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. View Cost of Living in Major Cities
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.
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Includes bonus, healthcare, and retirement
4 - 7 years experience
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