M&T Bank logo
M&T BankPosted 1 week ago

Head of Private Bank

$230,600–$428,200 year

On-siteNew York City, New York, United States

Full TimeSenior LevelEnterpriseBANKING

Job Summary

Manage the Company's Private Banking business to meet unique financial needs of high net worth customers while growing net interest and fee income. Establish a vision, set goals, and oversee annual budgeting to ensure desired outcomes. Develop and manage client relationships through teams of Relationship Managers, establishing and managing the sales process for consistent professional approaches. Maintain currency of competitive product trends, pricing, and profit targets. Work with Marketing on materials and campaigns, oversee training and succession planning, and represent the Bank in civic activities. Exercise authority over staffing, performance appraisals, promotions, and terminations. Design and maintain internal controls to mitigate risk and adhere to regulatory standards. Negotiate all transactions, approve loans within lending limits, and promote an environment reflecting the M&T Bank brand.

Required Qualifications

  • Bachelor's degree
  • Minimum of 15 years' experience leading a private banking department or related department
  • Deep expertise in retail and commercial loan origination and underwriting
  • Knowledge of sophisticated retail, commercial and investment products
  • Minimum of 6 years' sales management experience
  • Proven track record of sales achievement
  • Significant supervisory and/or mentoring experience
  • Deep knowledge of banking credit principals
  • Ability to underwrite complex credit transactions
  • Excellent verbal and written communication skills
  • Outstanding interpersonal skills
  • Strong relationship management skills
  • Location: New York, New York, United States of America

Desired Qualifications

  • Masters' degree in Business Administration (MBA)
  • Certified Financial Planner (CFP)
  • Certified Public Accounting (CPA)
  • Similar designation

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