Head of Private Banking & Wealth Management

Northwest Bank; Independence (OH); On-site; USD 180,000 - 270,000; Full time

Job summary

Northwest Bank seeks an Executive Director of Private Banking to lead the Private Bank across key markets, oversee multiple reports, and align Wealth Management with Retail, Commercial, Mortgage and Small Business Banking to drive revenue and cross-referrals.

The role requires 15+ years in Financial Services with 8–12 years in Wealth Management & Private Banking, plus professional licenses (CTFA/CFP/FINRA SIE/Series 6/7).

Qualifications

• Bachelor's Degree in Business, Finance or a related academic track and a Master's Degree (MS or MBA).
• More than 15 years of Financial Services experience; 8-12 years in Wealth Management & Private Banking.
• CTFA Upon Hire; CFP Upon Hire; FINRA SIE Upon Hire; Series 6 Upon Hire; Series 7 Upon Hire.

Responsibilities

• Develop, manage, and maintain the Private Bank team in key strategic markets throughout the Northwest footprint.
• Establish and enhance core business metrics that meet or exceed annual plan and budgetary requirements.
• Perform continuous market analysis to identify and enhance the client experience and generate revenue from the Private Bank key services.
• Work in close co-operation with various business line leaders to ensure the Wealth Management experience is delivered in a broad and consistent fashion.
• Ensure that Private Bank offerings are competitive and delivered in an initiative-taking fashion to clients of Northwest Bank seeking this level of service.
• Partner with the Marketing teams in developing both internal and external brand recognition engagements and sales materials.
• Responsible for managing pipeline and activities to ensure the appropriate number of opportunities is pursued to achieve revenue and budgetary goals.
• Keep up to date with markets, investments and private banking products and services and competitor offerings.
• Create, schedule, and lead internal training sessions about the Private Bank offering and all aspects of the Wealth Management Group products and services.

Skills

Leadership

Strategic planning

Client relationship

Education

Bachelor's Degree in Business or Finance

Master's Degree (MS or MBA)

Job description

Northwest Bank seeks an Executive Director of Private Banking to lead the Private Bank across key markets, oversee multiple reports, and align Wealth Management with Retail, Commercial, Mortgage and Small Business Banking to drive revenue and cross-referrals.

The role requires 15+ years in Financial Services with 8–12 years in Wealth Management & Private Banking, plus professional licenses (CTFA/CFP/FINRA SIE/Series 6/7).