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Jefferson City

    Private Banking Executive Manager - Jefferson City, United States - CFA Institute

    CFA Institute
    CFA Institute Jefferson City, United States

    4 weeks ago

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    Description


    Central Bank's senior executive team is seeking an experienced leader to unite our platform around this core customer segment in support of our strategic growth agenda.

    This is an exciting opportunity for a seasoned executive that enjoys collaborating with talented team members to deliver a new level of customer service.

    Overview


    Founded in 1902, Central Bank is a $20 billion, multi-state regional banking organization headquartered in Jefferson City, Missouri with over $12 billion wealth assets under management.

    While much of our senior management and centralized functions are based in Jefferson City and St.

    Louis, 12 of our most senior executives are located in our regional markets, ensuring decisions happen as close to our customers as possible.


    We believe our collaborative and community-oriented culture inspires both employee and customer loyalty, both of which approach levels twice that of banking industry averages.

    This formula has allowed Central Bank to stand the test of time; being recognized by Forbes as one of the best banks in America every year since it began publication of its list in 2009 (currently #17).

    A cornerstone of our current growth agenda is doubling our wealth management revenue over the medium term.

    Realizing that goal will require us to harness the extensive capabilities that currently exist vertically across our company, including credit, deposit and wealth products at the center and relationship managers across our markets.

    A successful leader in this new role will quickly build relationships with these key stakeholders to drive client-centered collaboration and outcomes.


    We are actively seeking an exceptional individual with a blend of leadership, strategic insight, and a passion for providing unparalleled service to join and lead our team at Central Bank's Private Bank.

    If you possess an entrepreneurial spirit and thrive in an environment that challenges you, Central Bank is the perfect fit for you.

    You'll collaborate with talented colleagues across markets, businesses, and functions, presenting significant opportunities for growth in a growing company.


    As the Private Banking Executive Manager, you will work under the direction of the CEO of Wealth Management and the bank's Executive Committee.

    You will spearhead the development of a cutting-edge private banking platform to include product development and implementation, encompassing wealth management, credit facilities, banking products, and the seamless integration of financial planning services.

    Your leadership will be instrumental in shaping the direction of our offerings and ensuring the highest level of service to our valued clients.

    Essential Duties and Responsibilities


    Develop and implement a strategic vision for the private banking platform, aligning with the overall goals and objectives of the organization.


    Lead the design and creation of specialized private banking products and services tailored to high-net-worth clients, including wealth management solutions, credit facilities, deposit offerings, and bespoke financial planning services.


    Collaborate with cross-functional teams, including wealth management, risk management, technology, and marketing, to ensure seamless integration and delivery of private banking offerings.

    Stay abreast of industry trends, regulatory developments, and competitive landscape to identify opportunities for innovation and differentiation.


    Cultivate and maintain relationships with key stakeholders, including clients, senior management, and external partners, to drive business growth and client satisfaction.


    In close collaboration with the banking CEO partners, provide leadership and guidance to a team of professionals, fostering a culture of excellence, collaboration, and continuous improvement.


    Monitor and evaluate the performance of the private banking platform, tracking key metrics and KPIs to measure success and identify areas for optimization.

    Develop a comprehensive compensation package for our private bankers, aligning the desired results with our compensation structure

    Ensure compliance with relevant laws, regulations, and internal policies governing private banking activities.

    Required Qualifications, Capabilities, and Skills

    Bachelor's degree in Business Administration, Finance, Economics, or related field; MBA, JD, CFA, CPA, or CFP preferred.


    Proven track record of success in private banking or wealth management, with a minimum of 10 years of experience in a leadership role.


    Deep understanding of the needs and preferences of high-net-worth clients, along with a demonstrated ability to develop and deliver tailored solutions.

    Strong business acumen, with the ability to translate strategic vision into actionable plans and initiatives.

    Excellent communication, presentation, and interpersonal skills, with the ability to build rapport and credibility with internal and external stakeholders.

    Strategic thinker with a creative mindset, capable of identifying and capitalizing on market opportunities.

    Sound knowledge of regulatory requirements and industry best practices pertaining to private banking operations.

    Leadership qualities, including integrity, resilience, and the ability to inspire and motivate others.

    Dedication to delivering exceptional client experiences.


    Ability and desire to work in a collaborative team environment considering various constituencies and garnering the trust and confidence of executive management and the bank CEO partners.

    JD, CFA, CPA, or CFP preferred


    This role offers a unique opportunity to shape the future of private banking while advancing your career in financial services.

    If you're ready to make an impact and drive meaningful change, we invite you to join our team at Central Bank.

    #J-18808-Ljbffr


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