Director, Private Banking

OverviewDirector, Private Banking at Busey. The Director, Private Banking develops, manages and leads Private Banking teams, and builds a client base through prospecting, community involvement and proactive business development activities. The Director is accountable for creating and maintaining a premier Private Banking client experience while generating core deposits, creating sound wealth management opportunities and generating fee income.Duties & ResponsibilitiesLead a high performing team; attract, recruit and retain team members through proper motivation and coaching.Prepare and manage budget while controlling expenses effectively.Develop Private Banking deposit and loan relationships with qualifying new and existing clients; refer clients to internal business partners as applicable.Develop and maintain positive relationships with all business units.Leverage centers of influence and develop new relationships through prospecting and building community networks at local events.Develop and expand relationships for long term business partnering with clients while referring prospective business and individual clients to internal business partners.Drive deposit growth and wealth management opportunities.Maximize Bank profitability through appropriate pricing of loans, generating fee income and cross-selling of all Bank products and services, while addressing client’s personal and business needs.Drive continual process improvement to streamline business processes, increase efficiencies and remove redundancies.Identify opportunities to improve product and service offerings based on client feedback and industry knowledge.Analyze, synthesize and communicate complex financial data.Resolve customer complaints and ensure customer satisfaction; support the Net Promoter Score effort to gauge client satisfaction.Collaborate with the Digital Banking team to open new and service existing client accounts.Education & ExperienceKnowledge of advanced Private Banking loan and deposit products and services.Demonstrated management, leadership, recruiting, coaching and mentoring skills.Successful track record building relationships, strategic partners, and developing business with high-net-worth clients.Experience in consumer and commercial lending preferred including but not limited to: HELOC, Mortgages, Personal Lines of Credit, Auto Loans, etc.Strong financial analysis and credit underwriting skills with experience analyzing personal financial statements and tax returns.Ability to analyze and understand personal financial statements and tax returns.Strong oral and written communication skills.Strong sales and client service skills.Wealth Management Services including Investments, banking and trust concepts including asset allocation and basic trust and estate procedures.High level of Retail and Business Banking customers and trends.Ability to:Make independent decisionsAnalyze and interpret numerical dataPerform duties and make decisions under frequent time pressuresEducation and TrainingBachelor’s degree with exposure to Accounting or Finance courses required; advanced degree or bank specific continuing education preferred.10+ years of banking or management experience required.Pursuant to the SAFE Act, all Private Client Managers (if discussing mortgage rates) are required to maintain current registration with the Nationwide Mortgage Licensing System & Registry (NMLS). If such registration is not active as of the hire date, the Private Client Manager must immediately attain active registration upon employment. Private Client Managers who fail to maintain an active and current registration will be unable to lend and may be subject to disciplinary action, up to and including termination of employment.Requires knowledge of Microsoft pensation And BenefitsSalary offered is based on factors, including but not limited to, the job duties, required qualifications and relevant experience, and local market trends. The role may be eligible for bonus or incentives based on company and individual performance. Base Pay Range: $154,000-$188,000 annually.Busey provides a competitive Total Rewards package including 401(k) match, profit sharing, employee stock purchase plan, paid time off, medical, dental, vision, company-paid life insurance and long-term disability, supplemental voluntary life insurance, short-term and long-term disability, wellness incentives and an employee assistance program. Eligible associates may also have access to pre-tax health savings accounts and flexible spending accounts. Visit Busey Total Rewards for more information.Equal OpportunityBusey is an Equal Opportunity Employer including Disability/Vets. We value a diverse and inclusive workplace and strive to recruit, develop and retain individuals with exceptional talent. Visit /Careers to learn more about Busey’s Equal Opportunity Employment.Unsolicited ResumesBusey Bank, and its subsidiaries, does not accept liability for fees for resumes from recruiters or employment agencies without a binding, written recruitment agreement. Busey may consider any candidate for whom an Agency has submitted an unsolicited resume and explicitly reserves the right to hire those candidates without any financial obligation to the Agency, unless an Agreement is in place. Agencies without an Agreement are requested not to contact any associates of Busey with recruiting inquiries or resumes. Busey respectfully requests no phone calls or emails. #J-18808-Ljbffr

Created: 2025-09-17