Director, Private Banking

Position Summary

The Director, Private Banking develops, manages and leads Private Banking teams, in addition to building a client base through prospecting, community involvement and proactive business development activities. The Director is accountable for creating and maintaining a premiere Private Banking client experience while generating core deposits, creating sound wealth management opportunities and generating fee income.

Duties & Responsibilities

• Lead 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 & Experience

Advanced knowledge of Private Banking loan and deposit products and services.

Make independent decisions

Bachelor's degree with exposure to Accounting or Finance courses required; advanced degree or bank specific continuing education preferred.

Compensation and Benefits

Salary 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 : $125,000.00 - $175,000.00 annually )

Busey provides a competitive Total Rewards package in return for your time, talents, efforts and ultimately, results. Your personal and professional well-being-now and in the years to come-are important to us. Busey's Total Rewards include a competitive benefits package offering 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. In addition, eligible associates may take advantage of pre-tax health savings accounts and flexible spending accounts. Visit Busey Total Rewards for more information.

Equal Opportunity

Busey values a diverse and inclusive workplace and strives to recruit, develop and retain individuals with exceptional talent. A team with diverse talent, working together, is essential to Busey's commitment of delivering service excellence. Busey is an Equal Opportunity Employer including Disability / Vets. Visit Busey.com / Careers to learn more about Busey's Equal Opportunity Employment.

Unsolicited Resumes

Busey Bank, and its subsidiaries, does not accept any liability for fees for resumes from recruiters or employment agencies ("Agency"), without a binding, written recruitment agreement between Busey and Agency describing the services and specific job openings ("Agreement"). Busey may consider any candidate for whom an Agency has submitted an unsolicited resume and explicitly reserves the right to hire those candidate(s) without any financial obligation to the Agency, unless an Agreement is in place. Any email or verbal contact with any Busey associate is inadequate to create a binding agreement. 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.