Director, Private Banking - MLO

Zions Bank•Salt Lake, UT

About The Position

Zions Bank recognizes that its success comes from the dedication, experience and talents of its diverse employee base. As we usher in the next generation of banking, we’re committed to being the premier employer of choice. We’re proud to have ranked among American Banker magazine’s “Best Banks to Work For” almost every year since 2013, as Best Employer from Utah’s Best of State, among the Best Places to Work in Idaho, and “among the Salt Lake Tribune’s Top Workplaces. Make the leap into a new era of banking. Let us transform your career. With benefits starting on day one, 12 bank holidays, profit sharing and company-matched 401(k) contributions, Zions is committed to career growth and advancement. At Zions, the possibilities are endless. You bring the talent; we bring the opportunity. We are looking for a Director, Private Banking in our downtown Salt Lake City, UT location. Directs customized private banking financial advisory and services including asset management, trust services, and financial planning for High-Net-Worth and Ultra-High-Net-Worth clients. Requires a deep understanding of private banking, investment strategies, and wealth management and ensures a full range of services are appropriately provided to High-Net-Worth individuals. Develops strategies to market and deliver private client services to targeted markets. Actively manages toward achievement of deposit and revenue goals. Establishes and executes operating processes and procedures to comply with lending, deposit and other key risk areas. Ensures that all private banking activities comply with regulatory standards, bank policies, and risk management guidelines. Remains informed about relevant regulatory changes and ensures the proper implementation of any necessary adjustments to client portfolios or advisory processes. Collaborates closely with the wealth management team to ensure that clients receive comprehensive financial planning and investment advice tailored to their unique needs. Responsible to hire, fire and performance management of staff. Maintains appropriate FINRA licenses for the role. Other duties as assigned.

Requirements

Requires a Bachelor's degree and 12+ years of managing high-net worth client relationships or other directly related experience.
A combination of education and experience may meet requirements.
Senior level managerial, motivational, budgeting and project management experience preferred.
Maintains FINRA licenses consistent with the role.
Requires an in-depth knowledge of banking products and services for High-Net-Worth clients.
Demonstrated sales and business development ability, expert client financial advisory skills and strong marketing and customer service skills.
Demonstrated expert knowledge of High-Net-Worth targeted financial products and banking regulations.
Strong interpersonal and management skills.
Excellent written and verbal communication, problem solving and organizational skills and creative abilities.
Must be extremely detail-orientated and able to prioritize.
Proficient in personal computer applications.

Responsibilities

Directs customized private banking financial advisory and services including asset management, trust services, and financial planning for High-Net-Worth and Ultra-High-Net-Worth clients.
Develops strategies to market and deliver private client services to targeted markets.
Actively manages toward achievement of deposit and revenue goals.
Establishes and executes operating processes and procedures to comply with lending, deposit and other key risk areas.
Ensures that all private banking activities comply with regulatory standards, bank policies, and risk management guidelines.
Remains informed about relevant regulatory changes and ensures the proper implementation of any necessary adjustments to client portfolios or advisory processes.
Collaborates closely with the wealth management team to ensure that clients receive comprehensive financial planning and investment advice tailored to their unique needs.
Responsible to hire, fire and performance management of staff.
Maintains appropriate FINRA licenses for the role.
Other duties as assigned.