Private Banking Division Manager - Henderson / Evansville

Stock Yards Bank & Trust • Evansville, IN

133d • Onsite

About The Position

The Private Banking Division Manager leads a team of Private Bankers in relationship management and new business development for clients and prospects. The role identifies, solicits, services, delivers, and coordinates delivery of a broad range of financial products and services through team members. It includes managing and supporting Private Bankers, overseeing lending and credit activity, helping grow market presence, and ensuring effective team performance and operations. The position also supports the Bank’s mission and compliance with organizational policies and regulatory requirements.

This role supervises Private Bankers and support staff, provides mentoring in credit underwriting, product delivery, and business development, and works with the Private Banking Director and Human Resources on recruitment and hiring. It completes annual employee evaluations, budget work, and incentive-plan confirmations, and resolves employee performance and workplace issues. The position operates in an indoor office environment with occasional travel as needed.

Requirements

• Bachelor’s degree, preferably with a concentration in business, accounting, finance, or banking, or equivalent education and related training; equivalent applicable years of experience will be considered.
• At least 10 years of banking experience with broad exposure to consumer and commercial lending.
• At least 2 years of leadership experience.
• Broad, fundamental understanding of financial planning and investment concepts.
• Sound knowledge of retail bank credit and deposit products.
• Strong interpersonal, sales, sales management, relationship management, and team-building skills.
• Strong written, verbal, and communication skills.
• Working knowledge of Microsoft Office desktop applications.

Responsibilities

• Lead and support Private Bankers in delivering financial products and services to clients and prospects.
• Provide direct support and mentoring in credit underwriting, product delivery, and new business development.
• Guide Private Bankers in sales and relationship management techniques; oversee performance, provide feedback, and support professional growth.
• Evaluate loan requests, approve credits within delegated authority, and make credit recommendations to Executive Management.
• Analyze clients’ and prospects’ financial condition and capacity to meet credit obligations.
• Negotiate credit terms and conditions to manage the Bank’s risk and ensure an adequate return.
• Coordinate communication with other Bank departments regarding processes, procedures, and operations.
• Work with the Private Banking Director and Human Resources to recruit and hire team members.
• Assist with expansion of market presence.
• Complete annual employee evaluations, budget work, and confirmation of incentive plans.
• Resolve employee problems and disputes involving performance, teamwork, work quality, or other workplace matters.
• Serve on internal Bank committees reviewing policies and procedures.
• Support community involvement by serving on external charitable boards and attending functions.
• Support the Bank’s mission, vision, and philosophy and comply with and direct team compliance with organizational policies and procedures.
• Support functions that maintain compliance with regulatory agencies.
• Manage and direct the Private Banking Division, including supervising Private Bankers and support staff.

Benefits

• 401(k) with company match of up to 6%.
• ESOP employer match.
• Medical insurance.
• Dental insurance.
• Vision insurance.
• Cancer/disease insurance.
• Accident insurance.
• Flexible Spending Accounts.
• Flexible Savings Accounts.
• Health Savings Accounts.
• Bank-paid Life/AD&D insurance.
• Voluntary Life/AD&D insurance.
• Bank-paid Short-Term and Long-Term Disability insurance.
• Employee Stock Purchase Plan.
• Employee Assistance Program.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager