Managing Director/Partner Banking and Financial Markets

Managing Director/Partner Job Description

This role requires expertise in wealth management and extensive experience in leadership, sales and customer relations. Banks require candidates to have at least 10 years of experience in the industry and, at minimum, a bachelor’s degree in business or a related field. An MBA and CFA or other related professional designation are preferred. These professionals should have several years of experience recruiting, developing and retaining top talent, as well as strong communication skills.

Typical managing director/partner duties:

Managing sales and customer relations employees to ensure consistency and quality of product sales and delivery

Acquiring new clients and retaining current clients

Representing a region or business line with regard to compliance, risk management, operational support and financial reporting

Recruiting and hiring new team members

Evaluating staff, providing training and addressing issues as necessary

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Salary for Managing Director/Partner Banking and Financial Markets

175500 - 251500

25th percentile

175500

New to the role, with little or no experience; requires more than casual instruction or supervision to perform day-to-day duties

50th percentile

211000

Has the experience to consistently perform core responsibilities without direct supervision; very comfortable with processes and subject matter associated with the role

75th percentile

251500

Value to the organization goes far beyond the ability to perform normal job duties; has rare qualifications that enable consistent contribution in unique ways; ready for next career level when available

Projected salaries for related positions

Position title

25th percentile

50th percentile

75th percentile

Vice President – Banking and Financial Markets

133750

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96500

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104750

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Private Banker, 5+ Years' Experience

88500

107500

127250

Private Banker, 3-5 Years' Experience

65500

80000

95250

Private Banker, 1-3 Years' Experience

52750

63000

74500

Credit Analyst, 5+ Years' Experience

75000

91250

108500

Credit Analyst, 3-5 Years' Experience

58250

70500

81750

Credit Analyst, 1-3 Years' Experience

49750

60750

78000

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