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

177750 - 254500

25th percentile

177750

The candidate is new to the role and building the needed skills, experience and autonomy.

50th percentile

213500

The candidate has the experience to perform core responsibilities without direct supervision and is comfortable with the role’s processes and subject matter.

75th percentile

254500

The candidate delivers value beyond the stated job duties, has advanced qualifications and experience, and is ready for the next career level.

Projected salaries for related positions

Position title

25th percentile

50th percentile

75th percentile

Vice President – Banking and Financial Markets

135500

167000

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Banking and Financial Markets Associate

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115000

128750

Banking and Financial Markets Analyst

60500

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88000

Business Development Officer

96750

122500

146250

Portfolio Manager

105000

127750

155500

Banker

67000

81750

97500

Credit Analyst, 5+ Years’ Experience

75500

92000

109250

Credit Analyst, 3-5 Years’ Experience

58750

71500

82500

Credit Analyst, 1-3 Years’ Experience

50500

61500

79000

Commercial Lender

74500

89750

105250

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