Managing Director, Private Banking at U.S. Bank in Seattle, WA

At U.S. Bank, we're passionate about helping customers and the communities where we live and work. The fifth-largest bank in the United States, we're one of the country's most respected, innovative and successful financial institutions. U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.

Job Description

At U.S. Bank, we're passionate about helping customers and the communities where we live and work. The fifth-largest bank in the United States, we're one of the country's most respected, innovative and successful financial institutions. U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.

U.S. Bank's Ascent Private Capital Management seeks a Managing Director of Private Banking (MD, Banking). The MD, Banking will be the senior banker of the multi-disciplinary, Seattle-based, Pacific Northwest regional team, exclusively serving ultra-high net worth (UHNW) families with average net worth above $300MM. The MD, Banking is responsible for managing and growing the PNW team's banking business for family office clients, including: lending, deposits, mortgage, cash management and all related banking products and services.

Ascent offers a collegial and highly-collaborative culture focused on proactive, customized solutions for its' family office clients. Ascent clients benefit from a state-of-the-industry UHNW advisory platform that includes banking, open architecture investment management, trust and estate services, multigenerational and succession planning, and family leadership and legacy offerings including education, family governance, philanthropic planning and family history.

The MD, Banking will serve as lead and subject-matter expert for banking services provided to team clients, and should also embrace the challenge of growing the banking business through proactive client engagement and development of new clients and opportunities.

It is imperative the MD, Banking have strong credit acumen, including comprehensive knowledge of deal structure, as he or she ultimately will approve all underwriting content. Applicants must have a UHNW, commercial, commercial real estate or corporate banking background. He or she should have experience with a wide range of lending solutions of $10MM+, including: liquid asset secured lines, residential and commercial real estate financing, aircraft and yacht financing, unsecured lines and loans, and other customized lending. The MD, Banking should be comfortable evaluating client financial information and serving as a credit consultant to proactively suggest solutions to clients.

Likewise, the MD, Banking must have excellent interpersonal skills, and be outwardly focused to develop and cultivate a strong external network of professionals, both inside and outside of U.S. Bank, to identify and pursue banking opportunities as a gateway to broader Ascent engagement.

This position requires National Mortgage Licensing System (NMLS) registration under the terms of the S.A.F.E. Act of 2008 and Regulation Z. The MD, Banking will be subject to the required registration process, which includes a criminal background and credit check. Failure to meet or maintain any of the NMLS registration requirements, including maintaining a satisfactory criminal and credit record, may result in a rescission of offer or termination of employment.

Qualifications

Basic Qualifications
- Bachelor's or Master's degree in Accounting, Finance or other related field
- 10 or more years of banking experience
- Five or more years of managerial experience

Preferred Skills/Experience
- Expert knowledge of unit(s) and relation to industry
- Strong leadership abilities and strategic management skills
- Excellent presentation, verbal and written communication skills
- Strong analytical, decision-making and problem-solving skills
- Considerable tact, diplomacy and people skills

Job

Relationship Management

Primary Location

Washington-WA-Seattle

Shift

1st - Daytime

Average Hours Per Week40

Benefits:
Take care of yourself and your family with U.S. Bank employee benefits. We know that healthy employees are happy employees, and we believe that work/life balance should be easy to achieve. That's why we share the cost of benefits and offer a variety of programs, resources and support you need to bring your full self to work and stay present and committed to the people who matter most - your family.

Learn all about U.S. Bank employee benefits, including tuition reimbursement, retirement plans and more, by visitingusbank.com/careers.

EEO is the Law
Applicants can learn more about the company's status as an equal opportunity employer by viewing the federal EEO is the Law poster.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about theE-Verify program.