Job DescriptionThe Wealth Banking Services Managing Director leads a team of private bankers responsible for delivering lending solutions within the Wealth Banking Services wholesale private banking model. Directs the activities and productivity of a team responsible for evaluating client borrowing needs and structures, delivering credit solutions, and providing ongoing oversight of the loan portfolio. In addition to leading team performance, production, credit quality, and execution, the Managing Director personally engages as the direct Banker for the team's most complex or sensitive relationships and transactions. The role is accountable for supporting the standards for managing the loan portfolio in a manner that ensures compliance with banking regulations, policies and procedures, credit standards, and risk expectations. Additionally, supports the Wealth Banking Services relationship manager efforts and ensures objectives and tactics are consistent with overall business strategy.
- Direct activities and productivity of assigned private banking team.
- Responsible for pipeline and performance management.
- Support standards for managing the loan portfolio in a manner that ensures compliance with banking regulations, policies and procedures, credit quality and credit policy requirements.
- Serves as Banker for the portfolio's most complex relationships and transactions.
- Requires National Mortgage Licensing Service (NMLS) registration under the terms of the S.A.F.E. Act of 2008 and Regulation Z and ongoing compliance with all legal or regulatory registration requirements, including, but not limited to maintaining a satisfactory criminal and credit record.
- Actively ensures compliance with the U.S. Bank Code of Ethics and all Anti-Money Laundering, Bank Secrecy Act, information security and suspicious activity reporting requirements, policies and procedures. Actively participate in any required corporate and business line training in these areas. Follow account opening procedures and understand and follow internal suspicious activity referral requirements and processes, as required for this position. Actively work with customers to understand each customer's normal account activity, as appropriate for this position.
Basic Qualifications - Bachelor's or master's degree in accounting, finance or other related field
- Eight or more years of banking experience
- Three 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
Benefits: Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:
- Healthcare (medical, dental, vision)
- Basic term and optional term life insurance
- Short-term and long-term disability
- Pregnancy disability and parental leave
- 401(k) and employer-funded retirement plan
- Paid vacation (from two to five weeks depending on salary grade and tenure)
- Up to 11 paid holiday opportunities
- Adoption assistance
- Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
Review our full benefits available by employment status here.
The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $152,370.00 - 186,230.00
Posting may be closed earlier due to high volume of applicants. 
