How much does a Private Banking Manager make in Brooklyn, NY? The average Private Banking Manager salary in Brooklyn, NY is $199,976 as of September 01, 2024, but the range typically falls between $179,058 and $220,484. Salary ranges can vary widely depending on many important factors, including
education, certifications, additional skills,
the number of years you have spent in your profession.
With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
1.
Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
2.
Trading: Trading is the act or process of buying, selling, or exchanging commodities, at either wholesale or retail, within a country or between countries.
3.
Professional Development: Professional development refers to continuing education and career training after a person has entered the workforce in order to help them develop new skills, stay up-to-date on current trends, and advance their career.
Mastering certain skills can make the compensation of a Private Banking Manager higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master Decision Making, you can get a 6% salary raise. If you are good at Problem Solving, your salary will increase by 6%.If you are expert in Flexibility, your salary will rise by 6%.
Facing Salary Structure Challenges? Let Our Expert Guide You
The job market is increasingly challenging. Our whitepaper, Navigating the Challenges of Creating Salary Structures, offers guidance on creating salary structures. Provide your phone number and work email to download the full version.
We will handle your contact details in line with our Privacy Policy.
If you prefer not to receive marketing emails from Salary.com, you can opt-out out of marketing communications at any time by clicking unsubscribe.
All times are listed as US Eastern time (Boston/New York)
9:00 AM-9:30 AM
9:30 AM-10:00 AM
10:00 AM-10:30 AM
10:30 AM-11:00 AM
11:00 AM-11:30 AM
11:30 AM-12:00 PM
12:00 PM-12:30 PM
12:30 PM-1:00 PM
1:00 PM-1:30 PM
1:30 PM-2:00 PM
2:00 PM-2:30 PM
2:30 PM-3:00 PM
3:00 PM-3:30 PM
3:30 PM-4:00 PM
4:00 PM-4:30 PM
4:30 PM-5:00 PM
5:00 PM-5:30 PM
5:30 PM-6:00 PM
6:00 PM-6:30 PM
6:30 PM-7:00 PM
7:00 PM-7:30 PM
7:30 PM-8:00 PM
Job Description for Private Banking Manager
Private Banking Manager manages a team of private banking officers who are responsible for individuals with high net-worth. Oversees and monitors the private banking officers' deposit and loan volume and ensures policies and procedures are met. Being a Private Banking Manager ensures that existing client relationships are sustained and nurtured. Acts as an advisor for complex credit decisions. Additionally, Private Banking Manager mentors and trains team. Requires a bachelor's degree. Typically reports to a director. The Private Banking Manager typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. To be a Private Banking Manager typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. (Copyright 2024 Salary.com)...
View full job description
Salary.com job board provides millions of Private Banking Manager information for you to search for. Click on search button below to see Private Banking Manager job openings or enter a new job title here.
Job Openings for Private Banking Manager
in Brooklyn, NY
Description. At Citizens, tailored advice, personalized experiences, and innovative ideas, products, and solutions, are central to helping clients navigate...
Description. At Citizens, tailored advice, personalized experiences, and innovative ideas, products, and solutions, are central to helping clients navigate...
Consumer and Business Banking Graduate Intern. New York, United States of America. Summary of Responsibilities. This position is for a 10-week Summer Inter...
Description. Private Client Relationship Manager - Dewitt (Fayetteville), NY Hubbed Circuit. At Citizens, tailored advice, personalized experiences, and in...
- 1 Day Ago
Career Path for Private Banking Manager
A career path is a sequence of jobs that leads to your short- and long-term career goals.
Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.
For Private Banking Manager, the first career path typically progresses to Financial Advising Director.
Additionally, the second career path typically progresses to Private Banking Director.
Those that have already made the climb...
Pamela J. Shelley-Kessler, Co-President, Chief Financial Officer and Corporate Secretary
LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC's investment portfolio includes 208 properties in 27 states wi... More
LTC PROPERTIES INC
Company Description
Fiscal Year Ended in 2023
What does a Private Banking Manager do?
Private Banking Manager in Chicago, IL
A wealth manager for high net-worth individuals and families, needs to learn how to identify and analyze challenges these clients face, and understand how to develop specific strategies to minimize tax, monetize and protect assets, maximize growth and transfer wealth.
December 16, 2019
Private Banking Manager in Rockford, IL
That’s why the RBC Private Banking model provides you with a private banker, supported by a dedicated private banking associate and a manager of credit structures.
November 27, 2019
Private Banking Manager in Rock Hill, SC
And Europe cracked down on tax evasion, driving clients to pull tens of billions of dollars out of Switzerland and forcing private banks there to seek new pockets of wealth.
Private Banking Manager Pay Difference by Location
Private Banking Manager salary varies from city to city.
Compared with national average salary of Private Banking Manager, the highest Private Banking Manager salary is in San Francisco, CA, where the Private Banking Manager salary is 25.0% above.
The lowest Private Banking Manager salary is in Miami, FL, where the Private Banking Manager salary is 3.5% lower than national average salary.
Brooklyn totals 97 square miles (250 km2) in area, of which 71 square miles (180 km2) is land (73%), and 26 square miles (67 km2) is water (27%); the borough is the second-largest in land area among the boroughs of New York City. However, Kings County, coterminous with Brooklyn, is New York State's fourth-smallest county by land area and third-smallest by total area. Brooklyn lies at the southwestern end of Long Island, and the borough's western border constitutes the island's western tip. Brooklyn's water borders are extensive and varied, including Jamaica Bay; the Atlantic Ocean; The Narrows...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Browse Related Job Categories With Private Banking Manager
A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries.
Private Banking Manager salary varies from category to category.
Click below to see Private Banking Manager salary in different categories.
Take just three simple steps below to generate your own personalized salary report
Step 1 of 3
Understand the total compensation opportunity for a Private Banking Manager, base salary plus other pay elements
Average Base Salary
Core compensation
 
 
 
179058
220484
199976
Average Total Cash Compensation
Includes base and annual incentives
 
 
 
211282
300871
256176
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Private Banking Manager in Brooklyn, NY. The base salary for Private Banking Manager ranges from $179,058 to $220,484 with the average base salary of $199,976. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $211,282 to $300,871 with the average total cash compensation of $256,176.
About Brooklyn, New York Brooklyn totals 97 square miles (250 km2) in area, of which 71 square miles (180 km2) is land (73%), and 26 square miles (67 km2) is water (27%); the ....More