Private Banking Manager jobs in North Carolina
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)
Recently Added Private Banking Manager jobs
Accounting Manager - Investments
- Live Oak Banking Company
-
Wilmington, NC
FULL_TIME
- About Us Live Oak Bank is a digital bank that serves small business owners across the country. Our groundbreaking spin on service and technology has fueled our mission to be America’s Small Business Bank. Our products help customers buy, build, and expand their business, and our high-yield savings and CD products help them grow their hard-earned money. At Live Oak, we never lose sight of the well-being of our people. We believe our employees are the heart of our company. Our commitment to our customers and culture is intertwined, and we seek those who embody and embrace what it takes to empower the American dream. How This Role Impacts Live Oak and its People The Accounting Manager - Investments is a highly technical accounting professional responsible for supporting the Accounting Senior Manager - Policy and Chief Accounting Officer by providing technical accounting guidance and assessing the financial accounting impacts & disclosure requirements of complex transactions and initiatives, and new accounting standards. The role is primarily responsible for managing accounting and reporting compliance related to the Company’s alternative investment portfolio, including a variety of investments such as start-up fintech companies, investment tax credits, and fund investments. This role will require on-going collaboration with internal business owners affiliated with various investments to ensure timely and accurate analysis and reporting of financial statement impacts. Additionally, this role will serve as a subject matter expert on financial instruments (primarily equity securities). Furthermore, the role will collaborate with team members and external consultants in fulfillment of responsibilities for Live Oak Banking Company, its affiliate companies, and parent company. Responsibilities will also include, but may not be limited to, accounting & regulatory research, preparation of income tax workpapers, and underlying financial statements and disclosures for SEC, regulatory, and board reporting. What You’ll Do at Live Oak Investments Subject Matter Expert & Portfolio Manager: Manage alternative investment portfolio accounting & reporting, through close partnership with Business Owners, by analyzing initial and add-on transactions, including the initial VIE and accounting treatment analysis for significant influence, as well as on-going performance & transaction monitoring and P&L impacts. Policy Development: Collaborate with other departments to develop, update, maintain, and communicate accounting policies for existing and new transactions in accordance with relevant accounting standards. Stay abreast of changes in accounting standards and assess their impact on the bank's financial reporting. Financial Reporting: Oversee the preparation of schedules and disclosures to support regulatory & SEC reporting and board reports for accounts under your ownership. Policy Implementation and Training: Implement new accounting policies and ensure effective communication and training across relevant departments. Provide ongoing training to Finance, and other teams across the Bank, on changes in accounting policies and procedures. Internal Control Compliance: Work closely with internal audit and lending departments to monitor and enhance internal controls related to financial reporting to ensure the accuracy and integrity of financial information. Audit & Regulatory Support: Coordinate with external auditors and regulators, providing necessary documentation, support, and explanations. Address audit findings and implement corrective actions as needed. Ad hoc Support: Engage in and/or oversee special projects as required. How You’ll Do It Technical Proficiency in Financial Accounting: Deep technical understanding and ability to research accounting & regulatory guidance and prepare memorandums related to proposed transactions or new accounting standards. Collaboration and Communication: Collaborate with internal stakeholders, including Finance, Risk and Compliance to address accounting and reporting matters. Communicate complex accounting concepts and policies in a clear and understandable manner to non-finance stakeholders. Leadership and Mentorship: Provide strong leadership by setting clear expectations, goals, and performance standards for the team. Act as a mentor, guiding team members in their professional development and career growth. Foster a culture of teamwork and collaboration and encourage the sharing of knowledge and best practices among team members. Continuous Improvement: Identify opportunities for process improvements in accounting and financial reporting. Drive initiatives to enhance the efficiency and effectiveness of financial reporting processes. Required and Preferred Experience 5 years of progressive experience in accounting and financial reporting required, with a focus on banking or financial securities highly preferred. Bachelor’s degree in Accounting or Finance, and CPA professional certification required. Master’s degree highly preferred. In-depth understanding of GAAP accounting standards, technical accounting guides, and research tools required. Proficiency in addressing complex technical accounting issues and providing guidance on proper accounting treatment required. Must be organized, resourceful, detail oriented and have excellent written and verbal communication skills with various levels of management. Strong analytical, problem-solving, time management and computer skills, including proficiency with Microsoft Office (Word and Excel) required. Proactive in project planning and execution, able to meet precise deadlines with a quality product, required. Must have a positive attitude and promote a culture of collaboration and teamwork. Must be a self-starter, a team player, flexible, and able to work on several projects simultaneously. Work sponsorship not supported, now or in the future Must be located in Wilmington, NC To Thrive at Live Oak Gravitate to Growth – Shows adaptability and support for changes to improve organizational effectiveness. Communicate and Collaborate – Communicates clearly and thoughtfully, demonstrating empathy in teamwork. Eye of the Tiger – Gets positive results by taking personal responsibility for actions and team outcomes. Know Your Business – Curates and maintains a depth of knowledge and skill to perform one’s job effectively. Customer at the Center – Provides customers with a personalized experience to achieve exceptional outcomes. For a detailed overview of our employee benefits please visit: http://www.liveoakbank.com/careers/ At Live Oak Bank, we are passionately focused on creating an inclusive and genuine environment! We encourage you to apply for roles that you believe you’d be a great fit for, even if you feel your past experience does not perfectly match every requirement. As we continue to grow, our People Team will match the skillsets of current and prior applicants with open roles within our organization. As we say at Live Oak, "Paint the Target!" and go after your goals!" The base pay range for this position is $125,000.00 - $175,000.00 per year. Compensation may also include annual bonuses and long-term incentives, subject to various metrics and company policy. A candidate’s salary is determined by several factors including travel, relevant work experience or skills and expertise. Please note that we provide at least the minimum requirement of paid sick leave to our employees who reside in states that require employer-paid sick leave, including but not limited to Arizona, California, Colorado, District of Columbia, Maine, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New Mexico, New York, Oregon, Rhode Island, Vermont, and Washington. More than just a job, a career at Live Oak is an opportunity to mold the future of the banking industry. Live Oak Bank would not be the top SBA 7(a) and USDA lender in the country without our people. We focus on hiring folks who are dedicated to living our values, every single day. Together, we’re on a mission to be America’s small business bank. At Live Oak we never lose sight of focusing on the wellbeing of our folks. We believe our employees are the heart of our company and drive our commitment to our customers. As part of the Live Oak team, you’ll have the chance to shape the next chapter of banking while supporting the backbone of our nation – small businesses.
- 14 Days Ago
RM Private Banking II
- Texas Capital Bank
-
Four Oaks, NC
FULL_TIME
- Texas Capital is built to help businesses and their leaders. Our depth of knowledge and expertise allows us to bring the best of the big firms at a scale that works for our clients, with highly experi...
- 17 Days Ago
Inside Sales Account Manager
- Private Label Company
-
High Point, NC
FULL_TIME
- Fast growing furniture company is seeking a highly organized and outgoing Inside Sales & Customer Service Associate. This position works closely with our Outside Sales Associates and their clients to ...
- 6 Days Ago
Area Manager
- Area Manager
-
(Statewide Opening), NC
FULL_TIME
- At CalArk, we respect what you have to offer. Our industry-leading wages and benefits ensure you always feel appreciated for what you individually bring to our team. Your talent has a home with us.
- Just Posted
Banking Center Manager
- First Horizon
-
Raleigh, NC
FULL_TIME
- Location: On-site in Raleigh, NC Summary If you’re a natural leader and want to lead a team at a strong company with exceptional support, then you’ll want to be one of our banking center managers! You...
- 9 Days Ago
Banking Center Manager
- First Horizon
-
Wilkesboro, NC
FULL_TIME
- Location: On-site in Wilkesboro, North Carolina Summary If you’re a natural leader and want to lead a team at a strong company with exceptional support, then you’ll want to be one of our banking cente...
- 16 Days Ago
Private Banking Manager jobs at Popular Companies
RN Registered Nurse - Surgical, Oncology, General Medicine, Hospice
- Ascension
-
Grand Blanc, MI
- Details Sign-on Bonus: $20,000 Department: Surgical, Oncology, General Medicine, Hospice Schedule: Full Time Nights 7P-7...
- 6/11/2024 12:00:00 AM
RN Registered Nurse - Emergency Department
- Ascension
-
Grand Blanc, MI
- Details Sign-on bonus: $20,000.00 Department: Emergency Department Schedule: Full Time Nights 7 pm - 7:30 am Monday- Fri...
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Private Client Market Leader - Mid Atlantic (Pittsburg, PA/Western NY)
- Citizens
-
Buffalo, NY
- Description At Citizens, our mission is to help clients, colleagues and communities reach their potential. We do this th...
- 6/10/2024 12:00:00 AM
Private Client Market Leader - Mid Atlantic (Pittsburg, PA/Western NY)
- Citizens
-
Albany, NY
- Description At Citizens, our mission is to help clients, colleagues and communities reach their potential. We do this th...
- 6/10/2024 12:00:00 AM
Private Client Market Leader - Mid Atlantic (Pittsburg, PA/Western NY)
- Citizens
-
Syracuse, NY
- Description At Citizens, our mission is to help clients, colleagues and communities reach their potential. We do this th...
- 6/10/2024 12:00:00 AM
Private Client Market Leader - Mid Atlantic (Pittsburg, PA/Western NY)
- Citizens
-
Rochester, NY
- Description At Citizens, our mission is to help clients, colleagues and communities reach their potential. We do this th...
- 6/10/2024 12:00:00 AM
Private Client Market Leader - Mid Atlantic (Pittsburg, PA/Western NY)
- Citizens
-
Pittsburgh, PA
- Description At Citizens, our mission is to help clients, colleagues and communities reach their potential. We do this th...
- 6/10/2024 12:00:00 AM
SVP, Private Banker
- NexBank
-
Dallas, TX
- Company Overview: Originally founded in 1922 and headquartered in Dallas, Texas, NexBank (the “Bank”) is part of NexBank...
- 6/10/2024 12:00:00 AM
About North Carolina
North Carolina (/ˌkærəˈlaɪnə/ (listen)) is a state in the southeastern region of the United States. It borders South Carolina and Georgia to the south, Tennessee to the west, Virginia to the north, and the Atlantic Ocean to the east. North Carolina is the 28th-most extensive and the 9th-most populous of the U.S. states. The state is divided into 100 counties. The capital is Raleigh, which along with Durham and Chapel Hill is home to the largest research park in the United States (Research Triangle Park). The most populous municipality is Charlotte, which is the second-largest banking center in...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Private Banking Manager jobs
$172,509 to $245,651
Most Popular Cities in North Carolina for Private Banking Manager Jobs
What does a Private Banking Manager do?
Private Banking Manager in Columbus, OH
That the largest financial institutions in the country, ones that gave birth to the concept of private banking, have distanced themselves from the term may appear to be a subtle shift, but it is symbolic of a much larger one happening across the private banking industry as institutions enter a new era.
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Private Banking Manager in Anchorage, AK
Private banks and wealth management firms usually require a minimum balance.
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Private Banking Manager in Troy, NY
Talk with us today to see how The Private Bank can help you.
December 18, 2019