Hybrid Director of Private Banking – Major Metro Markets

at Associated Bank

• Job title: Director of Private Banking – Major Metro Markets
• Job type: Full Time
• Experience level: Lead
• Salary: $170,380 - $292,080 per year
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Minneapolis, United States

About the role

• Director of Private Banking managing strategy, growth, and performance at Associated Bank. Leading a team to deliver financial solutions and strengthen market presence.

Responsibilities

• Lead the development and execution of the Private Banking business plan to drive asset growth, deepen client relationships, and expand market presence.
• Drive new business through personal relationship development, Centers of Influence, and cross‑bank partnerships, fostering a strong client‑focused sales culture.
• Oversee risk management activities, ensuring all client relationships and operations comply with credit policy, regulatory requirements, and internal controls.
• Direct sales strategy, partnering with business line leaders and supporting Relationship Managers in client acquisition, retention, and complex financial solutions.
• Guide product development to ensure competitive offerings and ensure teams are trained to deliver tailored solutions to high‑net‑worth clients.
• Lead strategic planning, budgeting, forecasting, and incentive compensation design for the Private Banking business.
• Represent the bank in community and industry activities to strengthen brand visibility and build referral networks.

Requirements

• Bachelor’s degree in Business, Finance, or Accounting (or equivalent experience).
• 7+ years in banking, commercial lending, financial planning, or investments with a proven track record of asset growth.
• 7+ years working with high‑net‑worth clients and deep knowledge of banking products and business development.
• Ability to meet S.A.F.E. Act registration requirements.
• Reliable transportation and ability to drive as needed.
• CFP or CTFA certification preferred.
• Experience leading a high‑performing Private Banking or Wealth Management team.

Benefits

• Retirement savings including both 401(k) and Pension plans.
• Paid time off to volunteer in your community.
• Opportunities to connect with others through our diversity-focused Colleague Resource Groups.
• Competitive salaries with professional development and advancement opportunities.
• Bonus benefits including well-being programs and incentives, parental leave, an employee stock purchase plan, military benefits and much more.
• Personal banking, loan, investment and insurance benefits.