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Senior Banking Executive

2 months ago


Dallas, Texas, United States Northern Trust Corp Full time

Position Overview:

The Senior Banking Director plays a pivotal role in fostering new client relationships for Northern Trust's private banking division. This position involves overseeing and mentoring a team of banking professionals, with a focus on expanding the banking portfolio, which includes loans, deposits, and fees, while also promoting trust and investment services.

Key Responsibilities:

  • Develop and nurture new banking relationships, encompassing loans, deposits, and fees, to enhance Northern Trust's market presence.
  • Lead and manage a team of banking professionals, ensuring the growth and retention of the team's banking business.
  • Oversee a diverse portfolio of banking and lending clients, aligning services with the specific needs of the team.
  • Engage in sourcing and directing new business opportunities, collaborating with team members to enhance client relationships.
  • Participate actively in performance management, identifying training needs and establishing performance benchmarks for the team.
  • Work closely with Banking Practice Leaders to assess staffing requirements and make informed hiring decisions.
  • Contribute to salary administration and ensure that necessary resources are allocated to meet business priorities.
  • Assist in formulating the team's business strategy, setting objectives, and ensuring successful execution.
  • Provide leadership and support to banking partners, fostering a collaborative and communicative work environment.
  • Conduct market research to identify potential clients and initiate outreach to promote the bank's comprehensive services.
  • Address complex operational and organizational challenges by leveraging appropriate resources.

Essential Skills and Qualifications:

  • Proven expertise in business development within the banking sector.
  • Extensive knowledge of banking operations and credit solutions, supported by formal education and practical experience.
  • Understanding of investment, trust, and personal financial consulting to identify cross-selling opportunities.
  • Strong decision-making, negotiation, and delegation capabilities.
  • Effective leadership and organizational skills to guide team objectives and resource allocation.
  • Ability to apply insights into key business drivers to enhance departmental performance.

Experience and Education Requirements:

  • A college degree is required, along with a minimum of 10 years of experience in banking and credit-related roles.
  • Demonstrated experience in team management, prioritizing group objectives, and aligning resources with business goals.

About Northern Trust:

Northern Trust is a distinguished financial institution with a rich history of providing exceptional services to clients worldwide. We are committed to fostering an inclusive workplace and supporting the communities we serve.