Role Overview for EVP, Head of Private Banking with a Global Bank – Miami, FL
JRG Partners has been exclusively retained by a prestigious, top-tier global bank to identify an exceptional leader for the position of Executive Vice President, Head of Private Banking for their flourishing Miami office. This is a rare and career-defining opportunity to take the helm of a critical, high-growth market and shape the future of wealth management for Ultra-High-Net-Worth (UHNW) individuals and families across Florida and Latin America.
The Miami office serves as a strategic gateway for international wealth, and this role is central to the bank’s overarching global strategy. The successful candidate will be a visionary leader, a consummate relationship builder, and a strategic business driver with a profound understanding of the complexities and nuances of the UHNW space. This individual will be granted significant autonomy to build upon a strong existing foundation, driving innovation, expanding market share, and cultivating a culture of excellence.
As the senior-most executive for Private Banking in the region, you will be responsible for the division’s strategic direction, financial performance, talent development, and unwavering commitment to client service. You will not only manage a team of seasoned professionals but also act as the face of the bank in the community, fostering deep relationships with key clients, intermediaries, and centers of influence. This role demands a unique blend of executive presence, commercial acumen, and inspirational leadership to navigate a dynamic market and deliver exceptional results.
Key Responsibilities of EVP, Head of Private Banking with a Global Bank – Miami, FL
The EVP, Head of Private Banking will have a broad and impactful mandate, with responsibilities spanning strategy, business development, client management, team leadership, and risk oversight. Success in this role will be measured by revenue growth, net new assets, client satisfaction, team performance, and adherence to the highest ethical and regulatory standards.
Strategic Leadership & Vision
Develop and execute a comprehensive, multi-year strategic plan for the Private Banking division in the Miami market. Identify and capitalize on emerging trends, competitive threats, and new market opportunities to ensure sustainable, long-term growth.
Business Development & P&L Management
Assume full P&L responsibility for the division, including budgeting, forecasting, and expense management. Drive aggressive and profitable growth in assets under management (AUM), revenue, and client acquisition. Personally lead efforts to source, develop, and close significant new business with UHNW clients.
UHNW Client Relationship Management
Serve as the senior relationship manager and trusted advisor for the bank’s most significant and complex client relationships. Ensure the delivery of a superior, holistic client experience by marshaling the bank’s full suite of resources, including investment management, trust and estate planning, credit, and family office services.
Team Leadership & Talent Development
Lead, mentor, and inspire a high-performing team of Private Bankers, Investment Advisors, and support staff. Foster a collaborative, client-centric, and results-oriented culture. Actively recruit, develop, and retain top-tier talent to build the strongest team in the market.
Risk Management & Compliance
Uphold the highest standards of integrity and ethical conduct. Ensure unwavering adherence to all internal policies and external regulations. Maintain a robust control environment to mitigate operational, reputational, and compliance risks. This includes a deep understanding of regulatory frameworks established by authorities like FINRA and the SEC.
Brand & Market Presence
Act as a key ambassador for the bank in the local and regional community. Enhance the bank’s brand and visibility by participating in industry events, community leadership roles, and targeted networking opportunities.
Collaboration & Partnership
Work seamlessly with partners across other divisions of the bank, including the Investment Bank, Commercial Bank, and Asset Management, to deliver integrated solutions to clients and drive enterprise-wide synergies.
Requirements for the EVP, Head of Private Banking with a Global Bank – Miami, FL
This senior executive position requires a candidate with a distinguished career in private banking, exceptional leadership qualities, and a deep connection to the target market. The ideal candidate will possess:
Experience
A minimum of 15-20 years of progressive experience in private banking or wealth management, with at least 7-10 years in a senior leadership role managing teams and P&L.
Track Record
A demonstrable and verifiable track record of success in building and leading a private banking business, including significant achievements in asset gathering, revenue growth, and talent development.
Client Focus
Extensive experience and a strong personal network among Ultra-High-Net-Worth (UHNW) clients, family offices, and their advisors, particularly within the South Florida and Latin American markets.
Education
A Bachelor’s degree in Finance, Economics, Business, or a related field is required. A Master’s degree in Business Administration (MBA) or a related advanced degree is strongly preferred.
Certifications
Professional designations such as Certified Financial Planner (CFP), Chartered Financial Analyst (CFA), or Certified Private Wealth Advisor (CPWA) are highly advantageous.
Licenses
Active and in-good-standing FINRA Series 7, 24, and 66 (or 63 & 65) licenses are required.
Leadership Skills
Exceptional leadership and management skills with the ability to inspire, motivate, and develop a diverse team of professionals. Proven ability to set a clear vision and execute against it.
Technical Expertise
Deep expertise across a wide range of financial products and services, including sophisticated investment strategies, credit solutions, and complex trust and estate planning.
Language Skills
Fluency in English is required. Professional proficiency in Spanish and/or Portuguese is highly desirable given the geographic focus of the role.
Benefits & Perks Offered
Our client offers a world-class compensation and benefits package designed to attract and retain the industry’s top talent. This includes:
Executive Compensation Package
A highly competitive base salary commensurate with experience and market standards.
Performance-Based Incentive
A significant annual bonus structure tied to individual, divisional, and firm-wide performance.
Long-Term Incentive Plan (LTIP)
Participation in equity or deferred compensation plans that reward long-term value creation.
Comprehensive Health & Wellness
Premier medical, dental, vision, and life insurance plans for you and your family. Access to executive wellness programs and resources.
Retirement Savings
A 401(k) plan with a generous company match and profit-sharing components.
Professional Development
A substantial budget for continuing education, industry conferences, and leadership development programs.
Generous Paid Time Off
A flexible and generous vacation, holiday, and personal day policy.
Relocation Assistance
A comprehensive relocation package is available for exceptional candidates moving to the Miami area.
How to Apply
This is an exclusive and confidential search conducted by JRG Partners. We are seeking a truly exceptional leader to fill this pivotal role. If you meet the qualifications and are ready to take on a new challenge at the pinnacle of the private banking industry, we encourage you to apply.
To express your interest, please submit your confidential resume and a cover letter outlining your suitability for the role. All inquiries and applications will be handled with the utmost discretion.
JRG Partners is a leader in executive search for the financial services industry. To learn more about our expertise in this sector, please visit our Financial Services Executive Search practice page.
