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# Head of Private Banking with a Wealth Management Firm – Miami, FL


Role Overview for Head of Private Banking with a Wealth Management Firm – Miami, FL
JRG Partners is proud to partner with a premier, globally recognized wealth management firm in their search for a dynamic and visionary Head of Private Banking. This executive leadership position, based in the vibrant financial hub of Miami, Florida, represents a unique opportunity to shape the future of a high-growth division dedicated to serving the complex needs of high-net-worth (HNW) and ultra-high-net-worth (UHNW) individuals, families, and foundations. Miami’s burgeoning status as a global center for finance and investment creates an unparalleled backdrop for this role, offering immense potential for growth and market capture.
The successful candidate will be a strategic leader with a profound understanding of the private banking landscape, a proven track record of driving significant business growth, and an unwavering commitment to delivering exceptional client service. As the Head of Private Banking, you will be responsible for the overall strategic direction, financial performance, and operational excellence of the Miami-based private banking division. You will lead a talented team of private bankers and support staff, fostering a culture of collaboration, integrity, and high performance.
This role requires a blend of sophisticated financial acumen, inspirational leadership, and a deep network within the HNW/UHNW community. You will serve as the face of the private banking practice in the region, building the firm’s brand and reputation while forging lasting relationships with key clients and centers of influence. This is more than a job; it is a career-defining opportunity to build a legacy within a prestigious organization at the forefront of the wealth management industry.
Key Responsibilities of Head of Private Banking with a Wealth Management Firm – Miami, FL
The Head of Private Banking will have a broad and impactful scope of responsibilities, encompassing strategic leadership, business development, client management, team leadership, and rigorous risk management.
Strategic Leadership & Vision

Develop and execute a comprehensive, multi-year strategic plan for the private banking division, aligning with the firm’s overall objectives and targeting aggressive growth in assets under management (AUM), client acquisition, and revenue.
Continuously analyze market trends, competitive landscapes, and economic shifts to identify new opportunities and potential threats, adjusting strategy accordingly to maintain a competitive edge.
Champion innovation in product offerings, service delivery models, and client engagement technologies to enhance the client experience and attract the next generation of wealth.
Serve as a key member of the firm’s senior leadership team, contributing to broader firm-wide strategy and initiatives and ensuring the private banking division is fully integrated with other business lines such as investment management, trust, and estate planning.

Business Development & Growth

Act as the chief rainmaker for the division, personally cultivating and managing a select portfolio of key UHNW client relationships.
Drive the new business pipeline by leading marketing and business development efforts, including hosting exclusive events, speaking at industry conferences, and publishing thought leadership content.
Build and maintain a robust network of external referral sources, including attorneys, CPAs, family office executives, and other centers of influence, to generate a consistent flow of qualified leads.
Oversee the development and negotiation of complex client proposals and pricing structures, ensuring profitability while delivering exceptional value.

Team Management & Development

Lead, mentor, and inspire a team of Private Bankers, Wealth Advisors, and support staff, fostering a collaborative and high-performance culture.
Establish clear performance goals (KPIs) and objectives for the team, regularly monitoring progress and providing constructive feedback and coaching to ensure success.
Recruit, hire, and onboard top-tier talent, building a best-in-class team with diverse skills and deep market expertise.
Champion professional development by identifying training needs and providing opportunities for continuous learning, career advancement, and skill enhancement for all team members.

Client Relationship Management

Ensure the delivery of an unparalleled, white-glove service experience for all clients, solidifying the firm’s reputation for excellence and client-centricity.
Act as a senior point of escalation for complex client issues, providing expert guidance and ensuring swift and satisfactory resolution.
Oversee the client relationship management process, ensuring that comprehensive wealth plans are developed, implemented, and regularly reviewed to meet clients’ evolving goals and needs.
Promote a holistic approach to wealth management, ensuring clients have access to the full spectrum of the firm’s capabilities, including investment management, credit solutions, trust and estate planning, and philanthropic advisory.

Risk Management & Compliance

Uphold the highest standards of integrity and ethical conduct, ensuring that all business activities are conducted in full compliance with regulatory requirements and internal policies.
Oversee the division’s risk management framework, identifying, assessing, and mitigating potential risks related to credit, market, operational, and reputational factors.
Ensure rigorous adherence to all pertinent FINRA regulations, SEC guidelines, and other legal and compliance mandates.
Collaborate closely with the firm’s compliance, legal, and audit departments to ensure a robust control environment is maintained at all times.

Requirements for the Head of Private Banking with a Wealth Management Firm – Miami, FL
The ideal candidate will possess a distinguished career in financial services, characterized by progressive leadership roles and a demonstrated ability to build and scale a successful private banking business.
Professional Experience

A minimum of 15 years of experience in private banking or wealth management, with at least 7-10 years in a senior leadership role managing a team of revenue-generating professionals.
A proven and verifiable track record of success in driving significant AUM and revenue growth.
Deep experience working with UHNW clients ($25M+ net worth) and a thorough understanding of their complex financial needs, including sophisticated investment strategies, trust and estate planning, and customized credit solutions.
An extensive and portable network of HNW/UHNW clients and centers of influence, particularly within the Miami and broader South Florida market.

Education & Certifications

Bachelor’s degree in Finance, Economics, Business Administration, or a related field is required.
An MBA or other advanced degree is highly preferred.
Professional designations such as Certified Financial Planner (CFP®), Chartered Financial Analyst (CFA®), or Certified Private Wealth Advisor (CPWA®) are strongly desired.
Active FINRA Series 7, 66 (or 63 & 65), and 24 licenses are required.

Skills & Competencies
Exceptional Leadership
The ability to inspire, motivate, and develop a high-performing team.
Strategic Mindset
The capacity to think critically, develop long-term plans, and make data-driven decisions.
Business Acumen
Strong financial and operational management skills with a deep understanding of the P&L of a private banking business.
Client-Centricity
A genuine passion for understanding and serving the needs of clients.
Communication Skills
Superior verbal, written, and presentation skills, with the ability to articulate complex financial concepts to a sophisticated audience.
Integrity
Unquestionable personal and professional integrity and a commitment to ethical conduct.
Bilingual
Fluency in both English and Spanish is highly advantageous for the Miami market.
Benefits & Perks Offered
Our client is committed to attracting and retaining top talent by offering a highly competitive and comprehensive compensation and benefits package. This includes:
Highly Competitive Compensation
A lucrative base salary complemented by a significant performance-based bonus structure tied to individual and divisional success.
Comprehensive Health & Wellness
Premium medical, dental, and vision insurance plans for you and your eligible dependents, along with a generous wellness stipend.
Retirement Planning
A robust 401(k) plan with a significant employer match to help you plan for your future.
Generous Paid Time Off
A competitive vacation, sick leave, and personal day policy, in addition to firm holidays.
Professional Development
A strong commitment to your growth, with financial support for continuing education, industry certifications, and attendance at key conferences.
Work-Life Balance
A culture that respects the importance of life outside of work, with support for flexible arrangements where possible.
Additional Perks
May include benefits such as paid parental leave, life and disability insurance, and opportunities for equity participation.
How to Apply
This is a confidential search being conducted exclusively by JRG Partners. If you are a qualified leader with the experience and ambition to take on this challenging and rewarding role, we encourage you to apply. To submit your resume and a cover letter detailing your qualifications, please contact our dedicated executive search team.
JRG Partners is a leader in executive recruitment for the financial services industry. We specialize in connecting elite talent with the nation’s top wealth management firms, banks, and family offices. To learn more about our expertise in this area, please visit our Wealth Management Recruiting practice page. We look forward to reviewing your credentials and discussing this exceptional opportunity with you.