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Managing Director/Partner

Managing Director/Partner job description

This role requires expertise in wealth management and extensive experience in leadership, sales and customer relations. Banks require candidates to have at least 10 years of experience in the industry and, at minimum, a bachelor’s degree in business or a related field. An MBA and CFA or other related professional designation are preferred. These professionals should have several years of experience recruiting, developing and retaining top talent, as well as strong communication skills.

Typical managing director/partner duties:

Managing sales and customer relations employees to ensure consistency and quality of product sales and deliveryAcquiring new clients and retaining current clientsRepresenting a region or business line with regard to compliance, risk management, operational support and financial reportingRecruiting and hiring new team membersEvaluating staff, providing training and addressing issues as necessary

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National salary range for Managing Director/Partner

181000 - 259250

Low
181000
The candidate is new to the role or has limited experience and is still developing core skills.
Mid
216500
The candidate has moderate experience in the role or one similar, meets most requirements and may hold transferable skills or relevant certifications.
High
259250
The candidate has extensive experience in the role, demonstrates advanced skills and often brings specialized certifications or industry experience.
Projected salaries for related positions Job title Low Mid High Banking and Financial Markets Vice President 139750 171500 203000 Portfolio Manager 107000 129500 157500 Business Development Officer 97750 123250 148250 Banking and Financial Markets Associate 91250 116250 130500 Banking and Financial Markets Analyst 61500 79500 92500 Banking Operations Specialist 42500 62750 89750 Commercial Lender 77000 93500 110250 Senior Credit Analyst 77250 95250 113750 Credit Analyst 60000 74000 86500 Entry-Level Credit Analyst 51500 63500 81000

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The salary benchmarks in the Salary Guide From Robert Half are the result of a rigorous, multistep process designed to reflect projected market trends for 2027. They are based on actual compensation for professionals Robert Half has placed nationwide, along with third-party job posting data from Textkernel that we use for independent validation. Learn more about our methodology.
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