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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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Salary for Managing Director/Partner
179000 - 256750
Low
179000
The candidate is new to the role or has limited experience and is building necessary skills.
Mid
214750
The candidate has moderate experience in the role, meets most requirements or has equivalent transferable skills, and may also have relevant certifications.
High
256750
The candidate has extensive experience and advanced skills for the role, and may also have specialized certifications.
Projected salaries for related positions Job title Low Mid High Vice President of Banking and Financial Markets 138750 170000 200750 Portfolio Manager 105750 128250 155750 Business Development Officer 96750 122500 146250 Banking and Financial Markets Associate 90250 115000 128750 Banking and Financial Markets Analyst 60750 78500 90250 Banking Operations Specialist 41750 62000 89000 Commercial Lender 76250 92250 108750 Senior Credit Analyst 76500 94250 111500 Credit Analyst 59250 73000 84750 Entry-Level Credit Analyst 51000 62750 80000

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Our starting salary projections come from a rigorous, multistep process so that our numbers accurately reflect the marketplace. They are based on actual compensation for professionals Robert Half has matched with employers across the country and third-party job posting data from Textkernel that we use to independently validate the salary levels. Starting compensation—pay for someone new to a role—can vary significantly based on a candidate’s skills, experience and certifications, as well as other factors including industry, company size and revenue, and demand for the role. To reflect this variability, we report our salary data in three levels: low, mid and high.