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Private Banking Jobs in Reston, VA (NOW HIRING)

Qualifications: 15+ years of experience Extensive and proven experience in Private Banking having covered the UHNW market / Extensive experience in working with and/or leading client teams and ...

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At Bank of America, we are guided by a common purpose to help make financial lives better through ... Ability to present to clients a holistic approach, leveraging the entire Private Bank platform

At Bank of America, we are guided by a common purpose to help make financial lives better through ... Ability to present to clients a holistic approach, leveraging the entire Private Bank platform

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Private Banking information

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$63

How much do private banking jobs pay per hour?

As of Sep 1, 2026, the average hourly pay for private banking in Reston, VA is $31.36, according to ZipRecruiter salary data. Most workers in this role earn between $21.01 and $40.24 per hour, depending on experience, location, and employer.

What is private banking?

Private banking is a personalized financial and banking service offered to high-net-worth individuals (HNWIs). It typically includes tailored investment advice, wealth management, estate planning, tax services, and exclusive banking products. Private bankers work closely with clients to understand their financial goals and provide customized solutions. The services are designed to help clients grow, manage, and protect their wealth efficiently, often with a high level of confidentiality. Access to private banking usually requires a substantial minimum amount of investable assets.

How does a private banker typically collaborate with other financial professionals to serve clients effectively?

Private Bankers regularly work closely with a team of specialists, including investment advisors, tax experts, and estate planners, to deliver comprehensive financial solutions tailored to each client's needs. This collaborative approach ensures clients receive holistic advice and seamless service across multiple aspects of wealth management. As a Private Banker, you will often coordinate meetings, share updates, and jointly develop strategies with these professionals to address complex client goals and maintain strong, long-term relationships.

What are the key skills and qualifications needed to thrive as a private banker, and why are they important?

To thrive as a Private Banker, you need a solid background in finance, investment strategies, and relationship management, usually supported by a degree in finance or economics and relevant financial certifications. Familiarity with wealth management platforms, CRM systems, and regulatory compliance tools is typically required. Exceptional interpersonal skills, discretion, and the ability to build trust with high-net-worth clients are crucial soft skills in this role. These abilities are vital for effectively managing client portfolios, ensuring regulatory adherence, and delivering personalized financial solutions that foster long-term client relationships.

What is the difference between Private Banking vs Wealth Management?

AspectPrivate BankingWealth Management
CredentialsCertifications like CFP, CFA often preferredSame certifications, plus financial planning credentials
Work EnvironmentHigh-net-worth client offices, personalized servicesBroader client base, including individuals and institutions
Employer & Industry UsagePrivate banks, boutique financial firmsBanks, independent firms, financial advisory companies
Search & Comparison IntentOften compared for personalized services and client focusCompared for comprehensive financial planning

Private Banking and Wealth Management both serve high-net-worth clients but differ mainly in scope. Private Banking focuses on personalized banking services, while Wealth Management offers broader financial planning and investment advice. Understanding these differences helps clients choose the right service for their financial needs.

Do private bankers make good money?

Private bankers typically earn high salaries that include base pay, bonuses, and commissions based on client assets and performance. Compensation can vary widely depending on experience, location, and the size of the client portfolio, with successful private bankers often earning six-figure incomes or higher.

How to start a career in private banking?

To start a career in private banking, candidates typically need a bachelor's degree in finance, economics, or related fields, along with strong interpersonal and sales skills. Gaining relevant experience through internships or entry-level banking roles and obtaining certifications like the Certified Financial Planner (CFP) can enhance prospects. Building a network and understanding wealth management tools are also important for advancement.

Is private banking a good career?

Private banking is a competitive career that involves managing high-net-worth clients and providing personalized financial services. Success typically requires strong interpersonal skills, financial knowledge, and relevant certifications such as the CFA or CFP. It can offer high earning potential and career growth for those with expertise and client relationship skills.

What does a private banker do?

A private banker provides personalized financial services to high-net-worth clients, including wealth management, investment advice, and banking solutions. They assess clients' financial goals, develop tailored strategies, and often work closely with other financial professionals to optimize client portfolios and assets.

What are popular job titles related to Private Banking jobs in Reston, VA?

For Private Banking jobs in Reston, VA, the most frequently searched job titles are:

What job categories do people searching Private Banking jobs in Reston, VA look for?

The top searched job categories for Private Banking jobs in Reston, VA are:

What cities near Reston, VA are hiring for Private Banking jobs?

Cities near Reston, VA with the most Private Banking job openings:

Infographic showing various Private Banking job openings in Reston, VA as of August 2026, with employment types broken down into 1% As Needed, 74% Full Time, 18% Part Time, and 7% Contract. Highlights an 88% Physical, 3% Hybrid, and 9% Remote job distribution, with an average salary of $65,224 per year, or $31.4 per hour.

VP, Private Banking Relationship Manager

New Horizon Bank - National Association

Mclean, VA โ€ข On-site

Full-time

Re-posted 18 days ago


Job description

Description

ย About the Opportunity

New Horizon Bank is building a different kind of financial institution - combining relationship-driven banking with the speed, creativity, and client experience expected from a modern financial services company.

The VP, Private Banking Relationship Manager is responsible for developing, growing, and deepening consumer and business relationships while delivering an exceptional client experience.

This role serves as a trusted banking partner for executives, entrepreneurs, professionals, business owners, and strategic relationships. The Private Banker is expected to generate measurable growth by identifying opportunities, solving problems, and connecting clients with the right financial solutions.

Success requires a combination of sales discipline, exceptional service, curiosity, and the ability to find solutions when the answer is not obvious.


Position Details

Location: Northern Virginia - this is an in-office, client-facing role serving the Northern Virginia market

Classification: Full-time, officer-level (VP)

Licensing: NMLS registration required (may be obtained upon hire)

Requirements

ย Relationship Growth & Business Development

Develop new client relationships through proactive outreach, networking, referrals, and community involvement.

Build relationships with centers of influence, including attorneys, accountants, real estate professionals, entrepreneurs, and business leaders.

Represent New Horizon Bank at community and business events.

Maintain an active pipeline of prospects and relationship opportunities.

Execute a disciplined calling strategy.

Identify opportunities to expand existing customer relationships.


Private Banking & Client Experience

Serve as the relationship manager for assigned high-value clients.

Support important relationships generated through executive leadership, commercial banking, and market development.

Deliver premier service with exceptional responsiveness and ownership.

Anticipate client needs and create solutions.

Coordinate resources across the organization to provide a seamless client experience.

Ensure clients feel known, valued, and supported.


Production Expectations

Performance will be measured through:

New deposit production.

Deposit portfolio growth.

New consumer and business relationships.

HELOC production.

Mortgage referrals.

Commercial loan referrals.

Treasury management referrals.

Trust referrals.

Wealth referrals.

Sales activity and pipeline management.

Client retention and satisfaction.


Expected Behaviors

The VP, Private Banking Relationship Manager will:

Create opportunities rather than wait for them.

Ask "why?" to uncover client needs.

Challenge traditional banking experiences.

Deliver with urgency.

Follow through relentlessly.

Take ownership of outcomes.

Make banking simple and enjoyable.

Represent the New Horizon Bank brand in the market.


Ideal Candidate Profile

The successful candidate will demonstrate:

Experience in private banking, branch leadership, consumer lending, mortgage banking, wealth management, financial services sales, or relationship management.

Proven ability achieving sales goals.

Strong relationship-building skills.

Ability to engage with executives, entrepreneurs, professionals, and business owners.

Strong communication skills.

Ability to recognize opportunities across banking products.

Comfort operating in an entrepreneurial, fast-moving environment.

Active NMLS registration required, or the ability to obtain NMLS registration upon hire, in accordance with the SAFE Act. Must be registered within 60 days of employment

Success Looks Like

The VP, Private Banking Relationship Manager grows New Horizon Bank by creating loyal clients, expanding relationships, generating new business, and delivering an experience customers cannot get from a traditional bank.


How to Apply

Qualified candidates should submit a resume and a brief summary of their book of business or business development track record. New Horizon Bank is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status