Hiring: Managing Director, Head of Banking and Lending Company: Cresset Location: Chicago, IL Job Posted Time: 2026-09-16 11:37:56 Employment Type: Internship Target Skills & Keywords : Capital Markets, Private Banking, Risk Management, Wealth Management About the job Experience: •10+ years of experience in private banking or middle market/commercial banking. •Demonstrated expertise in structuring and executing lending transactions for UHNW/HNW clients, particularly across residential mortgages and securities-based lending. •Demonstrated success in building and managing relationships with banking and lending institutions. •Knowledge of a broad range of credit products, including residential and commercial real estate lending, securities-based lending, concentrated collateral and structured liquidity solutions, and unsecured and specialty lending (e.g., aircraft, art, niche assets). •In-depth knowledge of the national banking landscape, including lender-specific credit appetites and underwriting approaches. Required Skills: •The Managing Director, Head of Banking & Lending will lead the strategy, development, and execution of Cresset’s banking and lending platform. This role is responsible for building and managing a best-in-class network of banking and lending partners to serve the complex personal needs of ultra-high-net-worth (UHNW) clients. •Platform Strategy & Partnership Development •Design and execute the firm’s banking and lending strategy, including defining the optimal partner ecosystem. •Build and maintain relationships with a curated network of national, regional, and specialty banks and lenders. •Evaluate and select partners based on their ability to deliver differentiated solutions for UHNW clients. •Advisor Enablement & Internal Leadership •Serve as the internal leader for banking and lending capabilities across the firm. •Educate and train advisors on how to effectively position and deliver lending solutions as part of holistic Family Office Services. Qualifications: •Bachelor’s degree in Business, Finance, Economics, or a related field required. •Advanced degree (MBA or similar) preferred. Compensation: •$275,000 - $320,000 / year Interested candidates, please apply directly through the job posting on company's career page or try via AI auto apply on this platform. Don't miss this opportunity to join a forward-thinking team!