Madrid · Spain · Executive Search
Private Banker Jobs in Madrid
Madrid is the principal hub for Spanish onshore wealth and LATAM cross-border coverage, with a banking sector consolidating around a handful of large domestic platforms alongside growing EAM activity. Executive Partners advises Senior RMs on confidential moves across Spanish and cross-border desks.
Madrid's onshore-LATAM bridge
Spanish private banking has consolidated significantly, leaving fewer but larger domestic platforms competing for senior talent who bring genuine Spanish onshore relationships or LATAM cross-border coverage built on shared language and cultural familiarity.
Over the last 18 months, hiring demand has concentrated on:
- RMs with genuinely portable Spanish or LATAM books
- Bankers bridging Madrid with Geneva or Zurich booking centres
- EAM-aligned advisors serving entrepreneur and family wealth
- Cross-border specialists with Mexican, Colombian or Argentine coverage
2025–2026 Madrid compensation benchmarks
Ranges reflect typical packages observed across Madrid-based private banks and wealth managers.
| Role | Base salary (EUR) | Bonus range | Typical total |
|---|---|---|---|
| RM (5–10 years) | 75k – 100k | 20% – 50% | 90k – 150k |
| Senior RM (10–20 years) | 100k – 140k | 40% – 100% | 140k – 280k |
| Ultra UHNW RM | 140k – 180k | 70% – 160% | 240k – 470k |
| Team Head | 160k – 210k | 90% – 200% | 300k – 630k |
These ranges are indicative and based on observed market levels in Madrid across 2025–2026.
Senior Relationship Manager · EUR 110M portable book · Mandate to offer: 25 days · Still at the bank, 20 months
Deep-dive insights for Madrid-based bankers
Market commentary on Spanish banking consolidation and LATAM cross-border flows.
Work with Executive Partners
Whether you are a Madrid platform or a Senior RM evaluating Spanish or LATAM opportunities, we provide factual, confidential guidance.
Prefer to start with a discreet email? recruiter@execpartners.ch