Private Banking · Madrid · Executive Search
Private Banking Recruiter in Madrid
Senior RMs and Desk Heads covering Spanish UHNW, entrepreneurs and LatAm-linked client books.
Madrid is consolidating its position as the key Iberian wealth hub, serving longstanding family businesses, new-economy founders and returning expatriates. Spanish banks and international players compete for bankers who can originate advisory mandates and manage complex family structures across Spain and Latin America.
- Senior RMs with EUR 120m–300m+ AUM across Spanish UHNW/HNW and family groups.
- Desk Heads for Iberia, LatAm-linked corridors and select non-resident books.
- Moves between domestic champions, international wealth managers and boutique platforms.
- Guidance on variable compensation, carried-interest style schemes and long-term LTIP.
Market snapshot – Madrid, Spain
For experienced private bankers, Madrid offers access to deep multigenerational wealth and a growing pool of tech and real-estate fortunes. The most compelling platforms combine credible investment capabilities (advisory + discretionary), strong lending, and cross-border structuring for clients with assets and family members across Iberia, LatAm and the UK/Switzerland. Institutions are placing particular emphasis on documented net new money, fee-based revenues and disciplined risk/compliance behaviour.
Main booking centres
- • Madrid onshore
- • Barcelona and regional centres
- • Zurich & Geneva
- • Miami / LatAm hubs for offshore booking
Desks we cover
- • Spanish UHNW families & family offices
- • Mid-market entrepreneurs and real-estate groups
- • LatAm-linked client books
- • Returning expatriates and non-resident Spaniards
Indicative compensation – Madrid
Ranges in EUR, based on recent mandates and offer letters. Exact packages depend on platform, role design and P&L.
Source: Executive Partners market conversations with hiring managers, 2024–2025. Not a guarantee of future offers.
Related Private Wealth Pulse articles
Explore recent analysis on UBS, Credit Suisse, AI cuts and global private banking talent flows.
Private Banking Career Intelligence 2025
Download our fact-checked 2025 benchmarks for senior Relationship Managers and Market Leaders across Madrid, Switzerland, the UK, US, Dubai, Singapore and Hong Kong.
Methodology based on verified mandates, offer letters and compensation discussions with hiring managers.
Work with a specialist Madrid recruiter
Executive Partners is an executive search boutique focused on Private Banking & Wealth Management. From Madrid, we support senior hires across onshore Spain and key booking centres worldwide.
- • Senior RMs, Desk Heads & Market Leaders
- • Discreet outreach to target platforms
- • AUM portability & booking-centre fit assessment
- • Compensation benchmarking for your next move