In this role as a Private Banker, you will have an exciting opportunity to be part of the UK Domestic team, offering bespoke banking and investment solutions to ultra-high net worth clients. You will act as a trusted advisor, providing bespoke banking services, lending, wealth structuring, and a world-class range of investment solutions across all asset classes.
Key Responsibilities:
- Manage client relationships by understanding their financial goals, challenges, and risk tolerance, and analyze data from various sources to identify trends and opportunities.
- Research industry trends, regulatory landscape, and the competitive environment to inform strategic recommendations.
- Design customized solutions addressing clients' specific needs, using a range of banking products and services.
- Communicate the value proposition of solutions, justify recommendations, and negotiate beneficial terms.
- Provide guidance on financial decisions, including investment advice, risk management, and wealth strategies, while keeping clients updated on market trends.
- Assess and mitigate financial, legal, and operational risks related to client relationships.
- Document all client interactions and transactions for transparency and audit purposes.
- Monitor client satisfaction and revenue metrics to evaluate relationship management effectiveness.
Qualifications and Skills:
- Experience in relationship management, especially with private clients and families.
- Background in Financial Services, ideally in retail regulated products and asset management.
- Advisory experience in diverse wealth management solutions.
- RDR level four qualification.
- Valued skills include digital literacy, market exposure, business development, and cold calling abilities.
Additional Information:
This role is located in London and is classified as a Certified role under PRA & UK FCA regulations, which may require specific regulatory qualifications.