Private Banker

Private Banker

International Bank based in the West End are looking to recruit a Private Banker to join their expanding Private Banking department.

Main responsibilities will include;

* Support the Head of Private Banking in contributing and achieving the unit’s business development goals
* Responsible for originating, closing, and developing profitable client relationships whilst safeguarding the standards of the bank and respecting FCA regulatory requirements.
* Responsible for ensuring the effective maintenance of existing relationships by handling customer enquiries
* Initiates, develops and retains client relationships while contributing actively to the business development and financial goals of the unit. Is jointly involved in client solicitation, presentation, closings, account management and development
* Responsible for assessing risk tolerance and investment suitability of each client and marketing appropriate products and services
* To build investment knowledge and be conversant with the full range of private banking services: to be competent in trusts, asset management, banking and advisory services and to act as an effective trusted advisor in the delivery of these services
* To complete credit responsibilities such as reviewing excess reports, preparing Facility Applications, credit reviews, preparation of loan documentation and negotiation of credit terms
* Ensures that client product needs and services are met
* To be responsible for up-to-date compliance, KYC and client profile on each client
* To be responsible for client satisfaction and service quality levels by ensuring that the client’s needs are met by performing administrative tasks required to fulfil client requirements
* Remains informed about market trends, customer preferences, new products Contributes to all aspects of the marketing mix including products development
* Completes meeting reports and establishes a follow-up system
* Support the Private Banking Team with client administration and projects, working as part of a team in contributing and achieving the unit’s business development goals
* Deputises for other front office members during their absences and, in turn, hands over relationships to others during absence
* In addition to the duties listed, the employee may, from time to time, be required to perform other duties assigned by the team manager, such as supporting the Banking Services Team when required.

To be considered for this position, ideal candidates must have the following experience, qualification and skills;

* Experience in client facing role within a Personal Banking environment is essential. You must also have experience within a income producing/revenue generating position
* Must have the relevant FCA accreditation to undertake an advisory role which includes the Certificate in Securities and Financial Derivatives and the Investment Advisory Certificate – RDR Level 4
* Possesses cultural awareness of Middle East clients required to maintain and develop client relationships
* Strong MS Office Skills, knowledge of wide range of retail banking products and services
* Excellent customer service skills
* Arabic language skills
* Good interpersonal skills and an able team player

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