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Private Banking, Assistant Manager
- Posted 10 December 2019
- Salary £40000 - £45000 per annum
- Location
- Job type Permanent
- Discipline Banking Operations
- ReferenceSDEPBAM01_1575984238
- Contact NameScott Duerden
Job description
Our client, a prestigious Middle Eastern Bank based in London are looking to hire an Assistant Manager to join their Private Banking Department. A part of the Consumer Banking and Wealth Management division, Private Banking works with High Net Worth Individuals from three core market segments; UAE, KSA and GSAB. Sitting alongside Banking Services, the Private Banking team offers clients comprehensive wealth management services including discretionary portfolio management, offshore trust and fiduciary services and UK/European real estate advisory.
Main responsibilities of the Private Banking Assistant Manager will include;
- Managing the Private Banking Assistant Team in delivering a high level of customer service to Private Banking clients
- Setting in place and agreeing of SLAs with internal partners for service delivery and TATs
- Create and maintain MIS for service delivery management
- Ensuring efficient management of workflow within the team
- Establish and agree with frontline structure of work received vs deliverables and TATs
- Support to schedule customer appointments as well as event planning
- Preparation of marketing literature and co-ordination of the RMs business trips including: Co-coordinating trip documentation requirements, Printing and binding of marketing literature, reports and Prospectus & Updating and coordinating relevant documents for client distribution
- Liaise with the Operations department on client transfers and following up client instructions
- Involved in the greeting of clients as part of the front of house coverage
- Handling client calls and meeting clients in the absence of a Relationship Manager
- Opening new accounts, making sure all the relevant paperwork is complete
- Monitor all activity on all client accounts, ordering cheque books, etc.
- Monitoring Fixed Deport maturity dates and renewing the same as per client's instruction
- Assist the RMs with maintaining updated KYC information and AML monitoring
- Assisting with reviews of existing client files due to ongoing regulatory changes
- Writing and updating call reports and monthly pipelines
- Assist with various special projects as instructed
- To be conversant with a wide range of Retail Banking products and services, to be competent in discussing basic banking products and services, including lending products, with all clients.
- To act as an effective "trusted advisor" in the delivery of these services to clients, assisting in delivering the optimum financial solution to clients at all times
- Responsible for account opening for new to bank customers
- Provide product and service information, advice and relevant products and services to customers to increase their awareness and promote their usage.
- Understand when to bring in Wealth Management RM and/or Product Specialists when specialized advice is needed and identify cross sell opportunities and refer business to the appropriate other areas of the bank (e.g. Wealth Management, Corporate Banking, etc.)
- Create and exploit opportunities to promote and sell a portfolio of products and services
- Accountable for regular monitoring of client satisfaction and service quality levels by ensuring that client expectations are consistently met and exceeded
- To complete security call-backs to clients to confirm any email instructions or instructions over guideline thresholds
To be considered for the
- 5 years' Banking experience, ideally within a Private Bank and dealing with Middle Eastern clients
- Previous Team Supervisory experience desirable
- Excellent command of written and spoken English & Arabic
- Proficient with Microsoft Office - Word, Excel, PowerPoint
- Demonstration of accuracy, organisation and attention to detail
- Must be proactive in setting and maintaining high client service levels
- Be able to work well within a dynamic fast paced team
- Ability to work on own initiative and ability to prioritise work
- Must be task orientated and able to meet targets and deadline
- Exceptional time management skills with the ability to thrive whilst working under pressure
- Must have good attention to detail as accuracy is essential
- Be self-motivated with an ability to work consistently and efficiently under pressure