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Investment Banking M&A Director, Specialized in Media/Broadcast
  • Job type: Permanent
  • Location: Charlotte, North Carolina
  • Salary: Negotiable
  • Description Title: Investment Banking M&A Director - TMT Location: Charlotte, NC Our client is a Top Middle Market Investment Bank, currently looking to add an investment banking Director to their M&A
Risk Manager
  • Job type: Permanent
  • Location: Hamburg
  • Salary: Negotiable
  • Description Einer der führenden und renommiersten Unternehmen im Ecommerce - Retail Geschäft suchen aktuell nach dem richtigen Riskmanager für Ihr Team in Hamburg, Deutschland.
Research Scientist
  • Job type: Permanent
  • Location: New York
  • Salary: US$13000 - US$350000 per year
  • Description My client is a boutique, fully systematic hedge fund located 1 hour outside of New York City. They rely on fully quantitative models developed by the research team to find an edge in the markets.
Manager/Deputy Manager
  • Job type: Permanent
  • Location: Hong Kong
  • Salary: Competitive
  • Description A top asset management company in Hong Kong, is looking for a Deputy Manager to join their Balance Sheet and Liquidity Management team.
M&A Manager/Senior Manager
  • Job type: Permanent
  • Location: Hong Kong
  • Salary: Negotiable
  • Description A Hong Kong based financial advisory group is looking for a Manager or Senior Manager to join their M&A team. The company provides corporate finance advisory services in IPOs
Quantitative Trader
  • Job type: Permanent
  • Location: San Francisco, California
  • Salary: US$100000 - US$150000 per year
  • Description Quantitative Trader | Senior Trader | San Francisco A Quantitative hedge fund located in the San Francisco Bay Area is looking to expand its quantitative investment strategies team
Quantitative Analyst, Front Office Quant
  • Job type: Permanent
  • Location: New York
  • Salary: Negotiable
  • Description After a successful year, one of the world's largest investment banks is expanding across all global offices, specifically New York, as they outperformed their 2018 benchmarks
Investment Banking Analyst - Metals & Mining/Energy
  • Job type: Permanent
  • Location: Washington, District of Columbia
  • Salary: US$80000 - US$100000 per year
  • Description My client, an elite boutique investment bank, is actively seeking an Analyst level investment banking professional to join their Metals & Mining/Energy team of banking professionals in their
Quantitative Researcher/Systematic Trader
  • Job type: Permanent
  • Location: New York
  • Salary: Negotiable
  • Description After a successful few years, a New York hedge fund with a few hundred million dollars in AUM is looking for a Quant Researcher/Systematic Trader to work closely with the President/CIO to develop

Private wealth management specialists provide clients with personalized financial services, helping them to make informed investment decisions and fully utilize their wealth, while minimizing risk. Services provided by private bankers range from providing pension advice, tax and estate planning, through to philanthropic activities, managing bills, monitoring financial activities, and screening solicitations for contributions.

Wealth Management Employment Outlook and Salary  
Salaries for Private Bankers generally comprise of commission with the base salary based on an AUM (Assets Under Management) fee. 
The average salary for private banking relationship managers in the United States is $79,708 per year with a range of $60,824 - $152,051. In the United Kingdom, the average salary is £36,000 per year with salaries range from £18,413 - £89,131. Salary depends on industry knowledge, skills, experience and expertise within the field and can vary based on the number of clients and size of the employer.
The private banking sector continues to expand with markets currently experiencing a boom. It’s expected that the sector will remain buoyant in the upcoming years as companies continue to hire experienced front-line staff tasked with bringing in larger assets and profits. Within the financial sector, private banking continues to represent one of the most lucrative career paths.

Job Description
A private wealth manager oversees a team of employees and is responsible for different types of operations such as managing loan volumes, handling deposits and ensuring that procedures and policies are adhered to. A private bank manager is also expected to act as an advisor providing input into budget development and strategic decisions. 

Job responsibilities of a private bank manager continue to increase as products and potential investment options grow and it is therefore crucial that managers in this field have an in-depth knowledge of financial products such as bonds, stocks, financial derivatives, hedge funds and private equity. 

The role of a Private Banker includes:

  • Consulting with clients regarding their financial requirements
  • Developing loan packages for underwriting and credit review
  • Recommending appropriate services, products, and strategies
  • Monitoring client requirements in order to fully utilize organizational services and products 
  • Evaluating the credit, tax and financial needs of all clients
  • Cross-selling products and services to existing clients
  • Adhering to banking practices and policies along with other regulatory statutes
  • Developing existing and new business utilizing external resources 
  • Sharing information about market conditions

Key Skills & Qualifications
A private banker is primarily responsible for building trust with current and potential clients and quickly establishing a rapport. Good communication and interpersonal skills are required, as is the ability to listen and understand a client’s requirements. Private bankers must have strong decision-making and analytical skills and be comfortable working in a rapidly changing, fast-paced environment. A sound understanding of prevailing economic conditions and financial markets is necessary in order to understand and analyze financial trends and produce information that is of benefit when guiding clients.

As well as looking for local market knowledge, formal credit training and previous experience in wealth management or private banking, employers tend to favour well-rounded candidates that possess a certain set of core skills and competencies including:

  • Strong understanding of lending and banking products 
  • Excellent marketing and business development skills
  • Detailed understanding of the financial needs of all types of customers
  • Ability to manage client expectations and meet tight deadlines