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Wealth Management Jobs

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Feedstuff Marketing Manager
  • Job type: Permanent
  • Location: Indonesia
  • Salary: Negotiable
  • Description Feedstuff Marketing Manager - Agricultural Commodities, Location: Asia - Indonesia, Salary: Attractive We are currently working with a leading commodity house who is looking for Feedstuff Marketing
Treasury Lead - High Frequency Trading Firm
  • Job type: Permanent
  • Location: Chicago, Illinois
  • Salary: Bonus
  • Description One of the largest and well-known high frequency trading shops in the industry is seeking talent from a treasury and/or counter-party risk background for a cross-dimensional role within the treasury
Director of Compliance
  • Job type: Permanent
  • Location: Boston, Massachusetts
  • Salary: Negotiable
  • Description Responsibilities: Serving as subject matter expert and help draft Strategic ADV brochure updatesEvaluate the effectiveness of established compliance processes and controls; and direct enhancements
Senior Quantitative Analyst
  • Job type: Permanent
  • Location: Atlanta, Georgia
  • Salary: £90000 - £120000 per annum
  • Description Senior Quantitative Risk Analyst My client, a top financial services company is seeking a highly technical and quantitative risk professional to develop predictive risk models for the firm
Investment Banking Sr. Analyst
  • Job type: Permanent
  • Location: New York
  • Salary: Negotiable
  • Description Title: Investment Banking Sr. Analyst (Real Estate) Location: New York, NY Currently working with an Elite Boutique Real Estate Investment Bank looking to add investment banking Analysts to their
Junior Algo Developer
  • Job type: Permanent
  • Location: London
  • Salary: £70000 - £100000 per annum
  • Description Key skills for Junior C++ Low Latency Software Developer: C/C++ programming experienceExperience working in a Linux environmentKnowledge of STL/Boost a plusExperience with low latency
Audit Manager (f/m/d) - Asset Management Segment
  • Job type: Permanent
  • Location: Frankfurt am Main, Hessen
  • Salary: €70000 - €100000 per annum
  • Description An Expert in Audit Management should: *Audit Practice: Plan and lead complex audit assignments and supervise audit projects. *Quality Management: Support the update of audit methods
Compliance VP / Director, General Compliance, Securities firm
  • Job type: Permanent
  • Location: Hong Kong
  • Salary: Negotiable
  • Description This person will be responsible for... Handle and review enquiries from regulators on trade-related enquiries, demand for information and investigation related requests;Handle statutory reporting
IRB Model Validation Expert
  • Job type: Contract
  • Location: London
  • Salary: Competitive
  • Description We currently have a fantastic new opportunity for an IRB Model Validation Expert to join a Financial Service company on a 6 months rolling contract basis! This position commences in January 2020!

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