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Wealth Management Jobs

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Asset Management Sales
  • Job type: Permanent
  • Location: London
  • Salary: Competitive
  • Description Global Asset Manager is looking to add entrepreneurial sales professionals to their team here in London. After successfully launching a new fund they are receiving...
Credit Analyst - Wealth management
  • Job type: Permanent
  • Location: Zürich
  • Salary: Competitive
  • Description A top leading company in its industry is actively seeking a Credit Analyst to act as a key member of the middle office team. Directly...
External Wholesaler - Private Wealth Channel
  • Job type: Permanent
  • Location: New York
  • Salary: Competitive
  • Description I am working with an asset management firm with over $15B in AUM that is focused on private assets including private equity, private credit, and   ...
Senior Relationship Manager
  • Job type: Permanent
  • Location: Zürich
  • Salary: Competitive
  • Description A Swiss investment management company specialising in sustainable investments is hiring a Senior Relationship Manager to develop and grow the European and Asian client
Client Relationship Manager
  • Job type: Permanent
  • Location: Frankfurt am Main
  • Salary: Competitive
  • Description A global multi-billion dollar asset manager is hiring an Institutional Client Relationship Manager to develop and maintain relationships with institutional clients. Based in Frankfurt you...
Structured Products Sales
  • Job type: Permanent
  • Location: Zürich
  • Salary: Competitive
  • Description Structured Products Sales A private owned group offering wealth management and institutional investment services is currently looking for a Structured Products Sales
Investment Banking Vice President
  • Job type: Permanent
  • Location: Chicago
  • Salary: Competitive
  • Description Summary of Firm: An elite boutique investment banking firm with over 40 offices worldwide across 30 different countries. It is one of the 10nth oldest...
Head of Legal & Compliance - Structured Finance
  • Job type: Permanent
  • Location: London
  • Salary: £90000 - £140000 per annum
  • Description Our client, an independent banking group with offices across Europe, is looking to hire an experienced Legal & Compliance professional with strong structured finance knowledge...
IVR/Genesys Tech Lead
  • Job type: Permanent
  • Location: New York
  • Salary: $150000 - $240000 per annum
  • Description IVR/Genesys Lead Developer Location: New York, NY Salary: $150,000 - $200,000+ Company Summary: A leading and global investment bank with offices in New

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