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Senior Private Banker- H/F/X

  • Job
    Full-time
    Senior Level
  • Banking & Finance
  • London

AI generated summary

  • You need in-depth product knowledge, strong sales and relationship skills, business development acumen, advising experience, regulatory knowledge, client development capabilities, commercial acumen, collaboration skills, and strong judgement to prevent fraud.
  • You will develop and manage client relationships with high net worth individuals, focus on business development, adhere to regulatory procedures, and mentor team members in wealth planning and investment management.

Requirements

  • In-depth product knowledge and excellent sales and relationship management skills
  • Strong Business Development acumen
  • CISI Level 4 (or equivalent)
  • Manages and targets clients and key relationships
  • Advising experience across a broad range of products and services
  • Knowledge of regulations applying to the bank, its staff and our clients
  • Client development and retention capabilities
  • Strong commercial acumen
  • Team orientated & collaborative approach
  • Exercise good judgement skills to prevent fraud and raise alerts as necessary

Responsibilities

  • Responsible for developing, managing and retaining client relationships with high net worth individuals as part of a member of a team of private bankers who are focused on one or more target segments.
  • Strong focus on Business Development and Client/Asset gathering, maintenance of existing client book. Creation of new portfolio mandates with primary focus on DPM and Managed Advisory.
  • To be a key role model and mentor to support the Private Banking Team Development
  • Ensure that you adhere to and drive a culture that treats clients fairly that focuses on long term sustainability of client relationships
  • Summary Of Responsibilities
  • Meet or exceed several individual and team-based financial targets, including income, AUM/NNMA and return on AUMs
  • Knowledge of markets, products and advice (investment management, wealth planning, banking, credit, and capital markets)
  • Strong knowledge and discipline relating to risk management, compliance, AML and regulatory procedures
  • Ensure that all regulatory training and testing is completed in a timely manner
  • Business development focus to develop new client relationships through relationship management with key business introducers and existing client base to maximise further opportunities
  • Actively involved in developing and maintaining client relationships, both individually and as part of a team
  • Act as a role model, providing coaching and guidance to less experienced bankers and assistants

FAQs

What are the key responsibilities of a Senior Private Banker?

The key responsibilities of a Senior Private Banker include developing, managing, and retaining client relationships with high net worth individuals, meeting financial targets, having in-depth product knowledge, ensuring compliance with regulations, and providing coaching and guidance to less experienced bankers.

What qualifications are required for a Senior Private Banker role?

Qualifications required for a Senior Private Banker role include strong business development skills, CISI Level 4 (or equivalent), advising experience across a broad range of products and services, knowledge of banking regulations, client development and retention capabilities, and good judgement skills.

How important is business development in this role?

Business development is crucial in the role of a Senior Private Banker as it involves developing new client relationships, maximizing opportunities with existing clients, and meeting or exceeding financial targets such as income and AUM/NNMA.

How does a Senior Private Banker support the development of the Private Banking team?

A Senior Private Banker acts as a key role model and mentor to support the development of the Private Banking team by providing coaching, guidance, and sharing knowledge and expertise with less experienced bankers and assistants.

What is the focus of a Senior Private Banker when it comes to Client/Asset gathering?

The primary focus of a Senior Private Banker when it comes to Client/Asset gathering is on creating new portfolio mandates with a strong emphasis on Discretionary Portfolio Management (DPM) and Managed Advisory to grow the client base and assets under management.

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Mission & Purpose

Societe Generale is one of the leading European financial services groups. Based on a diversified and integrated banking model, the Group combines financial strength and proven expertise in innovation with a strategy of sustainable growth. Committed to the positive transformations of the world’s societies and economies, Societe Generale and its teams seek to build, day after day, together with its clients, a better and sustainable future through responsible and innovative financial solutions. Active in the real economy for over 150 years, with a solid position in Europe and connected to the rest of the world, Societe Generale has over 117,000 members of staff in 66 countries and supports on a daily basis 25 million individual clients, businesses and institutional investors around the world by offering a wide range of advisory services and tailored financial solutions. The Group is built on three complementary core businesses: - French Retail Banking which encompasses the SG and Boursorama brands. Each offers a full range of financial services with omnichannel products at the cutting edge of digital innovation; - International Retail Banking, Insurance and Financial Services, with networks in Africa, Central and Eastern Europe and specialised businesses that are leaders in their markets; - Global Banking and Investor Solutions, which offers recognised expertise, key international locations and integrated solutions. Societe Generale is included in the principal socially responsible investment indices: DJSI (Europe), FTSE4Good (Global and Europe), Bloomberg Gender-Equality Index, Refinitiv Diversity and Inclusion Index, Euronext Vigeo (Europe and Eurozone), STOXX Global ESG Leaders indexes, and the MSCI Low Carbon Leaders Index (World and Europe).