Assistant Private Banker

Assistant Private Banker

Temporary 39000 - 52000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Support Relationship Managers in delivering top-notch service to high-net-worth clients.
  • Company: Join one of the UK’s most prestigious private banks on a 14-month contract.
  • Benefits: Enjoy a salary up to £52K, annual bonuses, and a generous pension contribution.
  • Why this job: Gain exposure to high-net-worth clients and bespoke banking services in a dynamic environment.
  • Qualifications: Minimum 2 years in private banking with strong knowledge of credit and regulatory frameworks.
  • Other info: This role covers maternity leave, offering a unique opportunity to step into a respected position.

The predicted salary is between 39000 - 52000 £ per year.

Are you passionate about private banking and building strong client relationships? If so, we have an exciting opportunity for an Assistant Private Banker to join one of the UK’s most prestigious private banks on a 14-month fixed-term contract covering maternity leave. As an Assistant Private Banker, you will play a key role in supporting Relationship Managers to deliver an exceptional service to high-net-worth clients.

You’ll work closely with various teams across the bank, ensuring smooth operations while proactively handling client requests, credit reviews, and lending risk assessments.

Key Responsibilities
  • Act as a first point of contact for clients, delivering first class service to HNW clients.
  • Conduct credit reviews, lending risk reviews, and AML assessments to ensure regulatory compliance.
  • Prepare and maintain client documentation, assist in account openings, and monitor daily overdraft positions.
  • Support the Relationship Managers with business development, client meetings, and administrative tasks.
  • Assist with the preparation of lending propositions and customer reviews.
  • Maintain adherence to risk management frameworks and regulatory requirements.
What We’re Looking For
  • Minimum 2 years in a similar private banking role.
  • Strong knowledge of credit, lending risk, AML, and regulatory frameworks.
  • Excellent communication skills with the ability to manage multiple priorities.
  • Proactive and detail-oriented mindset with a focus on delivering outstanding client service.
What’s in it for You?
  • Basic salary of up to £52K.
  • Annual bonus at the end of the contract.
  • Generous pension contribution of up to 20%.
  • Opportunity to work with one of the UK’s most respected private banks.
  • Exposure to high-net-worth clients and bespoke banking services.

Assistant Private Banker employer: BWD Search & Selection

Joining our prestigious private bank as an Assistant Private Banker offers you the chance to thrive in a dynamic and supportive work culture, where your contributions are valued and recognised. With a competitive salary, generous pension contributions, and the opportunity to engage with high-net-worth clients, you will be well-positioned for professional growth and development. Our commitment to excellence ensures that you will be part of a team dedicated to delivering outstanding service while fostering meaningful relationships in the heart of the UK's financial sector.
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Contact Detail:

BWD Search & Selection Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Assistant Private Banker

✨Tip Number 1

Network with professionals in the private banking sector. Attend industry events or join relevant online forums to connect with current employees at prestigious banks. This can give you insights into the company culture and potentially lead to referrals.

✨Tip Number 2

Familiarise yourself with the latest trends in private banking, especially regarding high-net-worth clients. Being knowledgeable about current market conditions and client needs will help you stand out during interviews.

✨Tip Number 3

Prepare to discuss specific examples of how you've successfully managed client relationships in your previous roles. Highlighting your proactive approach and attention to detail will demonstrate your suitability for the Assistant Private Banker position.

✨Tip Number 4

Research the bank's values and mission statement. Tailor your conversations and questions during the interview to reflect how your personal values align with theirs, showing that you're a great cultural fit for the team.

We think you need these skills to ace Assistant Private Banker

Client Relationship Management
Credit Analysis
Lending Risk Assessment
Anti-Money Laundering (AML) Knowledge
Regulatory Compliance
Attention to Detail
Excellent Communication Skills
Time Management
Proactive Problem Solving
Documentation Preparation
Business Development Support
Team Collaboration
Customer Service Excellence
Adaptability in a Fast-Paced Environment

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in private banking, particularly any roles involving client relationships, credit reviews, and regulatory compliance. Use specific examples to demonstrate your skills and achievements.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for private banking and your understanding of the role. Mention how your previous experience aligns with the responsibilities of an Assistant Private Banker and express your enthusiasm for working with high-net-worth clients.

Highlight Relevant Skills: In your application, emphasise your knowledge of credit, lending risk, and AML regulations. Provide examples of how you've successfully managed multiple priorities and delivered exceptional client service in past roles.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial in the banking sector.

How to prepare for a job interview at BWD Search & Selection

✨Show Your Passion for Private Banking

Make sure to express your enthusiasm for private banking during the interview. Share specific examples of how you've built strong client relationships in the past, as this role heavily relies on client interaction and service.

✨Demonstrate Your Knowledge of Regulatory Frameworks

Be prepared to discuss your understanding of credit, lending risk, and AML regulations. Highlight any relevant experience you have in these areas, as it will show that you are well-equipped to handle the responsibilities of the role.

✨Prepare for Scenario-Based Questions

Expect questions that assess your problem-solving skills and ability to manage multiple priorities. Think of scenarios where you successfully handled client requests or navigated complex situations, and be ready to share those stories.

✨Ask Insightful Questions

At the end of the interview, ask thoughtful questions about the team dynamics, the bank's approach to client service, or future opportunities for growth within the company. This shows your genuine interest in the role and helps you gauge if it's the right fit for you.

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