At a Glance
- Tasks: Support Relationship Managers with account management and client services in a prestigious banking environment.
- Company: Join a highly esteemed private banking firm located in the heart of Mayfair.
- Benefits: Enjoy a competitive salary with an additional 30% on top, plus a dynamic work environment.
- Why this job: Gain valuable experience in private banking while working closely with industry professionals in a vibrant setting.
- Qualifications: Fluency in Arabic and strong organisational skills are essential; previous banking experience is a plus.
- Other info: This role requires full-time presence in the office, with no remote work options available.
The predicted salary is between 36000 - 60000 £ per year.
Job Description
Our highly prestigious client is seeking a Private Banking Assistant to support our Relationship Managers in their day-to-day activities: account opening, amendments and closing, follow up on debit cards/internet banking, AML, and credit tasks. You will be required in the Mayfair office 5 days per week (no hybrid offered now or in the future unfortunately). Please only apply if this is 100% agreeable to you.
Key Duties
1. Account opening: prepare account opening packs, do WorldChecks, risk assessments (personal and corporate), adverse media, prepare and email/post to new customers the bank's welcome letters.
2. Handle and manage client relationship transfers between NBKI’s Retail and Private Banking departments.
3. Debit cards: ensure timely order of debit cards, activation, cancellation, activation, and handle all fraud investigations and refunds.
4. Internet banking: Assist customers to register to internet banking, activate their registration, unblock their access, and answer any query related to this service.5. Credit: prepare and follow up on all Customer information sheets requested from our international offices. Furthermore, the Private Banking Assistant can prepare the risk modelling template for the credit application.
6. Periodically or as deemed necessary, communicate to customers all pertinent information on the status of their funds.7. Always preserve customers’ confidentiality, paying particular attention to the security of documentation and communications. Also, adherence to instructions for safeguarding information and not disclosing any information about customers to a third party without the customer’s written approval, or otherwise in compliance with legal/statutory requirements.8. Adhere to NBKI’s policies such as Private Banking SOP and Financial Crime Policies and Procedures.9. Perform duties with reasonable skill and diligence.10. Work closely with relationship managers in other ad-hoc client and bank related tasks.
Compensation PackageSalary as above plus 30% appox on top
Private Banking Assistant (Arabic Speaking) employer: MARKET TALENT
Contact Detail:
MARKET TALENT Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Private Banking Assistant (Arabic Speaking)
✨Tip Number 1
Familiarise yourself with the specific banking regulations and compliance requirements relevant to private banking, especially in relation to AML (Anti-Money Laundering) practices. This knowledge will not only help you stand out but also demonstrate your commitment to maintaining high standards of client confidentiality and security.
✨Tip Number 2
Since this role requires strong communication skills, practice articulating your thoughts clearly in both English and Arabic. Being able to effectively communicate with clients in their preferred language can be a significant advantage in this position.
✨Tip Number 3
Network with professionals already working in private banking or related fields. Attend industry events or join online forums where you can connect with others in the sector. This could lead to valuable insights and potentially even referrals for the job.
✨Tip Number 4
Research the company culture and values of the bank you are applying to. Understanding their approach to client relationships and service delivery will allow you to tailor your discussions during interviews, showing that you align with their ethos and are genuinely interested in contributing to their team.
We think you need these skills to ace Private Banking Assistant (Arabic Speaking)
Some tips for your application 🫡
Understand the Role: Read the job description thoroughly to understand the key duties and responsibilities of a Private Banking Assistant. Tailor your application to highlight relevant experience in account management, client relations, and compliance.
Highlight Language Skills: Since this position requires Arabic speaking skills, make sure to emphasise your language proficiency in your CV and cover letter. Provide examples of how you have used your language skills in a professional context.
Showcase Relevant Experience: Include specific examples from your past roles that demonstrate your ability to handle tasks such as account opening, customer service, and compliance with financial policies. Use metrics where possible to quantify your achievements.
Craft a Strong Cover Letter: Write a compelling cover letter that connects your skills and experiences to the requirements of the role. Mention your enthusiasm for working in a prestigious environment and your commitment to maintaining client confidentiality.
How to prepare for a job interview at MARKET TALENT
✨Research the Company
Before your interview, make sure to research the bank and its values. Understanding their approach to private banking and client relationships will help you tailor your answers and show that you're genuinely interested in the role.
✨Prepare for Role-Specific Questions
Expect questions related to account management, AML procedures, and client confidentiality. Be ready to discuss your experience with these tasks and how you would handle specific scenarios that may arise in the role.
✨Showcase Your Language Skills
As this position requires Arabic speaking skills, be prepared to demonstrate your proficiency. You might be asked to conduct part of the interview in Arabic or discuss how your language skills can benefit client interactions.
✨Emphasise Attention to Detail
Given the nature of the role, attention to detail is crucial. Be prepared to provide examples from your past experiences where your diligence and thoroughness made a positive impact on your work or client satisfaction.