At a Glance
- Tasks: Manage and grow ultra-high-net-worth client portfolios across global markets.
- Company: A prestigious international private bank expanding its UHNW platform.
- Benefits: Competitive base salary, up to 25% bonus on revenue, and market-leading infrastructure.
- Other info: Opportunities available in major financial hubs like London, Dubai, and Singapore.
- Why this job: Join a dynamic team and make a significant impact in wealth management.
- Qualifications: Minimum 5 years of private banking experience with proven AUM success.
The predicted salary is between 72000 - 108000 £ per year.
Ateca Executive search is retained by a prestigious private bank with a world-class UK and Swiss platform to identify an exceptional Senior Private Banker for its London office. The successful candidate will have a credible 3-year business plan to build a HNW/UHNW AUM portfolio of Asian and/or Middle Eastern private clients, with seniority offered commensurate with the plan: Director level for plans targeting USD 250 million; Executive Director for USD 300-400 million; Managing Director for USD 500 million and above.
The Opportunity
Manage and grow a book of UHNW and HNW private clients with wealth originating from or connected to Asia and/or the Middle East, including Greater China, Southeast Asia, South Asia, the GCC, and wider MENA markets.
Act as the primary trusted adviser for complex, multi-jurisdictional Asian and Middle Eastern wealth structures, including family offices, investment holding companies, and cross-border succession and estate planning.
Utilise a UK FCA-regulated or Swiss booking platform to deliver tailored solutions across discretionary portfolio management, advisory mandates, structured products, alternative investments, real assets, and Islamic finance where relevant.
Engage proactively with intermediaries, family offices, lawyers, and advisers serving the Asian and Middle Eastern UHNW community in London.
Represent the bank’s full capabilities to clients and prospects across investment, credit, foreign exchange, and fiduciary services.
Key Requirements
Minimum 8 years of private banking experience, with demonstrable expertise in Asian and/or Middle Eastern private wealth management at the UHNW/HNW level.
A credible 3-year business plan to build a HNW/UHNW AUM portfolio of no less than USD 250 million, drawn exclusively from individual and family wealth (no corporate, institutional, or retail clients). Seniority is offered in line with the plan: Director (USD 250M), Executive Director (USD 300-400M), Managing Director (USD 500M+).
Strong working knowledge of FCA-regulated UK booking platforms and/or Swiss booking environments, with direct experience in at least one major UK or Swiss private banking institution preferred.
Deep understanding of cross-border compliance requirements, CRS/AEOI, and the regulatory frameworks governing Asian and Middle Eastern private clients held in London or Switzerland.
Fluency in English essential; fluency in Mandarin, Cantonese, or Arabic is highly valued.
Proven track record of consistent net new money generation and strong client retention.
FCA-registered or eligible to be registered.
What’s on Offer
A highly competitive, performance-driven compensation package with a guaranteed uplift of up to 20-30% on your current total compensation. Title and seniority are offered in line with your business plan: Director (USD 250M), Executive Director (USD 300-400M), or Managing Director (USD 500M+).
Moves as a functioning team – bringing associates, analysts, or relationship support – are actively welcomed and encouraged, with enhanced consideration given to team transitions. Package includes significant base salary, discretionary bonus, and comprehensive benefits.
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Private Banker employer: Ateca Consulting
Contact Detail:
Ateca Consulting Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Private Banker
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out to potential clients or colleagues. Remember, your next big opportunity could come from a casual chat over coffee.
✨Showcase Your Expertise
When you’re in interviews or networking situations, make sure to highlight your experience managing significant AUM. Share specific examples of how you've successfully grown client portfolios and delivered tailored solutions. This will set you apart from the competition!
✨Leverage Social Media
Use platforms like LinkedIn to showcase your achievements and connect with industry leaders. Share insights on market trends or investment strategies to position yourself as a thought leader. It’s a great way to attract attention from potential employers.
✨Apply Through Our Website
Don’t forget to check out our website for job openings! Applying directly through us not only streamlines the process but also shows your genuine interest in joining our team. Plus, we love seeing familiar faces from our community!
We think you need these skills to ace Private Banker
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to highlight your experience in managing UHNW and HNW client portfolios. We want to see your achievements, especially around AUM and investment advisory, so don’t hold back!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this role. Mention your stability in previous roles and how you’ve successfully grown client relationships.
Showcase Your Network: Since originating new client relationships is key, let us know about your network and how you’ve leveraged it in the past. Highlight any strategic prospecting successes that demonstrate your ability to bring in new business.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep everything organised and ensures your application gets the attention it deserves!
How to prepare for a job interview at Ateca Consulting
✨Know Your Numbers
As a Private Banker, you need to be on top of your game when it comes to managing AUM. Be prepared to discuss your current portfolio, including the USD 250 million AUM requirement, and provide specific examples of how you've successfully managed client investments. This shows you’re not just talking the talk but walking the walk.
✨Showcase Your Network
Networking is key in this role, so come ready to discuss how you've built and maintained client relationships. Highlight any strategic prospecting you've done and how it has led to new client acquisitions. This will demonstrate your ability to originate new business, which is crucial for success.
✨Understand the Market
Familiarise yourself with the financial centres mentioned in the job description. Be prepared to discuss market trends and how they impact UHNW clients. Showing that you have a global perspective and can tailor solutions based on different markets will set you apart from other candidates.
✨Team Collaboration is Key
Since collaboration with product, credit, and compliance teams is essential, think of examples where you've worked effectively within a team. Discuss how you’ve integrated new hires or collaborated on projects to enhance client service. This will highlight your ability to work well in a team-oriented environment.