Assistant Private Banker

Assistant Private Banker

Slough Full-Time 31200 - 52000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Support Relationship Managers and deliver exceptional 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 31200 - 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

Join one of the UK’s most prestigious private banks as an Assistant Private Banker, where you will thrive in a dynamic work culture that prioritises client relationships and professional growth. With a competitive salary, generous pension contributions, and the opportunity to engage with high-net-worth clients, this role offers not just a job but a pathway to develop your expertise in private banking. Experience a supportive environment that values your contributions and encourages your career advancement while working alongside industry leaders.
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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 handled client relationships and managed risk in previous roles. Demonstrating your experience with credit reviews and AML assessments will show that you're ready for the responsibilities of the position.

✨Tip Number 4

Research the bank's values and mission statement. Tailor your conversations to reflect how your personal values align with theirs, showcasing your commitment to delivering exceptional service to high-net-worth clients.

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
Proactive Problem Solving
Time Management
Documentation Preparation
Business Development Support
Team Collaboration
Customer Service Excellence
Adaptability to Changing Priorities

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in private banking, particularly any roles that involved client interaction, credit reviews, or 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 listed in the job description, especially your ability to support Relationship Managers and deliver exceptional client service.

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 maintained compliance 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

✨Know Your Banking Basics

Make sure you brush up on your knowledge of credit, lending risk, and AML regulations. Being able to discuss these topics confidently will show that you're well-prepared and understand the core responsibilities of the role.

✨Demonstrate Client-Centric Skills

Since the role involves delivering exceptional service to high-net-worth clients, be ready to share examples of how you've successfully managed client relationships in the past. Highlight your communication skills and ability to handle multiple priorities.

✨Prepare for Scenario Questions

Expect questions that assess your problem-solving abilities, especially in situations involving client requests or compliance issues. Practising responses to potential scenarios can help you articulate your thought process clearly during the interview.

✨Show Enthusiasm for the Role

Express your passion for private banking and your eagerness to contribute to the team. Employers appreciate candidates who are genuinely interested in the position and the company, so let your enthusiasm shine through!

Assistant Private Banker
BWD Search & Selection
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