Private Banker - Middle East and North Africa

Private Banker - Middle East and North Africa

Full-Time 80000 - 100000 £ / year (est.) No working from home possible
hackajob

At a Glance

  • Tasks: Manage and grow a portfolio of ultra-high-net-worth clients, providing bespoke banking solutions.
  • Company: Join Barclays, a leading financial institution with a commitment to excellence.
  • Benefits: Competitive salary, professional development, and opportunities for networking in high-profile events.
  • Other info: Dynamic role in a fast-paced environment with excellent career growth potential.
  • Why this job: Be a trusted advisor and make a real impact on clients' financial success.
  • Qualifications: Experience with UHNW clients and strong relationship management skills required.

The predicted salary is between 80000 - 100000 £ per year.

Join us as an Ultra-High-Net-Worth Private Banker within our growing Private Banking team based in London. The Private Banking team offers bespoke banking and investment solutions to high-net-worth clients. Barclays Private Bankers act as trusted advisors to clients providing bespoke banking services, lending and wealth structuring, in addition to a world class range of investment solutions and products across all asset classes.

Private Bankers are expected to identify, initiate, build and maintain effective introductory relationships with key internal and external stakeholders in order to ensure effective opportunity streams for new clients, assets and revenues.

What You Will Be Doing

  • Manage and grow a portfolio of UHNW clients, understanding their financial goals and risk appetite.
  • Act as the primary point of contact for clients, providing exceptional service and financial advice.
  • Conduct regular reviews of clients' investment and financial portfolios.
  • Become a key person and subject matter expert within the team for banking products, credit advice, investment knowledge and more complex client queries.
  • Deliver high quality bespoke advice, maximising value for our clients and negotiating the best commercial outcome.
  • Identify and onboard new clients through networking, referrals, and strategic partnerships.
  • Develop and execute tailored strategies to attract and retain wealthy clients in the region.
  • Attend client events, wealth management forums, and other high-profile gatherings in London.
  • Advise on portfolio management, estate planning, succession, and offshore structuring where relevant.
  • Keep clients informed on market trends, economic updates, and investment opportunities.

Essential Skills/Basic Qualifications

  • Previous experience working as a Private Banker with a client base with investable assets of a minimum of £20m within the Middle East market.
  • Exceptional client servicing and relationship management skills with Ultra-High-Net-worth Clients and demonstrable experience in building and managing this client base.
  • Previous experience in controlling and monitoring of risk within a client book.
  • Strong knowledge of global economic and political conditions, current affairs and competitor activity and the impact of these on clients.
  • Experience or demonstrated understanding of investments, banking and trust concepts including, but not limited to: asset allocation on structured portfolios, managed portfolios, brokerage accounts, portfolio reviews, deposit and loan solutions, basic trust and estate products and identification of wealth planning opportunities.
  • Ability to adapt to a rapidly changing business including regulatory and technological environment.

Desirable Skills

  • Excellent knowledge of regulated credit agreements/investment advice/deposits/portfolio management services/financial promotions.
  • High aptitude and understanding of the digital landscape, with the ability to effectively manage Clients’ changing needs in this area.
  • Arabic speaker.

This role is based in London. It is deemed as a Certified role under the PRA manage and maintain policies/processes; deliver continuous improvements and escape breaches of policies/procedures.

If managing a team, they define jobs and responsibilities, planning for the department’s future needs and operations, counselling employees on performance and contributing to employee pay decisions/changes. They may also lead a number of specialists to influence the operations of a department, in alignment with strategic as well as tactical priorities, while balancing short and long term goals and ensuring that budgets and schedules meet corporate requirements.

If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others.

OR for an individual contributor, they will be a subject matter expert within own discipline and will guide technical direction. They will lead collaborative, multi-year assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will train, guide and coach less experienced specialists and provide information affecting long term profits, organisational risks and strategic decisions.

Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment. Manage and mitigate risks through assessment, in support of the control and governance agenda. Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.

Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business. Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategies.

Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives. In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions. Adopt and include the outcomes of extensive research in problem solving processes.

Seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders in order to accomplish key business objectives, using influencing and negotiating skills to achieve outcomes.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.

Private Banker - Middle East and North Africa employer: hackajob

Barclays is an exceptional employer for Private Bankers, offering a dynamic work environment in London that fosters professional growth and development. With a strong emphasis on bespoke client service and innovative financial solutions, employees benefit from a culture of collaboration and excellence, alongside opportunities to engage with high-net-worth clients and expand their expertise in wealth management. The company's commitment to integrity and stewardship ensures a rewarding career path for those looking to make a meaningful impact in the financial sector.

hackajob

Contact Details:

hackajob Recruitment Team

We think you need these skills to ace Private Banker - Middle East and North Africa

Client Relationship Management
Wealth Structuring
Investment Knowledge
Portfolio Management
Risk Management
Networking Skills
Financial Advisory