At a Glance
- Tasks: Lead support for high-net-worth clients in credit and mortgage lending.
- Company: Prestigious private bank with a dynamic London team.
- Benefits: Up to £65,000 salary, excellent bonuses, and hybrid working options.
- Other info: Opportunity for career growth and mentorship in a fast-paced environment.
- Why this job: Join a high-performing team and make an impact in private banking.
- Qualifications: Private banking experience and strong credit/lending skills required.
The predicted salary is between 65000 - 65000 £ per year.
Up to £65,000 plus excellent bonus and benefits. Hybrid working available.
A prestigious private bank is seeking an experienced, credit-savvy professional to join their London team in a Senior Assistant Relationship Manager capacity. This role is designed for a high-performer ready to take a lead support role for a high-net-worth (HNW) book with a specific focus on complex credit structures and mortgage lending. You will act as the primary technical and relationship anchor for a Client Relationship Officer, managing a sophisticated pipeline of UK and International clients within a dynamic, fast-paced environment.
Key Responsibilities of the Private Banking Assistant include:
- Advanced Credit & Mortgage Facilitation: Take the lead on the end-to-end administration of residential real estate lending. This includes coordinating mortgage applications, liaising with credit risk teams, and ensuring all lending documentation is meticulously executed.
- Complex Onboarding & Enhanced Due Diligence: Own the full KYC/AML lifecycle for high-complexity clients. Perform deep-dive analysis on Source of Wealth (SoW) and Source of Funds (SoF), ensuring seamless submission and approval for high-value prospects.
- Senior Investment Support: Manage the production of mandatory suitability reports and investor profile reviews. Ensure all files remain compliant with MiFID II and internal standards, specifically regarding discretionary and non-discretionary portfolios.
- Strategic Client Engagement: Act as a senior point of contact for clients, resolving complex inquiries regarding FX trading, credit facilities, and payments independently before escalation.
- Stakeholder Leadership: Navigate internal relationships across Operations, Credit Risk, and Compliance to streamline the onboarding of debt-heavy structures and offshore entities.
- Regulatory Stewardship: Maintain absolute adherence to the Code of Conduct, AML protocols, and Cross-Border regulations, acting as a mentor to more junior team members on compliance best practices.
Requirements for the successful Senior Private Banking Assistant include:
- Experience in a private banking client service or assistant RM role.
- Technical Expertise: Proven experience in credit and lending processes (specifically mortgages) is essential for this senior-level position.
- Qualifications: Candidates should ideally be CeMAP qualified (essential for mortgage focus) and IAD (Investment Advice Diploma) qualified.
- Regulatory Knowledge: Expert-level understanding of KYC, AML, FATCA, and CRS, with a track record of handling complex UK and international client structures.
- Product Knowledge: Robust experience with residential real estate, discretionary investments, and standard banking services (FX, payments, e-banking).
Senior Private Banking Assistant (Credit and Lending) in London employer: Montpellier Resourcing
Join a prestigious private bank in London that values excellence and innovation, offering a competitive salary of up to £65,000 along with an excellent bonus and benefits package. With a hybrid working model and a dynamic work culture, this role provides ample opportunities for professional growth and development, allowing you to thrive in a supportive environment while managing high-net-worth clients and complex credit structures.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Private Banking Assistant (Credit and Lending) in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the private banking sector and let them know you're on the lookout for opportunities. A personal recommendation can go a long way in landing that dream role.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge, especially around credit and lending processes. Be ready to discuss your experience with complex client structures and how you've navigated challenges in previous roles.
✨Tip Number 3
Showcase your soft skills! In a senior assistant role, relationship management is key. Be prepared to share examples of how you've successfully engaged with clients and resolved their inquiries independently.
✨Tip Number 4
Don't forget to apply through our website! We have a range of exciting opportunities that could be perfect for you. Plus, it’s a great way to ensure your application gets the attention it deserves.
We think you need these skills to ace Senior Private Banking Assistant (Credit and Lending) in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your private banking experience and showcases your credit and lending expertise. We want to see how your skills align with the role, so don’t be shy about emphasising relevant achievements!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for the Senior Private Banking Assistant role. Share specific examples of your experience with complex credit structures and client engagement.
Showcase Your Qualifications:If you’ve got CeMAP and CISI Level 4 qualifications, make sure they’re front and centre in your application. We value these credentials highly, so let’s not hide them away!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity. Don’t miss out!
How to prepare for a job interview at Montpellier Resourcing
✨Know Your Credit and Lending Inside Out
Make sure you brush up on your credit and lending knowledge, especially regarding mortgages. Be prepared to discuss complex credit structures and demonstrate your understanding of the end-to-end administration process.
✨Showcase Your Private Banking Experience
Highlight your previous roles in private banking and how they relate to the responsibilities of a Senior Private Banking Assistant. Use specific examples to illustrate your experience with high-net-worth clients and complex onboarding processes.
✨Prepare for Technical Questions
Expect questions about KYC, AML, and regulatory compliance. Familiarise yourself with the latest regulations and be ready to explain how you've applied this knowledge in past roles, particularly in relation to high-complexity clients.
✨Demonstrate Strong Stakeholder Management Skills
Be ready to discuss how you've navigated relationships across different teams, such as Operations and Compliance. Share examples of how you've resolved complex inquiries and streamlined processes in a fast-paced environment.
