Up to £90,000 plus excellent bonus and benefits
London, with hybrid working available
A prestigious private bank in London is seeking an experienced and proactive Senior Private Banking Assistant to support a UK-based private banking team covering an international client book.
This is a senior, varied role with exposure to both investments and credit. You will be the day-to-day link between clients and the bank's internal teams, making sure instructions are executed accurately and that client relationships are well looked after.
Please note, candidates should have 8+ years of direct experience in private banking support. Candidates must have IAD (Investment Advice Diploma) Level 4 and CeMAP qualifications.
Key Responsibilities of the Senior Private Banking Assistant to include:
- Client Administration: Process client instructions, including transfers and payments, foreign exchange, and the monitoring and fixing of bank deposits.
- Investment Support: Process securities purchases and sales for the team and their clients, and promote and arrange relevant banking and investment products.
- Credit Support: Complete and process credit applications and reviews, and manage new loans from approval through to drawdown.
- Client Contact: Act as a primary point of contact for international clients, follow up on pending issues and escalated to the banker where necessary.
- Onboarding and Reviews: Prepare documentation to make sure periodic reviews and onboarding submissions are completed accurately and on time.
- Internal Stakeholder Management: Work with Operations, Compliance and other internal teams to complete annual reviews and onboarding documents, and act as the team's contact for internal troubleshooting and requests.
- Compliance: Work in line with the Code of Conduct and internal regulations, including Cross Border, AML and Clear Desk policies.
Requirements for the successful Senior Private Banking Assistant to include:
- 8+ years of direct, demonstrable experience in a similar role within private banking.
- IAD (Investment Advice Diploma) Level 4 and CeMAP essential.
- A strong understanding of private banking processes and financial products, with working knowledge of KYC, AML, FATCA and CRS requirements.
- A mix of investment and credit experience.
- Experience of working with an international client book.
- Comfortable using standard IT systems and quick to learn new software.
- A service-oriented, client-focused approach, with a high level of confidentiality and discretion.
- A proactive, collaborative team player who is detail-oriented, accurate and reliable.
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Senior Private Banking Assistant in West End employer: Montpellier Resourcing
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