At a Glance
- Tasks: Support Relationship Managers in delivering exceptional banking experiences to ultra-high net worth clients.
- Company: Join a prestigious Private Bank & Wealth Manager with a focus on client relationships.
- Benefits: Gain valuable experience in private banking and develop your professional skills.
- Other info: Dynamic role with opportunities for growth in a fast-paced environment.
- Why this job: Be at the forefront of luxury banking, making a real difference for high-profile clients.
- Qualifications: 2-4 years in client services, strong organisational skills, and a client-first attitude.
The predicted salary is between 40000 - 50000 £ per year.
Excellent opportunity opens for a motivated Assistant Relationship Manager to join a Private Bank & Wealth Manager. You will play a key role in supporting Relationship Managers in delivering a high touch banking experience to Ultra High Net Worth Individuals (UHNWIs).
Main Responsibilities:
- Act as the first point of contact for clients in the absence of the Relationship Manager, ensuring requests and queries are handled promptly and professionally.
- Prepare documentation and briefing packs for client meetings and follow up on post-meeting actions.
- Support Relationship Managers with managing client portfolios, orders, trades, payments, and other transactional needs.
- Monitor maturity lists (deposits, loans, trades), take standard actions autonomously, and escalate when client input is required.
- Handle account opening, closing, and maintenance procedures in line with compliance standards.
- Coordinate with internal stakeholders including Treasury, Trading, Operations, Investment Services, Compliance, and Front Risk Management to ensure smooth execution of client needs.
- Monitor and manage system alerts and operational tasks directly, escalating investment-related matters where required.
- Liaise with Relationship Managers to plan and coordinate business travel, document preparation, and other logistical needs.
- Support the onboarding process through timely and accurate collection of KYC and AML documentation.
- Ensure all activities comply with internal policies, legal and regulatory requirements, and external audit standards.
- Maintain confidentiality and handle sensitive information with utmost discretion.
Key Requirements:
- ~2 - 4 years experience in a similar position (ARM, Client Services etc..)
- ~ Previous experience working in a Private Bank or Wealth Manager.
- ~ CISI Level 3 or equivalent
- ~ Strong organizational skills and attention to detail.
- ~ Able to prioritize and multitask under pressure while maintaining high accuracy.
- ~ Excellent interpersonal skills with a client-first attitude.
Assistant Relationship Manager\'s - Private Banking in London employer: Rothstein Recruitment
Join a prestigious Private Bank & Wealth Manager that values its employees and fosters a collaborative work culture. With a focus on professional development, you will have access to extensive training and growth opportunities while working in a dynamic environment that prioritises client satisfaction and excellence. Located in a vibrant area, the company offers a competitive benefits package and a supportive atmosphere that encourages innovation and teamwork.
StudySmarter Expert Advice🤫
We think this is how you could land Assistant Relationship Manager\'s - Private Banking 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 Assistant Relationship Manager role.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of UHNWIs and their unique needs. Show us you understand the high-touch service they expect, and you'll stand out from the crowd!
✨Tip Number 3
Practice your communication skills! As an Assistant Relationship Manager, you'll need to handle client queries with professionalism. Role-play common scenarios with a friend to build your confidence.
✨Tip Number 4
Don't forget to apply through our website! We love seeing applications directly from motivated candidates like you. It shows initiative and makes it easier for us to connect with you.
We think you need these skills to ace Assistant Relationship Manager\'s - Private Banking in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Assistant Relationship Manager role. Highlight your experience in private banking and client services, focusing on how you've supported relationship managers in the past.
Craft a Compelling Cover Letter:Your cover letter should tell us why you're the perfect fit for this role. Share specific examples of how you've handled client queries or managed portfolios, and show off your client-first attitude!
Showcase Your Skills:Don’t forget to highlight your organisational skills and attention to detail. We want to see how you prioritise tasks and manage multiple responsibilities, especially under pressure.
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 don’t miss out on any important updates from us!
How to prepare for a job interview at Rothstein Recruitment
✨Know Your Clients
Before the interview, research the types of Ultra High Net Worth Individuals (UHNWIs) the company serves. Understand their needs and preferences, as this will help you demonstrate your client-first attitude and how you can support Relationship Managers effectively.
✨Showcase Your Organisational Skills
Be prepared to discuss specific examples of how you've managed multiple tasks or projects in previous roles. Highlight your attention to detail and ability to prioritise under pressure, as these are crucial for supporting Relationship Managers in a fast-paced environment.
✨Familiarise Yourself with Compliance Standards
Since compliance is key in private banking, brush up on KYC and AML regulations. Be ready to explain how you’ve ensured compliance in past roles, as this will show your understanding of the importance of maintaining confidentiality and handling sensitive information.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills and ability to handle client queries. Think of scenarios where you had to act autonomously or escalate issues, and be ready to explain your thought process and the outcomes.
