At a Glance
- Tasks: Manage client relationships and support the Relationship Manager in a prestigious private bank.
- Company: Join a leading private bank with a strong presence in the UK.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Opportunity to enhance processes and contribute ideas in a supportive team.
- Why this job: Be part of a team that delivers exceptional service to sophisticated clients.
- Qualifications: Experience in private banking or wealth management is essential.
The predicted salary is between 40000 - 50000 £ per year.
A prestigious private bank with a significant and growing presence in the UK is seeking an Assistant Relationship Manager. The role will involve day-to-day management of the Bank’s relationships with Wealth Management clients.
Key Responsibilities:
- Build and maintain strong relationships with clients whilst handling day-to-day correspondence with them and their representatives.
- Multi-task and use effective time management skills to prioritise short-term tasks while simultaneously managing longer-term projects.
- Full ownership of cash management solutions.
- Executing and ensuring settlement of client orders (FX, Cash, Equities, Fixed Income etc.).
- Processing client account opening from inception to completion, including gathering all necessary KYC and AML documentation.
- Assisting with the completion of event-driven and periodic reviews.
- Preparing credit and loan requests including general administration of credit facilities.
- Liaising with other branches for cross-booked accounts.
- Diarise and prepare for client meetings with the Relationship Manager.
- Assist the Relationship Manager with the preparation of Investment Suitability Reviews and Credit proposals for banker sign off.
- Keeping the Relationship Manager up-to-date with all client-related information and delegating tasks accordingly.
- Initiate projects to enhance existing processes and contribute ideas for improvements to the team and to management.
- Support the Relationship Manager in revenue generation from existing and potential clients by identifying new opportunities.
- Act as a point of contact for Relationship Managers when they are away from the office or on annual leave.
- Maintain excellent professional standards through appropriate training and development.
- Maintain in-depth knowledge of the Bank’s products and services.
- To adhere to the Bank’s Policies and Procedures and act in accordance with the regulatory requirements and standards under the Financial Conduct Authority (FCA) and Prudential Conduct Authority (PRA).
About You:
- Experience of working as an assistant relationship manager in private banking or wealth management is essential.
- A good understanding of the private client industry and its products.
- You understand and enjoy dealing with sophisticated private investors.
- You are outgoing, client-focused and understand what it means to deliver impeccable service.
- You are a strong team player who is highly organised, logical in your approach, have an eye for detail, and you are able to handle many parallel tasks.
For further information please contact Marcus Courtney.
Assistant Relationship Manager (Russian speaker) in London employer: Saxton Leigh
As a prestigious private bank with a growing presence in the UK, we pride ourselves on fostering a collaborative and dynamic work environment that prioritises employee development and client satisfaction. Our commitment to excellence is reflected in our supportive culture, where you will have the opportunity to enhance your skills and advance your career while building meaningful relationships with high-net-worth clients. With a focus on professional growth and a strong emphasis on teamwork, we offer a unique chance to thrive in the fast-paced world of wealth management.
StudySmarter Expert Advice🤫
We think this is how you could land Assistant Relationship Manager (Russian speaker) in London
✨Tip Number 1
Network like a pro! Get out there and connect with people in the private banking and wealth management sectors. Attend industry events, join relevant online forums, and don’t be shy about reaching out to professionals on LinkedIn. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching the bank and its services. Understand their client base and be ready to discuss how you can enhance client relationships. Practise common interview questions and think of examples from your past experiences that showcase your skills in managing client accounts and multitasking.
✨Tip Number 3
Follow up after interviews! A simple thank-you email can go a long way in making a lasting impression. Mention something specific from your conversation to show you were engaged and are genuinely interested in the role.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you, and applying directly can sometimes give you an edge. Plus, it’s super easy to keep track of your applications and updates!
We think you need these skills to ace Assistant Relationship Manager (Russian speaker) in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that match the Assistant Relationship Manager role. Highlight your experience in private banking or wealth management, and don’t forget to mention your Russian language skills!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to tell us why you’re passionate about building client relationships and how your background makes you the perfect fit for our team. Keep it engaging and personal!
Showcase Your Multi-tasking Skills:In your application, give examples of how you've successfully managed multiple tasks in a high-pressure environment. We want to see that you can juggle short-term tasks while keeping an eye on long-term projects.
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 the role. Plus, it’s super easy!
How to prepare for a job interview at Saxton Leigh
✨Know Your Clients
Before the interview, research the bank's client base and their typical needs. Understanding the nuances of private banking and wealth management will help you demonstrate your knowledge and show that you're ready to build strong relationships with clients.
✨Showcase Your Multitasking Skills
Prepare examples from your past experiences where you've successfully managed multiple tasks under pressure. Highlight how you prioritised effectively and met deadlines, as this role requires juggling short-term tasks with long-term projects.
✨Familiarise Yourself with KYC and AML Processes
Brush up on your knowledge of Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations. Being able to discuss these processes confidently will show that you understand the compliance aspects of the role and can handle client account openings efficiently.
✨Prepare for Client Meetings
Think about how you would prepare for a client meeting alongside a Relationship Manager. Be ready to discuss how you would review past notes, identify discussion points, and coordinate with other team members to ensure a seamless experience for the client.
