At a Glance
- Tasks: Manage client relationships and handle day-to-day banking correspondence.
- Company: Prestigious private bank with a growing presence in the UK.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Opportunity for career growth in a supportive and fast-paced environment.
- Why this job: Join a team that values client relationships and offers real impact in wealth management.
- Qualifications: Experience in banking or client-facing roles; understanding of investment products is a plus.
The predicted salary is between 40000 - 50000 £ per year.
A prestigious private bank with a significant and growing presence in the UK is seeking a Banking Executive. 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 – liaise with portfolio managers, wealth planners and the credit team prior to coordinate attendance, where appropriate.
- Review past meeting notes, identify areas to discuss and if any information is required from the clients to update our records.
- Assist the Relationship Manager with the preparation of Investment Suitability Reviews and Credit proposals for banker sign off, documenting client circumstances appropriately, with the ability to identify high risk and vulnerable clients and support them to required standard.
- Support the Relationship Manager in revenue generation from existing and potential clients by identifying new opportunities, whilst at all times being mindful of, and adhering to the principles of Treating Customers Fairly.
- 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).
- Experience of working as an assistant in banking/private banking or in another client-facing front office role.
- An understanding of the investment products would be advantageous.
- You understand and enjoy dealing with private investors.
- You are outgoing, client-focused and understand what it means to deliver impeccable service.
Private Banking Client Relations Executive employer: Saxton Leigh
Join a prestigious private bank that values its employees and fosters a collaborative work environment. With a strong focus on employee development, you will have access to numerous growth opportunities while working in a dynamic team dedicated to delivering exceptional service to Wealth Management clients. Located in the heart of the UK, this role offers a unique chance to thrive in a supportive culture that prioritises both professional excellence and personal well-being.
StudySmarter Expert Advice🤫
We think this is how you could land Private Banking Client Relations Executive
✨Tip Number 1
Network like a pro! Get out there and connect with people in the banking sector. Attend industry events, join relevant online forums, and don’t be shy to reach out 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 clients. Understand their values and how they treat customers. This will help you tailor your responses and show that you’re genuinely interested in the role and the company.
✨Tip Number 3
Practice your pitch! Be ready to explain why you’re the perfect fit for the Private Banking Client Relations Executive role. Highlight your experience in client-facing roles and your understanding of investment products to stand out from the crowd.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us. Good luck!
We think you need these skills to ace Private Banking Client Relations Executive
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that match the Private Banking Client Relations Executive role. Highlight your client-facing experience and any relevant banking knowledge to show us you’re the right fit!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to tell us why you’re passionate about private banking and how you can build strong relationships with clients. Be genuine and let your personality come through.
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:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows us you’re keen to join our team at StudySmarter!
How to prepare for a job interview at Saxton Leigh
✨Know Your Clients
Before the interview, research the bank's client base and their investment products. Understanding the needs and preferences of private investors will help you demonstrate your client-focused approach during the interview.
✨Showcase Your Multi-tasking Skills
Prepare examples from your past experiences where you successfully managed multiple tasks under pressure. Highlight how you prioritised effectively to meet deadlines, as this is crucial for the role.
✨Familiarise Yourself with Regulations
Brush up on the principles and regulations set by the FCA and PRA. Being knowledgeable about compliance will show that you take the role seriously and understand the importance of adhering to industry standards.
✨Prepare for Client Scenarios
Think of potential client scenarios you might encounter in the role. Be ready to discuss how you would handle various situations, especially those involving high-risk or vulnerable clients, to showcase your problem-solving skills.
