Private Banking

Job Description The Private Banking Executive (PBE) will primarily focus on providing pro-active support to one to two Private Bankers and their portfolio of clients. They will support Private Bankers (PB) with client acquisition and retention via client contact, but will primarily provide support in the preparation of lending proposals. The PBE will act as a proxy for the PB, representing them in meetings or communications.

To place the interests of customers at the centre of all activities, act in a way that is consistent with achieving good outcomes for consumers and to comply with the FCA and PRA's Conduct Rules.

Key Responsibilities:

Client service and Sales support

Main point of contact and accountability for clients in respect to their day-to-day banking

Building and monitoring client relationships

Supporting Private Bankers in developing, growing and retaining their portfolio of HNW Clients, ensuring a quality of service is provided at all times.

Will be competent at identifying new sales opportunities

Undertake proactive client calls and ensue PB’s follow up on all client leads and facilitate client meetings

Preparing full client briefs and research for private bankers

Support Insights for Action survey scores (following up insights for action raw data) ensuring interaction is positive experience and expectations are managed and met at all times (where responses are negative that, that these are doubt with effectively and efficiently)
Manage account maintenance procedures – including account opening and account closing

Initiate, discuss and complete Credit Applications on behalf of Private Bankers Monitor the return of Facility letters, and completion of LMF/interest rate/fee forms

Monitor, prepare and/or carryout annual credit reviews

Complete shadow postings of a daily basis

Monitor, prepare and/or complete annual client reviews – maintaining client files in the process

General Administration Preparing client communications

Preparing account opening forms

Responsible for keeping client records updated

Instigating and maintaining client files

Private Banker’s organisation

Organising, maintaining and coordinating diaries for the Private Bankers (including future planning of meetings, meeting preparation, planning for issues)
Organise travel schedules Support the bank’s Change & innovation agenda

Complete user acceptance testing of technology updates, new functionality & systems used in front office as required Input to change projects to give ideas, input and requirements as required

Risk Complete compliance regulatory exams, adhering to both legal and regulatory requirements Responsible for managing risks inherent to the role by diligently observing internal policies and procedures.

Key Interfaces:

Take ownership and support other PBE’sPrivate Banking Teams Wealth Management Teams Credit Maintain  excellent relationships with Operations, Treasury and Compliance Other Operations Teams, including Banking Ops, Credit Ops Person Specification Knowledge / Experience/

Skills:

Front office experience is required  A good understanding of HNW segment and market

Detailed and demonstrable technical knowledge around all areas of Lending Detailed knowledge of regulatory requirements covering money laundering and criminal activity

Strong interest in financial markets

Knowledge of wealth management in banking products

Multi-tasking capability

Ability to work under pressure with a heavy workloadA good understanding of Banking Systems and be IT literate, and a high understanding of Microsoft office

Strong written and verbal communications skills are essential for this role Excellent time management and organisational skills

Qualifications:

You should be working towards or already hold a valid professional qualification in CeMAP (or equivalent)

Competencies:

Performance Focus Client Focus Working Proactively Communication & Confidence About UsLife, Work and Benefits Arbuthnot Latham is committed to equal-opportunities for all staff and candidates. We embrace inclusion & diversity and understand why they are critical for the success of our business and people.

Agile working

Competitive salary, pension & holiday allowanceBUPA Health cover4x Life Assurance Income Protection scheme

Discretionary bonus

Market leading maternity/paternity and menopause policies

Flexible benefits

Location:

London Advertising End Date:

Not Specified