Job Overview

Job  Private Banker Duties and Responsibilities

Identify Clients

A large part of the Personal Banker’s job is business development. They are responsible for identifying potential new clients and working with them to build up a relationship with the goal of managing their wealth.

Advise and Consult with Clients

Private Bankers work with their clients to meet their financial needs and goals. They proactively advise and consult with the clients, explaining the types of financial services available, educating them about investment options and potential risks and recommending investments.

Monitor Clients Accounts

Private Bankers must closely monitor the performance of client accounts, to ensure that the accounts are behaving positively and meeting client needs. They need to be aware of both the clients goals, income and spending to manage the portfolio

Research Investment Options

In order to provide the best possible service, Private Bankers need to be well informed of market conditions and do plenty of research to determine good opportunities to meet private banking revenue goals. They keep current with market updates and financial news. They must also maintain knowledge and understanding of appropriate legislation and regulations affecting banking and customer interaction to ensure that all transactions are legal. To develop and maintain relationships with clients’ High-level knowledge of business finance and investments Generates new business

Experience And Qualifications

• Minimum qualification : Relevant Degree in Finance or Economics or Accounting
• Experience : Minimum 3 years’ experience in a similar or related field
• Experience in providing tailored solutions to significant families