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Head of Wealth (Private Banking)

$ 1,000 - $ 1,500 / month

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Job Description

  • Develop and implement the overall strategy for Wealth Management and Private Banking, in line with the organization's goals.
  • Identify market trends and new business opportunities to drive revenue growth and client acquisition.
  • Collaborate with other business units to ensure the seamless delivery of client solutions.
  • Ensure top-tier client satisfaction and retention through excellent service standards.
  • Lead, mentor, develop a high-performing team of relationship managers, and support staff.
  • Set performance targets, conduct regular performance reviews, and ensure career development opportunities for team members.
  • Stay updated on the latest wealth management trends and regulatory changes to ensure the bank remains competitive.
  • Ensure that all activities comply with regulatory standards, legal requirements, and company policies.
  • Provide regular reports on business performance and key financial metrics to senior management.

Requirements

  • Minimum of 10-15 years of relevant experience in Wealth Management or Private Banking, with at least 5 years in a senior leadership role.
  • Proven track record of managing relationships with HNWI/UHNWI clients.
  • Experience in developing and executing business strategies that drive growth in wealth management services.
  • Bachelor's degree in Finance, Economics, Business Administration, or a related field (Master's degree or MBA is a plus).
  • Deep knowledge of investment products, financial markets, and wealth management solutions.
  • Strong leadership skills, with a demonstrated ability to lead large teams and build a high-performance culture.
  • Familiarity with regulatory environments in private banking and wealth management.

Job Description

  • Develop and implement the overall strategy for Wealth Management and Private Banking, in line with the organization's goals.
  • Identify market trends and new business opportunities to drive revenue growth and client acquisition.
  • Collaborate with other business units to ensure the seamless delivery of client solutions.
  • Ensure top-tier client satisfaction and retention through excellent service standards.
  • Lead, mentor, develop a high-performing team of relationship managers, and support staff.
  • Set performance targets, conduct regular performance reviews, and ensure career development opportunities for team members.
  • Stay updated on the latest wealth management trends and regulatory changes to ensure the bank remains competitive.
  • Ensure that all activities comply with regulatory standards, legal requirements, and company policies.
  • Provide regular reports on business performance and key financial metrics to senior management.

Requirements

  • Minimum of 10-15 years of relevant experience in Wealth Management or Private Banking, with at least 5 years in a senior leadership role.
  • Proven track record of managing relationships with HNWI/UHNWI clients.
  • Experience in developing and executing business strategies that drive growth in wealth management services.
  • Bachelor's degree in Finance, Economics, Business Administration, or a related field (Master's degree or MBA is a plus).
  • Deep knowledge of investment products, financial markets, and wealth management solutions.
  • Strong leadership skills, with a demonstrated ability to lead large teams and build a high-performance culture.
  • Familiarity with regulatory environments in private banking and wealth management.