Private Banker

Barclays; London; On-site; GBP 90,000 - 150,000; Full time

Job summary

A leading financial institution in London is seeking an Entry Level Private Banker to provide bespoke banking and investment solutions to ultra-high net worth clients. The role involves managing client relationships, designing customized wealth management strategies, and providing market updates. Ideal candidates have experience in relationship management and a Level 4 RDR qualification. This position offers a full-time employment opportunity in the banking industry.

Qualifications

• Experience managing needs of private clients, specifically in West Africa.
• Experience in Financial Services, ideally in retail products and asset management.
• Ability to advise on diverse wealth management solutions.

Responsibilities

• Manage client relationships to identify financial goals and challenges.
• Research client industries and regulatory landscape for strategic recommendations.
• Design customized wealth management solutions using Barclays' products.
• Communicate the value proposition and negotiate beneficial terms.
• Offer investment advice and updates on market trends.
• Document all client interactions for transparency.
• Monitor client satisfaction and revenue metrics.

Skills

Relationship management experience

Understanding client needs

Strong digital acumen

Business development skills

Cold calling

Education

RDR Level 4 qualification

Job description

Overview

Join us as a Barclays Private Banker. This role offers bespoke banking and investment solutions to ultra-high net worth clients, acting as a trusted advisor to clients and managing the needs of private individuals and families in West Africa. Location: London.

Employer: Barclays

Responsibilities

• Management of client relationships to identify financial goals, challenges, and risk tolerance; analyze data from sources including investment portfolios and cash flow to identify trends and opportunities for additional services.
• Research and understanding of client industries, regulatory landscape, and competitive environment to inform strategic recommendations.
• Design of customised wealth management solutions using a range of products and services from Barclays’ portfolio.
• Communication of the value proposition, justification of recommendations, and negotiation of terms beneficial for both client and bank.
• Provide guidance to clients on financial decisions, offering investment advice, risk management and wealth management strategies, and updates on market trends.
• Assess financial, legal, and operational risks in client relationships and implement measures to minimise potential losses.
• Document all client interactions, transactions, and agreements to ensure transparency and auditability; inform product development and service offerings as needed.
• Monitor client satisfaction and revenue metrics to evaluate the effectiveness of relationship management efforts.

Qualifications and Requirements

• Relationship management experience with private clients, specifically managing needs of private individuals and families in West Africa (Nigeria and Ghana).
• Experience in the Financial Services industry, ideally in retail regulated products and services for mass market and high net worth customers and asset management.
• Ability to understand client needs and advise on a diverse range of wealth management solutions.
• RDR Level 4 qualification.
• Strong digital acumen and private banking experience; business development and cold calling skills.

Additional Information

• Role is located in London.
• Role may require mandatory regulatory qualifications or minimum qualifications to meet internal benchmarks.

Senior and Employment Details

• Seniority level: Entry level
• Employment type: Full-time
• Job function: Finance and Sales
• Industry: Banking and Financial Services