Private Bank Executive (Assistant RM)

Barclays Business Banking; Singapore; On-site; SGD 70,000 - 100,000; Full time

Job summary

Join a leading Private Bank as a Private Bank Executive, where you'll support Bankers in servicing ultra-high net worth clients. This role involves managing client relationships, providing tailored financial advice, and ensuring compliance with regulatory standards. Ideal candidates will have CACS certification and a strong background in Private Banking.

Qualifications

• Minimum of 2 years of relevant experience in Private Banking.
• Excellent communication skills for interactions with ultra-high net worth clients.

Responsibilities

• Manage client relationships and identify financial goals.
• Design customized solutions addressing clients' specific needs.
• Provide guidance on financial decisions and investment advice.

Skills

Communication

Strategic Thinking

Risk Management

Business Acumen

Technical Skills

Education

CACS 1 & 2 certification

Active MAS licence

Job description

Embark on an exciting journey and join our fast-growing Private Bank as a Private Bank Executive, supporting Bankers in servicing Private Bank Clients.

You may be assessed on key skills relevant for success, such as risk and controls, change and transformation, business acumen, strategic thinking, and technical skills.

To Be Successful For The Role, You Should

• CACS 1 & 2 certified and currently in a relevant role within Private Bank with an active MAS licence
• Excellent communication skills for interactions with ultra-high net worth clients
• Minimum of 2 years of relevant experience

This role is regulated by MAS (Monetary Authority of Singapore).

Barclays is required by law to confirm your legal right to work in any role you apply for. If you hold or require sponsorship for a work visa sponsored by Barclays, you must declare this in your application. Sponsored visas are role and entity specific, and any changes must be reviewed. Ensure you are working on the correct visa at all times. Failure to disclose your visa status or legal right to work may result in withdrawal of your application or employment offer.

Purpose of the Role

To establish and nurture profitable partnerships with corporate and individual clients, acting as the bridge between the bank's offerings and clients' needs for mutual benefit and long-term success.

Accountabilities

• Manage client relationships to identify financial goals, challenges, and risk tolerance, supporting data analysis from various sources to identify trends and areas for improvement.
• Research industry trends, regulatory landscape, and competitive environment to inform strategic recommendations.
• Design customized solutions addressing clients' specific needs, incorporating a range of bank products and services.
• Communicate value propositions, justify recommendations, and negotiate beneficial terms for clients and the bank.
• Provide guidance on financial decisions, offering investment advice, risk management, and wealth strategies, keeping clients informed on market trends.
• Assess and minimize financial, legal, and operational risks associated with client relationships.
• Document all client interactions, transactions, and agreements for transparency and audit purposes.
• Monitor client satisfaction and revenue metrics to evaluate relationship management effectiveness.

Analyst Expectations

• Impact related teams' work within the area.
• Partner with other functions and business units.
• Take responsibility for operational processing and activities.
• Escalate policy or procedural breaches appropriately.
• Embed new policies and procedures for risk mitigation.
• Advise and influence decision-making within your expertise area.
• Manage risks and controls, ensuring compliance with relevant rules and regulations.
• Understand how your sub-function integrates with the organization and its products and services.
• Make evaluative judgments based on factual analysis, paying attention to detail.
• Resolve problems by applying technical experience and precedents.
• Guide and persuade team members, communicating complex information effectively.
• Act as a contact point for external stakeholders, building a network of contacts.

All colleagues are expected to embody Barclays Values: Respect, Integrity, Service, Excellence, and Stewardship, and to demonstrate the Barclays Mindset: Empower, Challenge, and Drive.