Wealth Banker - Onshore

Absa Group; United States; Remote; USD 80,000 - 120,000; Full time

Job summary

A leading bank is seeking a Wealth Banker to manage relationships with ultra-high-net-worth and high-net-worth clients. This role includes client portfolio management, business development, and compliance with global standards. The ideal candidate will have a Bachelor's degree and proven sales skills in Wealth Banking.

Qualifications

• Bachelor's degree required along with professional qualifications.
• Proven sales and networking abilities essential.
• Experience with high-net-worth financial products necessary.

Responsibilities

• Manage client portfolios for UHNW and HNW individuals.
• Lead new client acquisition through referrals and intermediaries.
• Ensure compliance with regulatory requirements such as KYC.

Skills

Sales

Networking

Business Development

Client Relationship Management

Education

Bachelor's Degree in Business, Commerce, or Management Studies

Job description

Empowering Africa’s tomorrow, together…one story at a time.

With over 100 years of rich history and a strong position as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future, and shape our destiny as a proudly African group.

My Career Development Portal: Wherever you are in your career, we are here for you. Design your future. Discover leading-edge guidance, tools, and support to unlock your potential. You are Absa. You are possibility.

Job Summary

• Act as the Wealth Banker to UHNW and HNW clients, providing bespoke Wealth services.
• Responsible for identifying and developing client relationships with ultra-high-net-worth and high-net-worth residents in Mauritius.
• Lead new client acquisition and retention, with extensive knowledge of Wealth Banking products across banking and non-banking sectors in multi-currency environments.
• Demonstrate proven sales, networking, origination, and business development skills to increase market share domestically.
• Maintain outstanding relationships with intermediaries such as management companies, real estate agents, asset management firms, legal firms, promoters, and government agencies.

Job Description

• Manage client portfolios focused on ultra/high-net-worth individuals in Mauritius, including individual accounts and SPVs.
• Develop and maintain existing relationships while identifying new business opportunities aligned with client needs.
• Develop and implement banking strategies with full revenue and balance sheet responsibility, suitable for senior banking leadership roles.
• Build new relationships through referrals, intermediaries, and internal networks.
• Originate new clients through lending, transactional banking, savings, and investments.
• Provide high-quality service to existing clients across all channels.
• Ensure compliance with global and market standards, including regulatory requirements like KYC, TCF, and fiduciary standards.
• Prepare credit applications and loan agreements, and address client queries.
• Foster collaboration and teamwork across departments.
• Act as a role model and trusted advisor, demonstrating leadership and governance.
• Support and develop team members, sharing best practices and encouraging continuous learning.
• Proactively pursue personal development and relevant training.
• Assist in driving Wealth and Banking initiatives.

Education

Bachelor's Degree in Business, Commerce, or Management Studies, along with professional qualifications.