Private Banker

Placements24; LegKraal Gate; Hybrid; ZAR 700,000 - 1,100,000; Full time

Benefits offered by this job

Hybrid flexibility

Health benefits

Retirement benefits

Career advancement

Exclusive tools

Job summary

Placements24 in Mahikeng, South Africa, is seeking a sophisticated Private Banker to manage relationships with high-net-worth individuals and families. You will provide exclusive banking, investment, and wealth management services as the primary contact for affluent clients.

The role requires a Bachelor's degree in Finance or related field, 5+ years in private banking, and strong skills in investment products, lending solutions, and wealth planning. A CFP or CFA is desirable.

Qualifications

• Bachelor's degree in Finance, Economics, Business Administration, or a related field.
• Professional designations CFP or CFA are highly desirable.
• Minimum of 5 years in private banking, wealth management, or advisory for affluent clients.
• Proven track record of acquiring and retaining high-net-worth clients.
• Strong knowledge of investment products and wealth planning.

Responsibilities

• Develop and nurture long-term relationships with high-net-worth clients.
• Understand financial goals and risk tolerance; provide tailored banking and lending strategies.
• Originate new client relationships through networking and referrals.
• Collaborate with investment advisors and estate planners for integrated wealth solutions.
• Manage client portfolios to align with objectives and market conditions.
• Ensure compliance with regulatory requirements and internal policies.

Skills

Relationship management

Communication skills

Negotiation

Wealth planning

Investment products

Lending solutions

Business development

Education

Bachelor's degree in Finance/Economics/Business Administration

CFP/CFA desirable

Job description

About the Role

Our client is seeking a sophisticated and client-centric Private Banker to manage and grow relationships with high-net-worth individuals and families in Mahikeng . This role is central to providing exclusive banking, investment, and wealth management services tailored to the unique needs of affluent clients. You will act as the primary point of contact, offering expert advice and comprehensive financial solutions within the prestigious Banking & Finance sector . This is an excellent opportunity for a relationship-driven professional to build lasting partnerships and significantly impact client financial success in the Mahikeng region.

Key Responsibilities

• Develop and nurture strong, long-term relationships with a portfolio of high-net-worth clients.
• Understand clients' financial goals, risk tolerance, and provide tailored banking, lending, and investment strategies.
• Originate new client relationships through networking and referrals.
• Coordinate with internal specialists (e.g., investment advisors, estate planners) to deliver integrated wealth management solutions.
• Manage client portfolios to ensure performance aligns with client objectives and market conditions.
• Ensure all client interactions and transactions comply with regulatory requirements and internal policies.

Requirements

• Bachelor's degree in Finance, Economics, Business Administration, or a related field.
• Professional designations like CFP or CFA are highly desirable.
• Minimum of 5 years of experience in private banking, wealth management, or financial advisory for affluent clients.
• Proven track record of successfully acquiring and retaining high-net-worth clients.
• Deep understanding of investment products, lending solutions, and wealth planning strategies.
• Exceptional interpersonal, communication, and negotiation skills.
• Ability to work effectively in a hybrid environment, balancing in-person client engagement with remote operational tasks.

Benefits

• Highly competitive salary with significant bonus potential tied to relationship growth and client satisfaction.
• Access to exclusive wealth management tools and resources.
• Comprehensive health and retirement benefits.
• Opportunities for career advancement within the financial services industry.
• A dynamic and professional work environment offering hybrid flexibility in Mahikeng .