Private Banking Advisor

Placements24; East London; Hybrid; ZAR 600,000 - 1,200,000; Full time

Benefits offered by this job

Hybrid work model

Medical aid

Retirement benefits

Investment opportunities

Professional development

Commission & bonus

Job summary

Placements24 in East London seeks a sophisticated Private Banking Advisor to serve high-net-worth individuals with bespoke wealth management, including investments, financial planning, lending and banking services. You will build long-term client relationships and coordinate with internal specialists.

The role requires a finance degree, CFP/CFA valued, at least five years in private banking, strong knowledge of markets, and outstanding communication.

Qualifications

• Bachelor's degree in Finance, Business, Economics, or a related field.
• Professional qualifications such as CFP or CFA are highly valued.
• Minimum of 5 years of experience in private banking or wealth management.
• Proven track record of acquiring and retaining high-net-worth clients.
• In-depth knowledge of investment products, financial planning tools, and banking services.
• Excellent communication, interpersonal, and client relationship management skills.
• Understanding of the South African financial market and regulatory environment.

Responsibilities

• Develop and manage a portfolio of high-net-worth clients.
• Provide expert advice on investment strategies and wealth planning.
• Source new clients through networking and referrals.
• Coordinate with internal specialists to deliver integrated solutions.
• Ensure compliance with regulatory requirements and internal policies.
• Conduct regular portfolio reviews and financial health assessments.

Skills

Client relationship management

Investment knowledge

Communication

Networking

Education

Bachelor's degree in Finance/Business/Economics

CFP/CFA qualifications

Tools

Financial planning tools

Job description

About the Role

Our client is seeking a sophisticated and relationship-driven Private Banking Advisor to join their esteemed team in East London . This role is dedicated to serving the unique financial needs of high-net-worth individuals and families. You will provide comprehensive wealth management solutions, including investment advice, financial planning, lending, and banking services, building and maintaining strong, long-term client relationships. This is an exceptional opportunity for a seasoned professional in the banking and finance sector to manage a portfolio of discerning clients and deliver bespoke financial strategies.

Key Responsibilities

• Develop and manage a portfolio of high-net-worth clients, understanding their financial goals and risk tolerance.
• Provide expert advice on investment strategies, wealth planning, estate planning, and philanthropic goals.
• Source new clients through networking, referrals, and leveraging existing relationships.
• Coordinate with internal specialists (e.g., investment managers, lending officers) to deliver integrated solutions.
• Ensure compliance with all regulatory requirements and internal policies related to private banking.
• Conduct regular portfolio reviews and financial health assessments with clients.

Requirements

• Bachelor's degree in Finance, Business, Economics, or a related field; relevant professional qualifications (e.g., CFP, CFA) are highly valued.
• Minimum of 5 years of experience in private banking, wealth management, or a similar client-facing financial advisory role.
• Proven track record of acquiring and retaining high-net-worth clients.
• In-depth knowledge of investment products, financial planning tools, and banking services.
• Excellent communication, interpersonal, and client relationship management skills.
• Understanding of the South African financial market and regulatory environment.

Benefits

• Highly competitive salary with an attractive commission and bonus structure.
• Comprehensive medical aid and retirement benefits.
• Access to exclusive investment opportunities and financial planning tools.
• Hybrid work model enabling a balance between client engagement and personal flexibility.
• Ongoing professional development and networking opportunities.