Senior Private Banker

Placements24; Sandton; Hybrid; ZAR 900,000 - 2,100,000; Full time

Benefits offered by this job

Competitive salary

Private medical aid

Pension fund

Executive benefits

Hybrid work model

Job summary

Placements24 seeks a Senior Private Banker to lead relationships with high-net-worth clients in Sandton, Gauteng. You will deliver sophisticated wealth management advice across investments, lending, and estate planning, while driving asset growth and client satisfaction.

The role requires 7+ years in private banking or wealth management, strong networking skills, and a proven track record with affluent clients. Hybrid work and a prestigious environment await.

Qualifications

• Bachelor's degree in Finance, Economics, Business, or related field.
• Master's degree or professional certifications (CFA/ CFP) are highly advantageous.
• Minimum of 7 years of experience in private banking, wealth management, or related client-facing role.
• Demonstrated success in managing and growing high-net-worth client portfolios.
• Strong understanding of investment products, lending, estate planning, and tax considerations.
• Excellent interpersonal, communication, and negotiation skills.

Responsibilities

• Develop and manage a portfolio of HNW clients, building deep, trusted relationships.
• Provide expert financial planning and wealth management advice across investments and estate planning.
• Identify client needs and proactively offer relevant banking, lending, and investment solutions.
• Drive asset gathering and deposit growth within the client portfolio.
• Collaborate with internal specialists to deliver comprehensive client solutions.
• Ensure compliance with regulatory requirements and internal bank policies.
• Stay abreast of market trends and new financial products.
• Participate in business development to attract new HNW clients.
• Prepare and present regular financial reviews and portfolio performance reports.

Skills

Relationship management

Financial planning

Client engagement

Networking

Negotiation

Education

Bachelor's degree in Finance/Economics/Business

Master's degree or CFA/ CFP advantageous

Tools

CRM systems

Financial planning software

Job description

About the Role

Our client, a prestigious private banking division, is seeking an experienced and client-focused Senior Private Banker to join their esteemed team in **Sandton, Gauteng**. This role requires an individual with a proven track record of managing high-net-worth (HNW) client relationships, providing sophisticated financial advice, and driving asset growth. You will be responsible for understanding the complex financial needs of affluent clients and delivering tailored solutions across investments, lending, and wealth management within the **Banking & Finance** sector. This is a key position for someone looking to leverage their expertise and extensive network to serve a discerning clientele in the heart of **Sandton, Gauteng**'s financial hub.

Key Responsibilities

• Develop and manage a portfolio of HNW clients, building deep, trusted relationships.
• Provide expert financial planning and wealth management advice, including investment strategies, estate planning, and tax considerations.
• Identify client needs and proactively offer relevant banking, lending, and investment solutions.
• Drive asset gathering and deposit growth within your client portfolio.
• Collaborate with internal specialists (e.g., investment managers, estate planners) to deliver comprehensive client solutions.
• Ensure compliance with all regulatory requirements and internal bank policies.
• Stay abreast of market trends, economic conditions, and new financial products.
• Actively participate in business development activities to attract new HNW clients.
• Prepare and present regular financial reviews and portfolio performance reports to clients.
• Maintain the highest standards of client service and confidentiality.

Requirements

• Bachelor's degree in Finance, Economics, Business, or a related field.
• A Master's degree or relevant professional certifications (e.g., CFA, CFP) are highly advantageous.
• Minimum of 7 years of experience in private banking, wealth management, or a related client-facing role within **Banking & Finance**.
• Demonstrated success in managing and growing HNW client portfolios.
• Strong understanding of investment products, financial markets, lending, and estate planning.
• Excellent interpersonal, communication, and negotiation skills.
• Proven ability to build rapport and trust with sophisticated clients.
• Strong business development and networking capabilities.
• Proficiency in financial planning software and CRM systems.
• Understanding of relevant South African financial regulations.
• Residency in or close proximity to **Sandton, Gauteng** is preferred.

Benefits

• Highly competitive salary and attractive bonus structure based on performance and asset growth.
• Comprehensive benefits package including private medical aid, pension fund, and other executive benefits.
• Exceptional career development opportunities within a leading private bank.
• Access to exclusive client events and networking opportunities.
• A prestigious work environment in **Sandton, Gauteng**.
• Hybrid work model offering flexibility to balance client engagement and personal needs.
• Continuous learning and professional development support.
• The opportunity to manage and grow a significant portfolio of high-value clients.