cer Financial Ltd | Head of Wealth Management
Location:
City of London Type:
Permanent Salary:
£160k (based on experience) cer Financial are working alongside an international bank based in the City of London. They are seeking a Head of Wealth Management to work with them on a permanent basis. Responsibilities: Work with Head of Private Banking to develop the team's business strategy. Achieve annual new business targets as agreed with management. Ensure the growth and profitability of the Private Banking Wealth Management Portfolio through solicitations and referrals and the judicious selection of client portfolios. Develop sales leads generation from internal sources, the bank, client referrals, and personal network. Onboard clients for private banking products and services. Proactively develop client relationships, anticipate and provide solutions to client needs, and give high priority to client satisfaction, with responsibility for meeting or exceeding agreed performance targets and objectives. Drive the accurate assessment of client risk profile, suitability, and appropriateness for Wealth Management Service. Proactively manage the clients' investment portfolios by applying a range of portfolio management techniques. Promote the education of clients in the wealth management space and provide financial advisory services to enhance the quality of their investment decisions. Review client profiles to ensure investments are in accordance with mandates, risk profiles, and risk appetites. Oversee and ensure the flow of clients' transactions and investments portfolio. Develop budgets and targets for private banking business and ensure achievement of monthly and annual targets. Provide supervisory function within WM and Advisory Business Unit, ensuring relevant regulations adhered to for competence sign off of potential Advisors. Ensure that the competence standards are upheld and maintained whilst capturing and maintaining the documentary evidence. Actively involved in assessing, developing, monitoring, and reviewing competency status of all advisors within WM business unit. Responsible for ensuring that Advisors are aligned to the appropriate level of supervision and performances measured accordingly. Develop the Advisors' competence through coaching, training, and certification recommendations. Provide regular MI and updates to Senior Management and the Bank's external supervisor on the activities of the advisors. Develop dispassionate and objective relationships with third party fund managers and professionals e.g. law firms, property specialists, and tax advisers. Always be an ambassador for the bank both in the UK and externally and when required to travel on business. Supervise activities of middle office and back office. Assist in resolving client queries within the team. Requirements: At least 10-12 years experience as a Private Banker/Investment Advisor. Understanding of UK regulatory framework and experience in implementing the same. Experienced manager of a team of advisors. Direct knowledge and experience of the African market (West Africa). Exceptional networking skills and client relationship management skills. RDR Compliant - Level 6. Able to demonstrate commercial instinct in building opportunities into revenue.
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Location:
City of London Type:
Permanent Salary:
£160k (based on experience) cer Financial are working alongside an international bank based in the City of London. They are seeking a Head of Wealth Management to work with them on a permanent basis. Responsibilities: Work with Head of Private Banking to develop the team's business strategy. Achieve annual new business targets as agreed with management. Ensure the growth and profitability of the Private Banking Wealth Management Portfolio through solicitations and referrals and the judicious selection of client portfolios. Develop sales leads generation from internal sources, the bank, client referrals, and personal network. Onboard clients for private banking products and services. Proactively develop client relationships, anticipate and provide solutions to client needs, and give high priority to client satisfaction, with responsibility for meeting or exceeding agreed performance targets and objectives. Drive the accurate assessment of client risk profile, suitability, and appropriateness for Wealth Management Service. Proactively manage the clients' investment portfolios by applying a range of portfolio management techniques. Promote the education of clients in the wealth management space and provide financial advisory services to enhance the quality of their investment decisions. Review client profiles to ensure investments are in accordance with mandates, risk profiles, and risk appetites. Oversee and ensure the flow of clients' transactions and investments portfolio. Develop budgets and targets for private banking business and ensure achievement of monthly and annual targets. Provide supervisory function within WM and Advisory Business Unit, ensuring relevant regulations adhered to for competence sign off of potential Advisors. Ensure that the competence standards are upheld and maintained whilst capturing and maintaining the documentary evidence. Actively involved in assessing, developing, monitoring, and reviewing competency status of all advisors within WM business unit. Responsible for ensuring that Advisors are aligned to the appropriate level of supervision and performances measured accordingly. Develop the Advisors' competence through coaching, training, and certification recommendations. Provide regular MI and updates to Senior Management and the Bank's external supervisor on the activities of the advisors. Develop dispassionate and objective relationships with third party fund managers and professionals e.g. law firms, property specialists, and tax advisers. Always be an ambassador for the bank both in the UK and externally and when required to travel on business. Supervise activities of middle office and back office. Assist in resolving client queries within the team. Requirements: At least 10-12 years experience as a Private Banker/Investment Advisor. Understanding of UK regulatory framework and experience in implementing the same. Experienced manager of a team of advisors. Direct knowledge and experience of the African market (West Africa). Exceptional networking skills and client relationship management skills. RDR Compliant - Level 6. Able to demonstrate commercial instinct in building opportunities into revenue.
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