Wealth Manager - Private Banking

Job Description:

- Customer Acquisition Minimum of 1 Cr - 5 Cr and above invest-able surplus

- Financial Planning (FP) and Portfolio Services

- Execution of transactions post FP and on periodical basis

- Manage Private Wealth, PMS and AIF fund related queries

- Ensure delivery of various MIS reports as per requirements

- To develop short term and long-term sales strategies for the WM business- in line with the overall strategic goals of the organization

- To establish standardized and efficient sales processes to ensure quality control and efficient customer service delivery

- Ensure discipline of asset allocation

- Achieve a balance of revenue streams through sale of MF which will build a steady annuity flow and through all other asset class

- To drive strong client servicing and client engagement parameters, to enhance market credibility and deliver superior value proposition

- To closely observe, evaluate and monitor the client positions, portfolio allocations and ensure that they fall within risk and advisory parameters as laid down by Risk, Compliance and Research Teams

- To ensure adherence to internal and external

- Financial advisory guidelines and Risk Policies and ensure standards are in place to minimize mis-selling instances.

- To continuously scan the competition/market and report on emerging trends or any new development or business opportunities for WM

- Responsible for individual and team revenue generation in case of team leader role

- Build AUA

Required Skills

The role of a Wealth Manager/Private Banker is highly entrepreneurial and involves extensive client development, prospecting, and financial consultancy.

- Self motivated and passionate about financial markets with strong entrepreneurial skills.

- Excellent networking and communication skills

- Deep knowledge of all aspects of wealth/private banking activities

- Developing strategy and implementing process and team development that enhance the achievements of business objectives catering to HNI and UHNI net-worth individual of family offices