Associate Private Banker - Newbury, United Kingdom - Carpenter Farraday

Description

The purpose of the Associate Private Banker role is to support Private Bankers in implementing client advice.

The role will work towards qualification and over time will be expected to develop through the Certification Regime and Training & Competence schemes under supervision into a fully competent Private Banker to ensure an internal supply of Private Bankers.

Is responsible for providing support to one or more Senior Private Banker(s) / Directors in developing, managing and retaining client relationships with high net worth individuals as part of a member of a team of private bankers who are focused on one ormore target segments, ensuring on-going support to the Private Banking Assistants as required

Actively assisting in developing client relationships to their full business potential.

• Provide administrative support to Private Bankers. Complete required paperwork and record maintenance, participate in various projects, respond to client enquiries and provide administrative coordination with all areas of the bank
• Attend meetings with Senior Private Banker(s)/Directors and assist with the completion of various client reviews (e.g Suitability Reviews, Periodic reviews, Static reviews) and Credit proposals ensuring full understanding of the onboarding process andhave the ability to document client circumstances appropriately, with the ability to identify high risk and vulnerable clients.
• Under supervision, understand existing client account types and portfolios (e.g asset classes such as Fixed Income/Equity) with the ability to communicate the Bank's current thinking on balance of portfolios
• Provide, and enhance the reputation of the Bank for, providing high quality relationship management;
• Liaise with Private Banker and middle office functions to ensure that the client proposition is effectively fulfilled and that all business transacted for clients and the postsale service provided to clients meets the key Treating Customer Fairly outcomes.
• Develop a solid ongoing relationship with each client with whom they have regular contact and in all dealings with clients, both preand postsale, ensuring compliance with the principles of Treating Customers Fairly
• Support the Private Banker in revenue generation from existing and potential clients, at all times be mindful of and adhere to the principles of Treating Customers Fairly
• Continuously seek out selfdevelopment opportunities by obtaining appropriate professional qualifications such as CISI Investment Advice Diploma (IAD) qualifications and expanding experience and product/industry knowledge.
• Proactively seek out selfdevelopment opportunities internally by attending weekly investment meetings, Product and Services training and client events. Evidence and document learning ensuring CPD is kept up to date
• Contribute and achieve personal and team targets and conversion rate at quarterly intervals throughout the year with Team Leader
• Use time effectively, balancing personal commitment with the use of other resources to deliver a high quality of service;
• Maintain excellent professional standards through appropriate training and development and keep up to date with developments in the market place;
• Work effectively and successfully within the team and corporate framework
• Perform all duties in accordance with the principles outlined in the Code of Conduct, as well as the policies and procedures relevant to your responsibilities, to ensure that you adhere to a culture that treats clients fairly and focuses on the long termsustainability of client relationships.