Private Banking - London, United Kingdom - Arbuthnot Latham

Arbuthnot Latham

Verified Company

London, United Kingdom

1 week ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

***The Private Banking Team Assistant (TA) will primarily focus on providing pro-active support to a team of Private Banking Executives (PBE), Private Bankers (PB) and their portfolio of clients. They will support Private Bankers with client acquisition and retention via client contact, but will primarily provide support in the preparation/submission of credit reviews, Know Your Client reviews, account opening and daily transaction reports. The PBE will act as a proxy for the PBE, representing him/her in meetings or communications.

Key responsibilities

_Client service and Sales support_

Manage account maintenance procedures including account opening and account closing
Collation and submission of Credit Applications on behalf of PBE's and PB's
Monitor the return of Facility letters, and completion of LMF/interest rate/fee forms
Monitor, prepare and/or carryout annual credit reviews
Complete shadow postings of a daily basis
Monitor, prepare and/or complete annual client reviews maintaining client files in the process

_General Administration_

Preparing client communications
Preparing account opening forms
Responsible for keeping client records updated
Instigating and maintaining client files

_Private Banker's organization_

Organizing, maintaining and coordinating diaries for the PB's (including future planning of meetings, meeting preparation, planning for issues
Organize travel schedules

C_ompliance_**- Complete compliance regulatory exams, adhering to both legal and regulatory requirements

Key Interfaces

Working with the team PBE's
Maintain excellent relationships with Operations, Treasury and Compliance
Person Specification

***
_Knowledge/Experience_

Experience in Client Facing Roles
Private banking or customer service experience in supporting Private Banking Areas
A good understanding of HNW segment and market
Technical knowledge around all areas of Lending
Knowledge of regulatory requirements covering money laundering and criminal activity
Strong interest in financial markets
Knowledge of wealth management in banking products
Multitasking capability
Ability to work under pressure with a heavy workload

_Skills_
A good understanding of Banking Systems and be IT literate, and a high understanding of Microsoft office

CRM Salesforce knowledge and understanding

Strong written and verbal communications skills are essential for this role

Excellent time management and organizational skills

_Competencies_