Associate Private Banker - Cambridge, United Kingdom - Société Générale

Société Générale

Verified Company

Cambridge, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Responsibilities:

Description of the Business Line or Department_ _**Our commercial strategy focuses on Client Relationship Management in the following areas across the UK, Channel Islands and Gibraltar:

Ensure growth through our key client segments: KCIS (Key Client International Segment), Core Domestic Private Banking, B2B (FIM/EAM)
Drive global relationship management, notably by combining our indicators by entity and by private banker (AuM, NNMA, NBI, GOI);
Anchor our risk culture, conduct, Customer Excellence and the Group values described in the Leadership Model in our sales force on a daily basis

For this role this will include Client/Asset gathering, maintenance of existing client book and actively assisting further expansion. Introduction of new client relationships to the Bank. Creation of new portfolio mandates with primary focus on DPM, Managed Advisory and Credit.

This role does not permit an APB to provide advice or recommendations (including opinion or judgment) to clients, irrespective of whether a Certified Person is present, this responsibility sits with the Private Banker.

Summary of the key purposes of the role

The purpose of the Associate Private Banker role is to support Private Bankers in the maintenance and development of new and existing client relationships.
Is responsible for providing support to one or more Private Banker(s) / Directors in developing, managing and retaining client relationships with high net worth individuals as a member of a team of private bankers who are focused on one or more target segments, ensuring ongoing support to the Private Banking Assistants as required
Actively assisting in developing client relationships to their full business potential

Profile required:

Summary of responsibilities

Provide client relationship management support to Private Bankers, and enhance the reputation of the Bank for providing high quality relationship management.
Proactively manage Bankers' portfolios support the Private Banker in revenue generation from existing and potential clients by identifying new opportunities, whilst at all times being mindful of, and adhering to the principles of Treating Customers Fairly. It is expected to fully understand the clients and their circumstances.
Diarise and prepare for client meetings with Private Bankers liaise with portfolio managers, wealth planners and the credit team prior to coordinate attendance, where appropriate. Review past meeting notes, identify areas to discuss and if any information is required from the clients to update our records.
Attend meetings with Private Bankers and assist with the preparation of Investment Suitability Reviews and Credit proposals for banker sign off, documenting client circumstances appropriately, with the ability to identify high risk and vulnerable clients and support them to required standard.
Complete required paperwork and record maintenance post client meetings.
Develop a solid ongoing relationship with each client with whom they have regular contact and provide information that is accurate, clear, fair and not misleading, making sure we are satisfied that the client understands the information provided. In all dealings with clients, both preand postsale, ensure compliance with the principles of Treating Customers Fairly which focus on good client outcomes
Act as a point of contact for Private Bankers when they are away from the office or on annual leave.
When appropriate, join Bankers when meeting introducers / intermediaries.
Proactively seek out selfdevelopment opportunities internally by attending weekly investment meetings, Product and Services training and client events. Attain and maintain knowledge and competence in line with the firm's standards, evidencing and documenting learning ensuring appropriate CPD is completed and logged as required.
Maintain excellent professional standards through appropriate training and development and keep up to date with mandatory training and developments in the marketplace.
Fully respect SG Policies and Procedures defined locally, at PRIV and at Group Level, in order to control operational risks.

In addition to the minimum responsibilities
Comply with all Risk and regulatory obligations where relevant

Responsibility to act within agreed risk limit (credit/market, etc...)

Responsibility for ensuring that you are fully aware of and adhere to internal Policies that relate to you, your business or other businesses for which you have any level of responsibility

Responsibility for reading, understanding and complying with the Company's Conduct and Standards and corresponding regulations. You will be notified of changes to policies in a timely manner through announcements and/or intranet updates

Competencies

Builds relationships with clients and within and across teams to enable collaboration, and supports colleagues
Ability to prepare credit renewals and suitabilit