Relationship Manager - Private Banking

RM - Private Banking

About our Client :

Our client is one of India's leading private sector banks, known for its commitment to delivering high-quality financial services. As part of our continued growth in the private banking sector, we are seeking a dynamic and experienced Relationship Manager - Private Banking for Mumbai location.

Position Overview:

As a Relationship Manager in Private Banking, you will play a key role in managing and nurturing relationships with Ultra High Net Worth Individuals (UHNIs). The ideal candidate will have a strong background in private banking, demonstrating expertise in understanding and catering to the unique financial needs of high net worth clients.

Key Responsibilities:

1] Client Relationship Management:

- Build and maintain strong relationships with UHNI clients.

- Understand clients' financial objectives and provide tailored wealth management solutions.

2] Portfolio Management:

- Effectively manage and grow the portfolio of UHNI clients.

- Provide strategic advice on investment opportunities and wealth preservation.

3] Wealth Management Products:

- Possess a deep understanding of various wealth management products and services.

- Recommend and implement appropriate investment strategies based on clients' financial goals.

4] Risk Management:

- Assess and manage risk factors associated with client portfolios.

- Ensure compliance with regulatory guidelines and internal policies.

5] Team Collaboration:

- Collaborate with internal teams to deliver comprehensive financial solutions.

- Work closely with product specialists to provide holistic wealth management services.

6] Market Research:

- Stay abreast of market trends, economic developments, and financial products.

- Provide clients with timely updates and insights on market conditions.

Qualifications and Skills:

- Masters and / or Bachelor's degree in Finance, Business, or a related field.

- 6 to 12 years of experience in private banking, with a focus on UHNI clients.

- Proven track record of successfully managing and growing client portfolios.

- In-depth knowledge of wealth management products and financial markets.

- Strong analytical and problem-solving skills.

- Excellent communication and interpersonal skills.

- Relevant certifications (e.g., CFP, CFA) would be an added advantage.

Monika