Relationship Manager - Private Wealth Management

Description :

Job Title : Relationship Manager - Private Wealth Management

Job Overview : As a Relationship Manager in the Private Wealth Management industry, your primary responsibility is to cultivate and maintain strong relationships with high-net-worth clients. You will be tasked with understanding clients' financial goals, providing expert advice, and delivering customized wealth management solutions to help them achieve their objectives. This role requires a deep understanding of financial markets, investment products, and a proactive approach to client service.

Key Responsibilities :

Client Relationship Management :

- Build and nurture relationships with high-net-worth individuals, families, and institutions.

- Understand clients' financial objectives, risk tolerance, and preferences to tailor wealth management strategies.

Financial Advisory :

- Provide comprehensive financial advice and investment recommendations based on clients' needs and market conditions.

- Develop and present personalized financial plans, considering investment, estate planning, tax strategies, and other relevant factors.

Portfolio Management :

- Oversee and manage client portfolios, ensuring alignment with their financial goals and risk tolerance.

- Monitor market trends, economic developments, and investment opportunities to optimize portfolio performance.

Product Knowledge :

- Stay informed about a wide range of financial products, including equities, fixed income, alternative investments, and insurance.

- Recommend and implement suitable investment solutions to meet clients' unique requirements.

Compliance and Risk Management :

- Ensure compliance with regulatory requirements and internal policies.

- Implement risk management strategies to protect clients' investments and wealth.

Client Education :

- Educate clients on investment strategies, market trends, and financial planning concepts.

- Conduct periodic reviews to update clients on portfolio performance and recommend adjustments as needed.

Collaboration :

- Work closely with internal teams, including portfolio managers, analysts, and legal professionals, to deliver holistic wealth management services.

- Collaborate with external professionals, such as tax advisors and estate planners, to provide comprehensive financial solutions:

Ideal Educational Criteria, Experience and CTC for Wealth RMs :

1. MBA/CFA is preferred but not mandatory

2. MBA from tier 1/reputed colleges

3. Should be ideally in an age group of 32 - 38 years of age

4. Minimum 8 - 10 years of experience in wealth platforms as a RM

5. First attempt pass of all major exams (10th/12th/Graduation)

Client Company Profile :

- One of the biggest names in the Wealth Management Industry. One of the biggest Financial Institutions of the country.