Private Banking Executive in United States

at a Confidential Company

Banking / Financial Services
Executive / Top Management
Minimum Qualification
Required Experience
5 - 7 years
Employment Type
Full Time
Male or Female

Job Description

Job Summary:

Also known as High Net worth Banking, Incumbents would deal directly with Clients of the Bank with very high Net worth.

Duties and Responsibilities

* The prime responsibility of the private banker is to manage the bank’s relationship with a certain number of high net worth individuals.

* He or she has to understand the requirements and needs of the Bank's wealthy clients and accordingly cater to those requirements.

* He or she has the responsibility to monitor and manage existing credit relationships

* He or she has to contract with the existing or prospective customers to promote the bank services and to develop the business.

* He or she has to cater to a wide variety of commercial and individual loans, both secured and unsecured

* He or she has to fulfill other duties also such as to deal with the delivery of brokerage, investment management, trust and insurance products and services

Skills and Specifications:

* There is need for the Candidates to have the ability to understand the peculiar needs of these high net worth clients.

* He or she should have a strong knowledge about the business processes and analyzing deals.

* He or she must be able to secure and maintain a strong network among the ultra high net worth individuals.

* He or she should have an aptitude for sales, finance and banking to work in the sector.

* The candidates need to have leadership and strong communication skills with the ability of presentation.

Education and Qualifications

* The basic degree required for the job is an HND and Bachelors Degree in any field.

* Preferably a post graduate or master’s degree in economics, banking, finance, accounts and administration.

* Past working experience of 5 to 7 years in the Banking Sector.
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