Private Banking, Team Assistant

2 months ago


London, United Kingdom Arbuthnot Latham Full time

***

Arbuthnot Latham has been associated with banking since 1833. We combine private and commercial banking, wealth planning and investment management. We believe in traditional relationship and service-led banking powered by modern technology.

This is a one year Industrial Placement starting on 4th September 2023. To be eligible for this programme you must be currently studying at University and undertaking a one year industrial placement as part of your course.

**Job purpose**

The Private Banking Team Assistant (TA) in the Specialist Team 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 carry out annual credit reviews
- Complete shadow postings daily
- 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**
- Organising, maintaining and coordinating diaries for the PB’s (including future planning of meetings, meeting preparation, planning for issues)
- Organize travel schedules

**Compliance**
- Responsible for managing risks inherent to the role by diligently observing internal policies and procedures

**Key Interfaces**
- Working within the team
- PBE’s
- Maintain excellent relationships with Operations, Treasury and Compliance

**Person Specification**

***

**Knowledge / Experience**
- Customer service experience preferred but not essential
- Interest in financial markets
- A curiosity to understand Wealth / Investment management and banking products
- Multi-tasking capability
- Ability to work under pressure

**Qualifications / Skills**
- Strong written and verbal communications skills are essential for this role
- Excellent time management and organizational skills

**Competencies**
- Performance Focus
- Customer Focus
- Communication & Confidence
- Working Proactively

**Application Process**

**About Us**

***

**Work, Life and Benefits**

At Arbuthnot Latham we offer:

- Competitive salary, pension, BUPA Single Cover & holiday allowance
- Opportunity for Agile working



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