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Head of Private Banking

2 months ago


London, Greater London, United Kingdom The Curve Group Full time
Job Description

About The Curve Group

The Curve Group is a leading financial services company that offers a range of personal and corporate savings products, as well as finance for UK residential and commercial property. We are seeking an experienced professional to join our team as a Senior Wealth Manager.

Key Responsibilities

  • Provide active input to the overall business management, growth, strategic development, and leadership for Private Banking.
  • Drive attainment of key performance targets, including wealth management operations, revenue, new client additions, product offering development enhancements, and client satisfaction metrics.
  • Attract and retain high-value clients and grow the Wealth Management business.

Leadership Responsibilities

  • Promote strong and effective working relationships and communications within staff, ensuring that staff are motivated, developed, and supported.
  • Work with the Head of Private Banking to develop the team's business strategy, including periodic performance reviews.

Sales Responsibilities

  • Ensure the growth and profitability of the Private Banking Wealth Management Portfolio through solicitations and referrals and the judicious selection of client portfolios.
  • Develop sales leads generation from internal sources, group, client referrals, and personal network.
  • Drive the accurate assessment of client risk profile, suitability, and appropriateness for Wealth Management Service.
  • Onboard clients for private banking products and services in accordance with UK and company procedures and regulations.

Technical Responsibilities

  • Proactively manage clients' investment portfolios by applying a range of portfolio management techniques.
  • Promote the education of clients in the wealth management space and provide financial advisory services to enhance the quality of their investment decisions.
  • Review client profiles to ensure investments are in accordance with mandates, risk profiles, and risk appetites.
  • Oversee and ensure the flow of clients' transactions and investments portfolio is in accordance with client's mandate and risk profile.

Competency Supervisory Responsibilities

  • Provide supervisory function within WM and Advisory Business Unit, ensuring relevant regulations adhered to for competence sign off of potential Advisors.
  • Liaise with the Bank's external supervisor to ensure strict adherence to the T & C with regards to attaining competency.
  • Ensure that the competence standards are upheld and maintained whilst capturing and maintaining the documentary evidence.
  • Actively involved in assessing, developing, monitoring, and reviewing competency status of all advisors within WM business unit.

Service Responsibilities

  • Develop dispassionate and objective relationships with third-party fund managers and professionals, e.g., law firms, property specialists, and tax advisers.
  • Be an ambassador for the bank both in the UK and externally and at all times when required to travel on business.
  • Supervise activities of middle office and back office to ensure timely and efficient service delivery to private banking.

Key Skills/Experience

  • Experienced banker and investment specialist.
  • International background, ideally with direct experience of the West African market Existing client relationship/network in the non-domiciled market.
  • FCA approved - CF30 (as appropriate).
  • Exceptional client relationship management skills.
  • RDR Compliant - level 4 or above FCA approved qualification.
  • Able to demonstrate commercial instinct in building opportunities into revenue. Outstanding communication skills.

Benefits

  • Up to 10% employer pension contribution.
  • Life Assurance Cover.
  • Income protection.
  • Private Medical Insurance plan (upon successful completion of probation period).
  • Contribution to glasses/contacts and eye testing.
  • Gym subsidy (up to £50 per month).
  • Cycle to work scheme.
  • Employee Assistance Program.
  • Interest Free season ticket loan for travel.
  • Birthday Leave.
  • 25 days annual leave, rising to 28 after 3 years and 30 after 8 years' service.
  • Give As You Earn (GAYE).