Senior Wealth Management Director

3 weeks ago


London, Greater London, United Kingdom FirstBank UK Limited Full time

About the Role

FirstBank UK Limited is seeking an experienced Senior Wealth Management Director to lead our wealth management operations in London.

Company Overview

We are a globally recognised, successful bank providing world-class services to various institutions and individuals. With over 10 million active customers across 700 business locations, we offer a comprehensive range of retail and corporate financial services/products.

Job Description

This hybrid role involves driving key performance targets (wealth management operations, revenue, new client additions, product offering development enhancements), attracting and retaining high-value clients, and growing the wealth management business with a strong focus on client satisfaction metrics within our target market.

Responsibilities

  • Promote effective working relationships and communications with staff, ensuring they are motivated, developed, and supported.
  • Develop the team's business strategy in collaboration with the Head of Private Banking.
  • Shape and support the development of the business strategy, including periodic performance reviews for the CEO.
  • Achieve annual new business targets as agreed with Management.
  • Ensure the growth and profitability of the Private Banking Wealth Management Portfolio through solicitations and referrals.
  • Develop sales leads from internal sources, FBN group, client referrals, and personal network.
  • Onboard clients for private banking products and services in accordance with UK and FBN procedures and regulations.

Skill Requirements

  • At least 10-12 years' experience as a Private Banker/Investment Advisor.
  • Understanding of the UK regulatory framework and experience in implementing same.
  • Experienced manager of a team of advisors.
  • Direct knowledge and experience of the African market (particularly West Africa).
  • Exceptional networking skills and client relationship management skills.
  • RDR Compliant - Level 6.
  • Able to demonstrate commercial instinct in building opportunities into revenue.

Benefits Package

  • Up to £120,000 base salary, negotiable based on experience.
  • 10% employer pension contribution.
  • Life Assurance Cover.
  • Income protection.
  • Private Medical Insurance plan.
  • Gym subsidy (£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).


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