Senior Wealth Management Director
3 weeks ago
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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