This sector contains all our wealth management and private banking jobs.
Private bankers and wealth managers help very rich people to manage their money in private, far away from the prying eyes of the gossip columnists and paparazzi.
Careers in wealth management fall into two categories:
Private bankers - who help clients invest their money wisely and avoid any risks that might reduce the value of their assets. They also offer tax and pensions advice, help clients to develop a strategy for charitable giving, and advise them on bequeathing their wealth to the next generation.
Private client brokers - who help clients to buy and sell financial products, particularly equities or stocks (hence the term "stockbroker"). They also offer advice on the best products to invest in.
The clients of private wealth managers can be anyone from company chief executives to property tycoons, investment bankers, footballers, pop stars or members of privately run family businesses.
Private banks typically look for clients with at least US$1m to invest, but many deal only with clients whose financial assets alone are worth more than US$30m.
In a private banking career, you can expect to perform one of three broad categories of job: investing money for existing clients, building relationships (i.e. a 'relationship manager'), or managing back-office functions such as human resources or accounting.
Private bankers working on the investment side either invest their clients' money themselves or offer their clients detailed advice to help them invest their own money. They are typically product specialists who are expert in a particular asset class, such as fixed income, equities, structured products of any kind, or investments in the private equity and hedge fund sectors.
Private bankers on the relationship side are effectively salespeople who spend their time cultivating links with clients and selling the bank's services.
Relationship private banking can involve a lot of travelling and close contact with interesting, unusual and demanding people. When a relationship private banker has established a client's needs, investment specialists are brought in to put a more detailed solution together.
Meanwhile, private client brokers typically come in two kinds: those working on discretionary mandates, in which wealthy clients communicate their general investment strategy and the broker buys and sells the financial products they think appropriate; and those working on advisory mandates, where the broker advises the client what to invest in, but needs their permission before actually making a move. Junior client brokers are most likely to work on advisory mandates.
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|Top Tier Investment Associate||Arkesden Partners Excellent||UK-London||20 May 13|
A leading International Credit fund seeks two Tier 1 Analysts/Associates to join their London based team
|Financial Crime Advisory Manager – Private Banking||Altus Search £65,000 to £85,000||UK-London||20 May 13|
Financial Crime Advisory Manager - Private Banking
|Operational Risk Manager - French and/or German speaker||HSBC Global Services Center Competitive||UK-London||20 May 13|
HSBC Private Bank is looking for a French or German speaking Operational Risk Manager to play a key role in ov...
|Senior Compliance Manager / Advisory / Investment Management||Jigsaw Search £60k-£80k||UK-London||20 May 13|
Compliance Manager required for a leading and growing Investment manager based in the city.
|Compliance Officer – Wealth Management||Not Disclosed £60k-£70k||UK-London||20 May 13|
An established wealth manager requires a manager in compliance handling regulatory activities across wealth ma...
|Project Manager/Business Analyst - Private Banking - London||Drake Fleming £80-90k basic + CAR, BONUS ETC.||UK-London||20 May 13|
My client, a prestigious Global Private Bank, is looking for a hybrid Project Manager/Business Analyst. You wi...
|Business Change Project/Programme Manager - Private Banking - London||Drake Fleming £90-95k + car + bonus||UK-London||20 May 13|
My client, a Global Private Bank, is looking for a Business Change Programme Manager who has broad delivery ex...
|Client Development Analyst||.HSBC £ Competitive||UK-London||20 May 13|
The role holder provides support to the Global 75 FIG Investor 'Client Development' function which is responsi...
|Charity Investment Manager||Sarasin & Partners LLP Competitive||UK-London||20 May 13|
Sarasin & Partners LLP is looking to expand their successful charities team with a new Charity Investment Mana...
|Financial Controller||Michael Page Financial Services. 60,000 - 75,000||UK-London||20 May 13|
Our client is a real estate and property fund investment group focusing on the European market. There is an...
|Senior Relationship Manager to Launch and Build a HNW Business Offering||Hanover Search & Selection £80-90k basic ote £120k||UK-London||20 May 13|
*Great opportunity for a Senior Relationship Manager to Launch and Build a HNW Business Offering*
|Head of UHNW Development||Hanover Search & Selection £100k basic OTE £300k annual , expenses...||UK-London||20 May 13|
*Great opportunity for a Head of UHNW Development - based in London with International travel*
|Sales Executive||Hanover Search & Selection Basic + Commission||UK-London||20 May 13|
*Excellent opportunity for young, hungry sales professional to join a family office. Excellent career progress...
|Head of Investment Operations||Hanover Search Financial Services Competitive basic salary, benefits & bon...||UK-London||20 May 13|
*Experienced Head of Investment Operations required for leading Life & Pension firm*
|Business/Operational Risk Officer||Saxton Leigh £50,000 - £65,000||UK-London||20 May 13|
Our Client is a world renown Private Bank based in the City. They are seeking an experience Operational Risk c...
|Assistant Relationship Manager / Private Banking / Wealth Management||Jigsaw Search £40k to £48k||UK-London||20 May 13|
A fantastic opportunity for a graduate with experience supporting a Private Banker / Relationship Manager in a...
|Senior Investor (French focus) - Private Bank - London||J.P.Morgan. Competitve||UK-London||20 May 13|
Please see the job description
|Events Manager - Global Markets; Private Bank||J.P.Morgan. Competitve||UK-London||20 May 13|
Please see the job description
|Associate||Scorpio Partnership £20,000 - £25,000 plus health/insurance...||UK-London||20 May 13|
Associate - research analyst reporting to the Head of Research. The position is based in London with a bas...
|Retail Sales Strategist||Argyll Scott International Up to £70k plus bonus and benefits||UK-London||20 May 13|
My client, a well-known global investment manager, is looking for a Retail Sales Strategist with excellent pro...
|Senior Private Banker||City Wharf Financial Recruitment Highly Competitive||UK-London||20 May 13|
Top tier private bank is currently looking to strengthen several of its internal desks globally. Therefore, ke...
|Operational Risk Manager - Asset Management/Private Banking||Carr Lyons Competitve||UK-London||20 May 13|
Operational Risk Manager - Asset Management/Private Banking
|Controls Analyst - London - Control||J.P.Morgan Competitive||UK-London||20 May 13|
The key responsibilities of a Global Standards & Controls Analyst in Network Market Management will include •...
|Family Office Investment Manager||Options Group £80-120k base and discretionary bonus up...||UK-London||20 May 13|
Family Office Investment Manager for a first generation $300m+ Family Office.
|Business Analyst - Investment Management||Advantage Resourcing GBP40000 - GBP50000 per annum + benefits||UK-London||17 May 13|
This leading Investment Management Company based in South London/Surrey is looking for a Business Analyst to j...
|Private Banking Administrator||Societe Generale Competitive||UK-London||17 May 13|
SG Hambros Bank is part of the private banking division of the Société Générale Group and provides a comprehen...
|Business Operations Manager (Middle Office)||HSBC Global Services Center Competitive||UK-London||17 May 13|
This role is responsible for the day to day running of a business operations team. The role involves managing ...
|Fund Analyst||Not Disclosed Highly competitive + bonus + benefits||UK-London||17 May 13|
My client, a leading international investment consultancy, is looking for a driven and motivated individual to...
|Compliance Manager - CF10/CF11||PSD Risk £90,000+ excellent remuneration pension...||UK-London||17 May 13|
An excellent opportunity for an accomplished Compliance Officer to join a successful family owned Private Bank...
|Product/Solutions Managers x4||SEI Investments (Europe) Ltd. Competitive with Excellent Benefits||UK-London||17 May 13|
Through extensive interaction with clients, prospect firms and the market, the Solution Manager will identify ...