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xThis 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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| Wealth Management Advisor | 360 Search attractive | Ireland-Dublin | 10 May 13 |
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Relationship development for a panel of existing and new High Net Worth clients
| Business Analyst - Investment Management | Advantage Resourcing GBP40000 - GBP50000 per annum + benefits | UK-London | 17 May 13 |
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This leading Investment Management Company based in South London/Surrey is looking for a Business Analyst to j...
| Senior Private Banker (fix salary €250-300k) | Albert Cliff Ltd €250-300k fix + bens + bonus based on NN... | Monaco | 23 May 13 |
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Working alongside THE top private bank in MONACO, Albert Cliff is mandated to source Senior Private Bankers / ...
| Senior Wealth Manager - Boutique: Zurich | Albert Cliff Ltd Competitive + Bens + Bonus based on NNM | Switzerland-Zurich | 23 May 13 |
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Our client is a boutique Private Wealth Management firm, specialized in wealth management and consulting for w...
| Junior Retail Sales – Asset Management | ALS Recruit - EA Licence No. 07C5776 Attractive | Singapore | 23 May 13 |
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Our client is a top tier Investment Management firm providing a wide range of premium investment products to c...
| Financial Crime Advisory Manager – Private Banking | Altus Search £65,000 to £85,000 | UK-London | 20 May 13 |
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Financial Crime Advisory Manager - Private Banking
| Financial Crime Manager – Private Banking | Altus Search £60k - £80k | UK-London | 17 May 13 |
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Financial Crime Manager – Private Banking
| Compliance Advisory Manager – Private Banking | Altus Search £60k – 80k plus bonus & benefits | UK-London | 16 May 13 |
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Compliance Advisory Manager – Private Banking
| Client-On-Boarding Manager - Leading Private Bank | Ambition Hong Kong Attractive Salary | Hong Kong SAR | 21 May 13 |
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Opportunity to Develop Client on Boarding & Due Diligence (Private Bank) Specialisation....
| VP, Decision Support - Private Bank | Ambition Hong Kong Competitive Packages | Hong Kong SAR | 21 May 13 |
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VP Position in Business Decision Support in Private Banking..
| Sales Consultant - Melbourne (Docklands) or Sydney (Parramatta) | AMP OTE up to $150,000 per annum | Australia-Sydney | 22 May 13 |
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Reporting to the Sales Manager, the Sales Consultant is responsible for providing general advice on a suite of...
| Manager Actuary (Advice Delivery Wealth Protection and Mature Product) | AMP Competitive | Australia-Sydney | 22 May 13 |
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The role is responsible for leading a specialist team who are engaged with the Wealth Protection and Mature Pr...
| Global Accounts Director | ANKH Pte. Ltd. Will attract the best plus generous comm... | UK-London | 04 May 13 |
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Global Account Management, Sales,Business Development and Relationship Management Executive to develop and man...
| Pre-Sales and Business Consultants | ANKH Pte. Ltd. To attract the best | Luxembourg | 04 May 13 |
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The Pre-Sales Consultant''s main responsibility will be introducing our client's product/services offering and...
| Financial Planner Associate - South Melbourne, VIC | ANZ Competitive | Australia-Melbourne | 24 May 13 |
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See job description for details
| Retail Product Manager, Life Risk - OnePath / ANZ Wealth - Sydney | ANZ Competitive | Australia-Sydney | 23 May 13 |
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| Financial Planner Associate - Ballarat | ANZ Competitive | Australia-Melbourne | 23 May 13 |
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See job description for details
| Premium Relationship Manager - ANZ Wealth - Sydney | ANZ Competitive | Australia-Sydney | 23 May 13 |
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See job description for details
| Advice Systems Support Officer, Advice Delivery - Sydney | ANZ Competitive | Australia-Sydney | 23 May 13 |
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| Financial Planner Associate, Caboolture/Bribie Island | ANZ Competitive | Australia-Brisbane | 23 May 13 |
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| Financial Planning Opportunities - WA | ANZ Competitive | Australia-Perth | 23 May 13 |
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| Financial Planning Opportunities - NSW | ANZ Competitive | Australia-Sydney | 23 May 13 |
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| Financial Planning Opportunities - Queensland | ANZ Competitive | Australia-Brisbane | 23 May 13 |
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| Financial Planning Opportunities - SA | ANZ Competitive | Australia-Adelaide | 23 May 13 |
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| Financial Planning Opportunities - Victoria | ANZ Competitive | Australia-Melbourne | 23 May 13 |
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| Superannuation Insurance Manager - ANZ Wealth - Sydney | ANZ Competitive | Australia-Sydney | 23 May 13 |
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| Financial Planning Support Officer - Perth CBD | ANZ Competitive | Australia-Perth | 23 May 13 |
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| Senior Manager Mandate Research - ANZ Wealth Global CIO - Sydney | ANZ Competitive | Australia-Sydney | 23 May 13 |
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| Financial Planner Associate, Canberra | ANZ Competitive | Australia-Canberra | 23 May 13 |
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| Paraplanner, Brisbane | ANZ Competitive | Australia-Brisbane | 23 May 13 |
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See job description for details