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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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| Discretionary Wealth Management Investment Executive | Bruin Financial Competitive | UK-London | 23 May 13 |
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A leading global asset manager is looking for an RDR compliant individual to assist discretionary wealth manag...
| VP Operational Risk | PSD Risk Negotiable depending on experience | UK-London | 23 May 13 |
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This is an excellent opportunity to join a leading Investment firm in a challenging and diverse operational ri...
| Business/Operational Risk Officer | Saxton Leigh £50,000 - £65,000 | UK-London | 23 May 13 |
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Our Client is a world renown Private Bank based in the City. They are seeking an experience Operational Risk c...
| Senior Relationship Manager to Launch and Build a HNW Business Offering | Hanover Search & Selection £80-90k basic ote £120k | UK-London | 23 May 13 |
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*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 | 23 May 13 |
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*Great opportunity for a Head of UHNW Development - based in London with International travel*
| Sales Executive | Hanover Search & Selection Basic + Commission | UK-London | 23 May 13 |
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*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 | 23 May 13 |
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*Experienced Head of Investment Operations required for leading Life & Pension firm*
| Credit Officer (VP) - Private Banking - Real Estate | Hudson Banking Excellent package | UK-London | 23 May 13 |
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My client, the private banking arm of a top tier Investment Bank, is seeking an experienced individual from a...
| Associate | Scorpio Partnership £20,000 - £25,000 plus health/insurance... | UK-London | 23 May 13 |
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Associate - research analyst reporting to the Head of Research. The position is based in London with a bas...
| Family Office Investment Manager | Options Group £80-120k base and discretionary bonus up... | UK-London | 23 May 13 |
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Family Office Investment Manager for a first generation $300m+ Family Office.
| Wholesale/IFA Sales manager | Carter Murray London GBP4000 - GBP55000 per annum + excellent... | UK-London | 23 May 13 |
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An boutique Asset Manager is looking to grow the Wholesale & IFA Sales team and require an experienced Sales M...
| Equity Analyst | Cavendish Brown Exceptional Package | UK-London | 23 May 13 |
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*Our client is a leading privately owned fund management business running both a Global Equity and a multi str...
| Tax Operations Specialist | UBS Competitve | UK-London | 23 May 13 |
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We''re seeking a Tax Operations Specialist with a demonstrable understanding in some or all of the following -...
| Client Investment Operations | Not Disclosed £good | UK-London | 22 May 13 |
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Our client is a highly ethical, privately owned and well renowned global investment management business.
| Risk Business Partner - International | Nelson Scott LLP Competitive | UK-London | 22 May 13 |
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Acts as Business Partner for the International and European markets covering all disciplines in scope of the W...
| Chief Operating Officer (COO) | Bentley Reid & Co. Ltd Competitive | UK-London | 22 May 13 |
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We require a COO to direct, administer and coordinate the internal operations, in accordance with the aims and...
| Senior Wealth Planner | Société Générale - UK 40,000 - 80,000 | UK-London | 22 May 13 |
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To provide independent financial planning advice to clients introduced by Senior Private Bankers. To assist wi...
| UK TA Application Manager | Northern Trust £Competitve | UK-London | 22 May 13 |
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The role is to provide leadership and management oversight and control of the UK TA Application team. To enga...
| Interest Rate Quant. Front Office Madrid | BBVA Competitive | UK-London | 22 May 13 |
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Leading International Bank with a strong presence in Europe, North and Latin America and Asia, with over 95.00...
| Financial Manager - Group External Reporting | HSBC Global Services Center Market Related | UK-London | 22 May 13 |
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Group External Reporting occupies a leadership role in HSBC Global Finance and is responsible for all aspects ...
| Product/Solutions Managers x4 | SEI Investments (Europe) Ltd. Competitive with Excellent Benefits | UK-London | 22 May 13 |
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Through extensive interaction with clients, prospect firms and the market, the Solution Manager will identify ...
| Defined Contribution (DC) Service Manager | SEI Investments (Europe) Ltd. Competitive with Excellent Benefits | UK-London | 22 May 13 |
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Following growth of the auto-enrolment and Master Trust business, an opportunity is currently available for a ...
| UK Institutional Relationship Management Support | SEI Investments (Europe) Ltd. Competitive Salary with Excellent Benefi... | UK-London | 22 May 13 |
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SEI`s Institutional relationship management unit is responsible for servicing and developing SEI`s institution...
| Director- Head of Cash Products- Wealth Management | Hamlyn Williams £90,000-£120,000 Basic + Benefits + Bonu... | UK-London | 21 May 13 |
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To be responsible for the strategic development of cash management products and services across our clients gl...
| Investment Director | Hanover Search & Selection Excellent salary + bonus+benefits | UK-London | 21 May 13 |
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*Our client is a leading Global Private Bank and is seeking a highly experienced Investment Director with a br...
| FIG analyst - UK & Nordics | Morgan McKinley Negotiable | UK-London | 21 May 13 |
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My client, an award winning Investment Bank is seeking a UK and Nordic FIG analyst to support the existing tea...
| Investment Operations Manager | Capital Generation Partners £50-£70k + benefits + discretionary bonu... | UK-London | 21 May 13 |
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A private investment office is seeking to recruit an Investment Operations Manager whose primary responsibilit...
| Regulatory Business Analyst | Badenoch & Clark GBP500 - GBP650 per day | UK-London | 21 May 13 |
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The Regulatory Team is responsible for the execution of cross-functional, broad impact changes in platform, th...
| International Sales Executive - Private Clients/HNWI & Family Office Investors | Marcus Evans Basic + Commision + OTE First Year 65K | UK-London | 21 May 13 |
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This is a new B2B sales opportunity within our UK Private Wealth Management arm. Our clients are HNWIs / Famil...
| Top Tier Investment Associate | Arkesden Partners Excellent | UK-London | 20 May 13 |
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A leading International Credit fund seeks two Tier 1 Analysts/Associates to join their London based team