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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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| Product Specialist - Solution Partners | Credit Suisse Negotiable | Hong Kong SAR | 23 May 13 |
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We are looking for a Product Specialist to join our Private Banking business in Hong Kong.
| Private Wealth Management HK, Client Service Associate | Morgan Stanley Competitive | Hong Kong SAR | 23 May 13 |
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See job description for details
| SENIOR STRUCTURED PRODUCT MANAGER | SLOANE MANHATTAN Competitive Remuneration Package | Hong Kong SAR | 23 May 13 |
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Due to business expansion, a renowned commercial bank, invites experienced Structured Product Manager to join ...
| Head of Booking Centre - Private Banking | Randstad Up to 80k p.a. | Singapore | 23 May 13 |
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A foreign bank is looking for an experienced Private Banker''s Assistant to lead the Booking Centre for the P...
| Java Developer ( back end ) | Jointech Software (Shenzhen) Company Competitive | Hong Kong SAR | 23 May 13 |
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Manages all design & development activities of an application system within the constraints of the requirement...
| Foreign Bank seeking Manager - Compliance (Regional exposure) | Empiric Basic plus bonus | Singapore | 23 May 13 |
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Our client is a foreign bank seeking Compliance professional to be part of their Compliance team supporting pr...
| Foreign Bank Seeking Business Continuity Management | Empiric Basic + Bonus | Singapore | 23 May 13 |
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Our client is a Top Tier Foreign Bank, providing exceptional service to its esteemed clients . Due to ongoing ...
| Singapore based Team Managers and RMs SME banking (lending or deposits) | Empiric Basic plus bonus | Singapore | 23 May 13 |
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A leading foreign bank is seeking experienced Team Managers and Relationship Managers to cater to its SME (tur...
| Manager - Finance (Foreign Bank) | Empiric Basic plus bonus | Singapore | 23 May 13 |
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A foreign bank is seeking a Finance professional with 6-8 years post graduation experience in SIngapore market...
| Investment Advisor/ Investment Counsellor | Reed Specialist Recruitment Hong Kong Competitive Salary Package | Singapore | 23 May 13 |
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A growing private bank with a strong presence across Asia is looking to grow their Singapore business. The bus...
| Private Banker - Southeast Asia Market | Reed Specialist Recruitment Hong Kong Competitive Salary Package | Singapore | 23 May 13 |
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A growing Private Bank with a strong global presence is looking to grow their private banking business. The bu...
| Private Wealth Client Documentation / Account Opening | Huxley Associates SGD50000 - SGD120000 per annum | Singapore | 23 May 13 |
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Global Private Bank, now looking to hire within their Client Documentation / Account Opening team
| AVP, Information System Security Administration | WMRC (License no. 06C4870) Attractive remuneration plus benefits | Singapore | 23 May 13 |
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This role covers the main functions for Business Continuity Plan (BCP)/ Disaster Recovery (DR).
| Recruitment Consultant | WMRC (License no. 06C4870) Attractive remuneration plus bonus | Singapore | 23 May 13 |
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WMRC is expanding and looking to hire a Recruitment Consultant!
| Retail Product Manager, Life Risk - OnePath / ANZ Wealth - Sydney | ANZ Competitive | Australia-Sydney | 23 May 13 |
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See job description for details
| Financial Planner Associate - Ballarat | ANZ Competitive | Australia-Melbourne | 23 May 13 |
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| 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 Planner Associate, Hornsby | ANZ Competitive | Australia-Sydney | 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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See job description for details
| 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