Position : Private Banker

Location : Mumbai, Bangalore, Pune

Job Type : Full-time

Department : Wealth Management/Private Banking

Job Summary:

- The Private Banker plays a crucial role in our Wealth Management division, serving as a trusted financial advisor to high-net-worth individuals, affluent clients, or business clients. The primary responsibility is to understand clients' financial needs, provide tailored financial solutions, and build lasting relationships that foster client retention and growth.

Key Responsibilities:

Client Relationship Management : Develop and maintain strong relationships with high-net-worth individuals, affluent clients, or business clients. Conduct comprehensive financial assessments to understand clients' goals, risk tolerance, and financial situation. Act as the main point of contact for clients, addressing their financial inquiries, concerns, and requests promptly and professionally. Regularly review client portfolios and financial plans to ensure they align with their objectives.

Financial Advisory : Provide expert financial advice and recommendations to clients regarding investments, asset allocation, estate planning, tax optimization, and other wealth management strategies. Create customized financial plans and investment strategies tailored to each client's unique needs and objectives. Stay updated on market trends, economic developments, and financial products to offer informed advice.

Business Development : Identify and pursue opportunities to grow the client base through referrals, networking, and outreach efforts. Collaborate with other team members and departments to cross-sell banking and financial products and services.

Risk Management : Ensure compliance with regulatory requirements and internal policies to mitigate risk. Monitor client accounts and transactions for suspicious activity or unusual behavior.

Performance Tracking : Monitor the performance of client portfolios and investments, making adjustments as needed to achieve financial goals. Provide regular performance updates and reports to clients.

Qualifications :

1. Bachelor's degree in Finance, Business, Economics, or related field (Master's degree or CFA designation may be preferred).

2. Proven experience in private banking, wealth management, or financial advisory services.

3. Strong knowledge of financial markets, investment products, and financial planning strategies.

4. Excellent communication, interpersonal, and relationship-building skills.

5. Analytical mindset with the ability to assess and manage financial risks.

6. Ability to work independently and as part of a team.

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