Private Banking / Investment Officer at Ultraviolet Microfinance Bank

Job Summary

• The Private Banking/Investment Officer is responsible for managing a portfolio of high-net-worth individuals (HNWIs) and providing personalized financial services, including investment management, wealth planning, and financial advice.
• The role involves understanding clients' financial goals, offering tailored investment solutions, and delivering exceptional customer service to ensure long-term relationships and growth of assets under management (AUM).

Key Responsibilities
Client Relationship Management:

• Develop and maintain strong, long-lasting relationships with high-net-worth clients, understanding their financial goals, preferences, and risk tolerance.
• Provide ongoing financial advice and strategic investment recommendations tailored to individual client needs.
• Serve as the primary point of contact for clients, addressing inquiries and resolving issues promptly.

Investment Management:

• Analyze clients' investment portfolios, making recommendations to enhance returns or reduce risk based on market conditions.
• Design and propose customized investment strategies, focusing on equities, fixed income, alternative investments, and other asset classes.
• Monitor portfolio performance and advise clients on adjustments to optimize their investments based on changing market dynamics.

New Business Development:

• Identify and acquire new private banking clients by networking, referrals, and leveraging existing relationships.
• Participate in marketing initiatives and events to promote the bank's private banking services.
• Meet sales targets for client acquisition and revenue generation.

Market and Product Knowledge:

• Stay up to date with financial markets, economic trends, and new investment products.
• Regularly update clients on market movements, potential investment opportunities, and financial strategies.
• Work closely with the bank's investment and research teams to provide clients with cutting-edge financial products and services.

Risk Management:

• Ensure all transactions comply with the bank’s policies, regulatory requirements, and risk management frameworks.
• Assess and manage client portfolios, ensuring appropriate diversification and risk mitigation strategies are in place.

Reporting and Documentation:

• Maintain accurate and up-to-date client records, including investment profiles, risk assessments, and transaction histories.
• Prepare regular reports on client portfolio performance and investment activity for clients and internal stakeholders.

Required Skills & Qualifications:
Education:

• Bachelor’s Degree / HND in a related field

Experience:

• Minimum of 3-5 years of experience in private banking, wealth management, or investment advisory.
• Strong understanding of financial markets, investment strategies, and private banking products.
• Proven track record of managing high-net-worth clients and meeting business development targets.

Soft Skills:

• Excellent interpersonal and communication skills, with the ability to build rapport with high-net-worth clients.
• Strong analytical skills with a keen attention to detail.
• Client-focused with a high degree of professionalism and integrity.
• Ability to work independently and as part of a team.