Wealth Planner - Executive Director - Private Bank - Rothstein Recruitment

Wealth Planner - Executive Director - Private Bank

Excellent opportunity opens for a Wealth Planner to join a renown global European Private Bank. This is a crucial position where you will be supporting the Private Bankers across all areas of Wealth Planning for UHNW clients, acting as an SME, and you will be responsible for supporting the implementation of suitable solutions.

Responsibilities:

1. Support RMs in all aspects of wealth planning in service of private clients (existing/prospects) by providing strategic wealth planning advice, guidance and solutions, as well as to actively coordinate the wealth planning process by drawing on the expertise of internal and external experts, as appropriate.
2. Key focus is on the domestic wealth planning issues of private clients resident in the UK with a secondary focus on the efficient direction of all clients to the appropriate specialists (internal and/or external) when international and/or cross-border wealth planning issues arise.
3. Support the implementing of suitable solutions (e.g. private companies, private insurance, private pension and private trusts, etc.), working with internal (in relation to some, not all of the solutions) and external providers.
4. Perform a client-facing function as a subject matter specialist to support RMs in acquiring, maintaining and retaining clients through wealth planning input in accordance with the Advisory Process (fact-finding, analysis, discussion of principles and evaluation of concepts, proposal of solutions/services including referral to service providers, implementation and follow-up). In so doing, to consider related risks and commercial aspects and ensure proper documentation and record keeping in the relevant IT systems.
5. Draw on the expertise of the wider WP function and colleagues across the Group to service the needs of our clients.
6. Keep abreast of relevant industry, legal, regulatory and taxation changes and inform clients and internal stakeholders. Support assigned PB units/other stakeholders on wealth planning topics (e.g. by training and knowledge transfer) and with regard to WP services/products.
7. Support assigned projects (WP or Group).
8. Provide appropriate deputyship of WP colleagues in WP matters and quality support through 4-eyes review.
9. Adhere to the relevant regulatory framework and Group/WP policies.
10. Adopt the target setting framework and related competencies as detailed in HRConnect and similar tools.
11. Perform these tasks for the London and Regional business and locations beyond the United Kingdom, as required from time to time (e.g. Guernsey).
12. Effectively support business in compliance with the relevant laws and regulations, policies and internal procedures, including adherence to the WP Advisory Control Plan.

Experience:

1. Level 6 qualified and hold the designation of Chartered Financial Planner or some other such equivalent.
2. Certified individual with the appropriate Statement of Professional Standing.
3. Several years of professional experience in the relevant financial services sectors and/or comparable private client practices (e.g. private bank, legal practice, tax advisor and/or fiduciary company).
4. An analytical, systematic and efficient work ethic with exceptional communication skills, an entrepreneurial spirit, creativity and reliability with the willingness and ability to work under pressure.
5. Able to work on own initiative and be a team player. Open-minded, able to think out of the box and provide comprehensive solutions. Competent to act as a project leader in virtual teams of diverse internal and external specialists to manage complex client cases through a wealth planning process.
6. Fluent in English. Further language skills are not required but will be advantageous, particularly when dealing with international clients.

Interested? Please Apply!

Wealth Planner Wealth Planning Private Bank Private Banking CISI Level 6 CII Level 6 Chartered Financial Planner Wealth Planning Advice Wealth Planning Solutions Wealth Planning Process Asset Management Investment Management Investment Advisory UK Domestic International HNW UHNW High Net Worth Ultra High Net Worth