DIRECTOR, PRIVATE BANKING

Director, Private Banking

• Some careers open more doors than others.
• If you’re looking to unlock new job opportunities, take a look at the possibilities right on your doorstep here at HSBC.
• HSBC International Wealth and Premier Banking aims to be the international bank of choice for affluent customers, supporting their domestic and international banking, and holistic wealth management needs.
• We provide a leading premium proposition through Premier Banking and, together with our Global Private Bank, are present across the world’s most important markets, booking centres, and corridors most valued by our clients.
• Our wealth offering is further enhanced through our best-in-class manufacturing capabilities in Asset Management and Insurance.
• We are currently seeking an ambitious individual to join our Onshore Private Banking team, working together with colleagues to define, manage and achieve divisional business targets.
• In this role, you will:
• Oversee managing and developing a client’s portfolio, providing full-service banking and all transactions to high-net-worth individual clients through the marketing of all appropriate company services
• Establish new relationships and manage existing client relationships.
• Grow revenue, increase AUM of portfolio and increase inflows of net new money (NNM), achieving growth by leveraging brand, channels and RM network.
• Ensures client’s objectives are met through an appropriate selection of products within the client portfolio and ensuring clients are aware of their level of risk
• Research account and transaction records to resolve basic discrepancies, answer questions, or provide documentation on client activities
• Works closely with other Bank Departments to maintain HSBC internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators
• Ensures follow-up on all risk and compliance issues (such as CCR, KYC, Compliance requests, Risk Management requests, Internal Audit requests)
• To be successful in the role, you should meet the following requirements:
• Proven experience in Relationship Management with UHNW Clients within Private Banking segment
• Proven track record in asset gathering, asset growth and revenue generation
• Excellent understanding of financial markets and products.
• SCA accreditation is mandatory for the role.
• Sound knowledge of the impact of macroeconomics/microeconomics/local market developments.
• Local regulatory & license requirements - job holder should possess valid licenses with accreditation on wealth management and qualification as required by country.
• Fluency in English and Arabic is preferred
• Highly developed communication skills for use in direct client contact and problem solving
• Ability to provide strong financial and statistical analysis.
• Strong customer service focus
• Attention to detail and the ability to think creatively to solve problem
• A graduation degree is essential for obtaining a UAE visa and work permit. If your university certificate is from outside the UAE, up-to-date attestations and equivalency are also mandatory (Recognition of Higher Education Qualifications Issued Outside The UAE).
• You’ll achieve more at HSBC.
• www.hsbc.com/careers
• HSBC is committed to building a culture where all employees are valued, respected and opinions count.
• We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment.
• We believe diversity brings benefits for our customers, our business and our people.
• Different ideas and perspectives help us innovate, manage risk and grow the business in a sustainable way.
• Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.
• Issued by The Hong Kong and Shanghai Banking Corporation Limited.