DIRECTOR, PRIVATE BANKING

About This Role

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.