Relationship Manager - Private Wealth Management

Job Description:

Job Title: Relationship Manager - Private Wealth Management

Job Overview: As a Relationship Manager in the Private Wealth Management industry, your primary responsibility is to cultivate and maintain strong relationships with high-net-worth clients. You will be tasked with understanding clients' financial goals, providing expert advice, and delivering customized wealth management solutions to help them achieve their objectives. This role requires a deep understanding of financial markets, investment products, and a proactive approach to client service.

Key Responsibilities:

1. Client Relationship Management:

   • Build and nurture relationships with high-net-worth individuals, families, and institutions.
   • Understand clients' financial objectives, risk tolerance, and preferences to tailor wealth management strategies.

2. Financial Advisory:

   • Provide comprehensive financial advice and investment recommendations based on clients' needs and market conditions.
   • Develop and present personalized financial plans, considering investment, estate planning, tax strategies, and other relevant factors.

3. Portfolio Management:

   • Oversee and manage client portfolios, ensuring alignment with their financial goals and risk tolerance.
   • Monitor market trends, economic developments, and investment opportunities to optimize portfolio performance.

4. Product Knowledge:

   • Stay informed about a wide range of financial products, including equities, fixed income, alternative investments, and insurance.
   • Recommend and implement suitable investment solutions to meet clients' unique requirements.

5. Compliance and Risk Management:

   • Ensure compliance with regulatory requirements and internal policies.
   • Implement risk management strategies to protect clients' investments and wealth.

6. Client Education:

   • Educate clients on investment strategies, market trends, and financial planning concepts.
   • Conduct periodic reviews to update clients on portfolio performance and recommend adjustments as needed.

7. Collaboration:

   • Work closely with internal teams, including portfolio managers, analysts, and legal professionals, to deliver holistic wealth management services.
   • Collaborate with external professionals, such as tax advisors and estate planners, to provide comprehensive financial solutions.
     
     

     Ideal Educational Criteria, Experience and CTC for Wealth RMs

      

     1.       MBA / CFA is preferred but not mandatory

     2.       MBA from tier 1 / reputed colleges

     3.       Should be ideally in an age group of 32 – 38 years of age

   • 4.       Minimum 8 - 10 years of experience in wealth platforms as a RM

   • 5.       First attempt pass of all major exams (10^th/12^th/Graduation)