Private banker – israel market

Overall purpose of role

The Private Banking team offers bespoke banking and investment solutions to high net worth clients. Barclays Private Bankers act as trusted advisors to clients providing bespoke banking services, lending and wealth structuring, in addition to a world class range of investment solutions and products across all asset classes.

Key Accountabilities

• Highly self‑directed assist in setting and achieving personal and team targets for: new clients, assets, revenues.
• Deliver high quality bespoke advice, maximising value for our clients and negotiate the best commercial outcome.
• Be recognised as an expert and influential contact for banking products, credit advice and client queries.
• Be recognised as an expert and influential interface between the client and other parts of the Barclays group: Wealth Advisory, Discretionary Portfolio Management, Investment Advisory, Global Investments & Solutions, Wider/cross Group (IB/Corp etc), Legal and compliance, Senior management & Executive.
• Provide the client with world class financial solutions.
• Be able and willing to discuss markets, their issues and opportunities with clients.
• Fully utilise the banker toolset, systems and platforms and challenge current standards to continuously improve quality.
• Engage with digital technologies, products and solutions that are relevant to the Wealth business, and have the ability to use them to enhance the service provided to clients.

Person Specification

• The ideal candidate will have proven experience of successfully covering Private Bank clients in the Israeli Market.
• Excellent relationship skills with experience of managing and handling the sophisticated needs of individuals and families.
• Effective in gaining an in‑depth understanding of client’s needs and advising on a diverse range of wealth management solutions.
• Experience in controlling and monitoring of risk within a client book.
• Substantial experience of the Financial Services industry, particularly in the areas of Retail regulated products and services to HNW & UHNW customers.
• The ideal candidate will maintain a full, up to date understanding of the general financial markets dynamics and current financial concepts.
• Demonstrate a high aptitude and understanding of the digital landscape, with the ability to effectively manage Clients’ changing needs in this area.
• Excellent market exposure and multi‑disciplined private banking expertise.
• An ability to proactively drive business development.
• Good management skills and experience of influencing others through direct or indirect management.
• Experience of stakeholder management/matrix management.
• Experience of mentoring and/or managing small teams.
• A detailed and up to date knowledge of the Israeli Private Banking / UHNW market.
• The ideal candidate will have proven experience of successfully covering Private Bank clients in the Israeli Market and the Jewish diaspora based in Switzerland.

Language skills

The successful candidate will be fluent in English and knowledge in Hebrew would be advantageous.

Purpose of the role

Deliver exceptional sales and business performance by acquiring, developing and maintaining highly proactive, long term client relationships. Protect Barclays reputation through sound risk decisions by managing client group within their risk profile and appropriate regulatory framework.

Accountabilities

• Manage and grow client relationships and acquire new clients – identifying and managing solutions to meet a wide range of client needs.
• Establish a sound understanding of the strategy of the clients in their portfolio through regular proactive contact, responding to client / prospect queries and requests and identifying opportunities that will deliver long term commercial reward.
• Manage operational, reputational, financial crime and credit risk for the portfolio to avoid exposing Barclays to undue risk.
• Ensure all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Barclays Policies and Policy Standards Service/group relationships – referrals to group colleagues.