AddressDescription :
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 :
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.
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.
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.
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.
Compliance and Risk Management :
- Ensure compliance with regulatory requirements and internal policies.
- Implement risk management strategies to protect clients' investments and wealth.
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.
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 (10th/12th/Graduation)
Client Company Profile :
- One of the biggest names in the Wealth Management Industry. One of the biggest Financial Institutions of the country.
