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Private Banking Jobs

 
Home // Bank Job Information
Created on : 17/05/2011

To search for Private Banking Jobs use the search for bank jobs facility or click the link.

 

Private banking is a term for banking, investment and other financial services provided by banks to private individuals investing sizable assets. The term "private" refers to the customer service being rendered on a more personal basis than in mass-market retail banking, usually via dedicated bank advisers. It should not be confused with a private bank, which is simply a non-incorporated banking institution.  (Wikipedia Definition)

 

Working in a private banking environment often means the servicing of High Net Worth individuals.  I.e. providing banking and investment solutions for people with higher then average income and assets.  For some private banking departments, the assets an individual may need to justify their services is £50,000 and for some prestigious services the cut off may be slightly more exclusive such as a requirement to have £10mn in investible assets.

Job titles for private banking may include:

 

Wealth Manager

Private Banker

Investment Consultant

as well as all the support positions like HR, COO, IT, Finance etc.

 

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