Job Purpose:
Acquire and grow high net worth individual customer base through effective relationship management, with special focus on the customers' personal financial analysis, protection and investment needs.
Job Responsibilities:
- Achieve the bank’s objective on private banking business target & plans.
- Proactively build and maintain business relationship with individuals who satisfy the bank’s standards of suitability and who meet the bank’s ‘Wealth Criteria’.
- Engage in networking activities with CITIC Group and other business introducers in both Hong Kong and China to enhance the customer referral effectiveness.
- Assist in educating and coaching CITIC Bank Private Bankers about CITIC Bank International’s Wealth Management products and services.
- Fully understand the client’s needs and objectives, provide good services and direct them towards respective suitable products to meet their needs.
- Assist the Team Head in implementing and executing strategic plans; and actively engage in business development activities.
- Maintain a close working relationship with Products & Portfolio Specialist teams to ensure the continued viability of client objectives and to ensure coordination of a client’s overall strategies and needs.
- Manage and monitor client accounts on an ongoing basis in order to understand changing investment needs and objectives and to coordinate portfolio solutions.
- Understand the level of risk associated with all products and services and ensure that this information and any other pertinent information are appropriately disclosed to the client.
- Perform annual review of high risk / unsuitable customers timely.
- Ensure compliance with account opening requirements on CDD and KYC; and
- Review relevant MIS reports to identify any suspicious transactions timely.
- Comply with anti-money laundering and counter terrorist financing controls in accordance with regulatory standards and CNCBI policies.
Job Requirements:
- Preferably a Degree holder or equivalent.
- Minimum 6-8 years of relevant banking experiences in serving high net worth individual customers in private bank.
- Possess CACS Paper 1, CACS Paper 2, RES 1B, RES 2B and RES 5.
