Job Description
Associate Private Banker
London / Wellingborough or Edinburgh
2-year fixed term contract / Fast-Track program to Private Banker
This is a brilliant opportunity to join Weatherbys Private bank as an Associate Private Banker which is an exclusive fast-track program which works towards qualifying as a Private Banker within 2 years. As well as studying for your IAD, CeMAP and PCIAM qualifications, day to day you will be helping our Private Bankers with their client-facing and new business responsibilities, as well as their contribution to new business across the various business lines provided by Weatherbys Private Bank.
What you will be doing as an Associate Private Banker:
· Develop and generate new Private Banking client relationships and associated new business for the Private Bank.
· Develop relationships with professional intermediaries.
· Attend customer meetings, and take meeting notes, as and when required.
· Prepare credit applications and investment submissions.
· Contribute with new business across the various product and service lines offered by the Private Bank.
· Formulate, lead and execute Business Development initiatives.
· Undertake regulatory qualifications (CeMAP, IAD and PCIAM)
· Provide advice and relevant information to internal and external customers (once signed off as competent)
· Assist Private Bankers in managing their portfolios of clients and achieving their new business targets.
· Liaise with clients and intermediaries, communicating the proposition and product offering.
· Ensure client instructions are executed in a timely and accurate manner.
· Acquire and demonstrate the technical capabilities required to be an effective private banker from a regulatory and risk management perspective
What we are looking for from you:
· Proven ability to effectively communicate ideas and analyse numerical information.
· Strong interpersonal skills to establish outstanding rapport and foster meaningful relationships with stakeholders and clients
· Embrace, explore, and leverage opportunities
· Willing to undertake CeMAP, IAD and PCIAM within 12-18 months of appointment to role
Next steps
Please apply via our online portal (https://apply.workable.com/j/B231282CFB). If your application is shortlisted, you will be invited to a telephone interview with our recruitment team and asked to complete verbal and numerical reasoning tests
Those successful will be invited to a 2-day assessment centre in London which you would need to attend on Monday 21st and Tuesday 22nd October.
Founded in 1770, Weatherbys is a family run business that has evolved over the last 250 years to become a group of companies which include Weatherbys Private Bank and Weatherbys Racing Bank.
Our business is founded on relationships, and we are focussed on providing exceptional levels of personal service. As a team we not only anticipate our clients’ needs, but aim to surpass their individual expectations. Our values of being trustworthy, forward looking and acting with integrity underpin everything we do.
At Weatherbys, there is a genuine focus on providing the highest level of personal service and maintaining close relationships with all our clients. We not only look after our clients but also their families, many of whom have valued our support for generations.
We treat all our clients as individuals, regardless of gender or background and our Weatherbys Inspires initiative highlights that our services are a natural fit for all. We want to do all we can to encourage everyone to engage in their family or individual finances, in particular women. Weatherbys Private Bank is a bank where our female clients are met with trust, empathy and understanding – underpinned by the service excellence we have always extended to all our clients.
Why join us?
- One of the best-regarded independent banking groups in the UK
- A growing company, constantly evolving and moving forward
- High client retention and satisfaction levels
- A hands-on, tailored approach to maintaining close and trusted relationships with clients
- Home to a diverse team and a warm welcome
- Hybrid working practices that ensure we balance work and personal life for the benefit of our business and colleagues
- A strong development ethos, helping to support and nurture talent
- We recognise the importance of employee wellbeing and support this with a range of initiatives
- Access to a competitive benefits package covering health and wellbeing, finance and lifestyle
Workplace Initiatives
- Programme for parents returning to work after Parental Leave? Yes
- Leadership development programmes? Yes
- Mentoring programmes? No
- Coaching programmes? No
- Employee-led diversity networks? Yes
- Internal women’s networking groups? No
- Open to discussing flexible work arrangements at interview stage? Yes
- No. of weeks paid maternity leave at full salary: 26
- Minimum weeks tenure required to be eligible for paid maternity leave: 26
- No. of weeks paid paternity leave at full salary: 3
- Minimum tenure required to be eligible for paid paternity leave: 26
Gender Pay Gap Reporting
|
Average pay gap: |
36.2% |
|
Median pay gap: |
31.6 |
|
Average bonus gap: |
65.0% |
|
Median bonus gap: |
38.3% |
|
Signatory of the UK Women in Finance Charter? |
No |
|
Targets to raise the number of women in leadership? |
No |
|
Targets to raise the number of BAME individuals in leadership? |
No |
|
Listed in the Bloomberg Diversity & Inclusion Index? |
No |
Programmes
- Work experience placements
- Internships
Employee Testimonials
Hayley Robinson, Private Banker
"Weatherbys Private Bank is a such a great place to work. You are encouraged to be individual and I am really excited to be part of the company’s growth. I truly feel valued within my role and the flexibility allows for a great work-life balance."
Michelle Pritchard, Banking Administrator
"I really enjoy working for Weatherbys Racing Bank as it allows me to combine my passion for horses with the opportunity to build a rewarding career. I’m able to develop personally, gain industry recognised banking qualifications and get involved with projects to challenge. Weatherbys really does have a ‘family’ feel and I feel so valued."