Private Banking Executive Job at Chanelle Microfinance Bank

Chanelle Microfinance Bank Limited is a State licensed microfinance bank. Our business focus is to provide financial inter-mediation and advisory to individuals, small/medium retail enterprises, mid-sized corporate organizations, etc. Chanelle Microfinance Bank is building a business architecture that will drive low cost, short and long-term funds in other to effectively support individual and small businesses and SMEs across different sectors of the economy.

We are recruiting to fill the position below:

Job Position: Private Banking Executive

Job Location: Lagos

Job Summary

• The Private Banking Executive is responsible for managing and growing a portfolio of high-net-worth clients by providing tailored financial solutions and services.
• This role involves building strong relationships with clients, understanding their unique financial needs, and offering personalized investment advice and wealth management services as well as ensuring deposit mobilization.
• The Private Banking Executive will work closely with internal partners and external stakeholders to deliver a seamless and exceptional client experience.

Key Responsibilities
Client Relationship Management:

• Develop and maintain strong, long-term relationships with high-net-worth clients.
• Understand clients' financial goals, risk tolerance, and investment preferences to provide customized solutions.
• Conduct regular reviews of clients' portfolios and provide recommendations based on market trends and changes in clients' financial situations.

Business Development:

• Identify and pursue new business opportunities to expand the client base.
• Network with potential clients and referral sources to build a pipeline of new prospects.
• Develop and implement strategies to achieve individual and team sales targets.

Financial Planning and Advisory:

• Deposit Mobilization

Compliance and Risk Management:

• Ensure all client interactions and transactions comply with regulatory requirements and internal policies.

Collaboration and Teamwork:

• Participate in team meetings and contribute to the development of the private banking strategy.
• Share market insights and knowledge with colleagues to foster a collaborative working environment.

Qualifications

• Bachelor’s Degree in Finance, Business Administration, Economics, or a related field.
• Minimum of 2-3 years of experience in private banking, wealth management, marketing/sales or a related field.
• Strong knowledge of financial products, deposit/savings mobilization, investment strategies, and market trends.
• Excellent communication, interpersonal, and negotiation skills.
• Proven track record of building and maintaining client relationships and achieving sales targets.
• High level of integrity and commitment to client confidentiality and ethical standards.

Method of Application
Interested and qualified candidates should send their CV to: career@chanellemicrofinancebank.com using the Job Position as the subject of the mail.