Private Banking Officer Job at Ultraviolet Microfinance Bank

At Ultraviolet Microfinance Bank, we offer a comprehensive suite of tools and features that cater to every aspect of your lending business, from origination to repayment. Small businesses, cooperative societies and leading players in the financial services have trusted our digital products to help configure customizable loan products and term, manage risk and compliance with ease, provide a seamless borrower experience and scale lending operations efficiently.

We have fused all these capabilities together to be a brand that helps you streamline your lending process, reduce complexity, and increase productivity. Our goal is to empower you to focus on what matters most - growing your business and serving your customers.

We are recruiting to fill the position below:

Job Position: Private Banking Officer
Job Location: Abuja (FCT)
Employment Type: Full-time

Job Description

• The Private Banking Officer is responsible for managing relationships with high-net-worth individuals (HNWIs) and providing personalized banking services to meet their financial needs.
• This role involves offering tailored financial solutions, managing client portfolios, and ensuring a high level of customer satisfaction and retention.

Responsibilities
Client Relationship Management:

• Build and maintain strong relationships with high-net-worth clients to ensure long-term loyalty and satisfaction.
• Serve as the primary point of contact for clients, addressing inquiries and providing personalized financial advice.
• Conduct regular meetings with clients to review their financial goals and update them on account performance.

Financial Solutions and Advisory:

• Offer tailored financial products and services, including investment advice, loans, and deposit accounts, to meet clients’ needs.
• Collaborate with internal teams to develop customized financial plans and investment strategies for clients.
• Monitor clients' portfolios and recommend adjustments based on market conditions and changes in clients' circumstances.

Business Development:

• Identify and acquire new high-net-worth clients through networking, referrals, and targeted marketing initiatives.
• Promote the bank’s private banking services and products to prospective clients.
• Achieve sales and growth targets by cross-selling and upselling banking solutions.

Risk Management and Compliance:

• Ensure all client interactions and transactions comply with regulatory requirements and internal policies.
• Conduct thorough due diligence and risk assessments to mitigate potential risks.
• Maintain accurate and up-to-date client records and documentation.

Market Research and Analysis:

• Stay informed about market trends, investment opportunities, and competitor offerings.
• Analyze economic and financial data to provide insights and recommendations to clients.
• Share market intelligence with the team to enhance the bank’s service offerings.

Customer Service Excellence:

• Provide exceptional service to clients, ensuring a high level of satisfaction and positive client experiences.
• Handle and resolve client complaints promptly and professionally.
• Continuously seek feedback to improve service quality and client satisfaction.

Qualifications

• Bachelor’s degree in Finance, Business Administration, Economics, or a related field.
• Minimum of 3-5 years of experience in private banking or wealth management.
• Proven ability to build and maintain relationships with high-net-worth clients.
• Strong analytical and problem-solving skills.
• Strong knowledge of financial products, investment strategies, and market trends.
• Excellent communication, negotiation, and interpersonal skills.
• Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint).

Key Competencies:

• Client relationship management
• Financial acumen
• Sales and business development
• Risk management
• Market analysis
• Customer service orientation.

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