Relationship Manager II, Private Bank

at  Standard Bank

Job Overview
Business Segment: Personal & Private Banking
Location: ZA, WC, Plettenberg Bay, Beacon Way
Job Type: Full-time
Job Ref ID: 80368996A-0002
Date Posted: 1/30/2025
Job Description
To grow, maintain and retain a portfolio of private banking customers in line with the segment value propositions, related initiatives and activities aimed at creating value for the client and the bank.
The role involves strategically managing and expanding a portfolio of high-net-worth private banking clients, focusing on delivering financial solutions and ensuring optimal asset allocation. Experienced relationship managers are expected to drive value through targeted initiatives, identify cross-selling opportunities, and maintain a deep understanding of market trends, regulatory changes, and compliance. The position requires building strong relationships with clients and key professional stakeholders, while contributing to the bank’s private banking strategy and representing the institution at industry events. Extensive client management and sales experience are essential for success in this role.
Qualifications

MINIMUM QUALIFICATIONS:

FAIS aligned Degree in Business Commerce (NQF7 or higher)
RE1 and RE5 would be advantageous
Experience Required
5-7 years experience in sales, service, relationship management, credit applications and financial acumen (i.e., proven sales track record in the Financial service industry.)
Sound knowledge of the Bank’s laid down policies and procedures as it relates to the processing of customer transactions
The ability to analyse customer needs by engaging with them, analysing their personal financial objectives as well as their current financial position
Proactively promote a relationship-based offering through a primary point of contact, which meets the client expectations by providing personalized financial solutions in line with the client value proposition.
Prepare and submit quality credit applications for evaluation and/or approval by Credit, where required or oversees the preparation of credit applications. Conducts credit reviews as and when required
Analyse client’s financial information and formulates solutions on how to respond to a client’s needs and requirements accordingly (e.g., a client is experiencing a cash flow problem)
Ensure that all clients in the portfolio meet the segmentation criteria as per defined parameters.
Additional Information

Please refer the Job description for details