Private Banking Associate

Experience: 2–3 years

Reporting To: Senior Relationship Manager / Private Banker

Function: Private Banking / Wealth Management

Key Responsibilities

Client & Relationship Support

• Support the Senior Banker in day-to-day management of assigned UHNI client portfolios.
• Prepare client meeting materials including portfolio reviews, performance reports, and investment proposals.
• Coordinate post-meeting follow-ups and ensure timely closure of client requests and action items.
• Act as a point of contact for routine client queries and service-related requests.

Client Acquisition & Business Development

• Support prospecting and acquisition of new clients through data analysis, market mapping, and referral tracking.
• Assist in preparation of pitch decks, product notes, and customized investment solutions for prospects.
• Track pipeline activity and support conversion of leads into active clients.
• Help identify cross-sell and up-sell opportunities across investment and lending solutions.

Portfolio Analytics & Investment Support

• Prepare and analyze client portfolio reports covering asset allocation, performance, risk metrics, and concentration analysis.
• Support portfolio rebalancing and implementation of investment strategies in coordination with advisory and execution teams.
• Track investment performance versus benchmarks and prepare periodic MIS and dashboards.
• Support the Senior Banker with data-driven insights for client discussions and investment reviews.

Execution & Stakeholder Coordination

• Liaise with internal teams such as investment advisory, product, research, operations, and compliance to ensure seamless execution of client transactions.
• Monitor trade execution, documentation, and settlement status to ensure accuracy and timeliness.
• Ensure adherence to regulatory requirements, internal policies, and suitability norms.

Key Skills & Competencies

Functional Skills

• Understanding of wealth management products: equities, fixed income, mutual funds, PMS/AIFs, and structured products.
• Strong analytical skills with ability to interpret portfolio data and investment performance.
• Proficiency in MS Excel, PowerPoint, and internal portfolio management systems.
• Basic understanding of regulatory and compliance requirements in private banking.

Behavioural & Professional Skills

• Client-focused mindset with attention to detail and service excellence.
• Strong communication and interpersonal skills.
• High ownership, execution orientation, and ability to manage multiple priorities.
• Collaborative approach and ability to work effectively with cross-functional teams.
• High standards of integrity and confidentiality.

Qualifications

• Graduate or Postgraduate degree in Finance, Economics, Business Administration, or related fields.
• Certifications such as NISM, CFA (Level I preferred), or equivalent will be an added advantage.