Analytical skills
The ability to assess the customer' s actual business needs is important. Private Banking Relationship Officers make the right analysis will not only be in the interest of the bank, but also be in the interest of the customer.
Private Banking Relationship Officers
Descriptions & Duties
- Private Banking Relationship Officers assist Private Banking Managers to conduct marketing activities and provide banking and related services to high net worth individuals or families from a specified target segment.
Generic Competencies
Physical Abilities
Physical abilities
- Physical strength
- Eye hand coordination / precision / dexterity
Importance:1 (Max:5)
Skill is rarely required
Technology Skills
Technology skills
- Computer literacy
- Application of technology
Importance:4 (Max:5)
Skill is frequently required
Cognitive Abilities
Cognitive abilities
- Creativity
- Visualisation
- Logical thinking
Importance:3 (Max:5)
Skill is basically required
Comprehension And Expression
Comprehension and expression skills
- Reading comprehension
- Oral / written expression
Importance:4 (Max:5)
Skill is frequently required
Social Skills
Social skills
- Communication
- Negotiation
- Persuasion
Importance:5 (Max:5)
Skill is required all the time
Organisation And Execution Skills
Organisation and execution skills
- Planning
- Organising
- Judgement
- Decision making
Importance:4 (Max:5)
Skill is frequently required
Problem Solving Skills
Problem solving skills
- Ability to solve simple and complex problems effectively and efficiently
Importance:4 (Max:5)
Skill is frequently required
Management Skills
Management skills
- Leadership
- Management of finance / time / people / other resources
Importance:4 (Max:5)
Skill is frequently required
Trade Specific Competencies
Customers relations
The relations between the bank and its customers are usually long term. It takes time to develop this sort of relationship which is based on trust and a history of working in a partnership which has withstood the weathering of changing economic conditions.
Knowledge on financial/ banking products and services
Private Banking Relationship Officers require thorough knowledge on financial/ banking products and services in order to provide sound and reliable advice to customers.
General Requirements
Academic qualification
A recognised bachelor's in finance, banking, economics, accounting, or marketing
Career Path & Salary
Private Sector
Monthly Salary $20,000-$30,000
Monthly Salary $40,000-$60,000
Monthly Salary $40,000-$160,000
Work Environment
- Private Banking Relationship Officers generally work in an office setting. They need to work overtime to meet deadlines.
