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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

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.

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.

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