Private Banker

Job Description

Job Description Purpose of the role

To establish and nurture profitable partnerships with both corporate and individual clients. It is the bridge between the bank’s offerings and clients’ needs, ensuring mutual benefit and long term success.

Accountabilities

• Manage client relationships to identify financial goals, challenges, and risk tolerance; support analysis of data from investment portfolios and cash flow to identify trends, insights and opportunities for improvement.
• Research industry trends, regulatory landscape and competitive environment to inform strategic recommendations.
• Design customised solutions that address the client’s specific needs and objectives, incorporating a range of products and services from the bank’s portfolio.
• Communicate the value proposition of proposed solutions, justify recommendations and negotiate terms that are beneficial for both the client and the bank.
• Provide guidance to clients to support financial decisions, offering expert investment advice, risk management and wealth planning strategies, and updates on market trends to ensure a positive, continuous relationship.
• Assess financial, legal and operational risks associated with client relationships, and implement measures to minimise potential losses.
• Document all client interactions, transactions and agreements to ensure transparency and auditability; communicate findings effectively to support product development and overall bank strategy.
• Monitor client satisfaction, revenue generated and other relevant metrics to evaluate the effectiveness of relationship management efforts.

Vice President Expectations

Contribute or set strategy, drive requirements and make recommendations for change; plan resources, budgets and policies; manage and maintain policies/processes; deliver continuous improvements and escalate breaches of policies/procedures.

If managing a team, define jobs and responsibilities, plan for future departmental needs, counsel employees on performance, contribute to pay decisions, and lead specialists to influence operations in alignment with strategic and tactical priorities. Balance short- and long-term goals, ensuring budgets and schedules meet corporate requirements.

If the role has leadership responsibilities, People Leaders are expected to demonstrate a clear set of behaviours to create an environment for colleagues to thrive and deliver excellent standards. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others.

As an individual contributor, act as a subject matter expert, guide technical direction, lead collaborative, multi year assignments, train and coach less experienced specialists, and provide information that affects long term profit, organisational risk and strategic decisions.

Advise key stakeholders, including functional leadership teams and senior management, on functional and cross functional areas of impact and alignment; manage and mitigate risks through assessment in support of the control and governance agenda; demonstrate leadership and accountability for strengthening controls. Collaborate with other areas to keep up with business activity and strategy; create solutions through sophisticated analytical thought; adopt extensive research outcomes in problem solving processes; build trusting relationships and partnerships with internal and external stakeholders to accomplish key business objectives.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – the moral compass guiding right action. They will also demonstrate the Barclays Mindset – to Empower, Challenge and Drive.

Job Profile

Private Banker – senior role responsible for ultra high net worth client relationships, delivering tailored investment, banking and wealth structuring solutions. Design and implement complex financial strategies that align with client objectives, manage risk across portfolios and ensure regulatory adherence. Lead client acquisition and revenue growth initiatives, leveraging market knowledge across all asset classes, including structured products and bespoke credit.

Essential Criteria

• Proven success in managing and advising ultra high net worth clients, with a strong track record of deepening client relationships and growing AUM.
• Ability to drive business growth through acquiring and developing new high net worth client relationships.
• RDR Level4 qualified, including Securities and Derivatives, with a strong technical understanding of investment and credit products.
• Demonstrated ability to structure and deliver complex solutions across investments, lending and wealth planning.
• Experience in identifying, monitoring and managing risk across a sophisticated client portfolio.
• Strong commercial acumen and understanding of global markets, portfolio construction and regulatory frameworks.

Desirable Criteria

• Excellent communication and interpersonal skills, ability to inspire trust and build long term client loyalty.
• Demonstrated success in new client acquisition and expanding market presence.
• Deep private banking expertise, ability to deliver cross border, multi asset solutions.
• Experience mentoring junior bankers and fostering high performing collaborative teams.

Additional Information

This role is based in Glasgow and is a Certified role under the PRA and UK Financial Conduct Authority regulations; may require mandatory regulatory qualifications.