Private Wealth Management

Private Wealth Management

Despite political instability and the Brexit decision, the United Kingdom maintains its position as the world’s second-largest wealth management centre in terms of AMA (assets under management and administration).

The market is dominated by the private banking divisions of universal banks, as well as independent wealth managers and online stockbrokers offering execution, custody, and research services through online portals. The UK has the fourth-largest population of ultra-high-net-worth-individuals (UHNWIs), according to a report by Credit Suisse.

Wealth managers have a position of immense privilege. As trusted advisors, they help exceptional people navigate the complexities of today’s financial world. Wealth managers offer more than just investment advice but a holistic approach to enable high net worth individuals to manage their money and anticipate their own or their family’s needs. The demand for wealth managers continues to grow – by 2023, there are expected to be 7.7 million more high-net-worth-individuals (HNWIs) in the world, according to Wealth-X.

Worldwide, the wealth management industry continues to experience profound change –with both the increased pressure of compliance and instability in the global economy applying pressure to profit margins. Increasing regulatory burdens and the rising costs of risk are posing challengesto wealth managements firms. Meanwhile, advisors are retiring from the industry
faster than firms can replace them – meaning now, more than ever, private banks are looking for external talent to help achieve growth. The shortage of talent is one of the biggest challenges to wealth management firms future growth and the competition for top quality private bankers has put an emphasis on companies to create new strategies to attract and retain top performers.

At Selby Jennings, the wealth management team consists of experienced recruitment consultants who have an expert understanding of a specific geography. This structure enables our specialist consultants to identify, qualify, and introduce the highest level calibre wealth management professionals in the market place.

With the continued internationalisation of wealth management, our clients expect to acquire not only the best candidates within their jurisdiction but the best globally and our set-up makes this achievable. Working as a team we are able to combine each consultant’s local knowledge and
offer access to a global talent pool. The team have successfully helped a broad range of clients including: global private banks; boutique private banks; single and multi-family offices; and independent wealth management companies.

Senior Trust Manager / Trust Manager
£144000 - £144001 per annum, Singapore

Responsibilities: Maintain Client relationships Oversee/Manage Junior staff, ensure that portfoli...

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Nordic Senior Private Banker - Luxembourg
Negotiable, Luxembourg

The role Tasked with developing and implementing strategy to increase the market share of the Nor...

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Senior Private Banker - Director
Negotiable, London

The Senior Private Banker will: Act as trusted advisor to U/HNW clients providing bespoke wealth ...

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Credit & Risk Project Manager - Wealth Management
Negotiable, Singapore

Responsibilities Lead and manage in-house Credit stream application to ensure successful implemen...

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Credit Risk Tech Project Manager - Wealth Management
Negotiable, Singapore

Responsibilities Structure and lead projects related to Credit Risk platforms within the business...

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Business Development Manager / Director
Negotiable, Singapore

Key Responsibilities include: Generating new business growth through client acquisition, retentio...

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Company Secretarial Manager
Negotiable, Hong Kong

Responsibilities: Leading the secretarial department for Hong Kong Conducting Company Secretarial...

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Senior Solution Architect - Asset Management
Negotiable, Singapore

Responsibilities Participates in domain architecture development, including environment analysis,...

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Corporate Services Administrator/Senior
Negotiable, Singapore

Responsibilities: Providing company corporate secretary and corporate service duties to offshore ...

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