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 Investment Strategist - Private Bank
Negotiable, Hong Kong

Responsibilities: Contribute to global asset allocation decisions Contribute to monthly regio...

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Private Banker - Munich
£80000 - £120000 per annum + Bonus , Munich

Responsibilities: Acquisition of new private banking target customers with active advice to c...

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Shanghai Based - Head of Sales for Private Wealth Managment
Negotiable, Shanghai

As a Team Manager, your responsibility included: To provide a full range of investment servic...

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Head of Finance - Selby Jennings
Negotiable, Singapore

Job Responsibilities: Responsible for financial management, cash flow and treasury to ensure f...

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eFX Trader | Selby Jennings
Negotiable, Singapore

What you'll do Price making and/or trade execution for assigned product area to/for clients a...

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Chief Compliance Officer
€200000 - €250000 per annum, Luxembourg

Chief Compliance Officer Luxembourg One of the largest Private Banking institutions in Luxembou...

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Senior Relationship Manager - Geneva - European markets U/HNW
£130000 - £180000 per annum + Revenue Share , Geneva

Requirements: 10+ years of wealth management experience or equivalent Strong financial advis...

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[Shanghai Based] Head of Sales for Chinese Brokerage
Negotiable, Shanghai

As a head of sales, you will be leading a team of 5. you have to act as a leader to motivate you...

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Senior Private Banker - Russia / Ukraine / Kazakhstan
£160000 - £220000 per annum + revenue share , Zürich

Responsibilities: Responsible for managing a personal portfolio of U/HNWI client relationship...

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