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Private Banking / Wealth Management


You'll find all of our listings for wealth management and private banking jobs in this section.

Private bankers and wealth managers assist high net worth people with managing their money. Careers in wealth management are usually in one of two categories:

Private bankers - Private bankers provide a more personalized level of service to wealthy clients than is available to typical customers. They help clients invest their money carefully to avoid risk that could shrink the value of their assets. They also supply advice on tax and retirement funds, help clients develop a strategy for donations to charity and advise them on the best strategies for leaving their wealth to their descendents.

Wealth Managers/Financial Advisors - Wealth Managers and Financial Advisors help clients buy and sell financial products, develop financial and investment plans and provide portfolio management, usually for a fee.

Clients of private bankers and wealth managers range from high net worth clients who have at least $1 million to liquid assets to invest to ultra high net worth individuals who can invest $10 million or more. Some banks apply an even higher minimum such as $30 million to an exclusive ultra high net group.

During a private banking career, you'll probably perform one of three wide categories of job: invest money for current clients, building relationships, or handling back-office functions like human resources or accounting.

Private bankers who work on the investment side usually either invest their clients' money themselves or provide their clients with extensive advice so they can invest their own money. These bankers are usually product specialists with expertise in a certain asset class, like fixed income, equities, structured products or investments in the private equity and hedge fund sectors.

Private bankers working in relationship management have a more sales-focused position, as they spend most of their time taking advance of connections with clients and selling the bank's services.

Relationship private banking often requires a lot of traveling and maintaining close contact with fascinating, unusual and demanding people. After a relationship private banker has come to understand a client's unique requirements, investment specialists are contacted to put a more detailed investment plan together.

Wealth Managers and Financial Advisors, on the other hand, will create and sometimes manage a client's investment plan. In the past, Financial Advisors were not required to have an MBA or a BA in finance. But that appears to be changing as more and more people entering this field do have financial and business degrees and this is becoming the norm.

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Showing 1-30 of 113 jobs
Client Services Associate- Perth Morgan Stanley Competitive Australia-Perth 24 May 13

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Paraplanner - Perth Morgan Stanley Competitive Australia-Perth 24 May 13

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Product Manager - Investment Management Profusion Group TBA Australia-Sydney 24 May 13

Established investment management firm seek a talented product manager to join this team

Business Development Associate Profusion Group TBA Australia-Sydney 24 May 13

Newly created Business Development Associate to work with the global retail and institutional distribution te...

Head of Marketing Profusion Group TBA Australia-Sydney 24 May 13

Newly created role working within a dynamic and growing wealth management business.

Paraplanner HSBC Competitive Australia-Sydney 24 May 13

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Product Manager, Equities and Managed Funds HSBC Competitive Australia-Sydney 24 May 13

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Financial Planner Associate - South Melbourne, VIC ANZ Competitive Australia-Melbourne 24 May 13

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Team Leader- Mortgage Lending Operations- Credit Macquarie Competitive Australia-Sydney 24 May 13

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Adviser Assistant - Perth Macquarie Competitive Australia-Perth 24 May 13

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Business Development Manager - Life Insurance - VIC* Macquarie Competitive Australia-Melbourne 24 May 13

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Business Development Manager - Life Insurance - SA* Macquarie Competitive Australia-Adelaide 24 May 13

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Operational Risk Manager* Macquarie Competitive Australia-Sydney 24 May 13

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Team Leader- Custody- Income Team Macquarie Competitive Australia-Sydney 24 May 13

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Business Development Manager - Business Banking - Professional Services Macquarie Competitive Australia-Brisbane 24 May 13

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Senior HR Adviser* Macquarie Competitive Australia-Sydney 24 May 13

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Local Contact Centre Consultant Macquarie Competitive Australia-Melbourne 24 May 13

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Relationship Manager - Macquarie Relationship Banking Macquarie Competitive Australia-Melbourne 24 May 13

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Paraplanner - Sydney Macquarie Competitive Australia-Sydney 24 May 13

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Credit Risk Manager - Property* Macquarie Competitive Australia-Sydney 24 May 13

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Paraplanner - Perth Macquarie Competitive Australia-Perth 24 May 13

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Portfolio Manager - Australian Equities Macquarie Competitive Australia-Sydney 24 May 13

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Transaction Support Team Leader- 12 month contract Macquarie Competitive Australia-Sydney 24 May 13

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Senior Manager, Operational Risk, Banking & Financial Services* Macquarie Competitive Australia-Sydney 24 May 13

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Adviser Assistant Macquarie Competitive Australia-Brisbane 24 May 13

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Advice Specialist - Advice Delivery Team - Brisbane Macquarie Competitive Australia-Brisbane 24 May 13

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Business Development Manager - MAS Macquarie Competitive Australia-Melbourne 24 May 13

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Compliance Analyst* Macquarie Competitive Australia-Melbourne 24 May 13

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Superannuation Wrap Administrator- Perm Macquarie Competitive Australia-Sydney 24 May 13

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Business Development Manager - Relationship Banking Macquarie Competitive Australia-Sydney 24 May 13

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