New Private Bankers

“Embark” is a programme designed to offer a new career in private banking for successful individuals. Barclays Wealth recognises that there are many transferable skills gained from various disciplines. Embark offers an opportunity for individuals to employ the breadth of their experience whilst carving out a new career in a different industry.

The Private Banker Role

Barclays Wealth sees advisors as being ‘wealth coaches’, helping clients realise their financial ambitions whilst managing their risk at the same time. The success of an advisor is reliant upon client relationships. All of our advisors are commercially minded as well as diplomatic and empathetic; these traits are vital in dealing with demanding clients. It is essential that regular contact is maintained and that solutions provided are consistent with the current and future needs of the client.

Once you’ve completed our robust and rigorous development programme each individual can become an advisor with either UK or International coverage. The objectives of the role will be to acquire, develop, retain and service a portfolio of complex clients.

Key responsibilities for a Private Banker include:

• Identify clients' needs and objectives by maintaining regular contact, providing comprehensive financial solutions utilising the full range of Barclays Group products and services and, where appropriate, external products and services

• Achieve cross-sales and referrals from the existing book to increase assets under management and profitability of existing clients

• Develop and deliver to a budget and business plan managing revenues, assets under management and costs

• Communicate/deliver/close on client proposals, preparing bespoke client solutions as necessary

• Identify new product opportunities/needs in the marketplace and communicate these to the appropriate product specialists

• Co-ordinate effectively with product providers and booking units

• Share best practices within and across Barclays Wealth

• Meet governance, risk management, training & competence, controls and compliance requirements

• Identify opportunities to acquire qualifying new clients

Private Banker performance is typically measured on revenues, assets under management, client retention, product mix and product penetration.

In this section, you can find out:

• What we’re looking for in our New Private Bankers

• See what it’s really like here in A week in the life of a Private Banker

• Discover more about the Career Development you can expect