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VP, Private Banker

3 months ago

Winnipeg, Manitoba, Canada Squires Partners Inc. Full time

VP, Private Banker – BERMUDA

Consider relocating to put your Private Banking background to good use in balmy, low-tax Bermuda – less than a 3 hour direct flight from Toronto Enjoy an idyllic island lifestyle, gain valuable experience in a premier offshore financial center while earning a USD based income with low taxation (approx. 8%).

We are searching for a highly qualified professional to join our Bermuda-based Financial Services Client in the role of Vice President, Private Banker.

This is a full-time role, on-site in Bermuda. Due to the international move involved, ideal candidates will be mobile, adaptable and motivated to experience the unique living and working environment that Bermuda has to offer.

Responsibilities will include:

  • Managing, developing and maintaining a portfolio of HNW client relationships, focused on banking, asset management and trust services
  • Providing a high level of client service including visiting client sites, delivering presentations and serving as the primary point of reference for all client needs
  • Analyzing client requirements, creating relationship plans and providing customized solutions to meet client needs
  • Increasing profitability by cross-selling, identifying new business opportunities and potential new clients
  • Achieving individual performance and development goals in line with the department's objectives and budgets

Requirements:

  • At least 10 years of progressive experience managing relationships with HNW client portfolios
  • University degree or equivalent. MBA an advantage.
  • Professional qualification (such as CFA, TEP, CFP) preferred
  • Broad understanding of relevant banking products and services including asset management, deposits, credit, trust services and estate planning
  • Strong sales and client service background: proven ability to close business and effectively manage HNW client relationships
  • Proven staff management/mentoring experience

Our client offers a competitive compensation package paid in USD equivalent with minimal taxation (approx 8%). Relevant work permit, relocation assistance, pension, health insurance and other benefits will also be made available.