Associate Director

2 weeks ago

Melbourne, Australia Commonwealth Bank of Australia Full time

Associate Director - Private Bank

**Commonwealth Private** strives to provide outstanding personal service and trusted advice to high net worth **and ultra-high net worth** individuals. Quite simply, our breadth of experience means that we can offer clients a comprehensive range of solutions as well as market leading products and innovative investment opportunities.

We are backed by superior research capabilities and the extensive resources of the Commonwealth Bank Group, so we can help our clients achieve the best possible outcome. We have Private Bankers and Private Wealth Managers specialising in banking, lending strategic advice, investments and insurance located right across Australia.

Our vision is to be the private bank successful Australians recommend.

**About the opportunity**

Due to ongoing success and growth, we are seeking self-motivated and professional private/business bankers to join an already high performing VIC **Ultra High Net Wealth Team** as an **Associate** **Director. **This newly created role is a senior position within the UHNW team and will provide clear specialisation and segmentation and succession into the UHNW market.

**Additionally, you will**:

- Manage a portfolio of UHNW customers and work with them on their current and future financial goals
- Guide customers through key milestones in their home buying, asset acquisition and investment process with seamless communication.
- Work with your networks to introduce new clients into Commonwealth Private to enjoy our whole of wallet opportunities we provide
- Research the broader market, and economic and industry changes affecting customers and the Group.
- Share best practice with colleagues through coaching and capability uplift sessions.
- Support customers by taking action on feedback and correct any service breaks to drive improvement.
- Support internal stakeholders with information to assist the end-to-end service of your clients.
- Work in partnership with UHNW director in the management of UHNW clients with a focus on patch growth while managing a portfolio of their own.

**To be successful in this role you will have**:

- Have proven complex consumer & commercial lending experience, knowledge of ultra-high net worth client needs and ideally a network of clients and referrers.
- Recent experience in a similar role from within Private Banking, Business/Commercial Banking or similar.
- Experience in residential and commercial lending, including complex lending structures and the ability to interpret complex financials.
- A demonstrated ability to develop new networks and maintain effective relationships with ultra-high net worth clients.
- This role will focus on networks outside of third party
- Tertiary qualifications in Commerce, Business, or related field (preferred).
- RG146 (preferred)

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Advertising End Date: 07/12/2024

Job ID REQ220666

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