Job Description
Company Overview:
Bank of England, established in 1694, is the central bank of the United Kingdom and the model on which most modern central banks have been based. With a rich history and a pivotal role in the UK's financial system, the Bank of England is renowned for its stability, credibility, and expertise in monetary policy.
Key Responsibilities for Wealth Manager:
- Provide comprehensive wealth management advice and services to high-net-worth clients.
- Develop and maintain client relationships to understand their financial goals and provide tailored solutions.
- Analyse financial information, assess investment opportunities, and create personalised investment strategies.
- Monitor and review client portfolios regularly to ensure alignment with their objectives and market conditions.
- Keep abreast of market trends, regulatory changes, and investment products to provide up-to-date advice.
- Collaborate with internal teams, such as investment analysts and risk managers, to deliver holistic wealth management solutions.
Required Qualifications:
- Proven experience as a Wealth Manager or a similar role within the banking or financial services industry.
- Strong knowledge of investment products, financial markets, and wealth management strategies.
- Relevant qualifications such as CISI Level 6 Certificate in Private Client Investment Advice & Management or equivalent.
- Excellent communication and interpersonal skills to build trust with clients and colleagues.
- Sound understanding of regulatory requirements and compliance standards in the UK financial sector.
Desired Skills:
- Chartered Financial Analyst (CFA) or Certified Financial Planner (CFP) accreditation.
- Experience in asset allocation, estate planning, and tax-efficient investing.
- Proficiency in using wealth management software and tools to enhance client service.
- Ability to work effectively in a fast-paced environment and manage multiple client relationships simultaneously.
- Proactive approach to continuous professional development and staying updated on industry trends.
Compensation & Benefits:
The annual salary range for the Wealth Manager position at Bank of England in Luton, East of England, is £50,000 to £70,000, depending on experience and qualifications. Additionally, the Bank offers a competitive benefits package, including pension contributions, healthcare coverage, and opportunities for professional growth and development.
How to Apply:
To apply for the Wealth Manager position at Bank of England, please submit your CV and a cover letter highlighting your relevant experience and qualifications to the HR department. Shortlisted candidates will be contacted for further assessment. Thank you for considering a career with Bank of England.
Required Skills
- Tax Legislation
- VAT Returns
- Self-Assessment