Banking Specialist Job Cape Town area,South Africa,Finance & Banking

Description

The Banking Specialist in Private Banking is a dedicated expert in financial products and services, focused on delivering customized solutions to ultra- and high-net-worth clients. The role involves direct client engagement to understand and meet their unique financial goals. Success depends on managing multiple complex processes and building trusted, long-term relationships through meaningful client connections.

Specialized Expertise

Providing in-depth knowledge in specific banking products (lending, deposits, cash management)

Developing customized banking solutions for complex and simple client needs

Staying current on regulatory changes affecting banking, lending, insurance and investment products

Staying current on product, process, benefits relating to banking, Iending, insurance, investment products

Ensuring a deep and thorough understanding of the First Rand Group overall capability to ensure clients are optimally serviced, solutions and introduces across the various FNB Business, RMB, Ashburton franchises

Serving as the technical expert for sophisticated banking arrangements

Banking Products and Services

Structuring sophisticated credit facilities (unsecured loans, lines of credit)

Arranging specialized mortgages for luxury properties or complex ownership structures

Creating custom deposit solutions with preferential rates

Implementing cash management strategies for non-trading entities

Facilitating foreign currency transactions and international banking needs

Short Term Insurance relating to Gap, Education, Home, Contents, Cars is applicable.

Client Support

Working alongside other specialists during client meetings

Explaining technical aspects of banking solutions to clients

Helping resolve complex banking issues or service concerns

Providing quick response to time-sensitive client banking requests

You will be an ideal candidate if you:

FSCA recognized Degree - NQF Level 7

RE5

10 Years overall experience in the Financial Services Industry, of which 5 years of experience as a Private Banker or Private Advisor dealing with Wealthy HNW clients

Technical Knowledge

Deep understanding of banking products, services, and regulations

Knowledge of credit analysis and underwriting standards

Familiarity with cash flow optimization strategies

Understanding of international banking considerations

Understanding SDA, FDA, FIA and Specialist application to SARB/SARS for clearance applications

Understanding the Wealth Management philosophy

Understanding the Banks Insurance capability across Short and Long Term products

Analytical Skills

Ability to analyze complex financial situations

Skill in structuring creative banking solutions

Understanding risk management principles

Critical thinking to solve unusual client challenges

Collaborative Abilities

Working seamlessly with relationship team

Coordinating with operations teams for execution

Communicating effectively with compliance departments

Building rapport quickly with sophisticated clients

Ability to network with external collaboration partners, clients to grow the Bank client base

Additional Requirements

In accordance with National Credit Act (NCA) candidates applying for this role will require a credit record check.

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Job Details

Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.

31/01/26

All appointments will be made in line with First Rand Group’s Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.


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