Banking Specialist

Description

RMB Private Bank offers leading wealth management advice and private banking solutions that span all stages of our client’s wealth journey. Our strong record of excellence, combined with a reputation for innovation and a genuine interest in the people we serve, inspires us to craft insightful solutions that evolve as our clients’ financial needs and aspirations change.

While most Private Banks compete on the same basis, it is RMB's people, our owner-manager culture, collaborative spirit, and values that distinguish us from the rest. As a respected talent brand, RMB Private Bank creates an environment where exceptional people can create their own opportunities, supported by sound banking principles and innovative thinking.

The Banking Specialist in a private banking environment is a dedicated product and service expert responsible for delivering tailored financial solutions to ultra & high-net-worth clients. This role involves direct engagement with clients to understand their unique financial needs and objectives.

Critical to success is the ability to manage, oversee and execute on multiple and parallel process and product solutions.

The ability to resonate with a client and ‘connect’ to ensure we establish a trust relationship with the aim to foster a long-term partnership as the client financial service provider partner.

Responsibilities

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

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

Requirements

FSCA Recognised Qualification

Minimum NQF Level 7 Degree

RE5

Experience and Skills

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

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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.

11/02/26

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.