Banking Specialist

Job DescriptionThe 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 needsStaying current on regulatory changes affecting banking, lending, insurance and investment productsStaying current on product, process, benefits relating to banking, Iending, insurance, investment productsEnsuring a deep and thorough understanding of the FirstRand 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 arrangementsBanking Products and Services Structuring sophisticated credit facilities (unsecured loans, lines of credit)Arranging specialized mortgages for luxury properties or complex ownership structuresCreating custom deposit solutions with preferential ratesImplementing cash management strategies for non-trading entitiesFacilitating foreign currency transactions and international banking needsShort Term Insurance relating to Gap, Education, Home, Contents, Cars is applicable.Client Support Working alongside other specialists during client meetingsExplaining technical aspects of banking solutions to clientsHelping resolve complex banking issues or service concernsProviding quick response to time-sensitive client banking requestsYou Will Be An Ideal Candidate If YouFSCA recognized Degree - NQF Level 7RE510 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 clientsTechnical Knowledge Deep understanding of banking products, services, and regulationsKnowledge of credit analysis and underwriting standardsFamiliarity with cash flow optimization strategiesUnderstanding of international banking considerationsUnderstanding SDA, FDA, FIA and Specialist application to SARB/SARS for clearance applicationsUnderstanding the Wealth Management philosophyUnderstanding the Banks Insurance capability across Short and Long Term productsAnalytical SkillsAbility to analyze complex financial situationsSkill in structuring creative banking solutionsUnderstanding risk management principlesCritical thinking to solve unusual client challengesCollaborative AbilitiesWorking seamlessly with relationship teamCoordinating with operations teams for executionCommunicating effectively with compliance departmentsBuilding rapport quickly with sophisticated clientsAbility to network with external collaboration partners, clients to grow the Bank client baseRequirementsAdditional Requirements In accordance with National Credit Act (NCA) candidates applying for this role will require a credit record check.#Post#FNBJob DetailsTake note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.15/11/25All appointments will be made in line with FirstRand 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.