Posted on March 10, 2025 | Full-time | Sandton, Johannesburg | Personal & Private Banking
Job Overview
Are you searching for professional banking jobs near you in Gauteng? Standard Bank is recruiting a Relationship Manager I for our Private Banking division in prestigious Sandton. This career opportunity is perfect for people with Grade 12 plus relevant business qualifications who excel in building and maintaining high-value client relationships.
Private Banking Relationship Manager Responsibilities
As a Relationship Manager in our Private Banking team, you’ll be dedicated to serving our affluent clientele with personalized financial solutions. Your primary responsibilities will include:
- Growing, maintaining, and retaining a portfolio of private banking customers
- Delivering services aligned with segment value propositions
- Implementing initiatives aimed at creating value for both clients and the bank
- Analyzing client financial information to formulate tailored solutions
- Preparing and submitting quality credit applications for evaluation
- Conducting regular credit reviews to maintain portfolio health
- Ensuring all clients in the portfolio meet segmentation criteria
- Providing a relationship-based offering through a primary point of contact
- Proactively engaging with clients to understand their financial goals
Qualifications for Relationship Manager Position
- First Degree (NQF7) in Business Commerce
- Grade 12/Matric is the minimum educational requirement
- Strong interpersonal and relationship-building skills
- Excellent financial analysis abilities
- Proven sales and service orientation
- Sound knowledge of banking policies and procedures
- Ability to understand and respond to sophisticated financial needs
Experience Requirements
- 5-7 years experience in sales, service, and relationship management
- Proven track record in credit applications and financial acumen
- Demonstrated success in the financial services industry
- Experience working with affluent clients and their unique requirements
- Understanding of personal financial objectives and planning
- Ability to analyze a client’s current financial position comprehensively
Behavioral and Technical Competencies
Behavioral:
- Articulating information clearly to sophisticated clients
- Conveying self-confidence in financial recommendations
- Convincing people through reasoned financial advice
- Continuously developing expertise in private banking
- Empowering individuals to achieve financial goals
- Establishing rapport with high-net-worth clients
- Examining information with analytical precision
- Exploring possibilities for wealth enhancement
- Impressing clients with knowledge and professionalism
- Interacting with people at all professional levels
- Interpreting financial data accurately
- Making sound decisions based on financial principles
- Producing consistent high-quality output
- Providing valuable insights on wealth management
- Pursuing ambitious client acquisition goals
- Seizing opportunities for portfolio growth
- Taking decisive action when required
- Thinking positively even in challenging situations
- Understanding client needs and financial objectives
- Upholding the highest ethical and professional standards
Technical:
- Expert knowledge of banking processes and procedures
- Strong commercial acumen for business development
- In-depth customer understanding in private banking
- Advanced financial acumen for complex situations
- Comprehensive product knowledge for affluent segments
- Effective risk identification and mitigation
- Thorough risk reporting and management
Why Join Standard Bank’s Private Banking Team?
This employment opportunity offers exceptional career development potential with:
- Competitive salary and benefits package aligned with the prestige of private banking
- Working with South Africa’s leading financial institution
- Opportunity to serve high-net-worth individuals and families
- Professional growth in an exclusive banking environment
- Being part of an elite team of financial advisors
- Access to sophisticated banking products and solutions
Application Process
Interested job seekers with the required qualifications should apply online through our recruitment portal. Please reference Job Ref ID: 80102945A-0001 when applying.
All our recruitment processes comply with applicable local laws and regulations. Standard Bank will never ask for money or any form of payment as part of our recruitment process.
Apply today and elevate your career to private banking with Standard Bank Sandton!