Private Banking & Wealth Management, Frankfurt am Main: currently 4 jobs.The latest job was posted on 08 Jul 20.
Private Banking and Wealth Management roles in Frankfurt
Germany is one of the world’s richest countries and Frankfurt is its financial capital, so it is not surprising that there are plenty of Private Banking and Wealth Management roles available in Frankfurt. Although historically the German market for Private Banking and Wealth Management was dominated by Swiss banks, the industry has moved “onshore” over the last ten years, and now many domestic firms are as important as the local offices of global Wealth Management firms. Professionals in Wealth Management and Private Banking earn an average basic salary of €66,000, although this does not include bonus payments which can be considerable, particularly when based on assets under management.
At present, there are vacancies for professionals in Risk Control and Private Client Advisory in Frankfurt. Although technical specialists are often in demand for the Private Banking and Wealth Management industries, it is first and foremost a customer service job, where employees are expected to understand and anticipate clients’ financial needs. The qualities of discretion and confidentiality are also vital. For the most senior roles, experienced candidates will often be expected to give details of their client base at the interview stage and may be given targets for moving their existing book of business to their new employer.
More about working in Frankfurt
Frankfurt is a sophisticated modern city with a long history stretching back to its days as the royal court of King Charlemagne. One of the city’s most famous landmarks is its medieval city hall, made up of eleven connected former merchants’ houses.