Private Wealth Associate
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Rand Merchant Bank is hiring a Private Wealth Associate to grow Assets Under Management by acquiring and managing High-Net Worth and Ultra-High Net Worth clients. The role involves investment advisory, business development, and regulatory compliance.
- Focus on HNI/UHNI client acquisition and retention
- Develop tailored financial strategies
- Ensure SEC and KYC/AML compliance
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Rand Merchant Bank is hiring a Private Wealth Associate to grow Assets Under Management by acquiring and managing High-Net Worth and Ultra-High Net Worth clients. The role involves investment advisory, business development, and regulatory compliance.
- Focus on HNI/UHNI client acquisition and retention
- Develop tailored financial strategies
- Ensure SEC and KYC/AML compliance
- Based in Nigeria
AI job guide
Use this guide to check salary signals, requirements, documents, application steps and safety before you apply.
AI salary guide
Not enough public dataNot enough public salary data is available for this exact role. Before applying, prepare to ask about gross pay, benefits, contract length, probation period, transport and any allowances.
Can you qualify for this role?
- UnclearRelated work experienceThe text mentions experience, but the exact level should be confirmed at source.
- RequiredEducation or certification mentioned in the postThe captured text mentions education, a diploma, certificate, or licence.
- PreferredPractical evidence in sales, finance, Wealth ManagementThe tags and summary point to skills connected with this role.
- RequiredAvailability to work in NigerThe vacancy is associated with this location.
- UnclearComfort with the Other contract termsConfirm hours, duration, probation and benefits at the original source.
Documents to prepare
- Likely requiredUpdated CV
- Role specificCover letter or short employer message
- OptionalProfessional references
- Role specificAcademic or professional certificates
- VerifyID or passport only after verifying the employer
Application tips for this job
- Place your strongest Private Wealth Associate evidence in the first half of your CV.
- In your cover letter or employer message, connect your experience to Rand Merchant Bank and the role in Niger.
- Add concrete examples related to sales, finance, Wealth Management, ideally with measurable outcomes or clear responsibilities.
- Follow the instructions from MyJobMag Nigeria; avoid sending documents to unofficial contacts or copied links.
- Confirm the deadline, interview location and employer contact before sharing personal documents.
- Prepare a polite question about pay, benefits and contract terms for later interview stages.
Source and safety check
- MyJobMag Nigeria
- Original source link available
- Application method is clear
- Deadline not specified
- No major risk signal was detected in the captured text.
Never pay for interviews, shortlisting, medical checks, uniforms, or job placement. Confirm every application at the original source before sharing personal documents. Report suspicious listing.
Interview preparation
- What experience makes you a strong fit for this Private Wealth Associate role in sales, finance?
- How have you handled responsibilities similar to those in this job post?
- Are you available to work in Niger under the listed contract or schedule?
- Prepare examples with clear responsibilities, tools used and measurable outcomes.
- Review the source and research Rand Merchant Bank before the interview.
Ask what the first priorities will be in the role and how success will be measured.
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Original source description
The Private Wealth Associate will support the growth of the RMBN AM’s Assets Under Management (AUM) by originating, nurturing and converting relationships with High-Net Worth (HNI) and Ultra-High Net Worth (UHNI) clients, serving as a trusted partner to provide them with personalized wealth management solutions aligned with their financial goals. The role requires a combination of origination, relationship management, financial advisory expertise, and a deep understanding of RMBN AM’s investment offerings.
Reporting to the Head of Business Development, the successful candidate will play a central role in executing the sales and client acquisition strategy, driving client retention, and positioning the firm's investment product offerings within Nigeria's asset management and broader Africa.
Key Responsibilities
- Client Acquisition & Relationship Management:
- Identify, prospect, and onboard new HNI/ UHNI clients
- Build strong, trust-based relationships with clients, acting as their primary advisor
- Conduct regular portfolio reviews with clients, ensuring alignment with their financial objectives.
- Investment Advisory & Portfolio Management:
- Conduct financial needs assessments and risk profiling.
- Develop tailored financial strategies across all asset classes.
- Structure and recommend appropriate investment solutions leveraging RMBN AM’s platform.
- Monitor client portfolios, ensuring alignment with objectives and market conditions.
- Provide regular performance updates and rebalancing recommendations.
- Business Development:
- Achieve assigned Assets Under Management (AUM) growth targets.
- Collaborate with product and investment teams to design innovative financial solutions that meet client needs.
- Stay abreast of market trends, competitor offerings, and regulatory changes.
- Represent RMBN AM at client events, industry forums, and networking engagements to expand visibility and client reach.
- Regulatory Compliance & Risk Management:
- Ensure all advisory and sales activities comply with SEC regulations and company policies.
- Adhere to KYC/AML requirements during client onboarding and throughout client relationships.
- Maintain accurate client documentation and reporting records
- Key Performance Indicators
- Growth in AUM across assigned client portfolios and product lines.
- Number of new client relationships originated and successfully onboarded.
- Client retention rate and reduction in churn.
- Quality and timeliness of CRM record-keeping and reporting.
- Client satisfaction, including timely resolution of queries and complaints.
- Qualifications & Experience
- Bachelor's Degree in Finance, Economics, Business Administration or related fields.
- 5 to 7 years relevant experience in business development, investment/relationship management or client-facing sales within asset management, banking or financial services.
- Relevant professional certification (e.g. CFA, CIS) is an added advantage.
- Demonstrable track record of meeting or exceeding sales/AUM growth targets.
- Sound understanding of Nigerian capital market, money market, investment products and regulatory environment (SEC, CBN).
- Highly skilled in managing and developing relationships with high-net-worth individuals (HNWIs), ultra-high-net-worth individuals (UHNWIs), providing tailored wealth management and investment solutions.
- Ability to identify clients’ financial objectives and conduct comprehensive financial needs analysis to recommend suitable investment products in line with objectives.
- Key Skills & Competencies:
- Strong interpersonal and relationship-management skills, with the ability to engage confidently with senior stakeholders and high-net-worth individuals.
- Excellent verbal and written communication and presentation skills.
- Commercially astute with strong negotiation and persuasion abilities.
- Analytical mindset with the ability to interpret market and portfolio data to inform client conversations.
- Proficiency in Microsoft Office (Excel, PowerPoint, Word) and CRM systems.
- Prepare and delivered professional client presentations, investment proposals, market outlook reports, and wealth management strategies to prospective and existing clients.
- Design compelling client pitches and sales presentations that effectively communicate investment opportunities, resulting in increased assets under management and revenue growth
- High level of integrity, professionalism and discretion in handling confidential client information.
- Self-motivated, result-oriented and able to work both independently and collaboratively within a team.
- Strong organisational skills with the ability to manage multiple client relationships and priorities simultaneously.
- Strong sales and business development capabilities.
- High level of professionalism, integrity, and discretion.
- Check how your CV matches this job
Method of Application
- Interested and qualified? Go to
- Rand Merchant Bank on firstrand.wd3.myworkdayjobs.com
- to apply
- Build your CV for free.
- Download in different templates.