Private Banker - Ultra High Net Worth

Kotak Mahindra Bank is one of India's leading private sector banks offering comprehensive banking and financial services. Kotak Private Banking caters to ultra-high net worth individuals and families, providing bespoke wealth management and investment solutions.

The Private Banker will manage relationships with ultra-high net worth clients, offering tailored wealth management, investment advisory, and banking solutions. This role demands exceptional relationship management skills, deep financial acumen, and the ability to deliver white-glove client service.

• Manage a portfolio of ultra-high net worth clients with assets under management exceeding ₹100 crore
• Develop customized wealth management strategies encompassing investments, tax planning, estate planning, and succession planning
• Source new UHNW clients through referrals, networking, and strategic business development initiatives
• Collaborate with product specialists, portfolio managers, and investment advisors to deliver holistic solutions
• Conduct regular portfolio reviews and market updates to ensure alignment with client objectives and risk appetite
• Ensure compliance with regulatory requirements, KYC norms, and internal banking policies

• Bachelor's degree in Finance, Economics, or related field; MBA or CFA is highly preferred
• 9+ years of experience in private banking, wealth management, or investment advisory serving UHNW clients
• Proven track record of managing client portfolios exceeding ₹50 crore in AUM
• Deep understanding of financial markets, investment products, tax structures, and estate planning
• Excellent relationship management and communication skills with ability to engage CXO and family office stakeholders
• Strong network within the UHNW community in Mumbai and surrounding regions
• NISM certifications (Series V-A Mutual Fund Distributors, Series VIII Equity Derivatives) are mandatory

• Competitive package between ₹18L – ₹25L per annum with attractive performance incentives
• Manage marquee UHNW client relationships with one of India's most respected private banks
• Access to best-in-class investment products, research, and wealth management platforms
• Hybrid work model with flexibility to manage client engagements effectively
• Exceptional career progression opportunities in private banking and wealth management leadership

This opening is not listed on any public job portal. It is a verified internal opportunity exclusively accessible through the website careerjump.co.in and directly apply to this job role. They also have similar job openings posted daily on their website. You can also join their WhatsApp Community for daily updates on verified internal job openings.