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VP, Private Banker

Bermuda

Consider relocating to put your Private Banking background to good use in balmy, low-tax Bermuda – less than a 3 hour flight from Toronto!  Enjoy a total change of scenery and gain valuable international experience in a premier offshore financial center while earning a USD based income with low taxation (approx. 7-8%).

We are searching for a highly qualified professional to join our Bermuda-based Financial Services Client in the role of Vice President, Private Banker. 

Key responsibilities will include:

  • Managing, developing and maintaining a portfolio of HNW client relationships, focused on banking, asset management and trust services
  • Providing a high level of client service including visiting client sites, delivering presentations and serving as the primary point of reference for all client needs
  • Analyzing client requirements, creating relationship plans and providing customized solutions to meet client needs
  • Increasing profitability by cross-selling, identifying new business opportunities and potential new clients
  • Achieving individual performance and development goals in line with the department’s objectives and budgets
  • Managing and mentoring direct reports


Requirements:

  • 10+ years of progressive experience managing relationships with HNW client portfolios
  • Post secondary degree or equivalent. MBA an advantage. 
  • Professional qualification (such as CFP, TEP, CFA) preferred
  • Broad understanding of relevant private banking products and services including asset management, deposits, credit, trust services and estate planning
  • Strong sales and client service background: proven ability to close business and effectively manage HNW client relationships
  • Proven staff management experience


This is a full-time position that requires the successful candidate to be based in Bermuda. Due to the international move involved, ideal candidates will be mobile, adaptable and motivated to experience the idyllic living and working environment that Bermuda has to offer.

Our client offers a competitive, nearly tax-free compensation package. Relevant work permit, relocation assistance, pension, health insurance and other benefits will also be made available.

Last update: May 21, 2024

Please apply or contact:

Jason Squires
1-705-725-7663
jason@squiresresources.com