Private Wealth Associate at Rand Merchant Bank (RMB)

Rand Merchant Bank (RMB), a division of FirstRand Bank Limited, is a leading African corporate and investment bank and part of one of the largest financial services groups in Africa. RMB offers clients innovative, value-added advisory, funding, trading, corporate banking and principal investing solutions.

RMB Nigeria Asset Management (RMBN AM) is seeking a Private Wealth Associate to support the growth of its Assets Under Management (AUM) by originating, nurturing and converting relationships with High-Net-Worth (HNI) and Ultra-High-Net-Worth (UHNI) clients. The successful candidate will provide personalised wealth management and investment solutions aligned with clients’ financial objectives while supporting the firm’s client acquisition and retention strategy.

Job Details

• Company: Rand Merchant Bank (RMB)
• Job Title: Private Wealth Associate
• Location: Lagos
• Industry: Banking & Financial Services
• Experience: 5–7 years
• Application Closing Date: 2nd October, 2026

Responsibilities

Client Acquisition & Relationship Management

• Identify, prospect and onboard new HNI and UHNI clients.
• Build strong, trust-based relationships with clients and serve as their primary advisor.
• Conduct regular portfolio reviews to ensure alignment with clients’ financial objectives.

Investment Advisory & Portfolio Management

• Conduct financial needs assessments and risk profiling.
• Develop tailored financial strategies across asset classes.
• Structure and recommend appropriate investment solutions using RMBN AM’s platform.
• Monitor client portfolios and ensure alignment with investment 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 develop innovative financial solutions.
• Keep abreast of market trends, competitor offerings and regulatory developments.
• Represent RMBN AM at client events, industry forums and networking engagements to expand its visibility and client reach.

Regulatory Compliance & Risk Management

• Ensure 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

Performance will be measured through:

• Growth in AUM across assigned client portfolios and product lines.
• Number of new client relationships successfully originated and onboarded.
• Client retention rate and reduction in churn.
• Quality and timeliness of CRM record-keeping and reporting.
• Client satisfaction and timely resolution of queries and complaints.

Requirements

Candidates should have:

• A Bachelor’s Degree in Finance, Economics, Business Administration or a related field.
• 5–7 years of relevant experience in business development, investment or relationship management, or client-facing sales within asset management, banking or financial services.
• Relevant professional certification such as CFA or CIS is an added advantage.
• Demonstrable track record of meeting or exceeding sales and AUM growth targets.
• Sound understanding of the Nigerian capital market, money market, investment products and regulatory environment, including SEC and CBN requirements.
• Strong experience managing and developing relationships with HNWIs and UHNWIs.
• Ability to provide tailored wealth management and investment solutions.
• Ability to identify clients’ financial objectives and conduct comprehensive financial needs analyses to recommend suitable investment products.

Key Skills & Competencies

• Strong interpersonal and relationship management skills.
• Ability to engage confidently with senior stakeholders and high-net-worth individuals.
• Excellent verbal and written communication and presentation skills.
• Commercial awareness with strong negotiation and persuasion abilities.
• Strong analytical skills and ability to interpret market and portfolio data.
• Proficiency in Microsoft Office, including Excel, PowerPoint and Word, as well as CRM systems.
• Ability to prepare and deliver professional client presentations, investment proposals, market outlook reports and wealth management strategies.
• Ability to design compelling client pitches and sales presentations that communicate investment opportunities effectively.
• High level of integrity, professionalism and discretion when handling confidential client information.
• Self-motivated and results-oriented.
• Ability to work independently and collaboratively within a team.
• Strong organisational skills and ability to manage multiple client relationships and priorities.
• Strong sales and business development capabilities.

How to Apply

Interested and qualified candidates should apply online through the official recruitment portal.

Click here to apply online

Application Closing Date: 2nd October, 2026.