Wealth Management Career Options

Please follow and like us:

Wealth Management Career Options

Graduating in Wealth Management is quite tricky. While managing people’s money sounds easy as pie, it’s a job filled with smart moves and stressful nights. From bookkeeping to accounting, a wealth management career option is nothing short of exciting. You are the caretaker of client’s property with the responsibility of finding ways to enhance it and keep the big bucks coming, via- investments, IPO’s or other such holdings.

Wealth Management Career Options

Let’s see as to the kind of roles one can find under Wealth Management as a profession:

Relationship Management

The most common wealth management career option is that of a relationship manager (RM). The job profile is such, where the RM is expected to maintains the strong bond with the client, by understanding his/her investment choices, the kind of risk the client likes to take; so that the RM can suggest the right tactic for the customer.

What is required to be a Relationship Manager:

  • Trust in the client, his choices and in-turn self-confidence that the move being made will be beneficial for the customer.
  • Capability to provide practical solutions that can be offered to clients under complicated and stressful conditions.
  • Proactive approach in gauging market opportunity for the client and seeking the best price for it.

Relationship Management

Service Management

A Service Manager (SM) is someone who handles operational requirements in dealings.  Service Manager is the back-end worker who makes it possible for the client to have hassle-free transactions in an effortless manner.

What does it take to be a Service Manager?

  • Goal Oriented Behavior so that once the market opportunity is spotted; it is made sure to be followed through.
  • Meticulous capabilities while transacting help the SM in paying close attention to detail in spotting weak-links and problem areas.

Speedy execution abilities to proactively deal with transactions, investments and follow ups.

Service Management

Product Manager

One of the most important Wealth management career option is that of a Product Manager (PM). It is the duty of the product manager to make sure that the most appropriate product is offered to the suitable client, thus keeping in mind the diverse needs of the customer- from risk management to funds available. In retrospect the Product Manager’s choices have lots of effect on each and every transaction that the client makes, thus making the Product Manager’s job a tough one.

What do you need to have to be a product manager?

  • The knack to handle challenging situations and a grip on market opportunities.
  • An inclination to understand various asset types so as to recommend the best suitable one to the most appropriate candidate.
  • Practical learning to apply theoretical knowledge in real life.

 

Product Manager

The Take-Away

A career option in Wealth Management is a great way to ensure a safe future. From being a Relationship Manager to a Service Manager or a Product management, it is an industry that always keeps you on your toes. Always on the go, this dynamic world of highs and lows has a lot to teach you on its way that can prove out to be quite fruitful on your journey to success.

 

Course NameFee (INR)Apply Now
AIM Exam3450Apply
CCRA Level 1 Exam Fees3450Apply
CCRA Level 2 Exam Fees3450Apply
Certificate in Investment Banking17250Apply
Certificate in Investment Banking Exam Fee3450Apply
Certificate in Multi-Asset Investment Strategy5750Apply
Certificate in Real Estate Modelling17250Apply
Certificate in Real Estate Modelling Exam Fee3450Apply
Certificate in Trust & Estate Strategy5750Apply
Certified Alternative Investment Manager40000Apply
Certified Credit Research Analyst40000Apply
Certified International Investment Analyst40000Apply
Certified International Wealth Manager40000Apply
Certified Private Banking Manager28750Apply
Certified Private Banking Manager Exam Fee3450Apply
CIIA Exam70990Apply
CIRA Exam5750Apply
CIWM Final Level Exam22900Apply
QFOP Exam5750Apply
Qualified Family Office Professional40000Apply
Please follow and like us:

Comments

comments