HSBC: Wealth and Personal Banking
Why join this Job Simulation?
Welcome to our programme. We're so excited to have you here. Our Global Private Banking function (which forms part of our Wealth and Personal Banking business) meets the wealth management needs of ultra-high-net-worth and high-net-worth customers. We help them manage, protect, and grow their wealth.
During this programme, you'll get the opportunity to step into the shoes of a HSBC Relationship Manager (RM), working with a new high-net-worth client in our Private Bank and complete tasks that will show you the type of work they undertake every day. Relationship Managers work closely with their clients to understand their needs and provide financial solutions to meet them. They combine in-depth knowledge of the financial markets and financial products with a thorough understanding of their client. Their role is to bring the entire bank to the client, identifying the ways in which HSBC can help them.
As part of this programme, you’ll practise two core skills of a Relationship Manager; identifying and defining a client’s needs and proposing and communicating financial solutions to meet them.
At HSBC, we don’t just focus on what we do, we focus on how we do it. We have a Conduct Approach that complements our Purpose and Values – this guides us all to take responsibility to do the right thing and focus on the impact we have for our customers and the financial markets in which we operate:
We understand our customers’ needs and design, market and sell products and services that recognise their long-term interests
We provide products and services that offer a fair exchange of value and do not undermine market competition
We service our customers’ ongoing needs and ensure products and standards of service continue to have a positive impact
We act with integrity in the financial markets we operate in
We operate resiliently and securely to avoid harm to customers and markets
As you work through the tasks in this programme, acting within these principles will ensure you embody the expectations of a HSBC employee.
The work does not form part of an official recruitment process. It has been designed to broaden and deepen your knowledge of the role/business area and help you decide whether this is a career path you're keen to pursue. At the end of each task, you have the opportunity to compare your work against an example answer, furthering your learning and development.
We hope this programme is a useful resource for you to upskill and strengthen your resume as you explore career options and a potential role at HSBC.
This Job Simulation is designed and produced by InsideSherpa Inc (d/b/a Forage, a Delaware incorporation located at 251 Little Falls Drive, Wilmington, Delaware, 19808-1675 United States of America (“Forage”)) for educational purposes only and is subject to the terms and conditions of this website.
Nothing presented in this Job Simulation should be taken as an accurate representation of the HSBC Group’s views or the work undertaken by the HSBC Group. Nothing in this Job Simulation is intended to promote or advertise any product or service by any member of the HSBC Group of companies. To learn more about HSBC Group’s business visit www.hsbc.com.
All tasks, materials, companies and people featured in this Job Simulation are simulated and entirely fictional. Any resemblance to real persons (either living or dead) or other real-life entities is purely coincidental.
How will you benefit?
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Throughout the HSBC Wealth and Personal Banking Virtual Experience, you’ll develop deep insights into what it is actually like to work at HSBC.
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You’ll receive hypothetical instructions from the team and have the opportunity to compare your work with example solutions to help you learn from the experience.
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When you complete the HSBC Wealth and Personal Banking Virtual Experience, you’ll earn a personalised completion certificate to share with prospective employers and your professional network.
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No more applying for jobs without knowing what the role involves. Build the confidence and practical skills that employers are looking for.
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Next time you walk into an interview, you’ll be job ready with experience and an understanding of the role.
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Nearly 50% of the hours you are awake are spent at work. Discover if this is the right career path for you.
What will you learn?
Relationship manager: Identify unique investor profile
Gather the client's key investment objectives, risk appetite, investment restrictions, and other relevant information to recommend investment solutions
Practical skills you will gain from working on this task:
• Identifying Investment Profiles
• Fact Finding
• Relationship Management
• Client CommunicationPresenting a holistic investment recommendation
Offering a bespoke investment recommendation based on a client's unique investor profile
• Quantitative Analysis
• Judgement
• Relationship Management
• Client Communication
• PowerPoint
This programme is self-paced. It takes 2-3 hours to complete this Virtual Experience
