Requirements

• For a better learning experience
• we suggest you to use a laptop / mobile phone / pen and paper for taking notes
• highlighting important points
• and making summaries to reinforce your learning.

Description

Welcome to course Wealth Management, Private Banking & Compliance Introduction by MTF Institute

Course provided by MTF Institute of Management, Technology and Finance

MTF is the global educational and research institute with HQ at Lisbon, Portugal, focused on business & professional hybrid (on-campus and online) education at areas: Business & Administration, Science & Technology, Banking & Finance.

MTF R&D center focused on research activities at areas: Artificial Intelligence, Machine Learning, Data Science, Big Data, WEB3, Blockchain, Cryptocurrency & Digital Assets, Metaverses, Digital Transformation, Fintech, Electronic Commerce, Internet of Things.

MTF is the official partner of: IBM, Intel, Microsoft, member of the Portuguese Chamber of Commerce and Industry, and resident of the incubator “The Fintech House of Portugal”.

MTF is present in 208 countries and has been chosen by more than 380,000 students.

Do you want to build a global career at the Wealth Management, Private Banking and Compliance?

Join our new course from globally recognized experts: Barbara Gutsch (15+ years of international experience in banking and finance, incl. 7+ years in Swiss private banking as risk and compliance manager) and Olga Margolin (17+ years in Swiss private banking industry, as top executive and business owner, managing international client relationships).

You will know about the key processes in Private Banking and Wealth Management, KYC and compliance rules, understand key principles of private banker’s work and you will be able to get guidelines for your learning needs and professional path to build a career in global finance.

Let’s look to introduction module of program and share your needs and ideas for areas of learning.

The full course with case studies based on real world insights and firsthand expertise is coming soon!!

What is Wealth Management, Private Banking, & Compliance?

Wealth Management: A comprehensive approach to financial planning and investment management aimed at growing and preserving a client’s wealth over time. Wealth managers offer services including:

• Financial goal setting

• Investment portfolio creation and management

• Tax planning

• Estate planning

• Retirement planning

• Risk management

• Insurance analysis

Private Banking:  A division within banks exclusively dedicated to serving high-net-worth individuals (HNWIs). Private banking offers a wider range of personalized services beyond typical retail banking:

• Customized investment strategies

• Complex financial structuring

• Lending and credit services

• Philanthropy and wealth transfer advice

• Lifestyle services (like arranging travel or special events)

Compliance:  The practice of ensuring a company and its employees adhere to all relevant laws, regulations, and industry standards. Financial compliance focuses on:

• Anti-Money Laundering (AML): Preventing the use of financial systems for illegal activities.

• Know Your Customer (KYC): Verifying clients’ identities and understanding their financial activity.

• Data Protection & Privacy: Safeguarding sensitive client information.

• Market Conduct and Investor Protection: Rules aimed at fair and transparent financial markets.

Why Learning Wealth Management, Private Banking, & Compliance is Important

For Companies:

• Reduced Risk: Strong compliance programs mitigate legal and financial risks from regulatory fines or reputation damage associated with non-compliance.

• Enhanced Reputation: Demonstrating commitment to ethical and transparent practices builds trust with clients and regulators.

• Operational Efficiency: Streamlining processes and aligning with regulations can improve efficiency and reduce costs.

• Client Attraction: Robust wealth management offerings and focus on client needs attract and retain valuable HNWIs.

For Managers:

• Increased Value: Compliance expertise and understanding of wealth management strategies position managers as trusted advisors to businesses and clients.

• Competitive Edge: These critical skills open up wider career opportunities within a complex and heavily regulated industry.

• Enhanced Decision-Making: Knowledge of regulations and best practices guide informed choices, optimizing client outcomes while minimizing risks.

Building a Global Career in Wealth Management, Private Banking & Compliance

Globally in Demand: Financial regulations are complex and constantly evolving, creating a need for skilled professionals in developed and emerging markets.

Diverse Opportunities: Roles exist across banks, wealth management firms, regulatory bodies, and consultancies, offering possibilities beyond traditional client-facing positions.

Cross-Border Expertise: Understanding the nuances of international regulations and compliance frameworks is essential for navigating global financial markets.

Who this course is for:

• No special requirements. A course for anyone who wants to build career in Wealth Management
• Private Banking & Compliance
• “Do you want to build a global career at the Wealth Management
• Private Banking and Compliance? Join our new course from globally recognized experts: Barbara Gutsch (15+ years of international experience in banking and finance
• incl. 7+ years in Swiss private banking as risk and compliance manager) and Olga Margolin (17+ years in Swiss private banking industry
• as top executive and business owner
• managing international client relationships). You will know about the key processes in Private Banking and Wealth Management
• KYC and compliance rules
• understand key principles of private bankers work and you will be able to get guidelines for your learning needs and professional path to build a career in global finance. Let’s look to introduction module of program and share your needs and ideas for areas of learning.”
• “Wealth Management: A comprehensive approach to financial planning and investment management aimed at growing and preserving a clients wealth over time. Wealth managers offer services including: Financial goal setting Investment portfolio creation and management Tax planning Estate planning Retirement planning Risk management Insurance analysis”
• “Compliance:xa0 The practice of ensuring a company and its employees adhere to all relevant laws
• regulations
• and industry standards. Financial compliance focuses on: Anti-Money Laundering (AML): Preventing the use of financial systems for illegal activities. Know Your Customer (KYC): Verifying clients identities and understanding their financial activity. Data Protection & Privacy: Safeguarding sensitive client information. Market Conduct and Investor Protection: Rules aimed at fair and transparent financial markets.”
• Private Banking:xa0 A division within banks exclusively dedicated to serving high-net-worth individuals (HNWIs). Private banking offers a wider range of personalized services beyond typical retail banking: Customized investment strategies Complex financial structuring Lending and credit services Philanthropy and wealth transfer advice Lifestyle services (like arranging travel or special events)
• For Companies: Reduced Risk: Strong compliance programs mitigate legal and financial risks from regulatory fines or reputation damage associated with non-compliance. Enhanced Reputation: Demonstrating commitment to ethical and transparent practices builds trust with clients and regulators. Operational Efficiency: Streamlining processes and aligning with regulations can improve efficiency and reduce costs. Client Attraction: Robust wealth management offerings and focus on client needs attract and retain valuable HNWIs.
• For Managers: Increased Value: Compliance expertise and understanding of wealth management strategies position managers as trusted advisors to businesses and clients. Competitive Edge: These critical skills open up wider career opportunities within a complex and heavily regulated industry. Enhanced Decision-Making: Knowledge of regulations and best practices guide informed choices
• optimizing client outcomes while minimizing risks.
• Building a Global Career in Wealth Management
• Private Banking & Compliance Globally in Demand: Financial regulations are complex and constantly evolving
• creating a need for skilled professionals in developed and emerging markets. Diverse Opportunities: Roles exist across banks
• wealth management firms
• regulatory bodies
• and consultancies
• offering possibilities beyond traditional client-facing positions. Cross-Border Expertise: Understanding the nuances of international regulations and compliance frameworks is essential for navigating global financial markets.