Overview
Understanding of key processes in Private Banking and Wealth Management, Understanding why Risk and Compliance rules are so important in banking, Understanding of key principles of private banker's work, Parties involved to GWM, Regulation and Business needs
No special requirements. A course for anyone who wants to build career in 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.
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.
Welcome to program Global Wealth Management and Private Banking 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.
MTF is present in 210 countries and has been chosen by more than 510 000 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.
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.
MTF Institute of Management, Technology and Finance
MTF Institute of Management, Technology & 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.
MTF is present in 210 countries and has been chosen by more than 510 000 students.
The Institute of Management, Technology and Finance (MTF), an organisation dedicated to providing practical and cutting-edge education in the fields of business, technology, and finance. Our institute has a history that began in 2021 as The Retail Banking School, focused on addressing the practical and modern challenges of the retail banking industry, finance, and fintech. However, recognizing the evolving needs of the business world, we underwent a transformative redevelopment in 2023, becoming the Institute of Management, Technology and Finance. This redevelopment enabled us to expand our focus and cater to the growing demand for expertise in IT, technology areas, business, and entrepreneurship.
Our Motto: Scientia et Pratique. At MTF, we pride ourselves on our strong commitment to practical business knowledge. We understand that success in the modern professional landscape requires not only theoretical understanding but also the ability to apply that knowledge in real-world scenarios. Our curriculum is designed to empower our students with the necessary skills, tools, and mindset to excel in their chosen fields. Through hands-on projects, case studies, and experiential learning, we ensure that our students gain the practical expertise needed to thrive in today's dynamic business environment.
We believe in fostering the growth and development of our students on multiple levels. Beyond imparting technical knowledge, we place great emphasis on nurturing a growth mindset, enabling our students to embrace challenges, adapt to changes, and continuously evolve in their careers. We support the development of our students' skillset by providing access to state-of-the-art resources, cutting-edge technologies, and industry-relevant tools. By doing so, we prepare our students to become agile professionals capable of navigating the complexities of the business world.
At MTF, our mission is to provide valuable knowledge that supports the building of successful careers and businesses. We are dedicated to equipping our students with the skills, insights, and practical know-how they need to make a positive impact in their professional endeavors. We strive to foster a learning environment that promotes innovation, creativity, and ethical decision-making. Our values revolve around excellence, integrity, collaboration, and a student-centric approach. We are committed to empowering our students to become industry leaders and change-makers.
We understand that learning is a lifelong journey, and we recognize the importance of continuous professional development. The business landscape is ever-evolving, and staying ahead requires a commitment to learning and staying updated with the latest trends and advancements. As an institute, we are dedicated to being a provider of valuable knowledge and skills that can help professionals thrive in their respective industries. Through our rigorous curriculum, ongoing research, and partnerships with industry leaders, we strive to ensure that our students receive the highest quality education that prepares them for the challenges and opportunities of the future.
Join us at the Institute of Management, Technology and Finance and embark on a transformative educational journey. Discover your potential, unlock new opportunities, and become a catalyst for change in the dynamic world of business, technology, and finance.
MTF in numbers:
> 2 700 000 students of all programs
> 510 000 unique students
digital presence at 210 countries
our students speak at English & 67 other languages