The best way to invest

- Traditionally, people may think that a bank is a place where you store your savings. Get a credit card or a loan if you are going to buy a house. But banks can offer much more. The bank does everything from insurance to distributing pensions. Give advice to people and companies on how to invest their money, Hanne explains. Who got a job as a wealth specialist at the bank after finishing her master's degree at BI.

A wealth specialist in business development is many things. It is someone who develops and maintains the bank’s investment products and solutions, advisory and portfolio tools. Alongside internal and external communication on the investment side.

- My role in all of this is to work with all investment-related areas for our stakeholders in Wealth Management. Ultimately, we find the best way to create value for our customers, she continues.

Developing investment solutions

Hanne works in the business development team for wealth management. The team works with all investment-related areas in the bank.

- We do not provide investment advice directly to the bank's customers. I am part of the team that maintains and develops investment solutions. Also, products and tools for the advisors to use, she says.

On top of that, business development is involved in developing different tools. Tools that the bank's advisors can use to help customers invest. Whether they are companies or individuals.

For example, advisors can use one of the tools to create different scenarios to simulate and illustrate different choices. How these choices can affect the customer’s wealth and investments. In such work, we have to consider the investment allocation and composition between equities and bonds. But also, the time horizon of the investment, the willingness to take risks, and the loss ability.

Training advisors and managers

Both the investment solutions, products and tools that advisors use to provide investment advice. These must be maintained and up to date. There are occasionally new regulations that the banks are required to follow. If there are technical product updates needed. Keeping track and making sure products, solutions and tools are compliant is a part of Hanne’s everyday responsibility.

- We also train the bank's advisors and managers in the solutions, tools and products we develop and maintain. In addition to working with existing products. We need to make sure our advisors know what is being updated or changed. If, for example is a change to the investment products. We are responsible for communicating this to the advisors, the wealth specialist says.

Hanne also work closely with different stakeholders in the bank. Such as private banking, retail banking, asset management and risk. A big part of the job is therefore to work across different business units. Also, stakeholders have a variety of different initiatives and projects.

The benefit of travelling

- My job has a lot of variety. I am involved in many projects in collaboration with the bank's departments in Denmark. My responsibility requires me to travel. Bot, nationally and internationally, to attend workshops, meetings, or to get to know colleagues. Travelling and collaborating across borders with Denmark, Sweden and Finland is something I really enjoy, Hanne says.

The wealth specialist is happy to be able to work on so many different projects. It keeps her job exciting, she thinks.

- I learned a lot from the master's programme at BI. There was a lot of theory about financial markets, risk, and investment products, Such as equities, funds and so on. Here at the office, I work more hands-on with what I have studied. Which is great. I learn quite a bit by working with colleagues who have more experience. It is also important to have a strong theoretical background. A good foundation was crucial for getting the job I have today, says Hanne.