Associate - Wealth Management (Ethraa Graduate program)

Job Purpose

Business Development & Client Acquisition

• Support senior relationship managers in identifying and acquiring HNW and Ultra High Net Worth (UHNW) clients across the UAE.
• Assist in preparing pitch books, financial proposals, and tailored presentations for prospective clients, with a focus on both onshore and international investment needs.
• Participate in client meetings and contribute to strategies aimed at growing Assets under Management (AUM) and liabilities under the advisory model.

Relationship Management

• Act as a supporting officer for a portfolio of UAE-based clients, ensuring a superior level of service and responsiveness.
• Build strong, long-term relationships with clients to understand their financial goals, family structures, and risk tolerance, taking into account the unique cultural and generational dynamics of the region.
• Coordinate with internal product specialists (credit, treasury, investment) to deliver holistic banking and Sharia-compliant solutions where applicable.

Investment Management Support

• Assist in the construction and monitoring of discretionary and advisory investment portfolios, with exposure to GCC equities, fixed income, real estate, and international markets.
• Conduct market research and performance attribution analysis, keeping abreast of regional economic trends and global financial developments.
• Support the team in preparing investment committee materials and client reporting.
• KYC, AML due diligence & Compliance
• Ensure strict adherence to Central Bank of the UAE (CBUAE) regulations, including AML/CFT (Anti-Money Laundering / Combating the Financing of Terrorism) guidelines.
• Prepare and review client onboarding documentation, ensuring all KYC records are complete, accurate, and compliant with UAE data protection and banking secrecy laws.
• Assist in the ongoing monitoring of client accounts for suspicious activity and regulatory reporting requirements.

• Operational & Credit Support (Lombard Lending)

• Gain exposure to Lombard lending and other credit facilities offered to UAE private banking clients, understanding how leverage is structured against investment portfolios.
• Assist in monitoring collateral, margin requirements, and portfolio valuations to ensure compliance with credit risk policies.
• Collaborate with operations teams on trade settlements, corporate actions, and account maintenance to ensure a seamless client experience.

Qualification

• Fresh graduate with a Bachelor's or Master's degree from a recognized university.
• Preferred disciplines: Finance, Economics, Business Administration, or Accounting.
• Strong academic track record; candidates with professional aspirations toward CISI, CFA, or CFP qualifications will be viewed favorably.

Experience

• Basic understanding of the UAE regulatory landscape (CBUAE, AML, KYC) and a strong commitment to compliance.
• Natural interest in business development, revenue generation, and building client relationships.
• Ability to interpret financial data, construct investment proposals, and present insights clearly.
• Fluency in English is essential; proficiency in Arabic is a distinct advantage for client-facing interactions.
• Highest standards of professional ethics and client confidentiality, aligned with UAE banking culture.
• Proficiency in MS Office (Excel, PowerPoint); familiarity with Bloomberg or financial modelling tools is a plus.