Relationship Manager - Wealth Coverage - UAE & International

Role

Role Purpose

Priority and Private Banking

Priority & Private banking

Client Acquisition & Relationship Management

• Proactively source NTB clients within the

Priority and Private Banking

• segments, ensuring alignment with the bank's qualifying criteria for wealth management services.
• Build and maintain long-term relationships with existing clients, ensuring consistent engagement and satisfaction.
• Develop a personalized approach to client acquisition by understanding clients' financial goals, needs, and risk profiles.
• Engage with potential clients via targeted outreach, leveraging internal and external networks, local & international branches, events, and marketing initiatives.

Sourcing Wealth and Liability Products

• Promote and sell a full range of wealth management products, including Sukuk, Structure products, Mutual Funds, BancaTakaful, and other banking solutions, tailored to meet the specific needs of HNWIs and UHNWIs.
• Source and cross-sell liability products and mortgages to clients, ensuring appropriate product placement based on individual client circumstances.
• Collaborate with product specialists, credit teams, and other internal resources to develop bespoke solutions for clients.

Market Expansion & Cross-Border Sourcing

• Leverage the bank’s international network to source clients and business opportunities from global markets where the bank has a presence, including the identification of cross-border wealth and liability needs.
• Stay up to date with market trends and competitor offerings to ensure the bank’s wealth and liability products remain competitive across all markets.

Client Onboarding & Documentation

• Lead the client onboarding process, ensuring all necessary documentation, compliance, and KYC are completed in a timely and accurate manner.
• Ensure adherence to regulatory guidelines and internal policies related to client account management.

Revenue Generation & Targets

• Achieve assigned targets related to client acquisition, wealth revenues and portfolio growth, in line with bank-wide goals.
• Monitor, track, and report on performance metrics, identifying areas for growth and improvement.
• Ensure the successful cross-selling of a range of products to maximize the lifetime value of each client.

Networking & Brand Representation

• Represent the bank at events, networking opportunities, and private client gatherings to enhance brand presence and generate leads.
• Develop a deep understanding of clients' evolving needs and deliver exceptional service to ensure client retention and referrals.

Key Deliverables

• Acquisition of NTB clients for priority and private banking.
• Growth in wealth revenues, including assets under management (AUM) and liabilities.
• Increase in (FX) revenues,
• Growth in NTW through targeted wealth management solutions.
• Specialist Skills / Technical Knowledge Required for this role:
• Strong understanding of wealth management products, private banking services, and liability solutions.
• Ability to source new clients and build long-term, profitable relationships with high-net-worth and ultra-high-net-worth individuals.
• Strong interpersonal and communication skills, with the ability to engage clients in a professional, confident, and approachable manner.
• Excellent understanding of the regulatory environment and compliance requirements for wealth management services.
• Strong analytical skills and attention to detail.
• A high degree of self-motivation, with a focus on achieving set targets.
• Previous experience:
• Minimum of 2-3 years of experience in wealth management, priority banking, private banking.