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Senior Private Banker

Ateca
Dubai, UAE
fulltime
Director
Yesterday
BankerPrivate
Free

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Overview

Our client is a fast-growing independent private wealth platform headquartered in Dubai and Singapore.

The firm operates with a distinctive dual structure Financial Institution status combined with EAM flexibility which gives bankers access to products and pricing that pure External Asset Managers cannot offer.

Custodian relationships sit with BNY Mellon, an institutional-grade backbone that supports a sophisticated UHNW client base.

The Role

  • Build, manage and grow a portable UHNW client portfolio from the Dubai office, with primary coverage of the Arab market, European book or African UHNW segment
  • Operate as a senior franchise builder within a flexible, entrepreneurial structure — bankers are expected to run their book as a business
  • Leverage the firm's FI + EAM platform to deliver investment, advisory, lending and structured solutions that pure EAMs cannot match
  • Originate net new business through your established network, leveraging BNY Mellon custodian credibility with sophisticated UHNW clients

What You'Ll Bring

  • Senior private banking experience with a clearly portable book and demonstrable long-standing UHNW client relationships
  • Coverage of one or more of: Arab market, European UHNW, African UHNW (aspirational vertical) or Asia ex-NRI (Vietnam, Indonesia, Malaysia, Thailand, China)
  • Indicative book benchmarks: Director ~$50M, Executive Director ~$80M, Managing Director $100M+ (assessed case by case alongside revenue quality and client portability)
  • Strong track record in net new asset acquisition — this is a build mandate, not a maintain mandate
  • Experience working with cross-border client sets and an understanding of FI + EAM platform dynamics
  • Comfort with a flexible, entrepreneurial culture — bankers operate with autonomy and accountability rather than within a heavy bureaucratic process
  • Currently based in Dubai or willing to be permanently based in DIFC
  • What's on Offer
  • Competitive base salary reviewed individually against seniority and book profile
  • Performance-linked payout typically in the mid-30s to around 50% of revenue generated — materially above a traditional bank's 50/50 split because there is no bank dilution layer to fund
  • BNY Mellon custodian relationship and FI status — institutional-grade infrastructure with EAM-style economics
  • Online private bank capability complementing the senior-banker model
  • Process can move quickly for strongly aligned profiles
  • If you are interested in discussing this position and want more information on the platform, apply here on Linkedin or email Luke Ottley (Director of Private Banking) [email protected] with a copy of your CV.

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