Relationship Manager(Wealth)

Role Overview:

We are hiring for a Wealth Management company in Dubai for the role of Relationship Manager. The ideal candidate shall have a proven track record in managing high-net-worth clients, delivering tailored financial solutions, and maintaining long-term client relationships within a well-established financial institution.

Key Responsibilities:

1. Client Acquisition and Portfolio Management:
   • The ideal candidate should have managed and grown a portfolio of high-net-worth clients with a minimum initial deposit of USD 1 million per client.
   • Ensured an average portfolio size per client of USD 3-5 million over 12-24 months.
   • Should have onboarded and funded 8-10 new clients within the first six months.
   • Establish and nurture long-term relationships with clients to drive loyalty and retention.
2. Investment Advisory and Financial Solutions:
   • Offer a range of investment products, including stocks, bonds, mutual funds, and ETFs, catering to both local and international client needs.
   • Provide insightful, market-relevant advice, considering factors such as interest rate cycles, inflation, and broader market conditions.
3. Client Relationship Management:
   • Act as a trusted advisor, building relationships with high-net-worth individuals through a confident, personable approach.
   • Maintain strong communication and presentation skills, with a high command of English.
   • Leverage an understanding of high-net-worth client requirements to tailor financial strategies and product recommendations.

Qualifications and Experience:

• Minimum 8-10 years of experience in UAE Wealth Management.
• Demonstrated loyalty and consistency, having been with the current institution for at least 4-5 years.
• Extensive knowledge of wealth products, including practical experience in advising and implementing solutions.
• Experience managing portfolios with substantial AUM, reflecting strong client relationships.
• Previous experience in a Private Bank is preferred, although candidates from elite retail wealth teams (such as Priority, Signature, Elite, etc.) are also welcome to apply.

Compensation and Benefits:

• Salary Range: AED 25,000 and no bar for deserving candidates, based on experience, current compensation, and portfolio size.
• Variable Pay: Quarterly sales incentives, with payout slabs starting at 35% and going up to 50%.
• Medical and Visa: Comprehensive medical coverage for the RM and family, visa sponsorship, and annual leave as per labor laws.
• Retirement Benefits: Gratuity credited monthly, as per UAE labor laws.
• Additional Perks:
• Weekly market updates and continuous product training.
• Support from dedicated service teams for account setup, product management, and portfolio reviews.
• Access to exclusive company events, including international offsites and regular contests.
• Transparent pricing tools and open-door policies for performance discussions and growth support.
• High-level support from the company’s CIO and CEO to close important client deals.

Job Type: Full-time

Pay: AED 25,000.00 - AED 30,000.00 per month

Education:

• Bachelor's (Required)

Experience:

• Wealth management: 10 years (Required)

Location:

• Dubai (Required)

Application Deadline: 30/11/2024