NRI Private Wealth Manager

Job Specification: NRI Private Wealth Manager

Location: Dubai, UAE

Salary: 12,000AED to 30,000AED + Bonus

Position Overview: The NRI Private Wealth Manager will be responsible for managing and growing a portfolio of high-net-worth non-resident Indian (NRI) clients. This role involves providing bespoke financial advice, investment management, and wealth planning services tailored to the unique needs of NRI clients.

Key Responsibilities:

1. Client Relationship Management:
   • Build and maintain long-term relationships with high-net-worth NRI clients.
   • Understand clients' financial goals, risk tolerance, and investment preferences.
   • Conduct regular reviews and updates with clients to ensure their financial plans remain aligned with their objectives.
2. Financial Advisory:
   • Provide comprehensive financial planning and advisory services, including retirement planning, tax optimization, estate planning, and education fee planning.
   • Develop and implement tailored investment strategies that meet clients' financial goals.
3. Investment Management:
   • Construct and manage bespoke investment portfolios, ensuring diversification and alignment with clients' risk tolerance.
   • Monitor and review investment performance, making adjustments as necessary to optimize returns.
4. Business Development:
   • Identify and pursue new business opportunities within the NRI market.
   • Conduct seminars, webinars, and networking events to attract potential clients.
   • Collaborate with internal teams to develop marketing strategies targeting the NRI segment.
5. Regulatory Compliance:
   • Ensure all advisory activities comply with local and international regulatory standards.
   • Stay updated on regulatory changes and their impact on clients' financial plans.

Qualifications and Experience:

1. Bachelor's degree in Finance, Economics, Business Administration, or a related field. A Master's degree or relevant professional certification (e.g., CFA, CFP) is preferred.
2. Minimum of 5 years of experience in wealth management or financial advisory, with a focus on high-net-worth clients with a client portfolio and AUM that is transferable.
3. In-depth knowledge of financial products, investment strategies, and wealth planning tools.
4. Strong understanding of the financial and regulatory environment affecting NRI clients.
5. Excellent communication, interpersonal, and relationship-building skills.
6. Proven track record in business development and client acquisition.

Skills and Competencies:

• Client-centric approach with a strong commitment to delivering exceptional service.
• Analytical mindset with the ability to interpret complex financial data and market trends.
• High level of integrity and professionalism.
• Proficiency in financial planning software and CRM systems.
• Ability to work independently and as part of a collaborative team.

Benefits:

• Competitive salary and performance-based incentives.
• Comprehensive health insurance and retirement benefits.
• Continuous professional development opportunities.
• Supportive and dynamic work environment.

Application Process: Interested candidates are invited to submit their resume and a cover letter detailing their relevant experience and why they are the right fit for this role.