Private Banking Manager

SolveCube is an award-winning AI-enabled Talent Marketplace Platform for middle and senior level Management and Technology Professionals. SolveCube is working with global consulting firms, mid and large banks and enterprises across Asia Pacific and Middle East to fulfill their talent needs for permanent, short-term, part-time, interim and turnkey assignments.

Our client, a leading Bank in UAE is looking for Manager Private Banking to be based in Dubai

Arabic Speakers are required

Key Note: Need someone who is currently working as Relationship Manager / Senior Relationship Manager, Wealth Management in Dubai and willing to move into Private Banking OR candidate who is currently working as Private Banking RM and looking for a parallel move. All candidates should have UHNWI / HNWI portfolio with an aggressive approach in bringing NTB and hitting the revenue and liabilities targets.

Job Purpose:

To efficiently manage, grow and advise a portfolio of Ultra High Net Worth clients, providing them with the highest quality service and advice. Working with clients to evaluate their financial data and investment objectives in order to recommend and implement the most appropriate investment strategy.

Principal Accountabilities:

1. Planning: Responsible for devising and implementing a realistic business plan to ensure achieving annual financial targets.
2. Target achievement: Drive the achievement of monthly portfolio targets on sales, service, and fee income.
3. Client Service: Expected to provide the highest quality service by building, maintaining, and growing relationships with clients. Meet and work with clients to evaluate their financial data and investment objectives in order to recommend & implement the most appropriate investment strategy and understand each client's financial objectives to provide tailored services.
4. Responsible for the immediate closure of all queries and issues of the wealth customers related to banking products and services.
5. Reports: Responsible for providing monthly client portfolio reports and analysis on how to address issues raised. Actively liaise with various departments to provide and gain leads for prospective business and new clientele. Coordinate with the Legal to verify all customer contracts. Ensure all departments coordinate in a timely manner providing excellent customer service to clients.

Education and Experience:

Bachelor's Degree in Economics, Finance, or Business Management.

CISI qualification / SCA or equivalent.

9-10 years of experience in Retail banking with 5 years of exposure to Private Banking in UAE / 9-10 years of experience in Wealth Management with an existing portfolio.