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Director Private Banking | Abu Dhabi

Emirates Islamic Bank

Banking & Financial Services

πŸ“ Abu Dhabi, United Arab Emirates
πŸ’Ό Full-time
πŸ•’ Posted 3 weeks ago

Job description

Role Overview

Director Private Banking at Emirates Islamic Bank in Abu Dhabi. You will play a key role in Front Office Relationship Management with primary focus on revenue generation.

Company Overview

Emirates NBD is a market leader across the MENAT (Middle East, North Africa and TΓΌrkiye) region with presence in 13 countries, serving over 9 million customers. It is the leading financial services brand in the UAE with a brand value of approximately USD 4 billion. The bank serves customers through retail banking, corporate & institutional banking, Islamic banking, investment banking, private banking, asset management, global markets and treasury, and brokerage operations. Emirates NBD is a key participant in the global digital banking industry, with 97% of all financial transactions and requests conducted outside of branches. The bank operates Liv, the lifestyle digital bank by Emirates NBD, which has over half a million users and is the fastest-growing digital bank in the region.

Role Purpose

Manage high-value portfolios and drive revenue generation by maintaining and expanding existing client relationships, attracting Net New Money, and identifying, developing and converting new prospects into valued clients.

Key Responsibilities

Portfolio & Relationship Management

  • Maintain and expand existing client relationships while identifying and developing new prospects into bank clients.
  • Manage high-value portfolios with primary focus on revenue generation.

Revenue & Business Growth

  • Contribute to the growth of the Private Bank.
  • Accelerate business growth and attract Net New Money.
  • Generate sustainable revenue for the bank.
  • Increase the share of invested assets by providing tailored solutions and exploring investment opportunities with clients.

Client Development & Cross-Selling

  • Conduct regular account reviews with Investment Advisors.
  • Increase client share of wallet and diversify the Private Bank by collaborating on direct investment opportunities.
  • Build strong partnerships across ENBD business lines, including Corporate, Retail, Investment Banking, and Asset Management.

Team Leadership & Development

  • Foster an entrepreneurial spirit and curiosity within the team by leading by example.
  • Inspire junior team members.
  • Successfully develop your own client portfolio.

Qualifications & Experience

  • MBA in Finance or Bachelor's degree.
  • 10 to 15 years of relevant experience in Financial Services.
  • Minimum of 2 years of experience in Middle Eastern markets.
  • CFA or equivalent financial services qualifications (Desirable).

Skills & Competencies

  • Strong knowledge of assets & liabilities products, capital markets, portfolio management and investment products.
  • Comprehensive understanding of compliance, due diligence, and anti-money laundering regulations.
  • Knowledge of basic legal structures such as offshore accounts & trusts.

Additional Information

  • Flexible work policy permitting remote work.
  • Competitive rewards, benefits and perks.
  • Professional development opportunities to accelerate career growth.

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