Assistant Relationship Manager - Private Banking - EAM

COMPANY INTRODUCTION

Emirates NBD is a market leader across the MENAT (Middle East, North Africa and Türkiye) region with a presence in 13 countries, serving over 20 million customers. The Emirates NBD Group has a total of 853 branches and 4,213 ATMs / SDMs. Emirates NBD is the leading financial services brand in the UAE with a Brand value of USD 3.89 billion.

At the bank, we serve our customers and help them realise their financial objectives through a range of banking products and services including retail banking, corporate & institutional banking, Islamic banking, investment banking, private banking, asset management, global markets and treasury, and brokerage operations.

We are a key participant in the global digital banking industry, with 97% of all financial transactions and requests conducted outside of our branches. We also operate Liv, the lifestyle digital bank by Emirates NBD. With close to half a million users, it continues to be the fastest-growing digital bank in the region.

JOB PURPOSE

The Assistant Relationship Manager - Global External Asset Management Coverage, Private Banking is an important pillar within the Front Office of the Private Bank. The position has mainly client servicing and revenue-generating responsibilities.

The Assistant Relationship Manger is an important pillar within the Front Office of the Private Bank despite being the most junior Relationship Manager. The position has mainly Revenue generating responsibilities.

RESPONSIBILITIES

Your role will involve:

• Develop own existing client relationships, guided and coached by Team Leader or Senior Director
• Identify potential prospects and develop them to become clients of the bank.
• Liaise with the Private Banking Investments Team to deliver effective banking solutions tailored to the clients’ requirements
• Regularly conduct quarterly account reviews in liaison with the allocated Investment Advisor (for accounts above a certain balance threshold) and extend Investment Proposals as result of the review.
Operational issues – Account opening & maintenance and transactions

REQUIREMENTS

To be successful in this challenging role, you must be able to demonstrate:

Essential

• Bachelor’s degree in finance/ economics/ Banking
• Minimum 1-2 years overall related experience
• Having an existing book of relationships and contacts consisting of high-net-worth individuals
• Experience in the framework and business etiquette in MENA markets
• Basic knowledge of assets & liabilities products as well as capital markets, portfolio management and investment products
• Understanding of Compliance, Due Diligence and Anti-Money Laundering Acts as well as standard banking procedures
General understanding of legal structures (Offshore, Trusts)

WHAT WE OFFER YOU...

• Competitive salary package
• Strong emphasis on work/life balance
• Generous annual leave entitlement and Private Healthcare
• World-class Learning & Development platform and career development
Preferential banking facilities for employees

If you have the skills, experience and drive to take on this role, we look forward to receiving your application.

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