Vice President – Advisory and Managed Solutions, Wealth Management

At RAKBANK, we believe in fostering a culture of innovation, growth, and excellence. We are not just a bank – we are a community that thrives on teamwork, cutting-edge solutions, and the highest standards of governance.

About the Role

As Vice President – Advisory and Managed Solutions, Wealth Management, you will report to the SVP & Head of Investment Products and play a pivotal role in shaping RAKBANK’s Wealth Management proposition. This position is responsible for establishing and managing our Advisory and Managed Solutions offering, driving strategic partnerships, and delivering innovative portfolio-based services to enhance the Elite and Investment Management value proposition.

What You’ll Be Doing

• Develop Advisory Proposition: Introduce portfolio-based advisory services in collaboration with third-party providers.
• Managed Solutions Offering: Build and manage client-centric solutions with a strategic Asset Management partner.
• Product Development: Drive roadmap for Managed Solutions including Strategic Asset Allocation (SAA), Tactical Asset Allocation (TAA), model portfolios, discretionary/multi-asset portfolios, and thematic investment ideas.
• Partnership Management: Establish and maintain strong relationships with asset managers and external providers.
• Compliance & Governance: Ensure adherence to regulatory requirements and internal policies.
• Market Insights: Monitor trends and competitor activities to identify growth opportunities.
• Lifecycle Management: Lead product launches and manage end-to-end product lifecycle.
• Performance Monitoring: Define KPIs and track success of Managed Solutions offerings.
• Continuous Improvement: Drive initiatives to enhance customer experience and operational efficiency.

What We’re Looking For

• Education: Bachelor’s degree in Business Administration, Finance, Marketing, or related field.
• Experience: Minimum 12+ years in Wealth Management with direct exposure to SAA, TAA, model portfolios, and discretionary/multi-asset strategies.
• Expertise: Strong knowledge of financial markets, investment strategies, and regulatory frameworks.

What’s In It For You

• Competitive, performance-linked compensation.
• Medical coverage for you and your family.
• Comprehensive life insurance.
• Inclusive and diverse workplace culture.
• Career development and fast-track growth opportunities.
• Mentorship from industry experts.

Skills

• Strategic Thinking : Ability to develop and execute long-term plans.
• Analytical Skills: Proficient in analyzing market trends and performance metrics.
• Communication : Excellent interpersonal skills to influence stakeholders.
• Partnership Management : Proven track record in managing wealth products and services partnerships.