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Associate Vice President - SME Acquisition Manager

On-site Full-time

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Experience Level

Experience

Qualifications

Ideal Candidate ProfileEducation: A Bachelor’s or Master’s degree in Finance, Business Administration, or a related field is required. An MBA or professional certifications in banking/finance are a plus. Experience: At least 10 years in sales, business development, or client acquisition in the SME and commercial lending sector, with a proven record of achieving sales targets. Industry Exposure: Familiarity with Banking or financial services, particularly in relationship management or financial services sales. SkillsComprehensive knowledge of SME lending solutions, including trade products, supply chain finance, commercial loans, asset-backed loans, and capex loans. Exceptional leadership, coaching, and team-building abilities, along with strong stakeholder management and interpersonal skills. A data-driven approach to performance monitoring, demonstrating the ability to leverage insights to drive improvements.

About the job

About the Role

RAK Bank is on the lookout for an energetic and strategic Associate Vice President to spearhead our Client Acquisition Team dedicated to SME Lending. This senior leadership position plays a crucial role in propelling growth across our diverse portfolios, including Working Capital, Trade Finance, Commercial Loans, Merchant POS Loans, Asset-Backed Lending, and Supply Chain Finance. Reporting directly to the Vice President & Head of SME Acquisition, the ideal candidate will merge extensive knowledge of SME financing with proven sales leadership skills, cultivating high-performing teams that drive sustainable business growth.

Key Responsibilities

  • Craft and implement innovative strategies for acquiring SME clients through direct channels, partnerships, and networks.
  • Build and nurture robust relationships with business owners, referral partners, brokers, and internal stakeholders to optimize acquisition and cross-sell opportunities.
  • Lead, mentor, and develop a team of client acquisition professionals, fostering a culture of high performance through coaching, clear goal setting, and collaboration.
  • Conduct regular market analyses to pinpoint opportunities, threats, and emerging trends, refining sales strategies as needed.
  • Oversee the client onboarding process from start to finish, ensuring efficiency, compliance, and client satisfaction.
  • Monitor performance metrics, tracking and reporting KPIs such as acquisition rates, conversion ratios, and portfolio growth, and provide insights and recommendations to senior management.
  • Ensure compliance with internal policies and regulatory guidelines, fostering a strong risk management culture.

About RAK Bank

RAK Bank, officially known as the National Bank of Ras Al-Khaimah, is a Public Joint Stock Company based in the United Arab Emirates (UAE). Established in 1976, it stands as one of the oldest banks in the UAE. The Bank operates across both retail and corporate banking sectors, offering a wide array of services such as personal and business banking, credit cards, loans, investment services, and wealth management. Recent years have seen the Bank achieve significant milestones, including recognition as one of the world's best banks by Forbes ME (2022) and being awarded UAE's SME Bank of the Year by the Asian Banking and Finance Awards. RAK Bank has consistently reported the highest profitability and lowest cost of risk since 2015 and has experienced substantial growth in its acquiring business, card spending, and business loans. Currently, RAK Bank is undergoing a transformational journey, partnering with Honeywell to enhance sustainability by reducing overall energy consumption.

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