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Director of Private Banking

On-site Full-time

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Experience Level

Senior Level Manager

Qualifications

Required Knowledge & Experience:A postgraduate degree in Management, Commerce, Finance, or Economics from a recognized institution. A minimum of 15 years of extensive experience in relationship management. Proven sales, negotiation, and client service skills. Currently serving in a similar capacity within the Asia region. Successful completion of Client Advisory and Competency Standards Assessment (CACS papers I & II). Meets MAS qualification criteria for Financial Advisors. Exhibit a high level of integrity towards clients and the institution.

About the job

Key Responsibilities:

  • Act as the primary point of contact (SPOC) in Singapore for the FAB Network Relationship Managers (RMs).
  • Serve as the resident authority for the Singapore booking center, providing expertise on regulatory matters and internal processes.
  • Facilitate the onboarding of new family office clients across the APAC, GCC, and NRI regions while nurturing existing client relationships.
  • Enhance the integration of investment, insurance, treasury, and lending solutions within client portfolios.
  • Play a pivotal role in driving the growth of Assets Under Management (AUM) within the Private Banking division.
  • Generate income through fees, foreign exchange, and interest.
  • Ensure compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations as outlined.
  • Adhere to the bank's policies regarding client management and sales of Private Banking products.
  • Maintain compliance with all relevant regulations and qualifications as set by the Monetary Authority of Singapore (MAS).

Job Context:

MAS-Individual Accountability & Conduct

  • Designated as “Material Risk Personnel - MRP” in accordance with MAS guidelines.
  • Commit to upholding the bank's Fit and Proper standards.
  • Regularly confirm and attest to the Job Description and Balance Scorecard requirements.
  • Complete MRP assessments in collaboration with Senior Management.
  • Comply with the Bank’s Code of Conduct at all times.

Frameworks, Boundaries & Decision-Making Authority:

  • Operate within the framework of Group policies and overall organizational governance structures.

About First Abu Dhabi Bank

First Abu Dhabi Bank (FAB) fosters an inclusive culture where each employee's experiences, perspectives, ideas, and beliefs are valued. Our unique position allows us to learn from diverse colleagues, blending international expertise with profound cultural insights and local knowledge. At FAB, you will receive unwavering support from your team and a robust relationship with your line manager, who will entrust you with responsibilities and recognize your achievements. Embracing varied viewpoints, we strengthen our organization together.

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