companyFirst Abu Dhabi Bank logo

Executive Director - Private Banking

On-site Full-time

Clicking Apply Now takes you to AutoApply where you can tailor your resume and apply.


Unlock Your Potential

Generate Job-Optimized Resume

One Click And Our AI Optimizes Your Resume to Match The Job Description.

Is Your Resume Optimized For This Role?

Find Out If You're Highlighting The Right Skills And Fix What's Missing

Experience Level

Senior Level Manager

Qualifications

Knowledge & Experience:Essential:Postgraduate degree in Management, Commerce, Finance, Economics, or a related field from a recognized institution. At least 15 years of direct experience in relationship management. Proven sales, negotiation, and customer service abilities. Track record of success in a comparable role within the UAE or Asia. Successful completion of Client Advisory and Competency Standards Assessment (CACS papers I & II). Meets the Monetary Authority of Singapore (MAS) qualification standards for Financial Advisors. Exhibits a high degree of integrity towards clients and the bank. Preferred:Familiarity with the banking and financial regulatory landscape in Singapore, India, and the UAE. Experience working with NRI, UAE, APAC high net worth, and Family Office clients. Skills:Proficient in English; knowledge of Arabic is advantageous. Exceptional communication skills.

About the job

Key Responsibilities:

Oversee the Private Banking Profit and Loss (P&L) in Singapore, ensuring a robust cross-selling of the bank's diverse products and services.

Operational Duties:

  • Engage in marketing initiatives targeting high net worth individuals and corporate clients.
  • Administer the credit process within authorized limits to nurture a healthy credit portfolio for high net-worth clients.
  • Direct sales and distribution strategies, including managing sales channels and participating in client engagements alongside product teams as necessary.
  • Facilitate product development and ensure a seamless rollout of new offerings designed for Private Banking clientele.
  • Lead Private Banking Relationship Managers in expanding, acquiring, and retaining high net worth customers.
  • Engage in community events to promote the bank's reputation and foster new business opportunities.
  • Stay updated on legal changes impacting the Private Banking sector.
  • Disseminate pertinent information throughout the bank to enhance communication.

Administrative Oversight:

  • Assist in formulating Private Banking policies and procedures.
  • Ensure adherence to relevant regulations, guidelines, and internal policies.
  • Collaborate with various departments to harness cross-selling and up-selling opportunities.
  • Drive revenue objectives for the department.
  • Lead a team of relationship managers and/or advisors to secure new business and enhance service penetration among existing clients.
  • Continuously analyze and improve the profitability of the client portfolio, identifying new growth opportunities.
  • Coordinate with support units to guarantee the necessary operational infrastructure is in place.

Team Development:

  • Foster a strong team culture through effective training, coaching, and mentoring while developing potential successors.
  • Evaluate performance and appraise direct reports based on established targets.
  • Assist team members in achieving sales goals through collaborative client engagements and guidance.
  • Strive to enhance staff satisfaction and reduce turnover rates.

Risk Management:

  • Ensure compliance with First Abu Dhabi Bank’s policies and procedures.
  • Escalate significant regulatory breaches to the appropriate risk management teams.
  • Review operational losses and collaborate with risk teams to implement corrective measures.

About First Abu Dhabi Bank

First Abu Dhabi Bank is committed to fostering an inclusive environment where the diverse experiences, perspectives, ideas, and beliefs of every individual are valued. Our unique position allows us to learn from each other, combining international expertise with deep cultural insights and local knowledge. At FAB, you will receive robust support from your team and a strong partnership with your manager, who will empower you with responsibilities and acknowledge your achievements. By embracing diverse viewpoints and actively listening to one another, we grow stronger together.

Similar jobs

Tailoring 0 resumes

We'll move completed jobs to Ready to Apply automatically.