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Private Banker (local Abu Dhabi market) Full-time Job

May 20th, 2023 at 11:45   Real Estate   Abu Dhabi   408 views Reference: 151
Job Details

Full Job Description

Redstone Private Banking Search are leaders in the global provision of search solutions for the international private banking and wealth management markets. With coverage of a wide variety of Private Banks, Boutiques, Family Offices, Wealth Managers, Fund Managers and Investment Houses, Redstone Private Banking can offer tailored search solutions in a changing industry.

Redstone Private Banking Search are currently working with a private bank seeking to expand their team in Abu Dhabi covering the local market.

Key Responsibilities / Tasks
  • Responsible for managing a private client portfolio focused on the local Abu Dhabi market, predominantly residents and Arab expats * Developing and maintaining new relationships in the region with ultra and high net worth individuals * Advising clients on portfolio management, asset allocation, wealth structuring and other investments * Working closely with investment advisory, compliance and execution teams * Role reports into Managing Director
Key Qualifications / Experience
  • 8-10+ years’ experience as a Relationship Manager / Private Banker in Abu Dhabi with an excellent track record of revenue generation and client management * Strong relationships with individual ultra-high net worth and high net worth clients in Abu Dhabi, including Arab expat communities (Egyptian, Palestinian, Jordanian and Lebanese) and local Emiratis * Portfolio allocation should be weighted towards traditional wealth management and private banking investments and products. Portfolios heavily composed of local equities, mortgages and local real estate, sukuks and deposits cannot be considered * Must be currently managing a minimum AUM of USD100m * Located in Abu Dhabi, UAE
Company Description
Executive Search and Talent Acquisition
Redstone Private Banking Search are renowned private banking headhunters and leaders in the global provision of search solutions for the international private banking and wealth management markets. Through our retained and contingency models, we are well placed to search and select worldwide talent.
The Private Banking and Wealth Management industries have changed significantly in the past 10 years. With new regulations, greater domestic competition and a more dominant emerging client base, you want to employ candidates that offer you a competitive edge, help you acquire new clientele and who are able to take your business to the next level. With our in-depth research and international networks, we are confidently able to present the best talent in today’s market.
Our team of experienced consultants have concluded search assignments across the globe; Africa, Asia, Middle East, Europe, USA and LATAM. They have expertise within their chosen verticals and are helping to build Redstone Private Banking Search into the leading provider of search solutions to the private banking and wealth management industry.
Private Banking: Our Value Proposition
Redstone Private Banking Search works with candidates in Relationship Management, Investment Advisory and Corporate Advisory, Portfolio Management and Compliance. Our clients typically consist of private banks, boutiques, asset managers and independent wealth management firms. As private banking headhunters and a specialist executive search firm, our size and flexibility enables us to work on client projects in greater depth. We consider our core three strengths to be:
Research
Our consultants work closely with a dedicated research team who collaborate in systematic analysis of competition and sourcing prime talent across the global private banking market.
Intelligence
We constantly seek to expand our global network in private banking as well as correlating financial sectors, such as private equity and investment banking.
Relationship Management
Relationships are everything in private banking and across our industry. We pride ourselves on working with a modest number of clients in order to better serve their requirements with a high level of attention.
Our Approach
We act as a trusted advisor to our clients. We provide not only search solutions but guidance on hiring strategy and market intelligence. Our goal is to create a bespoke service that best fits your needs. As such, we are constantly adapting to changes in the market and our network is consistently growing.