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

May 19th, 2023 at 14:17   Security & Safety   Abu Dhabi   364 views Reference: 84
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
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