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Relationship Manager(Wealth)
1 month ago
Role Overview:
Key Responsibilities:
Client Acquisition and Portfolio Management
- Ensured an average portfolio size per client of USD 3-5 million over 12-24 months.
- Should have onboarded and fund 8-10 new clients within the first six months.
- Establish and nurture long-term relationships with clients to drive loyalty and retention.
Investment Advisory and Financial Solutions
- Offer a range of investment products, including stocks, bonds, mutual funds, and ETFs, catering to both local and international client needs.
- Provide insightful, market-relevant advice, considering factors such as interest rate cycles, inflation, and broader market conditions.
Client Relationship Management
- Act as a trusted advisor, building relationships with high-net-worth individuals through a confident, personable approach.
- Maintain strong communication and presentation skills, with a high command of English.
- Leverage an understanding of high-net-worth client requirements to tailor financial strategies and product recommendations.
Qualifications and Experience:
- Minimum 8-10 years of experience in UAE Wealth Management.
- Demonstrated loyalty and consistency, having been with the current institution for at least 4-5 years.
- Extensive knowledge of wealth products, including practical experience in advising and implementing solutions.
- Experience managing portfolios with substantial AUM, reflecting strong client relationships.
Compensation and Benefits:
- Variable Pay: Quarterly sales incentives, with payout slabs starting at 35% and going up to 50%.
- Medical and Visa: Comprehensive medical coverage for the RM and family, visa sponsorship, and annual leave as per labor laws.
- Retirement Benefits: Gratuity credited monthly, as per UAE labor laws.
- Additional Perks:
- Weekly market updates and continuous product training.
- Support from dedicated service teams for account setup, product management, and portfolio reviews.
- Access to exclusive company events, including international offsites and regular contests.
- Transparent pricing tools and open-door policies for performance discussions and growth support.
- High-level support from the company’s CIO and CEO to close important client deals
Pay: AED25,000.00 - AED30,000.00 per month
**Education**:
- Bachelor's (preferred)
Application Deadline: 30/11/2024