Director - Private Banking & Wealth Management -..

5 months ago

Riyadh, Saudi Arabia Talent Pal Full time

The Director will act as the dedicated point of contact for the High Net Worth Individuals (HNWI) & Investment Banking client segment, ensuring prompt delivery of high-quality/ enhanced banking experience, in compliance with the regulatory guidelines. The incumbent will be responsible for augmenting the service delivery/business development efforts of HNWI & Investment Banking section, including but not limited to product sales/income generation, acquisition and retention of clients, investment analysis, arranging optimal financial solutions, and resolving client issues/queries. Managing relationships professionally but with attendant credit responsibility and accountability. Achievement of business development targets annually as per top management directions. Our Private Banking Director should be able to raise capital in the local market with a strong portfolio of HNWI clients.

**Role Responsibilities**:

- Contribute to the overall HNWI & Investment Banking Clients Relationships strategy and annual business plans/business growth plans. Update self on the current industry trends, economic events, regulatory requirements/changes set by relevant government bodies
- Develop and maintain robust working relationships with internal/external stakeholders to facilitate and capitalize on functional/operational/ strategic needs.
- Represent Bank at internal/external events/meetings, as directed by the Section Head, ensuring optimization of business opportunities.
- Conduct strategic reviews with existing and target customers to assess their future financing needs and align the Bank’s products accordingly (to include specific transactions, treasury, and transactional banking requirements)
- Developing Business from new & and existing clients, through strategic penetration into identified markets/sectors across the entire portfolio spectrum like assets, liabilities, and cross-selling (Real Estate, Private Equity products, and Treasury products).
- Perform the implementation of efficient client retention / anti-attrition strategies, in support of the sales efforts targeted at the HNWI & Investment Banking client segment aimed at raising capital growth, income generation, product sales, and new client growth targets.
- Assist the Section Head in coordination efforts with the respective product units, marketing, Business Units, and Cross-Sales section, in enhancing the product bundling capabilities, for improving sales/ up-sales/ cross-sale ratios based on the client profiles/needs.
- Monitor the financial standing and profitability of the respective portfolio of client accounts to analyze performance and suggest suitable means to augment earnings on investments.
- Liaise with the respective stakeholders in arranging deals, trading and other investment products for the Banking clients in a timely manner
- Engage in continuous identification/analysis of competitive insights for leveraging the HNWI & Investment Banking client sales channels.
- Contribute towards periodic client profiling/segmentation based on appropriate attributes, for a better understanding of the current client base, client engagement, and prospect acquisition.
- Managing complex relationships independently.
- Delivering a full range of products to the marketplace with a high degree of confidence.
- Ensure strong communication with all interdependent divisions and proactively initiate cross-selling where there are opportunities.
- Seek customer feedback, manage complaints, and address these to the mutual satisfaction of the customer and the bank.
- Provide regular reports to management on new customer pipeline and follow-up activity, and provide regular reports to clients regarding market developments or changes in market conditions
- Maintain corporate database to provide current and historical client information
- Ensure adherence to legal, regulatory, Shari’a, risk management and all other internal policies, guidelines, and policies at all times
- Managing assigned risk assets portfolio in line with standards of quality and profitability.
- Ensuring the provision of high-quality and timely service to clients.
- Assessing business, financial & and economic risks, and opportunities, and maximizing potential to cross-sell products.
- Preparing/executing a calling program designed to evaluate risk, assess opportunities, and maximize the potential to x-sell products.
- 10-15 years of total experience in the financial services/banking industry, entailing responsibilities in the specific area of discipline.
- Experience in banking with the HNWI & Banking client segment, with a strong understanding of the global banking industry.
- English is a must/ Arabic preferred
- Bachelor's degree in Business Admin, Banking, Finance, Marketing, Economics
- Strong portfolio of HNWI clients
- Ability to raise large sums of capital in the local market

This job has been sourced from an external job board.

  • Private Bank Relationship Manager

    2 days ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Deutsche Bank Full time

    OverviewWe are seeking a highly skilled Private Bank Relationship Manager to join our team at Deutsche Bank. As a key member of our wealth management division, you will be responsible for building and maintaining strong relationships with our clients, providing them with tailored solutions to meet their financial needs.

  • Institutional Wealth Manager

    5 months ago

    Riyadh, Saudi Arabia Hays Full time

    B- Posted by - Blake Bishop- Recruiter Wealth manager with extensive institutional client base in Riyadh Hays are currently working with a tier 1 Investment Advisory and Management firm in Riyadh and they are looking to hire a Wealth Manager to join their Institutional Investment operations. **Requirements**: - Bachelor’s in finance or related field of...

  • Private Bank

    2 weeks ago

    Riyadh, Saudi Arabia Deutsche Bank Full time

    Job Description: Details of the Division and Team: Deutsche Bank Private Bank is one of the largest wealth managers worldwide. We offer our clients a broad range of traditional and alternative investment solutions, as well as comprehensive advice on all aspects of Wealth Management. As a trusted partner of wealthy individuals and entrepreneurs, family...

  • Global Private Equity Firm Investment Opportunity

    3 weeks ago

    Riyadh, Ar Riyāḑ, Saudi Arabia PER, Private Equity Recruitment Full time

    About our client Our client is a private equity directs investment team with a strong track record. This is a unique opportunity to join their growing team based in Saudi Arabia. The team invests via direct equity structures across multiple sectors internationally, focusing on sourcing, analysis, and execution of investment opportunities. What the job...

  • Investment Professional, Global Private Equity

    5 months ago

    Riyadh, Saudi Arabia PER, Private Equity Recruitment Full time

    Investment Professional, Global Private Equity Firm, Riyadh, Saudi Arabia **About our client** Our client is a private equity directs investment team with a strong track record. This is an exciting opportunity to join their growing team based in Saudi Arabia. The team invests via direct equity structures across multiple sectors internationally. **What the...

  • Avp, Global Private Equity Firm, Riyadh, Saudi

    5 months ago

    Riyadh, Saudi Arabia PER, Private Equity Recruitment Full time

    AVP, Global Private Equity Firm, Riyadh, Saudi Arabia **About our client** Our client is an established, international investment firm looking to expand its already high-calibre direct investment team in Riyadh, Saudi Arabia. You will be joining a top-tier name that is globally recognised. You will focus on direct public investments on a global basis....

  • Senior Private Equity Investment Manager, Saudi Arabia

    5 days ago

    Riyadh, Ar Riyāḑ, Saudi Arabia PER, Private Equity Recruitment Full time

    OverviewThis is an exciting opportunity to join the growing team of a private equity direct investment firm based in Riyadh, Saudi Arabia. The team has a strong track record of investments across multiple sectors internationally.Salary and BenefitsThe estimated salary for this position is around $150,000 - $200,000 per annum, depending on experience. The...

  • Director of Wealth Management

    7 months ago

    Riyadh, Saudi Arabia The 1 Percent Full time

    **Roles And Responsibilities** - Wealth Management Strategy Development and Execution. - Develop and execute wealth management strategies that align with the overall objectives of the department, ensuring they are designed to meet wealth clientele needs. - Client Relationship Management. - Cultivate and maintain strong relationships with high-net-worth...

  • Senior Investment Manager, Private Equity, Riyadh, Saudi Arabia

    3 weeks ago

    Riyadh, Ar Riyāḑ, Saudi Arabia PER, Private Equity Recruitment Full time

    About the Role We seek a highly skilled and experienced investment professional to join our team in Riyadh, Saudi Arabia. As a member of our direct investment team, you will be responsible for sourcing, analyzing, and executing investment opportunities across various sectors, including automotive, sports, and technology. Key ResponsibilitiesSourcing and...

  • Associate Coverage

    5 months ago

    Riyadh, Saudi Arabia Natixis Corporate & Investment Banking Full time

    Associate Coverage & Investment Banking - KSA **ROLE** The main role of the Associate is to support the Coverage and Investment Banking/M&A teams with the analysis and preparation of pitches and in the execution of Corporate & Investment Banking transactions for clients. Additionally, they are responsible for mentoring and developing the Analysts / Interns...

  • Investment Professional, Global Private Equity Firm, Riyadh, Saudi Arabia

    1 month ago

    Riyadh, Ar Riyāḑ, Saudi Arabia PER, Private Equity Recruitment Full time

    About our clientOur client is a leading private equity firm with a strong track record of investing in high-growth sectors. This is an exciting opportunity to join their team in Riyadh, Saudi Arabia, where you will be part of a dynamic and growing investment team.What the job involvesAssisting in the sourcing, analysis, and execution of investment...

  • Senior Associate/AVP, Japan Coverage, Global Private Equity, Riyadh, Saudi Arabia

    3 weeks ago

    Riyadh, Saudi Arabia PER, Private Equity Recruitment Full time

    When you click apply, you will be redirected to the company’s website . Please ensure you have completed the company’s application process on their platform to fully apply. About our client Our client is an established, international investment firm looking to expand its high-calibre direct investment team in Riyadh, Saudi Arabia. You will be joining...

  • Investment Professional, Global Private Equity Firm, Riyadh, Saudi Arabia

    3 weeks ago

    Riyadh, Saudi Arabia PER, Private Equity Recruitment Full time

    When you click apply, you will be redirected to the company’s website . Please ensure you have completed the company’s application process on their platform to fully apply. About our client Our client is a private equity directs investment team with a strong track record. This is an exciting opportunity to join their growing team based in Saudi...

  • Office Manager

    5 months ago

    Riyadh, Saudi Arabia Natixis Corporate & Investment Banking Full time

    OFFICE MANAGER & PERSONAL ASSISTANT **Company Description** Natixis is a French multinational financial services firm specialized in asset & wealth management, corporate & investment banking, insurance and payments. A subsidiary of Groupe BPCE, the second-largest banking group in France through its two retail banking networks, Banque Populaire and Caisse...

  • Finance Manager

    5 months ago

    Riyadh, Saudi Arabia Natixis Corporate & Investment Banking Full time

    Finance Manager - KSA **Management reporting**: - Preparation of monthly performance reports for each business line and other management reports for business monitoring; - Close monitoring of the key performance indicators for each business line, per client, and liaise with them or relevant support functions to resolve discrepancies; - Monitor NSAIC...

  • Senior Investment Manager, Automotive and Tech

    1 month ago

    Riyadh, Ar Riyāḑ, Saudi Arabia PER, Private Equity Recruitment Full time

    About Our ClientWe are partnering with a top-tier private equity firm to find a talented investment professional to join their team in Riyadh, Saudi Arabia. This is a unique opportunity to work with a globally recognized investment firm that is expanding its direct investment team in the region.The successful candidate will focus on direct private equity...

  • Vp / Svp, Private Equity Operational

    5 months ago

    Riyadh, Saudi Arabia PER, Private Equity Recruitment Full time

    VP / SVP, Private Equity Operational Transformation, Riyadh, Saudi Arabia **About our client** This is an exciting opportunity for a VP or SVP with experience of delivering transformations to join an impressive value creation team for a Sovereign Wealth Fund in Riyadh. The fund has deployed significant capital into the local region, paving the way for...

  • Global Private Equity Investment Professional

    5 days ago

    Riyadh, Ar Riyāḑ, Saudi Arabia PER, Private Equity Recruitment Full time

    About the RoleWe are seeking a highly experienced Global Private Equity Investment Professional to join our team in Riyadh, Saudi Arabia. This is an excellent opportunity for a talented individual to leverage their investment expertise and language skills to become a valued member of our direct investment team.Job OverviewThis role will focus on sourcing,...

  • Associate / Senior Associate, Mena Aviation Private

    5 months ago

    Riyadh, Saudi Arabia PER, Private Equity Recruitment Full time

    Associate / Senior Associate, MENA Aviation Private Equity Investments, Riyadh, Saudi Arabia **About our client** Our client is a private equity team with a strong track record. This is an exciting opportunity for an Associate / Senior Associate to join a growing private equity investment team based in Saudi Arabia. The role will focus on high growth...

  • Senior Wealth Management Professional

    2 weeks ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Click and Connect Online Limited Full time

    Job Title: Senior Wealth Management ProfessionalJob Summary: Click and Connect Online Limited is seeking a Senior Wealth Management Professional to join our team. As a Senior Wealth Management Professional, you will be responsible for providing expert financial advice to clients, helping them to achieve their financial goals and secure their financial...