Executive Manager - Wealth Management

Embark on a journey where your unique contributions are celebrated, and your professional growth is embraced. At ADCB, we nurture a diverse, inclusive community where every voice is valued.

About the business area

The Retail Banking Group (RBG) supports retail and micro-business customers in managing their finances, through expert advice and the provision of a full suite of specialist products and services in conventional and Shari’ah compliant banking. The business is committed to driving digital innovation to deliver excellence in customer service. We are actively seeking an ambitious professional to join our Retail Banking team at ADCB to work alongside passionate colleagues who share your ambition to redefine excellence in UAE banking.

In this role, your key responsibilities include:

·         Budget Management: Contribute to the preparation of the business area’s budget and manage and monitor the financial performance against the budget so that areas of unsatisfactory performance are identified, rectified promptly and potential performance improvement opportunities are identified.

·         Product Management: Develop investment products by conducting research to ensure product profitability, competitiveness and grow market share. Conceptualize, propose and implement new product propositions and strategic marketing alliances to ensure high visibility and competitive advantage to grow customer share and overall profitability. Monitor the portfolio compositions, usage pattern and behavior, cost of funds and yields in accordance with business objectives; to manage the customer communication by way of collaterals and term sheets for product information and to ensure all activities are in compliance with legal, regulatory, associations and bank guidelines.

·         Policies, Processes, Systems and Procedures: Recommend and implement improvements to departmental policies, procedures and processes covering all areas of activity so that all relevant procedural requirements are fulfilled while ensuring that ADCB delivers best-in-class services, products and innovation.

·         Continuous Improvement: Identify opportunities to contribute to organizational and departmental change initiatives, programmes and projects taking into account best practice and standards in the business environment.

·         Customer Service:  Demonstrate Our Promise and apply the ADCB Service Standards to deliver the bank’s required levels of service in all internal and external customer interactions.

·         People Management: Manage self and team in line with ADCB’s people management policies, procedures, processes and practices to ensure adherence and to maximize own and employee contribution to business performance. Manage the effective achievement of the team’s objectives through setting individual objectives, managing performance, developing the team and providing formal and informal feedback to maximize overall performance, engagement and motivation.

The ideal candidate should have the following experience

·         At least 8 years of experience in banking/financial institution

·         Bachelor’s Degree in Finance, Business, or Economics from a well-recognized university

·         Accredited Financial Analyst, Certified Investment Professional, Certificate in Quantitative Finance, Chartered Financial Analyst, Certified International Investment Analyst.

·         Master Financial Risk Manager (FRM), ICA Specialist or Certificate in Conduct Risk

·         Knowledge and Skills

·         Knowledge in banking

·         Numerical and financial analysis skills

·         Intermediate Excel, Word and MS Office skills

What we offer:

·         Competitive Salary: The indicative pay range for this role is AED 37,000 – AED 56,000 per month. Additionally, all employees are eligible to participate in one of our rewarding variable pay plans.

·         Comprehensive Benefits Package: This includes market-leading medical insurance, group life and personal accident insurance, paid leave and leave airfare, employee preferential rates on loans and finance facilities, staff discounts and offers, and children education assistance (for certain job levels).

·         Flexible and Remote Working Options: We understand the importance of work-life balance and offer flexible working arrangements, subject to eligibility and job requirements.

·         Learning and Development Opportunities: We value and facilitate continuous learning and personal development, through a variety of exciting learning opportunities, such as structured instructor-led courses, a comprehensive e-Learning catalog, on-the-job training and professional development programs.

At ADCB, we are dedicated to creating a respectful, caring and disciplined work environment that aligns with your career ambitions.

At ADCB, we are dedicated to creating a respectful, caring and disciplined work environment that aligns with your career ambitions.