Assistant Manager Wealth Support

Emirates Islamic Bank; United Arab Emirates; On-site; AED 60,000 - 120,000; Full time

Job summary

A leading financial institution in the UAE seeks an experienced professional to oversee portfolio reviews and investment propositions. The ideal candidate will manage clients' investments while ensuring compliance with strategic financial goals. Key qualifications include a Bachelor's degree in finance, CFA certification, and over 3 years of relevant wealth management experience. This position offers a competitive salary, focus on work-life balance, and excellent career development opportunities.

Benefits

Competitive salary package

Strong emphasis on work-life balance

World-class Learning & Development platform

Generous annual leave entitlement

Private Healthcare

Preferential banking facilities for employees

Qualifications

• 3+ years of similar experience in other banks or wealth management institutions.
• Experience as a wealth manager for at least 3 years.
• Experience in investment product management of at least 3 years.

Responsibilities

• Completing portfolio reviews and proposals for PB and PRB segments.
• Providing NTW proposals within adequate TAT time.
• Participate in projects to improve data quality and process automation.

Skills

Wealth management experience

Investment analysis

Strong communication skills

Education

Bachelor’s degree in finance or business

Masters in finance / MBA

CFA certification

CSI Certification / Other Certifications

Tools

Investment management software

Job description

About Team

Emirates Islamic Wealth Management provide wealth management services to various Emirates Islamic Businesses Including PB, PRB, WB and Retail Banking. The aim is to assist Affluent, HNW and UHNW clients by defining their strategic goals and offering specialized and tailored solutions to professionally manage, grow, safeguard, and diversify the future of family weal

Job Purpose

Portfolio Reviews and Investment Propositions:

• Completing Portfolio reviews as well as proposals for PB and PRB segments within the deadlines set and following the frequency cycle in line with the NPPA.
• Closely monitoring the progress and making sure all reviews were shared with clients and that client discussions took place during the agreed time frame.
• Providing NTW proposals in adequate TAT time to help bringing more businesses and increasing investment penetration.
• Implementing bespoke proposals to customized specific recommendations to PB clients.
• Promptly liaising with CIO office to accommodate urgent advisors/RMs requests (Outlook/write ups).

• Rebalancing existing portfolios in alignment with the CIO views as well as latest TAA approved by the investment committee. Portfolios are undergoing continuous shifts in allocating percentages of assets held in various categories to take advantage of market pricing.

  Middle Office Management:

• IPOs: Assist with applications processing for local IPOs by liaising with all stakeholders ( RMs, IAs, Lombard, Operations.)
• Investment Products and Customers’ portfolio Analysis
• Rebranding Investment Communications.
• Perform thorough analysis to identify business opportunities, risks, and performance metrics to translate business needs into analytical solutions.
• Support ad-hoc data investment requests from IAs.
• Participate in projects to improve data quality, reporting accuracy, and process automation.
• CIO Office Monthly Publication – rebranding CIO office investment publications for clients' use in line with shariah guidelines
• Corporate actions communication: Dispatch corporate actions to clients on a timely manner

Education & Skills

Bachelor’s degree in finance or business

Masters in finance / MBA

CFA certification

CSI Certification / Other Certifications

3+ years of similar experience in other banks or wealth management institutions

Experience as wealth manager for at least 3 years

Experience in investment product management of at least 3 years

Experience across a wide range of Banking areas, e.g., Retail, wealth management, SME

What we offer you

• Competitive salary package
• Strong emphasis on work-life balance and wellbeing across the bank
• World-class Learning & Development platform and career development
• Generous annual leave entitlement and Private Healthcare
• Preferential banking facilities for employees