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Business Development Manager | Abu Dhabi, UAE

ADIB - Abu Dhabi Islamic Bank

Abu Dhabi

On-site

AED 120,000 - 200,000

Full time

Yesterday
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Job summary

A leading Islamic bank in Abu Dhabi seeks a Business Development Manager to identify new business opportunities and promote Islamic banking products. The ideal candidate will have 3-5 years of experience in banking, proficiency in English, and strong relationship management skills. This position offers a dynamic environment focused on driving revenue growth and enhancing product penetration.

Qualifications

  • 3-5 years of experience as a Business Development Manager or similar role, preferably in banking.
  • Proficiency in English; Arabic skills are an advantage.
  • Understanding of market dynamics, especially within Islamic banking.

Responsibilities

  • Identifying and pursuing new business opportunities.
  • Conducting comprehensive market research to identify new business opportunities.
  • Developing and maintaining strong relationships with clients for long-term partnerships.

Skills

Business Development
Customer Support
Relationship Management
Communication
Negotiation
Problem-Solving

Education

Bachelor’s degree in business administration or related field
Master's or certifications in Islamic finance

Tools

MS Office
Data Analysis Tools

Job description

Business Development Manager

ADIB - Abu Dhabi Islamic Bank Abu Dhabi, United Arab Emirates

Job Description

Role: Business Development Manager

Location: Abu Dhabi

Role Purpose:

Identifying and pursuing new business opportunities, promoting Islamic banking products, and driving revenue growth. The goal is to enhance product penetration and support ADIB's strategic cross-sell initiatives.

Key Accountabilities of the role:

  • Work closely with Wholesale Banking Group and other stakeholders on new and existing corporate clients in portfolio under management and scope business potential.
  • Proactively arrange and conduct business meetings with prospective clients to promote ADIB's Retail products and services.
  • Conduct comprehensive market research to identify new business opportunities, customer needs, and market trends.
  • Track and manage the entire contract and agreement process, ensuring timely conversion and fulfilment of client expectations.
  • Maintain detailed records of sales, revenue, and other key performance indicators to monitor progress and inform strategic decisions.
  • Continuously promote ADIB's products and services, addressing potential client objections and concerns.

Results Required:

  • Provide market intelligence on key competitors to ensure competitive propositions and packages.
  • Collaborate with internal teams to create tailored propositions that meet client needs while adhering to Islamic banking principles.
  • Increase key product penetration within assigned portfolio and channel leads to tagged teams through Lead Management.
  • Provide employees of corporates in the portfolio with superior service and swift lead conversion (within TAT) in coordination with Customer Excellence team.
  • Address and resolve client complaints to maintain satisfaction and loyalty.
  • Propose campaigns and identify opportunities to increase product penetration, along with policy enhancements relevant to the portfolio/employer.
  • Develop and maintain strong relationships with clients for long-term partnerships aligned with the bank's objectives.

Specialist Skills / Technical Knowledge Required:

  • 3-5 years of experience as a Business Development Manager or similar role, preferably in banking.
  • Experience in customer support and relationship management.
  • Proficiency in English; Arabic skills are an advantage.
  • Understanding of market dynamics, especially within Islamic banking.
  • Strong rapport-building skills with clients and stakeholders.
  • Excellent time management and multi-project handling skills.
  • Exceptional communication and negotiation skills.
  • Leadership abilities with a track record of driving business growth.
  • Strong problem-solving skills and decision-making under pressure.
  • Proficiency in MS Office and data analysis tools.
  • Bachelor’s degree in business administration or related field; master’s or certifications in Islamic finance are a plus.

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