Director, Private Banking - Relationship Manager, ADGM

HSBC; United Arab Emirates; On-site; AED 350,000 - 600,000; Full time

Job summary

HSBC is seeking a Director in Private Banking to enhance its client base in the MENA region. The role involves managing portfolios of high-net-worth clients, developing relationships, and ensuring compliance with banking regulations. Strong networking skills and a deep understanding of the private banking sector are essential for success.

Qualifications

• Experience in managing high-net-worth clients.
• Strong networking skills and relationships in private banking.
• Compliance with banking regulations and procedures.

Responsibilities

• Manage and develop a client’s portfolio.
• Grow revenue and increase assets under management (AUM).
• Establish new relationships to generate revenue.

Skills

Networking

Relationship Management

Understanding of Private Banking

Job description

Director, Private Banking – Relationship Manager, ADGM (0000LI74)

Some careers have more impact than others.
If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be.

HSBC International Wealth and Premier Banking aims to be the international bank of choice for affluent customers, supporting their domestic and international banking, and holistic wealth management needs. We provide a leading premium proposition through Premier Banking and, together with our Global Private Bank, are present across the world’s most important markets, booking centres, and corridors most valued by our clients. Our wealth offering is further enhanced through our best-in-class manufacturing capabilities in Asset Management and Insurance.

This role is under our Global Private Banking (GPB), Arab and Emirati Clients business. The job holder will be responsible for contributing to the growth and expansion of the client base in the MENA region. This role requires intensive and well-established networking skills with a deep understanding of the private banking sector and the ability to cultivate and develop strong relationships with Ultra and high-net-worth individuals and families.

In this role, you will:

1. Manage and develop a client’s portfolio, participate in the Team’s organization, and ensure appropriate administrative support.
2. Provide full-service banking and all transactions to high-net-worth individual clients through marketing all appropriate company services.
3. Grow revenue, increase AUM of the portfolio, and increase inflows of net new money (NNM), achieving growth by leveraging brand, channels, and RM network.
4. Establish new relationships and manage existing ones to generate new AUM and revenue.
5. Cooperate with platform managers to clear pending items, improve quality, and resolve problems.
6. Ensure client objectives are met through appropriate product selection within the client portfolio.
7. Understand, follow, and demonstrate compliance with all relevant internal and external rules, regulations, and procedures applicable to the conduct of the business.