Head - Wealth management

Michael Page; United Arab Emirates; On-site; AED 200,000 - 300,000; Full time

Job summary

A leading financial institution in the UAE is seeking a strategic leader for their Wealth Management division. This position offers a unique opportunity to develop a comprehensive wealth management proposition, focusing on driving market share, ensuring compliance, and leading a high-performance team. Ideal candidates will have significant experience in wealth management and a strong understanding of regulatory environments.

Qualifications

• 10-15 years of experience in wealth management.
• In-depth understanding of global financial industry.
• Knowledge of UAE regulatory requirements.

Responsibilities

• Develop and implement wealth management proposition for UAE.
• Drive sales and ensure high standards of customer service.
• Lead training and coaching for wealth management team.

Skills

Sales Strategy

Customer Service Excellence

Regulatory Compliance

Team Leadership

Stakeholder Management

Education

Postgraduate Qualification

Job description

This role leads the Wealth Management division in the UAE, focusing on developing and implementing the value proposition to drive market share and profitability. It requires ensuring robust sales, service, and regulatory compliance, alongside effective team training and stakeholder management. Client Details The client is a prominent financial institution with a strong international presence, including extensive operations in the UAE. They offer a comprehensive range of banking services, including a dedicated Wealth Management division focused on providing tailored financial solutions to their clientele. Description * Develop and Implement Wealth Management Proposition: Create and execute the entire wealth management offering for the UAE market, ensuring alignment with target segments and risk parameters. * Drive Sales and Service Excellence: Lead efforts to achieve business targets through effective sales strategies, a strong sales force system, and maintaining high standards of customer service. * Ensure Governance, Compliance, and Regulatory Adherence: Oversee strict adherence to internal policies, successful audits, and all regulatory requirements set by UAE authorities. * Lead Training and Coaching Initiatives: Continuously train and develop the wealth management team and branch staff, focusing on product knowledge, customer needs, and certification. * Manage Key Stakeholders and Programs: Foster strong relationships with internal and external stakeholders, and manage the end-to-end life-cycle of the wealth management program, ensuring timely execution of deliverable. Job Offer * Strategic Leadership Opportunity: This role offers the chance to develop and implement the entire Wealth Management proposition for the UAE, providing significant influence and impact on the bank's growth in a key market. * High-Impact and Growth Potential: The position involves driving increased market share and profitability, along with continuous team development and stakeholder engagement, making it ideal for a candidate seeking a challenging role with clear growth metrics.

* Possesses over 10-15 years of extensive experience in wealth management, coupled with a postgraduate qualification (preferred). * Demonstrates in-depth understanding of the global financial industry and technical expertise in UAE markets. * Highly knowledgeable about regulatory requirements across various jurisdictions pertaining to wealth management. * Proven ability to develop and execute strategic wealth management propositions that drive market share and profitability. * A strong leader capable of training and coaching teams, ensuring governance and compliance, and managing key stakeholders effectively.