Assistant wealth advisor

ahlibank SAOG; Muscat; On-site; OMR 15,000 - 21,000; Full time

Job summary

ahlibank SAOG in Muscat, Oman, seeks an experienced Wealth Management professional to develop and execute strategies for ABO clients, promoting investment products and driving cross-sell opportunities to increase AUM and sustainable fee income.

The role focuses on building strong relationships with high-net-worth clients, delivering personalized investment advice, and ensuring strict compliance with regulatory standards while advancing process improvements and digital solutions.

Qualifications

• Bachelor’s degree in Finance, Economics, Business, or a related field is required.
• Minimum 5 years’ experience in Wealth Management.
• Experience in selling insurance products is an added advantage.
• Catering to HNWI.
• Deep knowledge in asset classes (Mutual funds/Fixed Income/ETF/etc).

Responsibilities

• Develop and execute Wealth Management strategy for ABO clients.
• Promote new Wealth Management products and investment instruments.
• Drive wealth penetration and grow Assets Under Management (AUM).
• Build long-term relationships with high-net-worth clients.
• Apply a disciplined sales process to prospect, analyze needs, present solutions, and close.
• Deliver personalized advice and timely response to client queries.
• Demonstrate strong knowledge of Wealth Management products, markets and instruments.
• Ensure compliance with regulatory and risk management policies.
• Document client meetings and sales activities for reporting.
• Drive process innovation and digitalization when needed.
• Governance and adherence to bank policies.

Skills

Wealth Management

Relationship Building

Sales & Cross-Selling

Client Advisory

Education

Bachelor’s degree in Finance, Economics, Business, or a related field

Job description

Muscat, Sultanate of Oman

The purpose of this role is to develop the Wealth Managementbusiness by increasing wealth penetration within the existing portfolio,propose new tie up with investment vendors that will result in increasinggenerated fee income, marketing vendors, increase AUM, and enhancing theoverall quality of service & performance of the business.

KEY RESPONSIBILITIES

Contribute to Wealth Management Strategy

• Assist in developingand executing the Wealth Management strategy for ABO clients by analyzingclient needs, market trends, and investment opportunities to align with theBank’s objectives.
• Assist inthe introduction and promotion of new Wealth Management products, services, andinvestment instruments tailored to ABO clients’ financial goals and riskappetite.
• Drive wealthpenetration within the existing client portfolio by identifying cross-sellingand up-selling opportunities, with the objective of increasing Assets UnderManagement (AUM) and generating sustainable fee income.

Market & Client Relationship Building

• Developand strengthen long-term relationships with high-net-worth clients and keymarket stakeholders to enhance the Bank’s positioning and capture new businessopportunities.

Disciplined Sales Execution

• Apply a structuredand disciplined sales process, including prospecting, needs analysis, solutionpresentation, and closing, while ensuring follow-up to maximize clientsatisfaction and business results.

High-Quality Client Service

• Deliverexceptional client experiences by providing personalized advice, proactivecommunication, and timely resolution of client queries and requests.

In-Depth Product Knowledge

• Demonstratestrong knowledge of Wealth Management products, global markets, and financialinstruments, enabling the provision of sound investment recommendations andfinancial planning advice.

Compliance & Risk Management

• Ensurestrict adherence to compliance standards, regulatory requirements, and internalrisk management policies in all client interactions and transactions.
• Maintain accurateand timely documentation of client meetings, sales calls, and businessdevelopment activities to support performance tracking and managementreporting.

Process Innovation, Automation & Digitalization

• Drivecontinuous process improvement through innovative, automated, and digitalsolutions once required

Business Control & Governance

• Ensureadherence to the bank's policies, regulatory requirements, and industrystandards in all operational activities
• Continually update oneself through knowledge acquisition, on-the-job training,or project involvement; advocate and support others to do the same.

Requirements

• A Bachelor’s degree in Finance, Economics, Business, or a related field is required.
• Minimum 5 years’ experience in Wealth Management
• Experience in selling insurance products is an added advantage
• Catering to HNWI
• Deep knowledge in various asset classes (Mutual funds/Fixed Income/ETF/etc