Job description

RAKBANK is seeking a Senior Vice President & Head of Commercial Banking - Assets to lead its commercial banking division across the UAE. This senior executive role carries full P&L accountability and is responsible for driving strategic growth, managing client relationships, and delivering customized financial solutions to mid-sized and small corporate clients. Reporting directly to the EVP and Head of Business Banking – Assets, the role oversees client acquisition, portfolio management, and risk governance, ensuring that all activities align with the bank’s broader strategic objectives. The Head of Commercial Banking will develop and execute strategies to expand market share across trade, working capital, and real estate financing segments while ensuring prudent credit risk management and regulatory compliance. Key responsibilities include setting clear business targets, mentoring relationship managers and analysts, fostering a client-centric culture, and implementing digital transformation initiatives to enhance operational efficiency. The incumbent will also monitor portfolio health, oversee credit renewals, drive cross-sell strategies, and represent the division in strategic committees and forums. This role requires exceptional financial acumen, deep knowledge of UAE’s banking and regulatory environment, and a proven ability to deliver sustained growth within a competitive commercial banking landscape. The ideal candidate will bring at least 10–12 years of experience in corporate or SME banking, with a minimum of 5 years in leadership roles, demonstrating strong strategic thinking, credit expertise, and people leadership skills.