Commercial Bank of Dubai
Private Banking Manager
- Permanent
- Dubai, United Arab Emirates
- Experience 5 - 10 yrs
Job overview
Date posted
07/07/2025
Location
Dubai, United Arab Emirates
Salary
Undisclosed
Compensation
Comprehensive package
Experience
5 - 10 yrs
Seniority
Manager
Qualification
Bachelors degree
Expiration date
21/08/2025
Job description
The Private Banking Manager is responsible for managing and advising a portfolio of Ultra High Net Worth clients by delivering tailored financial solutions and maintaining the highest standards of client service. The role involves devising and executing a comprehensive business plan to meet sales and service targets, evaluating client financial data and investment goals to recommend suitable strategies, and ensuring swift resolution of all client issues. Key functions include interdepartmental coordination, compliance with Basel II and AML regulations, and providing monthly portfolio reports. The manager must maintain meticulous documentation, ensure full adherence to risk policies, and align investment advice with the bank’s investment approach. A minimum of 9–10 years' experience in retail banking with at least 5 years in private banking in the UAE is required, along with a degree in Economics, Finance, or Business Management and CISI/SCA qualification or equivalent.
Required skills
Key responsibilities
- Devise and implement an annual business plan to meet financial targets
- Achieve monthly sales and service objectives
- Build, maintain, and expand Ultra High Net Worth client relationships
- Evaluate client financial data and recommend investment strategies
- Provide high-quality service and ensure prompt resolution of client issues
- Generate and submit monthly client portfolio reports to management
- Coordinate with departments to obtain leads and support client servicing
- Liaise with Legal to verify customer contracts
- Ensure timely documentation and compliance with all required standards
- Follow Basel II and Anti-Money Laundering guidelines
- Provide investment recommendations aligned with the bank’s strategy
Experience & skills
- Bachelor’s Degree in Economics, Finance, or Business Management
- CISI or SCA qualification or equivalent
- 9–10 years of experience in retail banking
- Minimum 5 years of experience in private banking in the UAE