Description

Job Description

About ENBD

Emirates NBD is a market leader across the MENAT (Middle East, North Africa and Türkiye) region with a presence in 13 countries, serving over 9 million customers. Emirates NBD is the leading financial services brand in the UAE with a Brand value of approximately USD 4 billion. We serve our customers and help them realise their financial objectives through a range of banking products and services including retail banking, corporate & institutional banking, Islamic banking, investment banking, private banking, asset management, global markets and treasury, and brokerage operations. We are a key participant in the global digital banking industry, with 97% of all financial transactions and requests conducted outside of our branches. We also operate Liv, the lifestyle digital bank by Emirates NBD. With over half a million users, it continues to be the fastest-growing digital bank in the region.

Job Overview:

As an Associate Director in Private Banking at Emirates NBD, your role has mainly Revenue generating responsibilities. The Associate Director typically manages a portfolio (AUM / CASA / FD) of USD 100 million -350 million generating USD 1.5 million to USD 4 million Total Revenue (NFI & NII).

Key Responsibilities:

• Contribute to the growth of the Private Bank
  • NNM (own book): USD 40 million to USD 75 million p.a.
  • Total Revenue (own book): Depending on the size of the total book this can vary between USD 1 million and 3 million
• Increase the Assets Book
  • Target to increase the assets book (Lombard Lending / Other Loans), by USD 5 million - 20 million annually.
• Grow the Net Interest Income:
  • Target to Generate Net Interest income from the Existing and New clients. Targets depend on the Book size.
• Wealth, FX and Other Fee revenue:
  • Targets to generate Wealth, FX and other fee revenue. The Director typically generates USD 0.5 million to 1 million.

Skills and Experience

• MBA in Finance or Bachelor's degree
• CFA or equivalent financial services qualifications
• Min. 10 years of relevant experience in Financial Services
• Min. 5 years of experience in Middle Eastern markets
• Strong knowledge about most of all assets & liabilities products as well as capital markets, portfolio management and investment products
• Full understanding of Compliance, Due Diligence and Anti-Money Laundering Acts as well as standard banking procedures
• General understanding of legal structures (Offshore, Trusts)

There's never been a better time to join Emirates NBD.

We're one of the region's most recognizable brands. We're banking innovation leaders. We're growing across both the UAE and our global offices. We offer a huge range of professional development opportunities to accelerate your career. It also goes without saying that we provide extremely competitive rewards, benefits and perks too, like our flexible work policy so you can work from home whenever it suits.

At ENBD, we encourage interested candidates to review the key responsibilities and qualifications for each role and apply for positions that match their skills and capabilities.

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