Summary
RAKBANK is hiring an Assistant Relationship Manager for its corporate office in Dubai. The role supports Relationship Managers with client relationships, portfolio development, credit proposals and ongoing credit monitoring, as well as banking transactions and account administration. It also coordinates with internal teams and supports compliance with AML, KYC, regulatory and internal requirements. Applicants need a relevant bachelor’s degree and at least 4 years of relevant banking experience; MBA, CA or CFA qualifications are an advantage.
The posting
As published on rakbank.ae. Pulled from the employer's site and shown as they wrote it.
What You’ll Be Doing:
Relationship & Client Management
- Support Relationship Managers in maintaining and developing client relationships.
- Respond to client enquiries and coordinate with internal departments to ensure timely resolution.
- Identify potential business opportunities within the existing portfolio.
- Assist in cross-sell initiatives and customer engagement activities.
Credit & Portfolio Management
- Prepare credit proposals, credit memos, amendments, revalidations, extensions, and related documentation.
- Support industry and financial analysis for credit assessment purposes.
- Monitor portfolio documentation and ensure covenant compliance.
- Assist in portfolio reviews and ongoing credit monitoring.
Transaction & Operational Support
- Support transactional requirements including trade finance, term loans, remittances, and other lending facilities.
- Coordinate disbursements and documentation with Operations, Trade Finance, and related teams.
- Assist with account opening, profile updates, digital banking applications, authorization letters, and balance confirmations.
- Ensure smooth execution of day-to-day banking requirements for clients.
Stakeholder Coordination
- Liaise with Risk, Credit, Treasury, Legal, Operations, Compliance, and other internal stakeholders.
- Coordinate requests and documentation requirements to facilitate efficient turnaround times.
- Consolidate and submit reports to relevant departments when required.
Compliance & Governance
- Conduct required customer and credit-related checks including AECB and other internal verification processes.
- Ensure adherence to AML, KYC, regulatory requirements, and internal policies.
- Support audit readiness and maintain accurate client and portfolio records.
- Ensure all activities comply with the Bank's governance and risk management frameworks.
What We’re Looking For:
Education:
- Bachelor’s Degree in a relevant discipline.
- MBA, CA, or CFA qualification would be an advantage.
Experience:
- Minimum 4 years of experience in Business Banking, Commercial Banking, Corporate Banking, or a similar role.
- Experience supporting relationship management and credit-related activities.
Industry Exposure:
- Sound understanding of commercial banking products and services.
- Exposure to credit analysis, financial statement analysis, and portfolio management.
- Knowledge of local banking regulations, AML requirements, and Central Bank guidelines.
What’s In It For You:
- Competitive, performance-linked compensation.
- Medical coverage for you and your family.
- Comprehensive life insurance.
- Exposure to a diverse commercial client portfolio.
- Opportunities for professional development and career progression.
- Collaborative and high-performance work environment.
Skills:
- Financial Analysis: Strong understanding of financial statements, ratio analysis, and forecasting.
- Credit Management: Experience in credit proposal preparation and portfolio administration.
- Customer Focus: Ability to provide responsive and professional client service.
- Stakeholder Management: Strong coordination skills across multiple internal functions.
- Regulatory Knowledge: Understanding of AML, KYC, compliance requirements, and local banking practices.
- Technical Skills: Proficient in MS Office and banking systems with strong attention to detail.