Summary
Commercial Bank of Dubai (CBD) is seeking an Investment Solutions Manager for its Consumer, Elite and Private banking segments. The role involves managing investment relationships, presenting suitable investment options and portfolio information, supporting relationship managers, and contributing to fee income, sales and AUM targets. The manager will oversee investment processes and governance and support the launch and promotion of investment products, without providing direct financial advice or recommendations. Applicants should hold a graduate qualification or a business or finance-related diploma and have 7–10 years of relevant experience, with strong knowledge of capital markets, financial products and macroeconomic trends. The position is in Dubai; no salary or visa conditions are stated.
The posting
As published on cbd.ae. Pulled from the employer's site and shown as they wrote it.
Operating in the UAE for over 50 years, CBD manages the financial requirements of some of the largest corporates and businesses operating in the country, driving the UAE economy. Over the years, CBD has transformed into a progressive and modern banking institution winning multiple awards for its digital initiatives, credit cards, bank accounts, mobile app features and services.
CBD has been recognized as the number one bank in the UAE on the Forbes list of The World’s Best Banks 2022.
As we continue to build upon our successes, we are looking for ambitious individuals who are passionate about the banking and finance industry and the markets in which CBD operates. Just as important to us is your ability to demonstrate a talent for dealing with people - your colleagues and our customers - and delivering service that really goes the extra mile.
The main purpose of the role is to analyze and assess the assigned high-risk customer profiles for existing customers periodically and upon trigger events including Politically Exposed person (PEP) identification and assessment against the Bank’s internal policies and procedures and determine whether they are in line with the Bank’s risk appetite and in line with the regulations.
Job Purpose:
- The Investment Solutions Manager is responsible for identifying and presenting a range of investment options tailored to the unique needs and goals of high-net-worth individuals within the Elite and Private banking segment. This role involves market research, analysis of investment products, and the creation of comprehensive investment portfolios.
- This role ensures that clients are well-informed about their investment choices and associated risks, while adhering to the policy of not providing direct financial advice or recommendations. Investment specialists maintain and grow investment relationships with customers alongside distribution channels.
- Conduct regular one-to-one discussions with relationship managers to provide knowledge input and improve business opportunities from the existing client base.
Key Accountabilities:
- Act as an investment specialist with business development and investment relationship management responsibility, focusing on Consumer client segments.
- Maintain a clear conceptual understanding of investment business, global capital markets, and latest macro-economic trends and developments in financial markets.
- Achieve fee income, sales, and AUM targets alongside the Consumer segment coverage team
- Manage investment relationships with clients on an ongoing basis and provide regular market and portfolio updates to increase client engagement.
- Ensure full investment governance for all investment transactions.
- Product Specialist Responsibilities
- Conduct regular one-to-one investment discussions with RMs in the Consumer segment to improve business opportunities from the existing client base.
- Oversee the investment process, including strategy formulation, risk management, and performance evaluation to maintain transparency, accountability, and regulatory compliance.
- Work with and assist the product team with the launch and promotion of new investment products.
Experience & Academic Qualifications:
- Graduate, preferably in a commercially oriented discipline, or diploma in business / finance-related subjects.
- Good conceptual understanding of capital markets and the investment business.
- 7–10 years’ experience in wealth management, investment sales, private banking, or client advisory with strong grounding in consumer banking.
- Excellent understanding of global macro-economic trends, financial markets, and investment products.