Investment Advisor | Manager. P
ENBD Private Banking
Department Description:
To provide the private banking business with effective and knowledgeable input into client prospecting and account servicing The role is specifically to work with the CIO Office and Relationship Managers to build assets under management and generate recurring revenues in the discretionary and non discretionary businesses Candidates will be working with RMs to inform clients of investment opportunities assess and align client risk profiles with appropriate investments and then report to clients on a regular basis the performance of those investments The IA is also needed to report back to the CIO office on how client investment profiles are changing This also a management role the NRI IA team may be up to four individuals
Brief Description: To provide the private banking business with effective and knowledgeable input into client prospecting and account servicing The role is specifically to work with the CIO Office and Relationship Managers to build assets under management and generate recurring revenues in the discretionary and nondiscretionary businesses Candidates will be working with RMs to inform clients of investment opportunities assess and align client risk profiles with appropriate investments and then report to clients on a regular basis the performance of those investments The IA is also needed to report back to the CIO office on how client investment profiles are changing This also a management role the NRI IA team may be up to four individuals
Detailed Description: Investment Advisors sit between Relationship Managers and the Investments Team IAs need to have the qualities of investment professionalstechnical and portfolio knowledge and of Relationship Managersclient management This makes the role pivotal to building the investments business either through adding to AUM through new investment monies or through converting deposit funding into investments Investment Advisors have three basic roles 1 RM education of new products from the Investment Team and market intelligence 2 managing but not running discretionary portfoliosie opening riskprofiling documentation and reporting and 3 nondiscretionary advisory work making recommendations of products and investment ideas both to RMs and at client meetings IAs are both the representatives of the Investment Team and the RMs This role is crucial for developing products that are aligned with appetite This role reports to the Chief Investment Strategist until the CIO is appointed Its primary focus is growing the amount of investments AUM
Job Requirements: 1Investment Advisory
Provide specialist investment advice and support services to Relationship ManagersRM and advisory clients Investment advice covers single namesequity fixed income and FXcommodities in addition to real estate structured products and direct investments Assist RMs with understanding new products by running tutorials
2Client Account Management
Prepares CIPs and IPSs for RMs monitor performances of sales by asset class assists RMs with identification of product suitability and displays broad execution skills and helps RMs to build on existing and prospective relationships
3Performance analysis and reporting
In conjunction with Asset Allocation Advent team in the UAE prepare written client reports for the discretionary accounts quarterly
Additional Details: 1Products and Services Possesses indepth knowledge of the products and services associated charges fees legal provisions and their delivery process Able to act as a source of guidance for interpreting or clarifying the features and pricing structure Able to make suggestion for improving the products services
2Market and Industry Possesses indepth knowledge of the various dimensions of the market industry Extensive experience in investment and products with a sound knowledge of equity and bond market unit trusts and other personal investment services Able to apply this understanding in business analysis and planning
3Numeracy Ability to compute numerical data by performing complex calculations using methods such as ratios percentages and trend analysis
4 Specialist Expertise and Investment Theory Possesses specialist knowledge and skills required for providing solutions in a variety of situations at a tactical or operational level Has a solid understanding of the bedrock financial theory
5Understand procedures for Securities Dealing Forex trades via Treasury dealerswithin delegations
Qualifications 1Excellent PC spreadsheet skills competent user of Bloomberg Reuters Factset Morning Star software
2 Excellent knowledge of investment theory
3 Investment analysis and research skills
4 Investment operations
1 Able to delegate monitor and provide constructive criticism effectively Demonstrates team leadership skills
2 Experience in training and coaching colleagues
1 Demonstrate excellent interpersonal skills communication skills Selfmotivator who is keen to upgrade and improve personal knowledge and skill to meet the job requirement
2 Action Orientation Spots opportunities and is quick to respond to them Identifies and acts on issues which might cause a problem to the business in the near future Refers any unresolved problems upward for resolution
3 Analytical Thinking Takes a
