We are now recruiting for an Account Manager. You will be directly reporting to the Cluster Manager.
Organization Unit Purpose
Priority Banking manages affluent customer relationships, providing a full range of products and services to meet their needs. Priority Banking is a unit within the Retail Banking divisions and manages 350K wealth customers.
Job Purpose The incumbent will be responsible for Acquisition of new client relationship for this segment, Maintenance and growth of existing client relationship, Meeting Revenue targets for Assets , Liabilities, Investments and Insurance business, Achieve high level of service standards and maximize client satisfaction and Compliance with UAE Central Bank and anti-money laundering regulations.
Main Task
- To act as main point of contact for PRB customers, leveraging designated CSRs effectively for basic banking transactions and service requirements.
- To initiate, develop and retain client relationships, while contributing actively to the business development goals of the unit
- To be engaged in client acquisition activities, presenting to clients, closing deals, managing and developing client accounts.
- Understand when to bring in Product Specialist when specialized advice is needed, ensuring clients are provided with the best quality advice at every interaction
- Responsible for account opening, initial relationship building and managing the early customer lifecycle for New To Bank customers.
- To be conversant with full range of Priority Banking products and services, to be competent in discussing Priority Banking offering to all clients, including basic banking products and services, lending products, financial advisory and asset management services. To act as an effective “trusted advisor” in the delivery of these services to his/her clients ensuring the optimum financial solution is delivered to clients at all times.
- To proactive contact customers in portfolio in order to capture higher share of wallet by cross-selling products and marketing new products and services.
- To be fully aware of all policies relating to operational risk, sales processes, anti-mis-selling, etc and comply with the same.
- To be responsible for ensuring up-to date compliance, KYC and client profile for each client as well as maintaining high level of each client and explaining appropriate products and services to meet client requirements.
- To safeguard the reputation of the bank by employing best practices and acting in a professional manner at all times.
- To document all meetings and contribute to the reporting processes established in the unit
- To have full awareness of all policies and procedures issued in relation to money laundering prevention and KYC.
- To comply with the above policies on an ongoing basis and report any suspicious transaction immediately to the supervising manager(s).
- Accountable for regular monitoring of client satisfaction and service quality levels by ensuring that client expectations are consistently met and exceeded
- To cross sell and refer business to other areas of the bank (e.g. Private Banking, Corporate Banking etc.)
- To keep abreast of market trends, customer preferences and new products, as well as to regularly monitor activity by key competitors
- To adopt an open and effective communication style and to be a strong team player that can benefit of the overall team/unit
- To continuously strive for self-development and improvement by identifying training/coaching need and communicating them in a timely manner to the Unit manager as appropriate.
Skills Education: - University Degree in Business or Finance/MBA degree will be more preferable
Experiences:
- 1-3 years in a sales role in the Financial Services/Banking industry
- Experience across a wide range of Banking areas e.g. Retail and wealth management
- Excellent communication and presentation skills, Interpersonal skills are essential for this role
Knowledge & Skills
- English, while knowledge of regional languages is of advantage
Behavioral Competencies
- Supervisory ability and experience; effective communication skills both orally and in writing
Person Profile:
- 24 years old and above
- Bilingual
Job Details Job Location Dubai, United Arab Emirates
Company Industry
Employment Placement Agencies/Recruiting
Company Type
Employer (Private Sector)
Job Role Sales
Employment Type
Full Time Employee
Monthly Salary Range
Unspecified
Number of Vacancies
Unspecified
Job Ref.
JB3829621
Preferred Candidate
Career Level
Mid Career
This job is posted in the following Specialties:
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Job Title Account Manager
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