Job Description

Hello, Have an Opening for Wealth Advisor with Leading Bank. Location: OMAN Kindly acknowledge on same to proceed ahead.

Job Purpose To enhance the relationship value of the customers and to acquire new customers by providing customer-oriented wealth management solutions, through an established process. Key Tasks and Duties Undertakes ownership and full accountability for sales volumes and profitability within assigned area of business. Develops new business relationships with HNWI and institutions. Manage all aspects of account management, including responding to client enquiries, periodic review of portfolios, making recommendations and acting as the primary contact for the client base Build and manage the Product and Advisory function within the Wealth / Private Banking domain Provide advisory support to the RMs Work with AMCs to set up Wealth Product Distribution Develop Structured Products with third party providers and work with internal and external stakeholders in obtaining the required approvals for distribution Help build passive income streams (Trail fee and NII) Collaborate with the other functions within the bank and help create policies (especially related to Operational Risk and Governance) Performance Scorecards and Content Creation for Senior Management Attain established individual, department and Bank goals through active participation in sales management and officer call programs. Tracks and analyses trends and makes recommends to senior management. Provide a superior level of customer relations and service Maintains a list of allocated accounts. Provides superior advice and a high level of customer service to all potential and current clients. Assesses the individual clients needs and tolerance to risk and offer the optimal product solutions. Ensures that all client accounts are monitored and maintained. Screens client accounts to establish adequate diversification subject to client agreement. Generates reports on an ongoing basis. Represent the business in review of business by the Fiduciary committee [provide updates on the portfolio, review risk and ensuring compliance of internal and external policies on sale of investment products at all times] Follow all audit and compliance procedures and adhere to bank policies & procedure Design asset allocation plan for investment portfolios with the bank. Plan client events with various fund houses and AMC's to increase client engagement Set up a product road map that will be mapped to the revenue target Introduce a beat plan to cover client meetings with the RM's; morning market update with RM's Design Product Risk matrix that will be in line with client risk profile Design a revenue model across investment products like Bonds, Mutual Funds & notes to generate NFI in line with the market. Generate footings growth by generating NTB Clients through various models like referrals. Design a strategy to map existing deposit Sadara clients to Investments thereby increasing the AUM Establishing contracts with AMC's to extend product offerings on Leverage & increase product offerings like direct equity investment and real estate investments in Global markets. Schedule regular meetings with the regulators (CBO) to establish good rapport for the bank. Train the RMs on investment products and support them to get them certified through CISI. Qualifications Graduate with a degree in Banking, Finance or a related subject. CFA or CISI qualification would be an added advantage If interested in relocation, kindly revert with your updated resume, on [HIDDEN TEXT] mentioning the below details. Current Salary - Notice period - Current Location -

Full time