Heilsa Recruitment Ltd

Private Banker

Posted: 5 days ago

Job Description

Contract: Full-time, PermanentWork-mode: On-siteLocation: Dubai, United Arab EmiratesSalary: Up to 540,000 AED per annum + bonus based on performance.Our client is a leading international financial institution providing bespoke private banking and wealth management services to high-net-worth (HNW) and ultra-high-net-worth (UHNW) clients across global markets. The firm offers an exceptional platform for relationship managers and senior private bankers to deliver tailored investment, credit, and wealth planning solutions within a dynamic, client-centric environment.This is an exciting opportunity for an experienced Private Banker to manage, develop, and grow a portfolio of private clients and entities in Dubai. The successful candidate will lead with advice, delivering comprehensive financial and investment strategies while maintaining long-term, commercially rewarding relationships.The role focuses on building and nurturing high-value client relationships through discretionary portfolio management, self-directed investments, lending solutions, and holistic wealth planning.ResponsibilitiesManage a portfolio of HNW and UHNW clients, providing holistic advice across banking, investments, wealth planning, and credit solutionsDevelop, retain, and grow client relationships through proactive engagement, tailored advice, and strategic financial planningDeliver an exceptional client experience while ensuring all activities align with internal compliance, risk management, and regulatory frameworksConduct annual client suitability reviews and risk assessments in accordance with the firm’s policies and regulatory standardsIdentify cross-selling opportunities across the group’s full range of services, including discretionary investment management, lending, and custody solutionsDemonstrate proactive business development, expanding the client base through introductions, referrals, and networking within target marketsMaintain a deep understanding of global markets, cross-border wealth structures, and tax-efficient investment strategiesCollaborate with internal teams, including portfolio management, compliance, and credit departments, to deliver seamless client serviceContribute to the firm’s growth targets by achieving personal financial objectives and supporting the wider business strategyMentor and support junior bankers or team members, sharing expertise and best practicesRequirementsExtensive experience in private banking or wealth management, managing HNW/UHNW clientsProven ability to build and manage a book of high-value client relationshipsStrong knowledge of financial markets, discretionary portfolio management, lending solutions, and cross-border wealth planningDemonstrated success in business development and achieving revenue growth targetsExperience working within regulated jurisdictions, with a strong understanding of compliance and risk frameworksExcellent communication, interpersonal, and client presentation skillsProven leadership capabilities or experience mentoring private banking teamsLevel 6 Investment Qualification (e.g., CISI Chartered Wealth Manager, CII Advanced Diploma in Financial Planning, or equivalent)CeMAP qualification (UK Mortgage Advisor) – desirableActive Statement of Professional Standing (SPS) and ongoing CPD in line with regulatory requirementsChartered status (or commitment to achieving it) will be considered an advantageBenefitsAnnual performance bonus tied to company targetsOpportunity to work in one of the world’s leading financial hubs – DubaiExposure to global markets, with a diverse and high-value client baseCollaborative and high-performance environment with international career development opportunities

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