- Job description:
-Create investment solutions for the Banks UHNW/HNW clients based on well defined client needs and market segments, the characteristics of which reflect the attributes of such products/propositions.
-Build and grow the offering suite for bank muscat Private Banking by proactively identifying and on boarding new investment ideas and by maintaining a suite of recommendation lists and products for the sales teams.
-Negotiating, finalizing and building effective revenue streams (both upfront and annuity ) for the offering suite, to generate fee income for attainment of business goals
-Act as subject matter expert, provide product knowledge and support to the sales team, raising awareness and understanding of the proposition and new product launches
-Work with clients and RMs to structure optimum investment solutions within banks regulatory framework and as per clients risk appetite.
Structuring and Documentation
-Interpret financial data, financial condition and level of risk related to various types of investment products
-Conduct effective and detailed due diligence on various investment products as well as product providers with a view to arrive at solutions that mitigate regulatory and business risks associated with any offering of the products by bank muscat, as per internal processes and guidelines.
-Ensuring all product related documentation as per process and introducing checks /controls if required.
-Ensuring all product related documentation as per process and introducing checks /controls if required.
Monitoring and review
-Regular reviews of client portfolios and informing relationship managers / clients of any portfolio re allocation to be done , in case of changing market conditions
-Regular interaction with market experts to be updated on performance of past products and prevailing market conditions
-Regular reviews of client portfolios and informing relationship managers / clients of any portfolio re allocation to be done , in case of changing market conditions
-Regular interaction with market experts to be updated on performance of past products and prevailing market conditions
-Providing regular product updates, strategic and tactical product recommendations and actionable intelligence to all relevant product stakeholders
-Provide analytical support for generating required product/ client reports from Wealth Management system
Information and reporting
-Provide portfolio analysis and support regulatory reporting as needed
-Identify & implement opportunities for improved business operations, partnerships and client satisfaction
-Contribute to the development of plans, processes, systems and procedures to improve the overall functioning of the unit.
-Provide analytical support for generating required product/ client reports from Wealth Management system
Information and reporting
-Provide portfolio analysis and support regulatory reporting as needed
-Identify & implement opportunities for improved business operations, partnerships and client satisfaction
-Contribute to the development of plans, processes, systems and procedures to improve the overall functioning of the unit.
Qualification -Professional /Post Graduate in Finance, accounting or related discipline
Experience Required
-5-7 years of investment / private banking experience with 3+ years of experience on product management experience for high net-worth and ultra high net-worth clients.
-Demonstrated skill in ability to ideate structure and select ideal investment solutions for UHNW/HNW clients.
-Experience on investment advisory / research will be an added advantage
-Working knowledge of applicable Bank products and services.
-Excellent problem-solving skills and good process -facilitating
-Detail oriented, and good organizational, interpersonal, communication, and writing skills.
-5-7 years of investment / private banking experience with 3+ years of experience on product management experience for high net-worth and ultra high net-worth clients.
-Demonstrated skill in ability to ideate structure and select ideal investment solutions for UHNW/HNW clients.
-Experience on investment advisory / research will be an added advantage
-Working knowledge of applicable Bank products and services.
-Excellent problem-solving skills and good process -facilitating
-Detail oriented, and good organizational, interpersonal, communication, and writing skills.
Location -Oman
Salary- Best in Industry
Pls mail your cv at: Sandeep@careermarshal.com
Pls mail your cv at: Sandeep@careermarshal.com
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