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Director / Associate Director – External Asset Management

Peergrowth
Dubai, UAE
Full-time
Mid-Senior
Onsite
Discovered 2 weeks ago
Wealth managementPrivate bankingExternal asset managementHigh-net-worth and ultra-high-net-worth client relationshipsPortable assets under managementClient portfolio management
Free

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Wealth managementPrivate bankingExternal asset management
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Position Overview

A DIFC-based external asset management platform is seeking Director and Associate Director-level wealth management professionals.

The opportunity targets seasoned bankers from regional and international bank wealth management or private banking divisions.

The successful candidate will manage, retain, and grow a portable book of HNW and UHNW client relationships.

Position level and compensation will align with AUM size, client relationships, track record, and contribution to platform growth.

Seniority Requirements

  • Associate Director candidates should have 7–10 years of wealth management or private banking experience within a regional or international bank.
  • Associate Director candidates should have experience managing USD 20M–35M in portable AUM.
  • Director candidates should have 10+ years of wealth management or private banking experience.
  • Director candidates should have managed and retained USD 35M–50M+ in portable AUM.
  • Director candidates may build and lead a team as the platform grows.

Key Responsibilities

  • Manage and grow HNW and UHNW client relationships.
  • Develop trusted relationships through a consultative and advisory-led approach.
  • Acquire new business and increase assets under management.
  • Provide tailored wealth management solutions aligned with client objectives and investment goals.
  • Convert suitable relationships into EAM-managed mandates while following employment, non-solicitation, and regulatory obligations.
  • Collaborate with investment, advisory, and operational teams.
  • Contribute independently to the growth of the DIFC platform.

Ideal Candidate Profile

  • Current experience in a relationship management role at a regional bank, international bank, private bank, or wealth management institution is sought.
  • Candidates should manage a client book with USD 20M–50M+ in AUM.
  • Candidates should have a strong network of HNW and UHNW clients with credible, transferable relationships.
  • Candidates should demonstrate client retention and AUM growth over the last 3–5 years.
  • Candidates should understand wealth management products, investment solutions, and advisory models.

Strongly Preferred Experience

  • Prior exposure to external asset management, multi-family office, or independent advisory models is strongly preferred.
  • Experience with discretionary portfolio management, advisory solutions, structured products, or alternative investments is strongly preferred.
  • An entrepreneurial mindset and commercially driven portfolio management experience are strongly preferred.
  • Business development, negotiation, communication, and relationship management skills are strongly preferred.

Opportunity Highlights

  • Join a DIFC-based external asset management platform with an established institutional presence.
  • Gain greater independence and ownership than in traditional banking roles.
  • Receive an incentive structure linked to AUM growth and performance.
  • Build a long-term wealth management franchise with progression from Associate Director to Director based on contribution.

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