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Senior Private Banker

Ateca
Dubai, UAE
Full Time
Senior
3 weeks ago
Wealth ManagementClient AcquisitionPortfolio ManagementInvestment AdvisoryCross border Client ManagementRelationship Building
Free

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Wealth ManagementClient AcquisitionPortfolio Management
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Overview

  • Our client is a fast growing independent private wealth platform headquartered in Dubai and Singapore.
  • The firm operates with a distinctive dual structure Financial Institution status combined with EAM flexibility which gives bankers access to products and pricing that pure External Asset Managers cannot offer.
  • Custodian relationships sit with BNY Mellon, an institutional grade backbone that supports a sophisticated UHNW client base.

The Role

  • Build, manage and grow a portable UHNW client portfolio from the Dubai office, with primary coverage of the Arab market, European book or African UHNW segment
  • Operate as a senior franchise builder within a flexible, entrepreneurial structure — bankers are expected to run their book as a business
  • Leverage the firm's FI + EAM platform to deliver investment, advisory, lending and structured solutions that pure EAMs cannot match
  • Originate net new business through your established network, leveraging BNY Mellon custodian credibility with sophisticated UHNW clients

What You'll Bring

  • Senior private banking experience with a clearly portable book and demonstrable long standing UHNW client relationships
  • Coverage of one or more of: Arab market, European UHNW, African UHNW (aspirational vertical) or Asia ex NRI (Vietnam, Indonesia, Malaysia, Thailand, China)
  • Indicative book benchmarks: Director ~$50M, Executive Director ~$80M, Managing Director $100M+ (assessed case by case alongside revenue quality and client portability)
  • Strong track record in net new asset acquisition — this is a build mandate, not a maintain mandate
  • Experience working with cross border client sets and an understanding of FI + EAM platform dynamics
  • Comfort with a flexible, entrepreneurial culture — bankers operate with autonomy and accountability rather than within a heavy bureaucratic process
  • Currently based in Dubai or willing to be permanently based in DIFC

What's on Offer

  • Competitive base salary reviewed individually against seniority and book profile
  • Performance linked payout typically in the mid 30s to around 50% of revenue generated — materially above a traditional bank's 50/50 split because there is no bank dilution layer to fund
  • BNY Mellon custodian relationship and FI status — institutional grade infrastructure with EAM style economics
  • Online private bank capability complementing the senior banker model
  • Process can move quickly for strongly aligned profiles

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