Create investment solutions for the Bank's 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 bank's regulatory framework and as per client's 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.
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
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.
Professional /Post Graduate in Finance, accounting or related discipline
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.
AGE- UPTO 38 YEARS MAX
GENDER- ONLY MALE