Head of Wealth Management

1 week ago


مصر, Egypt Al-Ahli Bank Of Kuwait Full time

**Date**:May 28, 2024

**Location**: Patrice Le Mumba (EGY54), Egypt

**Company**:AL AHLI BANK OF KUWAIT

**Position Title**:Head of Wealth

**Reports to**:Head of Retail & Small Business Channels

**Job purpose**: Manage, promote and develop all clients relationships related to financial planning and wealth management thus recommending and analyzing all enhancements to develop and maintain effective wealth management strategy

**Key accountabilities**

**Planning**: assist in** **developing business strategies for ultra high net-worth clients for their financial planning and portfolio management based on budget, client base, products and customer trends.

**Market intelligence** Integrate wealth management marketing into the bank’s existing campaigns and plans by developing goals for market penetration and client retention through Monitoring the market and activity of competitors ensuring intelligence is used in business planning

**Client Relationship & Management**
- developing long term, in depth relationship with clients
- understanding client objectives to ensure the most efficient portfolio investment and management opportunity is applied
- ensuring clients receive superior customer service, consistent and most effective tailored management service
- Timely Delivery of services and effective communication with clients all the time

**New business**
- Obtain referrals from corporate, consumer and other sources
- Develop and implement approaches to potential clients
- Surveying the market on regular basis
- Develop ABK's presence in the market
- Ensure new business opportunities are always handled and utilized in the best way

**Sales** Ensure the client has been provided with the most efficient & tailored portfolio investment advice
- Ensure right products are sold to right customers
- Providing superior service to existing and new clients thus achieving the yearly target

**Client administration** Ensure client appropriate documentation is obtained and are always up to date

**Education**
- Bachelor’s degree in relevant discipline or equivalent experience

**Experience**:

- At least 10 years’ banking sector experience

Experience of client management and sales of high value products


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