Senior Relationship Manager - Private Banking in Muscat

"Tawteen" is seeking to fill the position of Senior Relationship Manager within its Private Banking team in Muscat, Sultanate of Oman. This role represents a pivotal leadership opportunity in the specialized financial services sector, targeting seasoned professionals with extensive experience in handling High-Net-Worth Individuals (HNWIs) and delivering sophisticated banking and investment solutions.

Job Description & Responsibilities

The Senior Relationship Manager will hold a strategic position as the primary officer responsible for building, managing, and enhancing relationships with a distinguished clientele in the private banking segment. The focus will be on understanding clients' complex financial needs and designing and implementing comprehensive financial strategies that meet their long-term objectives.

Key responsibilities include:

• Managing a portfolio of relationships with High-Net-Worth Individuals (HNWIs) and established family groups.
• Developing deep, sustainable client relationships built on trust and specialized advisory.
• Analyzing clients' financial situations and goals to provide tailored investment and financial recommendations.
• Designing and delivering holistic banking solutions encompassing investment management, financial planning, credit, and international banking services.
• Working closely with internal specialist teams (such as investment experts, tax planners, and wealth structuring lawyers) to provide an integrated service.
• Identifying new business opportunities and expanding the client base through professional networks and referrals.
• Ensuring full compliance with local and international regulatory requirements and the bank's internal policies.
• Monitoring the performance of clients' investment portfolios, providing periodic reports and adjustment recommendations.

Requirements & Qualifications

This role is designed for professionals with a proven track record and demonstrated achievements in private banking or wealth management.

Required Qualifications & Experience:

• A Bachelor's degree in a relevant field such as Finance, Business, Economics, or Accounting. Advanced qualifications (MBA, CFA, CFP certifications) are a significant competitive advantage.
• A minimum of 7 to 10 years of practical experience in private banking or HNWI wealth management, with a proven success record in managing a profitable relationship portfolio.
• Deep knowledge of private banking products, financial markets, investment instruments, and tax/estate planning structures.
• Strong understanding of the regulatory framework governing the Omani and GCC banking sector.
• An existing professional network within the Omani or GCC market is considered a key asset.

Personal & Professional Skills:

• Exceptional communication and negotiation skills at the highest professional level.
• The ability to build trust and maintain the highest standards of confidentiality and integrity.
• A strong client-service orientation and problem-solving aptitude for complex situations.
• Excellent analytical skills and the ability to interpret financial data.
• The capability to work independently as well as part of a multidisciplinary team.
• Proficiency in written and spoken English. Knowledge of Arabic is an important additional advantage.

Work Location & Benefits

The workplace is Muscat, the capital of the Sultanate of Oman, a major financial and commercial hub in the region. Oman offers a stable and attractive environment for international professionals and families.

This position at "Tawteen" offers a stimulating and competitive work environment with a compensation and benefits package commensurate with the leadership level of the role. This is expected to include a competitive salary, performance-based incentives, and comprehensive health and insurance benefits.

How to Apply

Applications for this position are to be submitted via the Naukrigulf online platform, the source that advertised this opportunity. Interested candidates who meet the above criteria should prepare a professional, up-to-date CV tailored specifically to this field, highlighting tangible achievements in relationship management and portfolio growth. Please ensure contact information and professional details are accurately included.

Given the competitive nature of such roles in private banking, it is advisable to apply at the earliest opportunity after confirming that all essential requirements are met.