At a Glance
- Tasks: Drive new client acquisition and manage relationships in the MENA region.
- Company: Leading banking institution focused on high net worth clients.
- Benefits: Competitive salary, career growth, and opportunities to network in the finance industry.
- Why this job: Join a dynamic team and make a real impact in wealth management.
- Qualifications: Fluency in Levant Arabic and proven experience in UK wealth management.
- Other info: Collaborative environment with a focus on professional development.
The predicted salary is between 36000 - 60000 £ per year.
Our Banking client is looking for a Business Development Manager Arabic speaking to join their team on a full-time permanent basis. The role will be the primary driver for acquiring New-to-Bank (NTB) High Net Worth (HNW) clients with sizeable investable assets. Expertise in acquisition and coverage of clients with a strong MENA and GCC nexus is essential.
Responsibilities include but are not limited to:
- Identify and source NTB opportunities within the Levant region (specifically Lebanon, Syria, Jordan, UAE and KSA) to expand the client base in line with the strategic plan.
- Proactively identify and secure new lending opportunities for hotel assets within the UK for MENA-based investors.
- Explore and develop opportunities for syndicated lending by collaborating with other MENA-focused financial institutions and banks based in London.
- Develop and execute commercial goals and business development strategies as approved by the Country Manager.
- Represent the Bank at industry events and networking forums to build a high-quality referral pipeline among MENA HNW/UHNW communities.
- Manage and grow existing client relationships, focusing on risk evaluation, profitability, and the efficient use of financial resources.
- Conduct regular briefings on the status of the portfolio to ensure alignment with the Banks long-term objectives.
- Drive new lending business opportunities specifically aligned with the Banks established risk appetite and criteria.
- Assist in the preparation of credit files and conduct regular reviews of the portfolio.
- Lead the account opening and KYC process, ensuring robust due diligence for clients from the Levant and MENA regions per UK Law and FCA/PRA regulations.
- Be a member of the Local Credit Committee, contributing to the assessment of credit proposals and adherence to lending policies.
- Provide input on new products and client matters that have compliance relevance.
Skills and knowledge:
- Native or professional fluency in Levant Arabic (spoken and written) is mandatory to engage effectively.
- Proven experience in the UK and wealth management.
- A good understanding of the Consumer Duty and Conduct Rules under the SM&CR framework, ensuring all business development activities prioritise positive customer outcomes and market integrity.
- Comprehensive knowledge of the UK real estate market and extensive experience with structured finance techniques as they apply to property transactions.
- Proficiency in LMA (Loan Market Association) documentation and a thorough understanding of the legal and operational frameworks for syndicated lending.
- Ability to communicate through verbal and written channels to influence and engage clients across diverse cultural and professional backgrounds.
- Awareness and understanding of the main risks of the business (Credit, Operational, and Regulatory) and the role of management mitigations.
- Strong interpersonal skills and the ability to manage teams effectively in a collaborative environment.
Business Development Manager Arabic speaking employer: Barbara Houghton
Contact Detail:
Barbara Houghton Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Development Manager Arabic speaking
✨Tip Number 1
Network like a pro! Attend industry events and forums where you can meet potential clients and other professionals in the MENA region. Building relationships is key, so don’t be shy – introduce yourself and share your expertise!
✨Tip Number 2
Leverage social media to showcase your skills and connect with others in the banking and finance sector. Share insights about the UK real estate market or lending opportunities to position yourself as a knowledgeable resource.
✨Tip Number 3
Don’t forget to follow up! After meeting someone at an event or connecting online, drop them a message to keep the conversation going. This helps solidify your relationship and keeps you top of mind for future opportunities.
✨Tip Number 4
Apply through our website! We’ve got loads of resources to help you land that Business Development Manager role. Plus, it shows you’re serious about joining our team and makes it easier for us to find your application.
We think you need these skills to ace Business Development Manager Arabic speaking
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the job description. Highlight your experience in business development, especially with MENA and GCC clients. We want to see how your skills align with what our banking client is looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for the role. Mention your fluency in Levant Arabic and any relevant experience in wealth management or real estate that makes you stand out.
Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Use numbers and specific examples to demonstrate how you've successfully acquired new clients or developed business strategies in the past. We love seeing results!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensure it gets the attention it deserves. Good luck!
How to prepare for a job interview at Barbara Houghton
✨Know Your Market
Make sure you brush up on your knowledge of the UK real estate market and the MENA region. Being able to discuss current trends, challenges, and opportunities will show that you're not just a candidate but a potential asset to the team.
✨Showcase Your Language Skills
Since fluency in Levant Arabic is a must, be prepared to demonstrate your language skills during the interview. You might be asked to conduct part of the conversation in Arabic, so practice articulating your thoughts clearly and confidently.
✨Highlight Your Networking Experience
This role involves representing the bank at industry events, so share examples of how you've successfully built relationships in the past. Discuss specific networking strategies you've used to connect with HNW clients and how you can leverage those skills for this position.
✨Understand Compliance and Risk Management
Familiarise yourself with the Consumer Duty and Conduct Rules under the SM&CR framework. Be ready to discuss how you prioritise compliance and risk evaluation in your business development activities, as this will be crucial for the role.