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Open nowPosted 93 days ago

Assistant Relationship Manager

Rak Bank49 open roles

Where
United Arab Emirates
Work mode
On site
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Your applicationOpen nowAssistant Relationship ManagerRak Bank · United Arab Emirates
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The clock on this job

Early applications get read.

12.7% of postings close within 7 days. Measured by our own scanner across the market. Rak Bank postings stay open a median of 11 days.

Share of postings closed within
  1. 2.2%1 day
  2. 4.5%3 days
  3. 12.7%7 days
  4. 20.4%14 days
  5. 35.6%30 days
  6. 58.7%60 days
This job: posted 93 days ago

Rak Bank median: 11 days open

The posting

Job Description

What You’ll Be Doing:

Relationship & Client Management

  • Support Relationship Managers in maintaining and developing client relationships.
  • Respond to client enquiries and coordinate with internal departments to ensure timely resolution.
  • Identify potential business opportunities within the existing portfolio.
  • Assist in cross-sell initiatives and customer engagement activities.

Credit & Portfolio Management

  • Prepare credit proposals, credit memos, amendments, revalidations, extensions, and related documentation.
  • Support industry and financial analysis for credit assessment purposes.
  • Monitor portfolio documentation and ensure covenant compliance.
  • Assist in portfolio reviews and ongoing credit monitoring.

Transaction & Operational Support

  • Support transactional requirements including trade finance, term loans, remittances, and other lending facilities.
  • Coordinate disbursements and documentation with Operations, Trade Finance, and related teams.
  • Assist with account opening, profile updates, digital banking applications, authorization letters, and balance confirmations.
  • Ensure smooth execution of day-to-day banking requirements for clients.

Stakeholder Coordination

  • Liaise with Risk, Credit, Treasury, Legal, Operations, Compliance, and other internal stakeholders.
  • Coordinate requests and documentation requirements to facilitate efficient turnaround times.
  • Consolidate and submit reports to relevant departments when required.

Compliance & Governance

  • Conduct required customer and credit-related checks including AECB and other internal verification processes.
  • Ensure adherence to AML, KYC, regulatory requirements, and internal policies.
  • Support audit readiness and maintain accurate client and portfolio records.
  • Ensure all activities comply with the Bank's governance and risk management frameworks.

What We’re Looking For:

Education:

  • Bachelor’s Degree in a relevant discipline.
  • MBA, CA, or CFA qualification would be an advantage.

Experience:

  • Minimum 4 years of experience in Business Banking, Commercial Banking, Corporate Banking, or a similar role.
  • Experience supporting relationship management and credit-related activities.

Industry Exposure:

  • Sound understanding of commercial banking products and services.
  • Exposure to credit analysis, financial statement analysis, and portfolio management.
  • Knowledge of local banking regulations, AML requirements, and Central Bank guidelines.

What’s In It For You:

  • Competitive, performance-linked compensation.
  • Medical coverage for you and your family.
  • Comprehensive life insurance.
  • Exposure to a diverse commercial client portfolio.
  • Opportunities for professional development and career progression.
  • Collaborative and high-performance work environment.

Skills:

  • Financial Analysis: Strong understanding of financial statements, ratio analysis, and forecasting.
  • Credit Management: Experience in credit proposal preparation and portfolio administration.
  • Customer Focus: Ability to provide responsive and professional client service.
  • Stakeholder Management: Strong coordination skills across multiple internal functions.
  • Regulatory Knowledge: Understanding of AML, KYC, compliance requirements, and local banking practices.
  • Technical Skills: Proficient in MS Office and banking systems with strong attention to detail.
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