RAK Bank
Assistant Relationship Manager
🇦🇪 UAE, UAE🏢 On-site
Business BankingCredit AnalysisRelationship ManagementAMLKYCFinancial Analysis
At a Glance
- Category
- 🏦 Finance & Banking
- Level
- Mid-Level
- Experience
- 4+ years
- Type
- Full-time
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🏥Medical
RAK Bank
1000-5000 employees
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.
Requirements
- •Bachelor’s Degree in a relevant discipline
- •Minimum 4 years of experience in Business Banking, Commercial Banking, or Corporate Banking
- •Experience supporting relationship management and credit-related activities
- •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
Nice to Have
- •MBA qualification
- •CA qualification
- •CFA qualification
Responsibilities
- •Support Relationship Managers in maintaining and developing client relationships
- •Respond to client enquiries and coordinate with internal departments
- •Identify potential business opportunities and assist in cross-sell initiatives
- •Prepare credit proposals, credit memos, amendments, and related documentation
- •Support industry and financial analysis for credit assessment
- •Monitor portfolio documentation and ensure covenant compliance
- •Support transactional requirements including trade finance, term loans, and remittances
- •Conduct customer and credit-related checks including AECB and internal verification
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Stand Out
- Get to the top of RAK Bank's applicant pile
- Get AI-rewritten bullet points
- Download Gulf-ready CV
60 seconds. $5.88 one-time.
Benefits Package
🏠Housing
✈️Flights
🏥Medical
🎓Education
🚗Transport
💰Gratuity
🎯Bonus
📦Relocation
GCC Info
Company
RAK Bank
1000-5000 employees
RAK Bank is a leading public joint stock bank headquartered in Ras Al Khaimah, UAE. It offers a comprehensive range of retail, corporate, and investment banking solutions across the UAE.
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