RAKBANK, also known as the National Bank of Ras Al-Khaimah, is a Public Joint Stock Company based in the United Arab Emirates (UAE). It was founded in 1976 and is one of the oldest banks in the UAE. The Bank operates within retail and corporate banking, offering a range of services including personal and business banking, credit cards, loans, investment services, and wealth management

In the recent years, the Bank has achieved significant milestones which includes being named as one of the world's best banks by Forbes ME (2022) and was awarded UAE's SME Bank of the year by the Asian Banking and Finance Awards. The Bank has been successful in achieving the highest profitability and lowest cost of risk since 2015. It has also seen significant growth in its acquiring business, card spending, and business loans

Being on a transformational journey, in partnership with Honeywell, RAKBANK has also taken steps towards sustainability by reducing its overall energy consumption

We are a diverse team comprising of over 3,000 employees from across 58 countries. We make conscious efforts to build talented and diversified teams and encourage people to develop their full potential. We are committed to providing a working environment that promotes work-life balance, career development, recognition and security for the future

In line with our strategy, a major part of our transformation journey is to future proof our bank and establish ourselves as a ‘Digital bank with human touch’, for our customers

So, join us in co-creating the future of RAKBANK.

We are current hiring for Business Development Manager- BB Elite where you will be responsible to drive new Elite Business Banking acquisitions, ensuring sales targets are met within risk and policy guidelines. Manage and grow client portfolios, delivering exceptional service and strengthening relationships. Effectively cross-sell banking products, maintaining compliance with ethical and regulatory standards

• To identify, market and book new liability/ transaction Elite Business accounts along with ensuring robust portfolio growth.
• To collaborate closely with other units and support functions within the bank to maximize cross sell opportunities.
• To meet the financial targets within the acceptable risk standards.
• To ensure that clients conform to the Bank’s compliance criteria.
• To ensure that processes/controls are adhered as per the Bank’s guidelines.
• Carry out all tasks ensuring all activities are completed within timescales and with a high degree of accuracy, whilst providing excellent service to customers and adhering to all appropriate processes and procedures.
• Always comply with the Staff Code of Conduct to ensure a positive image of the Bank is presented to all customers.
• Ensure that the business is booked as per guidelines and due diligence is carried out with respect to money laundering and other regulatory requirements.
• Ensure compliance with policy, procedures, standards and reporting requirements, plus any relevant regulatory and statutory requirements.
• Handle service requirements of all clients within the team to ensure client expectations are met through coordination with respective service /back-office teams.
• Ensure all SAS and Correspondent Bank queries are resolved in a timely manner as per department TAT.

• Bachelor’s Degree or equivalent for Expats and Higher Degree Diploma or equivalent qualifications for Nationals (MBA preferred).
• Minimum 5 years’ experience in Business Banking Liabilities, Wealth Management Relationship Management
• In-depth knowledge of target market and their requirement to assist and guide team to acquire and maintain quality and profitable relationships.
• HNWI Relationship Management skills and good working knowledge of banking products.

What’s In It for You

• Pay for performance culture (Competitive and performance-linked compensation)
• Diverse workforce and inclusive culture
• Career development and growth opportunities by design
• Work with the best minds in the field
• Get opportunities to bring your whole self to the organization and perform to your best.