Assistant Manager, Wealth And Investment Product

Job description / Role

Operating in the UAE for over 50 years

CBD manages the financial requirements of some of the largest corporates and businesses operating in the country, driving the UAE economy. Over the years, CBD has transformed into a progressive and modern banking institution winning multiple awards for its digital initiatives, credit cards, bank accounts, mobile app features and services.

CBD has been recognized as the number one bank in the UAE on the Forbes list of The World’s Best Banks 2022.

As we continue to build upon our successes, we are looking for ambitious individuals who are passionate about the banking and finance industry and the markets in which CBD operates. Just as important to us is your ability to demonstrate a talent for dealing with people - your colleagues and our customers and delivering service that really goes the extra mile.

Job purpose:

To support the management and enhancement of the Bank’s wealth and investment product proposition by assisting in product lifecycle management, product governance, performance monitoring, MIS reporting, and sales enablement across Wealth Management. The role works closely with product, sales, advisory, compliance, risk, operations, and technology teams to help implement competitive, compliant, and client-focused investment solutions that support revenue growth, portfolio sustainability, and improved client value.

Principal accountabilities:

• Assist in managing the lifecycle of wealth and investment products, including mutual funds, fixed income products, structured notes, alternative investments, FX products, deposits, and other approved investment offerings.
• Support the preparation, maintenance, and periodic update of product programmes, policies, Standard Operating Procedures, Key Facts Statements, and related product documentation.
• Coordinate with internal stakeholders and external product providers to support product approvals, launches, reviews, and ongoing product management activities.
• Generate and analyse product performance metrics, AUM trends, revenue contribution, client feedback, market data, and sales performance to support continuous improvement and profitability.
• Prepare regular MIS reports, dashboards, product performance packs, and business insights for Wealth Management leadership and relevant stakeholders.
• Support sales and relationship management teams with product information, training materials, market updates, campaign support, and sales enablement tools.
• Monitor market trends, competitor offerings, and client needs to identify opportunities for enhancing the Bank’s wealth and investment product proposition.
• Ensure product activities are conducted in line with suitability, risk profiling, disclosure, documentation, conduct risk, regulatory, and internal governance requirements.
• Liaise with technology and relevant business units to improve reporting automation, portfolio monitoring, and product management processes.
• Maintain product records, approval documents, review notes, governance trackers, and other relevant documentation in line with internal standards.

About the Company

In 1969, when we at Commercial Bank of Dubai started out little did we know that sheer grit and determination would get us where we are today. An Emiri Decree issued by His Highness the Late Sheikh Rashid Bin Saeed Al Maktoum, the founder of modern Dubai, laid the cornerstone of Commercial Bank of Dubai. We started out as a joint venture of Commerzbank, Chase Manhattan Bank and Commercial Bank of Kuwait. A minority stake was held by a few UAE businessmen.

By 1982, little more than a decade later, we evolved into a National Public Shareholding company. A feat complimented by an exponential increase in the capital base and mammoth restructuring of our operations. The feather in the cap came when the Government of Dubai became a key shareholder.

Over the decades, we have transformed ourselves into a progressive and modern banking institution. We are supported by a sturdy financial base and reigned by a strong and stable management. The proof of which lies with our customers who have stood by us over the years.