Senior Wealth Manager / Senior Relationship Manager Location: Riyadh, Saudi Arabia Experience: 5–10+ years
A leading Saudi investment and wealth management firm is seeking an experienced Senior Wealth Manager / Relationship Manager to join its growing team in Riyadh.
The successful candidate will be responsible for managing and developing relationships with High-Net-Worth (HNW) and Ultra-High-Net-Worth (UHNW) individuals, while actively identifying opportunities to attract new clients and investment assets to the firm.
This is a highly relationship-driven role suited to an established wealth management professional with a strong, portable client network, a demonstrable history of managing significant assets, and the commercial ability to develop new relationships across Saudi Arabia and international markets.
Key Responsibilities
Manage and deepen relationships with existing HNW and UHNW clients. Develop new client relationships and identify opportunities to grow assets under management. Leverage an established network of HNW/UHNW individuals, family groups, entrepreneurs and other private clients. Attract new investment assets to the firm, subject to applicable contractual, regulatory and client-consent requirements. Provide clients with tailored investment and wealth management solutions aligned with their objectives, risk profiles and investment requirements. Advise clients across a broad range of investment products, including: Discretionary and advisory portfolio management, Investment funds, Equities, Fixed income and Sukuk, Structured and other investment solutions where appropriate Monitor client portfolios and maintain a high standard of ongoing relationship management. Work closely with investment, product, research and operations teams to deliver appropriate solutions to clients. Identify opportunities to increase wallet share and expand existing client relationships. Maintain a strong understanding of market developments, investment products and the competitive wealth management landscape. Ensure all client activity is conducted in accordance with applicable CMA regulations, internal policies and compliance requirements.
Candidate Profile
5–10+ years of relevant experience in wealth management, private banking, investment management or a closely related field. Current experience working in Saudi Arabia. A strong and established network of HNW and UHNW clients across Saudi Arabia and, ideally, international markets. A demonstrable track record of managing and/or attracting significant AUM. A portable client book and credible ability to transition or attract relationships and assets, subject to contractual and regulatory requirements. Strong business development and client acquisition capabilities. Excellent relationship management skills and the ability to build long-term trust with sophisticated private clients. Experience working for a reputable international bank, private bank, investment firm or wealth management institution is strongly preferred. Strong knowledge of investment products and wealth management solutions. Commercially driven, entrepreneurial and highly relationship-oriented. Excellent communication and interpersonal skills. Arabic language skills are advantageous but not mandatory. Candidates must hold the relevant CMA professional qualifications required to conduct Wealth Management activities in Saudi Arabia.
Competitive and flexible compensation package based on seniority, experience, existing client relationships, AUM track record and proven ability to attract new assets.
All applications are treated confidentially. Please apply with an up-to-date CV. Suitable candidates will be contacted directly.