Peergrowth

Director / Associate Director – External Asset Management

Peergrowth  •  Dubai, AE (Onsite)  •  1 hour ago
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Job Description

Director / Associate Director – External Asset Management (Wealth Management)

Location: Dubai International Financial Centre (DIFC), UAE

Industry: Wealth Management / External Asset Management

  • Our client, a DIFC-based External Asset Management (EAM) platform, is seeking experienced Director and Associate Director-level Wealth Management professionals to expand its wealth management franchise.
  • This is a strategic talent acquisition opportunity targeting seasoned bankers currently working within regional and international banks' wealth management and private banking divisions
  • The ideal candidate will have a proven track record of managing, retaining, and growing a portable client book of HNW/UHNW relationships
  • This opportunity is designed for relationship managers who already have commercial ownership of their client portfolio and are looking to transition into a more independent platform with greater autonomy, ownership, and upside potential.
  • Position level and compensation will be aligned with the candidate's AUM size, client relationships, track record, and ability to contribute to platform growth

Seniority Requirements

Associate Director

  • 7–10 years of experience in Wealth Management / Private Banking within a regional or international bank.
  • Proven experience managing a client portfolio with USD 20M–35M in portable AUM
  • Ability to independently manage and grow client relationships while contributing to the wider platform.

Director

  • 10+ years of experience in Wealth Management / Private Banking.
  • Demonstrated track record of standalone client ownership and commercial portfolio management.
  • Proven ability to manage and retain USD 35M–50M+ in portable AUM
  • Potential to build and lead a team as the platform continues to grow.

Key Responsibilities

  • Manage and grow relationships with High-Net-Worth (HNW) and Ultra-High-Net-Worth (UHNW) clients.
  • Develop trusted client relationships through a consultative and advisory-led wealth management approach.
  • Drive new business acquisition and increase Assets Under Management (AUM).
  • Provide tailored wealth management solutions aligned with client objectives and investment goals.
  • Convert suitable client relationships into EAM-managed mandates while adhering to employment, non-solicitation, and regulatory obligations.
  • Collaborate with investment, advisory, and operational teams to deliver comprehensive wealth solutions.
  • Operate with a high degree of independence while contributing to the growth of the DIFC platform.

Ideal Candidate Profile

  • Currently working within a regional bank, international bank, private bank, or wealth management institution in a relationship management role.
  • Proven ability to manage a client book with USD 20M–50M+ in AUM
  • Strong network of HNW/UHNW clients with credible and transferable relationships.
  • Demonstrated client retention and AUM growth over the last 3–5 years.
  • Strong understanding of wealth management products, investment solutions, and advisory models.
  • Ability to demonstrate ownership of client relationships beyond institution-led mandates.

Strongly Preferred Experience

  • Prior exposure to External Asset Management (EAM), Multi-Family Office, or independent advisory models.
  • Experience across discretionary portfolio management, advisory solutions, structured products, and alternative investments.
  • Entrepreneurial mindset with experience managing a commercially driven client portfolio.
  • Strong business development, negotiation, communication, and relationship management skills.
  • Proven ability to operate independently and build long-term client partnerships.

Opportunity Highlights

  • Join a DIFC-based External Asset Management platform with an established institutional presence.
  • Greater independence and ownership compared to traditional banking roles.
  • Attractive incentive structure with meaningful upside linked to AUM growth and performance.
  • Opportunity to build a long-term wealth management franchise.
  • Clear career progression from Associate Director to Director based on portfolio growth and contribution.
Peergrowth

About Peergrowth

We are a trusted management consulting firm with a key focus on Search and Advisory solutions. Our purpose is to engage with leading organizations and support their human capital needs. We understand the challenges that our clients face while filling a vacancy and our candidates who seem unsure about the next best opportunity. We exist to humanize the entire process and transform it into a long standing relationship.

We believe people are the most vital element of an organization hence we instill a knowledge driven approach to our work and an open mind to connect with professionals globally. We are a trusted partner to our clients at all times and in exchange get to do some well-recognized work consistently.

With our head and heart at the right place we love doing this business. We are recognized by the quality of our placements and ability to offer customized solutions to our clients. With an intent to become a catalyst of change in the human resources industry, we strive day after day to deliver better results and make this business more people oriented.

Industry
HR & Recruiting
Company Size
11-50 employees
Headquarters
, AE
Year Founded
2017
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