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Business Development Manager - Job Opportunity at Abu Dhabi Islamic Bank (ADIB)

Abu Dhabi, United Arab Emirates
Full-time
Mid-level
Posted: January 27, 2025
On-site
AED 25,000 - 35,000 per month (USD 81,000 - 114,000 per year)

Benefits

Competitive Islamic banking sector compensation package
Career development in Islamic finance
Professional growth opportunities in a leading financial institution
Exposure to high-value corporate relationships

Key Responsibilities

Lead strategic business development initiatives for wholesale and retail banking products
Drive revenue growth through new client acquisition and portfolio expansion
Manage end-to-end contract processes and client relationships
Conduct market research and competitive analysis
Develop and execute cross-selling strategies
Create tailored Islamic banking solutions for corporate clients

Requirements

Education

Bachelor's degree in business administration or related field

Experience

3-5 years as Business Development Manager or similar role

Required Skills

Deep understanding of Islamic banking industry Strong communication and negotiation skills Leadership abilities Problem-solving capabilities Proficiency in MS Office Suite Data analysis and reporting Market research expertise Client relationship management English language proficiency Arabic language (advantage)

Certifications

Islamic finance certifications (preferred)
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Sauge AI Market Intelligence

Industry Trends

Islamic banking sector in UAE is experiencing rapid digital transformation and innovation in product offerings Increasing focus on corporate banking relationships as UAE positions itself as a global Islamic finance hub Growing demand for Shariah-compliant investment and financing solutions in the region

Role Significance

Typically leads a team of 3-5 direct reports while coordinating with multiple departments including Wholesale Banking, Retail, and Customer Excellence
Mid to senior-level position with significant impact on bank's revenue growth and market penetration

Key Projects

Corporate portfolio expansion initiatives Cross-selling programs development Product penetration strategies Market expansion campaigns

Success Factors

Deep understanding of Islamic banking principles and products Strong network within UAE corporate sector Ability to balance Shariah compliance with business objectives Excellence in relationship management and trust building

Market Demand

High demand with strong growth trajectory due to UAE's position as an Islamic finance center and increasing corporate adoption of Islamic banking services

Important Skills

Critical Skills

Islamic finance expertise for developing Shariah-compliant solutions Strategic thinking for market expansion Relationship management for high-value corporate clients Cross-functional leadership abilities

Beneficial Skills

Digital banking knowledge Process optimization expertise Product development experience Risk assessment capabilities

Unique Aspects

Role combines Islamic banking expertise with modern business development approaches
Strategic position at intersection of corporate and retail banking
Opportunity to shape Islamic banking products and services

Career Growth

2-4 years in role before advancement, depending on performance and market conditions

Potential Next Roles

Head of Business Development Regional Sales Director Islamic Banking Product Head Corporate Banking Director

Company Overview

Abu Dhabi Islamic Bank (ADIB)

ADIB is one of UAE's leading Islamic financial institutions with a strong focus on innovation and digital transformation

Among top 3 Islamic banks in UAE with significant market share in both retail and corporate banking
Strong presence in UAE with expanding international operations
Professional environment with emphasis on Islamic values and principles, promoting innovation while maintaining traditional banking strengths
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Job Listings Data

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  • Salary estimates and market demand analysis
  • Role significance and career growth potential
  • Critical success factors and key skills
  • Unique aspects of each position

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