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Vice President – Structured Products and FX, Wealth Management

Job in Dubai, Dubai, UAE/Dubai
Listing for: RAKBANK
Full Time position
Listed on 2026-03-06
Job specializations:
  • Finance & Banking
    Risk Manager/Analyst
Salary/Wage Range or Industry Benchmark: 120000 - 200000 AED Yearly AED 120000.00 200000.00 YEAR
Job Description & How to Apply Below

The VP – Structured Products and FX, Wealth Management is responsible for developing, launching, and managing a commercially viable suite of structured products (SPs) and FX solutions for the Wealth Management, Elite and Affluent segments. You will own the full product lifecycle — from ideation and structuring with treasury/investment banking partners to pricing, risk management (including Greeks), documentation, launch and lifecycle management — while ensuring regulatory and operational compliance.

This role reports to the SVP & Head of Investment Products and is based in Dubai, UAE.

What You’ll Be Doing:
  • Define and execute the SP & FX product strategy and development roadmap.
  • Partner closely with Treasury, Investment Banking traders, and third-party providers to structure and commercialize SPs and FX solutions.
  • Lead ideation-to-launch initiatives and manage product lifecycle activities, including pricing, risk monitoring and hedging strategies.
  • Build and maintain robust operational processes, documentation and governance to mitigate suitability, operational and regulatory risks.
  • Monitor market trends and competitor activity to identify opportunities for innovation and product enhancements.
  • Collaborate with distribution teams to create go-to-market and promotional strategies that drive adoption and revenue.
  • Establish KPIs and performance tracking for the SP & FX offering; analyze data and client feedback to inform product decisions.
  • Ensure compliance with internal policies, industry standards and regulatory requirements.
  • Develop strategic partnerships and foster strong cross-functional relationships across the bank.
  • Drive continuous improvement to enhance client experience and operational efficiency.
What We’re Looking For:
  • Bachelor’s degree in Finance, Business, or related field; CFA preferred.
  • 10+ years’ hands‑on experience in structured products and FX derivatives covering structuring, derivatives trading, options strategies, pricing and risk management (Greeks).
  • Proven track record in developing and managing SP and FX solutions for wealth or private banking clients.
  • Strong knowledge of financial markets, investment strategies, regulatory frameworks and operational risk controls.
  • Excellent analytical, strategic thinking and decision‑making skills.
  • Strong communication and stakeholder management skills; ability to influence senior stakeholders and build partnerships.
  • Experience with product documentation, suitability/appropriateness frameworks and launch governance.
What You’ll Gain:
  • Competitive compensation and performance‑based incentives
  • Medical coverage for you and your family
  • Exposure to strategic, high‑impact wealth management initiatives
  • Collaborative, supportive workplace and opportunities for career growth and professional development
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