Go Back  British Expats > Living & Moving Abroad > Middle East > ME Job Discussions
Reload this Page >

Help -- NBAD Role in Abu Dhabi

Help -- NBAD Role in Abu Dhabi

Old Dec 17th 2013, 4:58 pm
  #1  
Just Joined
Thread Starter
 
Joined: Dec 2013
Posts: 7
habla20 is an unknown quantity at this point
Default Help -- NBAD Role in Abu Dhabi

Hi everyone,

Apologies if this has been discussed in the past. Need some help urgently. I'm looking at a role at NBAD as an executive director and was wondering if anyone has worked there or knows people who do.

My specific question is in relation to what salary range to expect in this sort of position including allowances (as in, what are the high and low bookends for this kind of position)? Also, is it true that bonuses are very small at the local banks?

Finally, while promotions are of course totally dependent on performance, is it possible to move through the ranks at a decent pace at the local banks?

Thanks a lot for your help!

Habla
habla20 is offline  
Old Dec 18th 2013, 11:18 am
  #2  
Just Joined
 
Joined: Dec 2013
Posts: 3
rrasul is an unknown quantity at this point
Default Re: Help -- NBAD Role in Abu Dhabi

Hi,

I currently hold an offer from NBAD also. A good guide is the following:

http://www.roberthalf.ae/EMEA/Dubai/...Guide-2013.pdf

http://www.morganmckinley.com/sites/...e2013Final.pdf

In terms of the company and people, I have heard mostly good from several friends close to and inside the company.

The company seems to be expanding aggressively and has hired a new CEO, Alex Thursby. Bonuses can vary significantly and depend on your role exactly.

About moving up the ranks, I am hoping for the same and have been assured that the firm is growing and I would grow with it, however, I am aware this can be difficult and could depend, again, on many factors. Coming from a top tier investment bank in London, where the process is clearly defined and a path is clearly visible, I am not expecting the same but am hoping it is so. In either case, your career is what you make it and I intend to work hard, gain international experience and master my arabic, skills that will certainly add value over the long run.
rrasul is offline  
Old Dec 18th 2013, 1:53 pm
  #3  
Just Joined
Thread Starter
 
Joined: Dec 2013
Posts: 7
habla20 is an unknown quantity at this point
Default Re: Help -- NBAD Role in Abu Dhabi

Rrasul, thanks for your response. Much appreciated. Will try to send you a PM (not sure if I can yet).
habla20 is offline  
Old Dec 18th 2013, 5:01 pm
  #4  
Just Joined
 
Joined: Dec 2013
Posts: 3
rrasul is an unknown quantity at this point
Default Re: Help -- NBAD Role in Abu Dhabi

Sure, feel free to PM me. After this reply, both of us newbies will have 3 posts and can therefore send and receive PMs.
rrasul is offline  
Old Dec 18th 2013, 6:03 pm
  #5  
Lost in BE Cyberspace
 
Joined: Jul 2007
Posts: 13,553
The Dean has a reputation beyond reputeThe Dean has a reputation beyond reputeThe Dean has a reputation beyond reputeThe Dean has a reputation beyond reputeThe Dean has a reputation beyond reputeThe Dean has a reputation beyond reputeThe Dean has a reputation beyond reputeThe Dean has a reputation beyond reputeThe Dean has a reputation beyond reputeThe Dean has a reputation beyond reputeThe Dean has a reputation beyond repute
Default Re: Help -- NBAD Role in Abu Dhabi

Originally Posted by habla20 View Post
Hi everyone,

Apologies if this has been discussed in the past. Need some help urgently. I'm looking at a role at NBAD as an executive director and was wondering if anyone has worked there or knows people who do.

My specific question is in relation to what salary range to expect in this sort of position including allowances (as in, what are the high and low bookends for this kind of position)? Also, is it true that bonuses are very small at the local banks?

Finally, while promotions are of course totally dependent on performance, is it possible to move through the ranks at a decent pace at the local banks?

Thanks a lot for your help!

Habla
Bonuses in customer-facing or market-facing roles can be huge there (more than a whole year's salary in some cases). Thursby not making many friends though - a lot of good people have been asked to leave........
The Dean is offline  
Old Dec 18th 2013, 6:51 pm
  #6  
Just Joined
Thread Starter
 
Joined: Dec 2013
Posts: 7
habla20 is an unknown quantity at this point
Default Re: Help -- NBAD Role in Abu Dhabi

Thanks for the reply. Do you have an approx view on what's considered a 'good' salary for a front office banker just below Managing Director level in Abu Dhabi (incl. all allowances)?
Thanks
habla20 is offline  
Old May 19th 2014, 11:01 am
  #7  
Just Joined
 
Joined: Apr 2014
Posts: 19
tala7726 is an unknown quantity at this point
Default Re: Help -- NBAD Role in Abu Dhabi

Originally Posted by habla20 View Post
Thanks for the reply. Do you have an approx view on what's considered a 'good' salary for a front office banker just below Managing Director level in Abu Dhabi (incl. all allowances)?
Thanks
Hi Habla,
Hope you're doing well.
Any idea on what is Associate Director level at NBAD and the salary to expect ?
Did you join the bank and hows the working environment ?
tala7726 is offline  
Old May 19th 2014, 11:01 am
  #8  
Just Joined
 
Joined: Apr 2014
Posts: 19
tala7726 is an unknown quantity at this point
Default Re: Help -- NBAD Role in Abu Dhabi

Originally Posted by rrasul View Post
Hi,

I currently hold an offer from NBAD also. A good guide is the following:

http://www.roberthalf.ae/EMEA/Dubai/...Guide-2013.pdf

http://www.morganmckinley.com/sites/...e2013Final.pdf

In terms of the company and people, I have heard mostly good from several friends close to and inside the company.

The company seems to be expanding aggressively and has hired a new CEO, Alex Thursby. Bonuses can vary significantly and depend on your role exactly.

About moving up the ranks, I am hoping for the same and have been assured that the firm is growing and I would grow with it, however, I am aware this can be difficult and could depend, again, on many factors. Coming from a top tier investment bank in London, where the process is clearly defined and a path is clearly visible, I am not expecting the same but am hoping it is so. In either case, your career is what you make it and I intend to work hard, gain international experience and master my arabic, skills that will certainly add value over the long run.
Any idea on what is Associate Director level at NBAD and the salary to expect ?
Did you join the bank and hows the working environment ?
tala7726 is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Do Not Sell My Personal Information -

Copyright © 2021 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.