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Job Overview
Are you an ambitious sales professional looking to advance your career in the UAE’s thriving banking sector? Business Development Manager Jobs in Dubai are currently in high demand, and Mashreq Bank is seeking top talent to join their Direct Sales Team (DST).
This is a prime opportunity for driven individuals to work with one of the UAE’s leading financial institutions, offering a dynamic work environment and excellent earning potential through incentives and salary packages.
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Job Title: Business Development Manager – Loan DST (Direct Sales Team)
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Company: Mashreq Bank
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Location: Dubai (DXB), United Arab Emirates
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Employment Type: Full-Time
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Department: Retail Banking Group (RBG)
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Experience Level: Mid-Senior Level
About Mashreq Bank
Mashreq Bank is one of the UAE’s best-performing banks, with a legacy spanning over 50 years. Known for its “Rise Every Day” philosophy, the bank prides itself on being a digital-first innovator in the financial sector.
Mashreq offers a diverse and dynamic culture where employees are encouraged to challenge the status quo. With a strong presence across the Middle East and international financial hubs, joining Mashreq means becoming part of a forward-thinking team that values integrity, customer obsession, and continuous growth.
Other Available Jobs at Mashreq
If you are looking for more than just Business Development Manager Jobs in Dubai, Mashreq Bank is currently hiring for several related positions. Increasing your application reach can boost your chances of landing a role.
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Senior Personal Banker – Loan DST (Retail Banking Group)
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Business Development Officer – SME Sales (Corporate Banking)
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Relationship Banker (Wealth & Personal Banking)
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Assistant Relationship Manager (Mortgage & Housing Loans)
Job Description
The Business Development Manager – Loan DST is a critical role within the Retail Banking Group. The primary purpose of this position is to drive the sales of personal banking products, specifically loans and credit facilities, to retail customers in Dubai.
You will act as the face of the bank, managing the end-to-end sales cycle—from prospecting new clients to closing deals and maintaining long-term relationships. This role is ideal for a “hunter” personality type: someone who thrives on meeting targets, networking in the market, and maximizing cross-selling opportunities.
Key Responsibilities
To succeed in this role, you must be proactive and disciplined. The daily duties for this Business Development Manager job include:
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Sales Target Achievement: Meet and exceed monthly sales targets for personal loans and other banking financial products.
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Prospecting & Sourcing: Identify and pursue new business opportunities through cold calling, face-to-face meetings, and market research within targeted segments.
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Relationship Management: Maintain strong, professional relationships with existing clients to ensure high retention rates and encourage repeat business.
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Cross-Selling: Actively identify opportunities to cross-sell other bank products (credit cards, insurance, accounts) to maximize customer value.
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Compliance & Quality: Ensure strict adherence to the bank’s policies, including Know Your Customer (KYC), Anti-Money Laundering (AML), and FATCA regulations.
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Documentation: Ensure all customer applications are submitted with zero errors and within the required Turnaround Time (TAT).
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Reporting: Update the CRM system daily with leads, contacts, and sales activities to ensure accurate performance tracking.
Why Apply for This Role?
Banking Jobs in UAE are highly competitive, but they offer some of the best career rewards in the region. Here is why you should consider this specific role at Mashreq:
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Lucrative Earning Potential: Apart from a competitive tax-free salary, sales roles at Mashreq typically come with an attractive commission structure based on performance.
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Career Growth: High performers in the Direct Sales Team (DST) often progress to Senior Relationship Manager roles or move into Wealth Management and Corporate Banking.
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World-Class Training: Gain access to Mashreq’s industry-leading training programs to sharpen your financial knowledge and sales skills.
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Brand Reputation: Working for a top-tier bank like Mashreq adds significant value to your CV, opening doors across the GCC financial market.
Requirements & Eligibility
To qualify for Business Development Manager Jobs in Dubai, candidates must meet specific criteria. Mashreq Bank looks for professionals who are “market-ready.”
Essential Qualifications:
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Education: Bachelor’s Degree in Business, Finance, Marketing, or a related discipline.
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Experience: Minimum 3+ years of banking sales experience is typically required. Experience in the UAE market is a major advantage.
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Product Knowledge: Strong understanding of Retail Banking products (Personal Loans, Credit Cards, Auto Loans) and credit policies.
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Skills: Excellent negotiation, communication, and presentation skills. You must be fluent in English (Arabic is an added advantage).
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Personality: Resilient, target-oriented, and able to work under pressure in a fast-paced environment.
Visa & Documentation:
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Candidates must have valid identification and be willing to undergo background checks.
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A valid UAE Driving License is often preferred for sales roles requiring client visits.
How to Apply
Ready to take the next step in your career? Applying for Business Development Manager Jobs in Dubai at Mashreq is simple but requires prompt action.
Pro Tip: Apply immediately! Banking roles in Dubai are filled on a “first-come, first-served” basis.
[Click Here to Visit Mashreq Careers Portal]
Frequently Asked Questions (FAQs)
1. What is the salary for a Business Development Manager at Mashreq Bank? Salaries for sales roles in UAE banking vary based on experience. Typically, they include a fixed basic salary plus uncapped commissions based on achieving sales targets.
2. Do I need UAE banking experience to apply? While UAE experience is highly preferred due to local market knowledge, exceptional candidates with strong banking sales experience from their home countries are often considered.
3. Is this an office-based or field-based job? This is primarily a field-sales role. You will be expected to meet clients outside the office, visit companies, and attend market events to source business.
4. What is the “Loan DST” mentioned in the job title? DST stands for “Direct Sales Team.” This unit focuses on proactive selling, where the banker actively seeks out customers rather than waiting for branch walk-ins.
5. How long does the hiring process take? The recruitment process for Mashreq Bank careers usually takes 2–4 weeks, involving an initial screening, HR interview, and a final interview with the Line Manager.