Executive Director- Securities Services- Product Development-UAE

Company Description

Join the UAE’s largest bank and one of the world’s largest and safest financial institutions. Our focus is to create value for our employees, customers, shareholders and communities to grow through differentiation, agility and innovation. We are looking for top talent and your success is our success. Accelerate your growth as you help us reach our goals and advance your career. Be ready to make your mark a top company, in an exciting & dynamic industry.

Job Description

• Take ownership and responsibilities for the product development of the Fund Administration (FA) & Middle Office (MO) and Custody products within the Securities Services business.
• Engage prospects in coordination with the Client Management Team to grow the FA, MO & Custody business.
• Seek opportunities to increase products to enhance revenue, whilst focused on cost optimization
• Work with Operations and ITD to embed new products and maintain support existing services as a technical SME
• Regionally focused SME.
• SME for Fund Administration, Middle Office & Custody.
• Work closely with the Sales Team, based in the UAE to develop FA, MO & Custody opportunities with key prospective clients.
• Provide product specialist support and information to assist new sales opportunities or assist with technical issues for existing clients.
• Manage new product launches in a formal project framework ensuring engagement with all appropriate stakeholders through to final delivery.
• Maintain strong relationships with the local regulators and lobby for change to increase efficiency of the local market.
• Guide Operations to the highest standards based on strong technical knowledge of FA, MO & Custody post-trade regulations and practices to structure
• Oversee and coordinate the local operational services with the Group Operations Hub to ensure optimal operating model. Ensure SLA’s are in place and are adhered to through administration of KPIs.
• Maintain an in-depth understanding of local industry developments, ensuring the local business adapts to comply with changing regulation and client demand, in conjunction with the Product Development team
• Handle Product responses for RFI/ RFPs
• Owner of assigned Product Programs, including managing updates, governance, and Operational Risk matters.
• Functions within the framework and boundaries of Group policies as well as overall organizational and governance frameworks;
• Authorized to take decisions as per the approved authorization matrix.
  
  

Qualifications

Minimum Qualification:

• Bachelor’s degree in finance / Business or related discipline. MBA and/or professional qualifications.
  
  

Minimum Experience

• 12+ years’ secrutities services experience in the banking sector with at least 7 years in similar positions of progressively increasing managerial responsibilities in the senior function;
• Strategic thinker and agent for change;
• Industrial sector expertise is essential;
• Sound knowledge of compliance, legal/regulatory environments;
• Proven track record of delivery against financial objectives;
• Experience in building and managing teams of senior executives and executing against agreed blue-print;
• Strong influencing and coaching skills;
• Good interpersonal, motivation, resource management & marketing-orientated skills;
• Experience of handling large size corporate accounts and winning new mandates with them;
• P&L responsibility;
  
  

English required.