Head of Islamic Coverage - Private Banking (Emiratized role)
Full-time Sub Division: FAB Islamic Window Division: Group Finance
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
Job Purpose
To lead and manage the Islamic private banking and KCG within the bank. This involves developing and implementing strategies to grow the business and ensuring that the team delivers excellent service and advise to clients. He is also responsible for managing budgets, developing and maintaining partnership with other departments within the bank and complying with relevant laws, regulations and policies. He should have deep understanding of Islamic finance principles and practices, as well as strong leadership and management skills.
Key Accountabilities
Developing and implementing strategies to grow the Islamic private banking division, KCG & Elite division, including identifying new business opportunities, expanding the division’s market share and building relationship with high-net-worth individuals and key clients. Overseeing the execution of financial transactions that comply with Islamic principles, including sharia compliant financing, investment and risk management techniques. Managing the financial performance of the divisions, including setting targets, monitoring progress and taking corrective action as needed. Leading and managing a team of professionals, including setting performance goals, providing mentorship and support and evaluating employee performance.
Job Specific Accountabilities
Building and maintaining relationships with key stakeholders, including clients, regulators and other financial institutions Ensuring compliance with relevant laws and regulations, including those related to Islamic Finance. Providing personalized financial services to private banking clients, including advice on sharia compliant investment and financing options. Stay up to date with industry trends and development and continually seek opportunities to improve processes and enhance the team’s skills and knowledge.
Qualifications
Minimum Qualification
Bachelor’s degree in accounting and finance.
Minimum Experience
12 years relevant experience in the banking sector with at least 5 years in similar positions of progressively increasing managerial responsibilities in the Islamic Retail and private banking.
Head of Islamic Coverage - Private Banking (Emiratized role)
Abu Dhabi, United Arab Emirates * Full-time
