Head of Commercial Banking

Kuwait City, Al Kuwayt Mackenzie Jones

Posted 26 days ago

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Job Description

Head of Commercial Banking

Mackenzie Jones

Al Kuwait, Kuwait

Posted In 5/10/2013

Job Description

This bank's Commercial Banking department provides SME clients with competitive financial products and solutions across a number of markets. Commercial Banking jobs are driven by a national network of relationship managers, product specialists, and client service representatives situated in local communities throughout the country.

  1. Strategic planning and implementation of commercial banking business unit growth
  2. Ensuring that the business is profitable, and that the systems & infrastructure are in place to enable efficient operations
  3. Strategic plans are in place to continue the solid growth of the commercial banking team within the region
  4. Managing the outputs of the BU's across the region and ensuring that continuity with current clients and further growth within the business is achieved
  5. Leadership of the commercial team utilizing the necessary communication medium within the organization
  6. Direct control of expected outcomes from reporting managers
  7. Overview and understanding of the commercial status
  8. Working closely with the internal teams to deliver to the overall goals
  9. Manage the Department efficiently so that performance goals and objectives are achieved
  10. Identify and resolve any performance issues
  11. Promote awareness and ensure adherence to all policies & procedures
  12. Formulate strategies for the future of his/her own field of work
  13. Indicate market, sector, and technological trends and developments for the coming years
  14. Propose and/or implement innovative ideas to enhance business results
  15. Liaise with key operational functions to ensure client service delivery to agreed benchmarks
Job Requirements

Experience: Min: 8 Years

Career Level: Junior

Job Type: Full Time

Vacancies: 1 Open Position

Salary: Negotiable

Gender: Any

Degree Level: Bachelor's degree

Major: Finance

Languages: English - Native / Mother Tongue

Job Skills

The Person:

  • Degree in Economics, Finance or Business Management from a suitably recognized institution
  • Minimum of 8 years experience in Corporate Banking
  • Sound understanding of all corporate products
  • Excellent communication skills in English, both verbally and in writing

Candidates must:

  • Be Western educated
  • Have English as their native language
About The Company

Mackenzie Jones Middle East has decades of HR, Marketing, Finance & Accounting, Sales, Secretarial & Business Support, Management Consulting and Engineering recruitment expertise. Along with a deep understanding of key market sectors and regions, we never forget to treat clients, companies and candidates as individuals who have unique needs.

So we always listen, constantly learn, occasionally challenge and frequently advise. It’s all part of a service renowned for its courtesy, consideration, and dedication. Based in Dubai since 2006, our office covers the GCC and Levant countries and with the right regional expertise, we are the leading specialists.

We’re growing rapidly because people appreciate our honesty, commitment, and results.

Areas of specialties we recruit for are: Human Resources, Finance & Accounting, Marketing, Sales, Secretarial & Business Support, Executive Search, Banking & Financial Services, Management Consulting, and Engineering.

Company Industry

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Head of Commercial Banking

Kuwait City, Al Kuwayt Mackenzie Jones

Posted 26 days ago

Job Viewed

Tap Again To Close

Job Description

Head of Commercial Banking Mackenzie Jones Al Kuwait, Kuwait Posted In

5/10/2013 Job Description This bank's Commercial Banking department provides SME clients with competitive financial products and solutions across a number of markets. Commercial Banking jobs are driven by a national network of relationship managers, product specialists, and client service representatives situated in local communities throughout the country. Strategic planning and implementation of commercial banking business unit growth Ensuring that the business is profitable, and that the systems & infrastructure are in place to enable efficient operations Strategic plans are in place to continue the solid growth of the commercial banking team within the region Managing the outputs of the BU's across the region and ensuring that continuity with current clients and further growth within the business is achieved Leadership of the commercial team utilizing the necessary communication medium within the organization Direct control of expected outcomes from reporting managers Overview and understanding of the commercial status Working closely with the internal teams to deliver to the overall goals Manage the Department efficiently so that performance goals and objectives are achieved Identify and resolve any performance issues Promote awareness and ensure adherence to all policies & procedures Formulate strategies for the future of his/her own field of work Indicate market, sector, and technological trends and developments for the coming years Propose and/or implement innovative ideas to enhance business results Liaise with key operational functions to ensure client service delivery to agreed benchmarks Job Requirements

Experience:

Min: 8 Years Career Level:

Junior Job Type:

Full Time Vacancies:

1 Open Position Salary:

Negotiable Gender:

Any Degree Level:

Bachelor's degree Major:

Finance Languages:

English - Native / Mother Tongue Job Skills

The Person: Degree in Economics, Finance or Business Management from a suitably recognized institution Minimum of 8 years experience in Corporate Banking Sound understanding of all corporate products Excellent communication skills in English, both verbally and in writing Candidates must: Be Western educated Have English as their native language About The Company

Mackenzie Jones Middle East has decades of HR, Marketing, Finance & Accounting, Sales, Secretarial & Business Support, Management Consulting and Engineering recruitment expertise. Along with a deep understanding of key market sectors and regions, we never forget to treat clients, companies and candidates as individuals who have unique needs. So we always listen, constantly learn, occasionally challenge and frequently advise. It’s all part of a service renowned for its courtesy, consideration, and dedication. Based in Dubai since 2006, our office covers the GCC and Levant countries and with the right regional expertise, we are the leading specialists. We’re growing rapidly because people appreciate our honesty, commitment, and results. Areas of specialties we recruit for are: Human Resources, Finance & Accounting, Marketing, Sales, Secretarial & Business Support, Executive Search, Banking & Financial Services, Management Consulting, and Engineering. Company Industry

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Senior/ Relationship Manager Private Banking

Kuwait City, Al Kuwayt Warba Bank

Posted 1 day ago

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Job Description

Overview

Responsible for managing the relationship with private banking customers delivering exceptional services. Attract new business for the private banking segment in accordance with the overall retail strategy and risk policies, for private banking segment special exceptions will be given to customer's position and social status.

Responsibilities
  • Review market intelligence reports to understand private banking customer market trends and needs.
  • Execute appropriate promotional and other marketing campaigns to cater for Private Banking market
  • Promote financing against collaterals to increase both assets & liabilities in the balance sheet to achieve the bank's target.
  • Promote high yield investment funds to customers to increase bank's profitability and achieve.
  • Create and manage investment opportunities for Private Banking clients to increase their revenues.
  • Keep up to date with market conditions, trends and overall economic outlook to be able to respond to private banking customers' queries.
Qualifications

Education: Bachelor's degree in Banking and Finance.

Experience: Relationship: Minimum 5 years of Experience.

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Senior/ Relationship Manager Private Banking

Kuwait City, Al Kuwayt Warba Bank

Posted 1 day ago

Job Viewed

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Job Description

Overview

Responsible for managing the relationship with private banking customers delivering exceptional services. Attract new business for the private banking segment in accordance with the overall retail strategy and risk policies, for private banking segment special exceptions will be given to customer's position and social status. Responsibilities

Review market intelligence reports to understand private banking customer market trends and needs. Execute appropriate promotional and other marketing campaigns to cater for Private Banking market Promote financing against collaterals to increase both assets & liabilities in the balance sheet to achieve the bank's target. Promote high yield investment funds to customers to increase bank's profitability and achieve. Create and manage investment opportunities for Private Banking clients to increase their revenues. Keep up to date with market conditions, trends and overall economic outlook to be able to respond to private banking customers' queries. Qualifications

Education:

Bachelor's degree in Banking and Finance. Experience:

Relationship: Minimum 5 years of Experience.

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Credit Analyst - International Banking Division

Kuwait City, Al Kuwayt Commercial Bank of Kuwait

Posted today

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Job Description

Assist in preparing comprehensive country and international bank analysis, conducting risk evaluation, market research, financial, comparative and credit analysis, for review of Division Executives for existing and proposed international relationships.
- Assist in reviewing various publications, newspapers and magazines for relevant information in order to get updates on all assigned markets, including all latest developments and policy changes
- Tracks and maintains current, up-to-date files on all assigned regions.
- Prepares financial spreads for assigned banks and financial institutions, assessing and analyzing the financial situation based to then provide appropriate recommendations to the Management.
- Assist in preparing Management Reports and Statistics as per IBD’s requirements.
- Liaises with other Departments and Divisions of the Bank i.e. Loans, Treasury, Treasury Operations, Corporate Credit and Legal to update them on changes in international markets
- Conducts background due diligence on banks and corporates (if requested by Corporate Credit).
- Manages assigned accounts in order to maintain existing relationships and develop new business, giving weekly or biweekly updates to Supervisor as needed.
- Assists in the preparation of the annual review of each country and bank limits (Top and Second Tier Banks).
- Sees to any additional request made by Senior Credit Analyst/ Assistant Manager/ Senior Manager

**Skills**:

- Interpersonal skills
- Initiative to learn
- Ability to work in teams and individually

**Education**:
Finance, Accounting, or Engineering

**Easy Apply
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Vice President, Coverage, Global Banking (Kuwaiti

Kuwait City, Al Kuwayt HSBC

Posted today

Job Viewed

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Job Description

Vice President, Coverage, Global Banking (Kuwaiti Nationals)

Some careers grow faster than others.

If you're looking for a career that will give you plenty of opportunities to develop, join HSBC and your future will be rich with potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

The role purpose is work as Global Relationship Banker to develop and grow profitable long-term relationships with key allocated clients within an assigned portfolio, grow revenues across allocated portfolio, and successfully defend/service existing business in addition to originating new value-added revenue streams.

**In this role, you will**:

- Co-ordinate origination and execution of in country activities across the spectrum of Global Banking & Markets products/service.
- Build the Global Banking & Markets franchise value/reputation in the marketplace.
- Drive achievement against targets for revenue generation, product alignment, customer satisfaction and cost containment.
- Combine client relationship management with strong risk assessment and management capabilities ensuring the required credit quality & requisite returns on risk.
- Identify event driven opportunities on an opportunistic basis, bringing in sector/country expertise as appropriate.
- Aggressively grow HSBC's share of client wallet involving product specialists to ensure product capabilities are in line with client/sector requirements.
- Maintain a high level of credit quality in the jobholder's customer portfolio and mitigate the hidden risks of the evolving Global Banking & Markets products.
- Build effective customer relationships and become customers preferred financial partner and trusted advisor.
- Where leadership responsibility is assigned, lead and manage client management team to optimise results in executing the Banking strategy.

**Requirements**:
**To be successful in the role, you should meet the following requirements**:

- Minimum a bachelor's degree in business, related field or equivalent experience
- Minimum 7 years relevant work experience
- Satisfactory ability to gain substantial business for the Group across a full range of products.
- Good track record of building & developing long term relationships including at key decision maker level for all clients.
- Satisfactory working knowledge of HSBC Group and products, and a good network of contacts across all business areas.
- Satisfactory record of proactively developing and originating client solutions.
- Good understanding of risk management and risk mitigation.

Job ID 000K8Y8
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Assistant Finance Controller – Financial Services

Kuwait City, Al Kuwayt Alert International

Posted 2 days ago

Job Viewed

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Job Description

Description

In this role, you will be responsible in managing Divisional Financial Controls, Strategic Planning, Reporting & Analytics, Risk Management and Stakeholder relations, ensuring Financial integrity and alignment with organizational goals.

Role & Responsibilities:

  • Ensure and assess timely preparation and review of monthly MIS, P/L, BS, KPI and other operational activities including Cash Management, CAPEX & Working Capital Management
  • Collaborate closely with finance and operations team for financial control, cash management and other relevant operational aspects on a daily basis.
  • Ensure timely and accurate financial reporting that is compliant with statutory regulations and is free of financial irregularities.
  • Review of Bank guarantees, payables, fixed assets, internal audit and compliance reports and ensure budget and overheads control with coordination with operations team.
  • Identify, Escalate and mitigate Financial Risks.
  • Contribute to all the modernization of finance processes, controls reporting team and organization.
  • Develop or recommend practical solutions to address financial challenges or issues.
  • Strive to improve revenue and profits of all departments by focusing on topline growth as well as scouting for various cost saving initiatives.
  • Prepare monthly budgets and financial statements within timelines.
  • Ensure that all Insurance claims and related liabilities are settled in a timely and effective manner.
  • Oversee Accounts payables and Accounts receivables by verifying all vendor payments and manage/follow-ups to ensure collections within due date.
  • Continuously review and recommend changes to policies and procedures to exercise effective financial controls.
  • Ensure compliance with the same by the Operating Management.
  • Collect and analyze, review financial statements for meaningful comparison (trend analysis, variance analysis, benchmarking, KPIs, etc.)
  • Expert working knowledge of IFRS 17
  • Hands on experience in submission of data/ information/ reports to Central Bank
  • Familiar with compliances of Industry related regulatory bodies (ie., IRU & CBK)
  • Closely work with the team to resolve any discrepancies.
  • Review financial implications and payouts of incentive schemes and provide feedback on their feasibility and effectiveness.
  • Maintain audit trails and implement audit report recommendations issued by internal and external auditors.
  • Liaise with external auditors to ensure that financial results are reported on time.
  • Perform routine activities in accordance with agreed deadlines, standards and discharge any other task assigned by superiors in a timely and effective manner.
  • Strong interpersonal skills with the ability to foster teamwork while handling sensitive and confidential information with discretion.

People Management

  • Manage and handle grievances raised by subordinates in a prompt and effective manner and escalate as required.
  • Monitor performance of finance personnel on financial and non-financial parameters such as cost savings achieved, internal customer responsiveness, teamwork, and technical acumen

Skills

Who you are

You are a detail-oriented and results-driven Financial Controller with a strong background in financial reporting, budgeting, and regulatory compliance within the financial services industry.

Skills & Competencies:

  • High degree of accountability and integrity
  • Excellent interpersonal and communication skills
  • Strong problem-solving and decision-making capabilities
  • Demonstrate strong knowledge in forecasting models, data analysis along with clarity in the application of IFRS & IAS standards.
  • High degree of Accountability, Integrity & Responsibility in all tasks assigned.

Education & Qualifications:

  • Qualified Finance Professional holding CA / CPA / CMA / ACCA
  • Minimum 15 years work experience, with at least 5-10 years in a managerial role in Finance
  • Preferably from Financial Services/ Remittance / Insurance/ Banking industries
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Assistant Finance Controller – Financial Services

Kuwait City, Al Kuwayt Alert International

Posted 2 days ago

Job Viewed

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Job Description

Description In this role, you will be responsible in managing Divisional Financial Controls, Strategic Planning, Reporting & Analytics, Risk Management and Stakeholder relations, ensuring Financial integrity and alignment with organizational goals. Role & Responsibilities: Ensure and assess timely preparation and review of monthly MIS, P/L, BS, KPI and other operational activities including Cash Management, CAPEX & Working Capital Management Collaborate closely with finance and operations team for financial control, cash management and other relevant operational aspects on a daily basis. Ensure timely and accurate financial reporting that is compliant with statutory regulations and is free of financial irregularities. Review of Bank guarantees, payables, fixed assets, internal audit and compliance reports and ensure budget and overheads control with coordination with operations team. Identify, Escalate and mitigate Financial Risks. Contribute to all the modernization of finance processes, controls reporting team and organization. Develop or recommend practical solutions to address financial challenges or issues. Strive to improve revenue and profits of all departments by focusing on topline growth as well as scouting for various cost saving initiatives. Prepare monthly budgets and financial statements within timelines. Ensure that all Insurance claims and related liabilities are settled in a timely and effective manner. Oversee Accounts payables and Accounts receivables by verifying all vendor payments and manage/follow-ups to ensure collections within due date. Continuously review and recommend changes to policies and procedures to exercise effective financial controls. Ensure compliance with the same by the Operating Management. Collect and analyze, review financial statements for meaningful comparison (trend analysis, variance analysis, benchmarking, KPIs, etc.) Expert working knowledge of IFRS 17 Hands on experience in submission of data/ information/ reports to Central Bank Familiar with compliances of Industry related regulatory bodies (ie., IRU & CBK) Closely work with the team to resolve any discrepancies. Review financial implications and payouts of incentive schemes and provide feedback on their feasibility and effectiveness. Maintain audit trails and implement audit report recommendations issued by internal and external auditors. Liaise with external auditors to ensure that financial results are reported on time. Perform routine activities in accordance with agreed deadlines, standards and discharge any other task assigned by superiors in a timely and effective manner. Strong interpersonal skills with the ability to foster teamwork while handling sensitive and confidential information with discretion. People Management Manage and handle grievances raised by subordinates in a prompt and effective manner and escalate as required. Monitor performance of finance personnel on financial and non-financial parameters such as cost savings achieved, internal customer responsiveness, teamwork, and technical acumen Skills Who you are You are a detail-oriented and results-driven Financial Controller with a strong background in financial reporting, budgeting, and regulatory compliance within the financial services industry. Skills & Competencies: High degree of accountability and integrity Excellent interpersonal and communication skills Strong problem-solving and decision-making capabilities Demonstrate strong knowledge in forecasting models, data analysis along with clarity in the application of IFRS & IAS standards. High degree of Accountability, Integrity & Responsibility in all tasks assigned. Education & Qualifications: Qualified Finance Professional holding CA / CPA / CMA / ACCA Minimum 15 years work experience, with at least 5-10 years in a managerial role in Finance Preferably from Financial Services/ Remittance / Insurance/ Banking industries

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