Director of Operations

Amicorp Group; Dubai; On-site; USD 120,000 - 180,000; Full time

Job summary

A leading company in asset management seeks a senior professional to oversee operations and drive profitability. The role involves strategic planning, implementing efficient systems, and building client relationships. Candidates should have extensive experience in wealth structuring and a proven track record in business growth.

Qualifications

• 18+ years of experience in Wealth Structuring or Asset Management.
• Proven track record in rapidly growing businesses.
• Strong client-facing and communication skills.

Responsibilities

• Plan and direct asset management activities to achieve operational performance.
• Implement systems and procedures for asset management business.
• Drive profitability and monitor client activities to meet revenue targets.

Skills

Wealth Structuring

Institutional Sales

Fund Management

Client Relationship Management

Analytical Skills

Problem-Solving

Job description

The role holder will be responsible for implementing appropriate systems, drafting standard operating procedures and setting up the office as the best of breed asset manager. The role holder shall, on a continuing basis, work on overseeing, primarily, asset management operations with an emphasis on driving long-term value creation, profitability, operational efficiency and minimizing costs.

Primary Duties And Responsibilities :-

Strategic

• Plan and direct the Asset Management entity's ("office") activities to achieve stated/agreed targets and standards for operational performance.
• Develop the Annual Business Plan with the leadership team and other organization policies; drive business profitability and performance aligned with the approved business plans.
• Develop and implement global systems and processes which increase the efficiency of the office.
• Drive projects aimed at sales increase, including marketing and PR activities, discussing new offering based on international experience with banks, funds, financial institutions etc. Concentrate on retention and growth of existing client portfolio.
• Identity and control key drivers of cost, quality, risks, expenses, revenues, profits, business growth, competition, and performance.

Operational

• Responsible for implementing appropriate and best of breed systems and drafting standard operating procedures for asset management business.
• Support the business to create efficiencies and optimize work allocation.
• Support the implementation of appropriate global systems and processes which increase efficiency.
• Support the delivery of the financial and operational priorities and budget, within the defined financial targets and objectives.
• Build and document standard, transparent, and repeatable production and service processes to provide stable, consistent and quality products and services that both internal and external customers expect.
• Ensure the smooth onboarding and off boarding of clients via appropriate systems and internal systems, and ensure proper communication across functions during the process.
• Ensure compliance with statutory authorities and audit requirements

Profitability Performance And Growth

• Drive the discipline of accurately measuring clients deliverables and value of service, ensure smooth execution of pricing, invoicing and collection of outstanding fees.
• Monitor performance and take action on all client activities in order to achieve the revenue and client servicing targets.
• Introduce measures to monitor all client activities to ensure quality and timeliness.
• Build and maintain strategic business relationship with clients; guide the team to build client relationships and ensure timely and quality delivery.

Candidate Profile:-

• 18+ years of experience in Wealth Structuring/ Institutional Sales/ Fund industry Background in Asset Management with exposure to Variable Capital Company (VCC) and fund management/ administration; and experience managing/ constructing an investment portfolio.
• Should have experience and track record in rapidly growing business and generating income, with proven experience in converting institutional and UHNWI
• Takes initiative, positive and proactive, dedicated, focused and revenue and target driven.
• Excellent client facing skills. Well-developed spoken and written communication skills and the ability to tailor style to relevant audiences and successfully liaise with people at different levels.
• Strong analytical and problem-solving skills, solution driven, highly organized and detail orientated with good decision making and time management skills. Independent, hands-on and takes accountability to deliver solutions and results.