Executive Director- Securities Services- Product Development-UAE

Job Responsibilities

• 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 for 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.
• Oversee and coordinate the local operational services with the Group Operations Hub to ensure optimal operating model. Ensure SLAs 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 regulations 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.

Desired Candidate Profile

Qualifications

• Bachelor's degree in finance / Business or related discipline. MBA and/or professional qualifications preferred.
• 12+ years of securities services experience in the banking sector with at least 7 years in similar positions of progressively increasing managerial responsibilities in a 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 blueprints.
• Strong influencing and coaching skills.
• Good interpersonal, motivation, resource management & marketing-oriented skills.
• Experience of handling large corporate accounts and winning new mandates with them.
• P&L responsibility.

Company Industry

• Banking
• Broking

Department / Functional Area

• Finance
• Treasury

Keywords

• Executive Director - Securities Services - Product Development - UAE