Executive Director, Government & Public Sector at First Abu Dhabi Bank

Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates -

Full Time

Start Date

Immediate

Expiry Date

06 Sep, 26

Salary

0.0

Posted On

08 Jun, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Custody Services, Fund Administration, Transfer Agency, Performance Measurement, Product Ownership, Regulatory Compliance, P&L Management, Stakeholder Management, Strategic Thinking, Client Relationship Management, Operational Risk Management, RFI/RFP Management, Influencing Skills, Coaching, Resource Management, Market Analysis

Industry

Banking

Description

Purpose: • Take ownership and responsibilities for the development of assigned products withing the Securities Services business. • Product focus of Custody, Fund Admin, Transfer Agency and Performance Measurement products. • Engage prospects in coordination with the Client Management Team to grow the business • Seek opportunities to increase product base and 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 Key Responsibilities: * Product owner and SME for Custody, Fund Administration, Transfer Agency, Performance Measurement services in addition to other assigned products. * Guide Operations to the highest standards based on strong technical knowledge of local post-trade regulations and practices to structure * 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 * Maintain strong relationships with the local securities depositary, exchange and regulators and lobby for change to increase efficiency of the local market. * Work closely with the Client Management Team, based in the UAE to develop Direct Custody & Clearing opportunities with key Global Custodian & Broker Dealer prospective clients. * Act as Securities Services SME for existing UAE & Global Custody clients, coordinating the client relationship management with the Client Managfement Team. * Oversee and coordinate the local operational services with the Group Operations Hub based in Abu Dhabi to ensure optimal operating model. Ensure SLA’s are in place and are adhered to through administration of KPIs. * Manage the RFI/ RFPs clients Due Diligence visits * Keep abreast of local regulatory changes that impact the Fund Administration service, in addition to Direct Custody & Clearing. * Owner of assigned Product Programs, including managing udpates, governance, and Operational Risk matters. Minimum Qualification: * Bachelor’s degree in finance / business or related discipline. MBA and/or professional qualifications. Minimum Experience: * 5-10 years’ relevant experience in the banking sector; * 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 blueprint; * 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. About Us: First Abu Dhabi Bank (FAB) is the largest bank in the UAE and one of the world's largest and safest financial institutions. We offer a comprehensive range of personal and private banking services, including credit cards, Islamic banking, investments, loans, and mortgages. Our commitment to excellence and innovation drives us to provide top-tier financial solutions to our clients. Life at FAB: Working at FAB means being part of a team of talented and passionate individuals with a shared vision to support the ambitions of our stakeholders to "Grow Stronger." We embrace the needs of our customers across the globe with a sense of responsibility and confidence driven by extensive expertise that can only be delivered by an ambitious world-class organization Career Development: FAB offers unique career choices, a chance to innovate, craft solutions for the future, and express yourself in a performance-based culture that will unleash the best in you. Whether you are an experienced professional or just starting your career, FAB provides a range of learning and development initiatives to support all employees through training and skill development. Our Values: At FAB, we place our customers at the core of our activities, live our values each day in every way, celebrate achievements, and empower each other to deliver leading solutions. We have structured plans for the recruitment and career progression of Emirati talent to enable them to make a mark in the financial and banking sector both regionally and globaly that rewards your hard work and dedication. Join our team and be part of a journey to shape the future of banking.

Responsibilities

The role involves taking ownership of Securities Services products, including Custody and Fund Administration, to grow the business and optimize costs. The Executive Director will act as a technical SME, managing regulatory compliance and coordinating operational services with the Group Operations Hub.