Qnb- manager asset management governance and products; qatarization

Qnb
3566 - manager asset management governance and products (qatarization)

workfull-time

A week ago

About QNB Established in 1964 as the country's first Qatari-owned commercial bank, QNB Group has steadily grew to become the largest bank in the Middle East and Africa (MEA) region.

QNB Group's presence through its subsidiaries and associate companies extends to more than 31 countries across three continents, providing a comprehensive range of advanced products and services. The total number of employees is more than 28,000 serving up to 20 million customers operating through 1,000 locations, with an ATM network of 4,300 machines.

QNB has maintained its position as one of the highest rated regional banks from leading credit rating agencies including Standard & Poor's (A), Moody's (Aa3) and Fitch (A+). The Bank has also been the recipient of many awards from leading international specialised financial publications.

Based on the Group's consistent strong financial performance and its expanding international presence, QNB currently ranks as the most valuable bank brand in the Middle East and Africa, according to Brand Finance Magazine.

QNB Group has an active community support program and sponsors various social, educational and sporting events.

Job Summary The incumbent will be responsible for identifying and developing new products and services related to Asset Management in Doha and in any Branches and Subsidiaries. Evaluates and maintains viability of current product offerings, and contributes insight into Asset Management in a product area or region. The incumbent is responsible for the achievement of the set budget targets for the Product Development Function in compliance with established policies, procedures, standards and regulatory requirements and overseas Branches and Subsidiaries for the Asset Management Divisions.

They will monitor compliance with the policies and procedures with prevailing practices and regulations pertaining to Funds Management promulgated by the respective regulators (Qatar Central Bank as well as other regulators particularly in the UCITS regulation).Main Responsibilities

A. Shareholder & Financial Prepares the strategic and business development plans for the Product Development Function.

Manages the implementation of the strategy and business plan of the Product Development Function to achieve the set volume, revenue, and profit targets.

Manages the implementation of Product Development best practices across all activities/ operations to promote efficiencies in work processes, ultimately resulting in increased customer satisfaction.

Recommends appropriate pricing structures/ policies for the Product Development Function.

Identifies new business opportunities in conjunction with the respective unit heads and thereby facilitate growth of business.

Maintain viability of existing products by monitoring market trends, identifying areas to improve or expand the Divisions product line, and pursuing necessary product and rule modifications where required.

Implements KPI's and best practices for 'Manager, Asset Management Governance & Products'.Promote cost consciousness and efficiency and enhance productivity, to minimise cost, avoid waste, and optimise benefits for the bank.

Act within the limits of the powers delegated to the incumbent.

Demonstrate clear understanding of the important factors behind the bank's financial & non-financial performance.

B. Customer (Internal & External)
Ensures the provision of value added products and services to existing/ potential clientele who seek asset management relationships with the Group and meeting/ exceeding their service expectations.

Develop those products into viable, working markets by actively engaging externally with market participants as Asset Managers, government regulatory agencies, and other market participants:
Index Providers, Custodians and Funds Administrators, MANCOs (UCITS) technology vendors and other service providers as well as information licensors.

Coordinate product launches internally with, Sales teams including Branches and Subsidiaries, regulatory entities, Back Office and Operational areas, and be in constant liaison with Legal and Compliance including Branches and Subsidiaries.

Develop Market Intelligence by active solicit feedback from industry participants through various means including trade calls, surveys, industry events, trade shows and conferences to stay abreast of changing demands and market needs and report back intelligence gathered to all stakeholders in a systematic fashion.

Ensures that the Product Development Function provides timely and accurate information to the external and internal auditors, the Group Compliance and Group Risk and Regulators.

C. Internal (Processes, Products, Regulatory)
Provide marketing support by supplying data, writing product related materials as well as articles for publication and preparing and delivering presentations.

Develops proposals to provide fund management services to…