Executive Director Product Development Full-time Job

Key Accountabilities

Product owner and SME for products including: Custody, Fund Administration, Transfer Agency, Middle Office Outsourcing, Performance Measurement and Digital Custody services in addition to other assigned products.

Manage new product launches in a formal project framework ensuring engagement with all appropriate stakeholders through to final delivery.

Provide product specialist support and information to assist new sales opportunities or assist with technical issues for existing clients.

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.

Oversee and coordinate the local operational services with the Group Operations Hub based in Abu Dhabi & Egypt to ensure optimal operating model. Ensure SLA’s are in place and are adhered to through administration of KPIs.

Handle Product responses for RFI/ RFPs

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.

Qualifications

Minimum Qualification:

Bachelor’s degree in finance / Business or related discipline. MBAand/or professional qualifications.

Minimum Experience

12+ years’secrutities services experience in the banking sector with at least 7 years in similar positions of progressively increasing managerial responsibilities in the 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 blue-print;

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.

FAB, the UAEs largest bank and one of the worlds largest financial institutions offers a an extensive range of tailor-made solutions, and products and services, to provide a customised banking experience. Through its strategic offerings, it looks to meet the banking needs of customers across the world via its market-leading Corporate and Investment Banking and Personal Banking franchises.
Headquartered in Abu Dhabi, in Khalifa Business Park, the banks international network spans over 19 countries, across the world, providing the global relationships, expertise and financial strength to support local, regional and international businesses seeking to do business at home and abroad. In line with its commitment to put customers first, to Grow Stronger, FAB will continually invest in people and technology to create the most customer-friendly banking experience and will support the growth ambitions of its stakeholders across the global network in which the bank operates.
To empower its customers and clients to Grow Stronger, FAB is initiating a powerful movement, which goes beyond banking. The Grow Stronger movement represents the banks promise to support its stakeholders goals and growth ambitions, providing ideas, tools and expertise to help them become stronger, today and in the future. Through a strong, diversified balance sheet, leading efficiency and a solid corporate governance structure in place, FAB is set to drive growth forward.