JOB PURPOSE
Manage and support the Head –Corporate Banking to develop corporate business from existing corporate customers and from new relationships in order to meet Bank’s growth objectives.
QUALIFICATIONS
- Degree in Economics or Finance or Business Management
EXPERIENCE
- 7-8 years experience in banking with 4-5 years with exposure to corporate Banking in the UAE. Ideally incumbent should have had exposure to the emerging markets.
- Knowledge of Banking and Economic/businesses environment.
- Commercial acumen and ability to prepare plans and strategies are essential.
PRINCIPAL ACCOUNTABILITIES
- Study the market and customer needs in conjunction with Marketing and Strategic Planning Departments in order to support the Head of Corporate Banking to develop suitable business strategy.
- Identify target customers both locally within the region in order to establish a basis for potential business.
- Establish and maintain good relationships with key potential corporate clients, and develop these into successful, on-going business relationships.
- Keep abreast of developments in the local business environment to spot business opportunities.
- Negotiate corporate deals (e.g. Project finance) as advised in consultation with the concerned departments on behalf of the Bank, ensuring the Bank’s interests.
- Ensure effective liaison and contact with Branches to identify suitable business opportunities and centrally co-ordinate the business for corporate customers.
- Monitor development and progress of corporate deals and ensure quick action in case of any adverse development.
- Maintain effective relationships with existing corporate customers to retain their business relationships.
- Establish effective networking (information Channels) with government and semi government organizations to have an early information on potential business opportunities.
- Prepare reports, analysis, management information data for top management and other departments as required.