Manages the Securities Services business of the bank, continuously enhancing the standard of service to both international and local clients. Develops and introduces new products to meet demanding needs and ensures products are well supported by systems and processes required.


Formal Education Minimum Master’s degree in business or equivalent, and/or equivalent qualification, from a reputable business school.

Professional certification such as (CME1) qualified is an advantage.

Professional certificate in leadership.

Work Experience Minimum 10-12 years’ experience in banking particularly securities services (custody, Fund Admin and Agency Services), including at least 6 years in a similar role.
Skills and Knowledge Strong business management skills

Strong knowledge of systems.

Arabic/English proficiency.

MS Office and Power Point presentation.


  Job Area and KRAs 
1.        Participates in formulating strategies, policies and objectives for the Securities Services Department.
2.        Develops and executes comprehensive technical plans and programs, both short and long term, to achieve stated strategic objectives.
3.        Sets the estimated budget for the Securities Services Department and monitors the Department’s expenditures and financial performance in coordination with Finance Department.
4.        Ensures full compliance with Securities Business Regulations (SBR).
5.        Oversees and ensures proper Know Your Client (KYC) execution as per CMA requirements.
6.        Oversees the activities of the Securities Services Department which includes coordination with the bank, holding and administering securities on behalf of private and/or institutional clients domestically and/or internationally.
7.        Monitors the Securities Services Department performance against pre-set performance goals and ensures that preventive/corrective actions are taken accordingly.
8.        Disseminates instructions and circulars in addition to take decisions necessary to fulfill endorsed plans and executive programs.
9.        Ensures customer driven cost effective and efficient operation of Securities Services by developing and implementing Securities Services products and establish a culture of continuous diversification and upgrade of products meeting the market demand.
10.    Directs a business-oriented approach so as to improve the service level standard to meet the institutional clients’ requirements whilst maintaining reasonable risk control, by ensuring that the process is robust, staff skills are up to standard.
11.    Manages clients’ relationships by ensuring that the clients receive high standard services and in line with the service level agreements.
12.    Monitors the implementation of all policies and procedures relevant to Securities Services Department, educates the team and ensures successful implementation of such procedures.
13.    Ensures adherence to  internal control standards including timely implementation of internal and external audit recommendations together with any issue raised by regulators by continuously re-assessing the operational risks inherited in the business, taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, managing restructuring and the impact of new technology.
14.    Ensures skills, productivity level of staff by maintaining an open and transparent dialogue with staff at all levels and by establishing and applying skills requirements.
15.    Directs and ensures preparation of periodical/annual reports to keep top management informed about the progress of business initiatives/issues and to facilitate decision making.


1.         Strong leadership skills
2.         Result oriented
3.         Strong decision-making skills
4.         Strong communication skills
5.         Strong business development and marketing experience
6.         Ability to manage large team

Interested candidates please send your CV and contact details to referencing ‘Head of Securities Services’ in the subject