Job Purpose

• Overall responsibilities for international Banking Group.

• Expansion of international operations in areas approved by the Board.

• Collaborations, acquisitions.

• Processing and tapping full potentials that exist with correspondent banking network.

Main Duties

• Provide day-to-day support to International Banking Group, consisting of Financial Institutions, International Branch Operations – US Branches, UAE Branches, Kuwait Branch, Representative Offices, etc.,.,

• Expand relationship with correspondent banks, arrangements with new correspondent banks to enable Bank to handle International trade related business for LCs and guarantees.

• Review day-to-day request for syndicated loans and project financing requests.

• Assess the needs for new credit loans and arrive at a decision to filter credit line requests for banks.

• Review all important requests from International banks for trade related business and syndicated loans.

• Ensure that the bank's business is routed to other banks involved in the principle of reciprocity.

• Constantly review work allocation amongst staff of International Dept. to ensure productive use of resources for banks benefit.

• Review on a constant basis the business plans set for International Banking Group, U.S operation and U.A.E Branches, Kuwait Branch and other Representative Offices and translates opportunities into business. Take corrective active action in time to realize opportunities.

• Attend all management meetings, ALCO meeting, CRM Meeting, Financial Risk Committee, Investment Committee Meetings and monitor objectives of the meetings.

• Review audit reports from regulators and take corrective action to implement agreed recommendations within specified time frames.

• Attend day-to-day meetings with correspondent banks to discuss business opportunities that are beneficial to both institutions.

• Review the expansion plan to grow the international work in line with the Board’s strategies, arrange to submit business plans to regulators through international consultants.

• Submit applications to regulators for expanding the Bank’s operations in the International markets that is approved by the Board of Directors.

• Constantly look for opportunities in international market for alliances, acquisitions and brief management to seize such opportunities in the market for bank’s benefits.

• Ensure to progress collaborations with banks, NBFC’s to synergize the operations to realize potential opportunities in the market in areas whose bank has no international presence.

.

6)Essential Qualifications/Experience Required

• University degree pref. In Banking

• Min. 15 years experience in Banks of which 5-8 years experience in International Banking Group, 5 years in Finance, strategies, etc.

• Excellent English & preferably Arabic communication skills

• Excellent negotiating skills with wide contacts in international market.

• Reasonable knowledge of regulatory requirements in overseas operations including banking laws.

Salary - Excellent tax free package