Head of International Transaction Banking

  • Salary: Competitive
  • Location: Doha, Dawhah, Qatar
  • Job Type: Full time
  • Company: Qatar National Bank (QNB)
  • Updated on: 19 Mar 19

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About QNB
QNB Group, the largest Financial Institution in the Middle East and Africa are looking to hire a Head of International Transaction Banking, to meet the expansion needs of our office in QNB - Qatar//Doha.
QNB has enjoyed continued success with Net Profits of QAR 10.8 billion (USD3 billion) in 2018 (up by 6%) and increased Total assets to QAR 853 billion (USD 234 billion). The Group now employs over 29,000 employees in 1,200 locations, with an ATM network of more than 4,300 machines.

Person:
You will be leading and developing products across Group International Transaction Banking business for all QNB subsidiaries. The person will be responsible for developing and implementing strategy for trade sales and products, cash management (including payments, collections, liability growth) and efficient use of bank channels to promote the business including e-Channels. Budgets for these products will be developed as part of the annual business planning cycle and the incumbent will be jointly responsible with the Heads of Market Segments and Country Managers for achieving growth objectives in these products.

Experience:
    • Responsible for the financial performance and outcomes of International Transaction Banking in all QNB subsidiaries.
    • Oversee product and channel development and implementation with respect to Transactional Banking within QNB and be a point of reference for the businesses within QNB for resource allocation and HO cross functional support.
    • Engage and drive the implementation of strategic plans with respect to International Transaction Banking with appropriate measures for tracking and monitoring the success of strategy implementation.
    • Liaise with local units to develop yearly budgets and financial forecast pertaining to International Transaction Banking and subsequent monitoring thereof.
    • Develop, maintain and grow appropriate customer and product base on an agreed segmentation consistent with QNB strategy for International Transaction Banking.
    • Monitor economic, competitor and customer trends to ensure strategy is dynamically adjusted to optimize development of QNB franchises for International Transaction Banking.
    • Monitor effectiveness, enhance and develop processes both centralized and local to support ongoing business of International Transaction Banking and engage cross functional support within QNB to these processes.

    • Review and process queries / proposals related to Transactional Banking.
    • Work with Country Managers and Corporate Bank to develop organization and deployment in each of the QNB country franchises to support Transaction Banking.
    • Liase and work with Operations, Risk, Information Technology, Treasury, Legal, Corporate Communications and Financial Control departments to ensure appropriate support is given to the implementation of strategy for International Transaction Banking.
    • On a dynamic basis research and study trends in international markets with respect to the development of transaction banking through products and channels and where appropriate lead implementation of cutting edge services within QNB.


Qualifications:
    • Solid and relevant banking experience, typically minimum 10 years of Transaction Banking experience including customer facing roles and profit-center responsibility with at least 5 years specialist experience in Cash Management and 5 years in Trade.
    • Experience in a sizeable Functional Management role preferably in a multinational environment, typically not less than 3 years.
    • Sound international experience, preferably at least 7 years either in an international posting or working internationally involving interaction with diverse environments and different cultures.
    • Demonstrated ability to project manage cross functional relationships.
    • BA degree.

Note: you will be required to attach the following:
1. Resume / CV