Job Purpose
A position where the incumbent is expected to lead, supervise and manage related capital market activities from origination, development and execution of transactions and related to the field of securities and other Islamic capital market products as well as manage the bank’s proprietary investments. This is a senior position where the incumbent is expected to manage a team as the business grows. The incumbent must have the necessary leadership quality, strategically-inclined, objective and market-driven and above all, has the ability to lead projects/transactions to successful completion/execution/conclusion. The incumbent must possess actual/practical experience in the field of securities particularly Sukuk. Knowledgeable with the international standards, local standards and good understanding of Islamic finance. Has the ability to oversee all aspects in the field of securities including legal, risk and regulatory on top of the incumbent’s day-to-day activities and responsibilities. Additionally, takes responsibility of overseeing the bank’s proprietary investments. The incumbent must also possess the ability to make high quality presentations to Senior Management/Board level audiences and carry out special tasks assigned by Senior Management.
Role & Responsibilities
Strategy and business development
- To assist the Senior Management in strategic issues and matters related to business plans and budget.
- Plan annual budget, including setting up of performance targets and identifying relevant cost efficiencies, for the department.
- Articulation of business plans, budget and proposals of the department to Head of WBG, Senior Management and relevant Management Committees.
- Monitor performance activities in line with set targets.
- To continuously look for opportunities to expand business related to Islamic capital markets both locally and internationally.
- Conduct necessary market intelligence, identify opportunities and form proposals to Senior Management when applicable.
Handling mandated transactions and other products/services in Investment Banking
- To source and originate capital market transaction mandates.
- Manage and supervise mandated capital market activities pre- and post-completion.
- To lead the team and supervise origination and capital market activities.
- To lead the team and supervise and manage execution of mandated transactions and other capital market products, including producing PPM / IM / Prospectus.
- To deal with all stakeholders related to field of securities and other capital markets products.
- Other advisory services - financial advisory services (M&A, capital raising), restructuring advisory with Islamic products, project finance advisory, underwriting undertaking, and other fiduciary services.
Investment Management
- Manage and churn bank’s proprietary investments.
- Ensure no violations in CBO/CMA rules and any adverse Sharia / Risk / Audit / Compliance issues.
- Supervise submission of related reports to ensure correct and prompt.
- Ensure timely submission of reports such as quarterly investment portfolio reports and quarterly compliance self-assessment as per CBO/CMA.
Client Relationship Management
- To conduct active client engagement to grow wallet share of client’s business and explore other business opportunities, including fee based income.
- To conduct business visits and client calls including top senior level meetings, if necessary.
- To assist in supervising client engagement programs for the department including events, corporate gifts distributions, sponsorships and other relevant programs.
Overseeing general department’s tasks
- To oversee general Investment Banking and Government Banking tasks as one of the seniors in the department.
- Conduct, monitor and review relevant products or portfolio reports, when applicable.
People Management
- Provide clear top-down communication to employees (inc. Bank and dept. business objectives) and provides bottom-up feedback to Senior Management.
- Coach employees for performance by setting objectives, providing regular feedback and identifying development needs.
- Identify issues that affect employee satisfaction and raises the issues to senior management.
- Act as a role-model to communicate the Bank’s values, core and leadership competencies to the employees.
- Actively participates in on-the-job training activities for employees.
- Monitor, supervise, guide and direct employees during daily operations.
Educational Background
- Essential: Bachelor’s Degree in Banking and Finance
- Desirable: Master‘s Degree
Professional Qualification
- Desirable: CFA, if Bachelor’s Degree not related to Banking and Finance
Experience
- Minimum 10 years work experience in banking/financial institutions with minimum 5 years’ experience in handling capital market or Sukuk issuance.
- At least 3 years of holding a senior position within Investment Banking.
Skills and Knowledge
- Well-verse with local and international capital market standards, rules & regulations with track record of success in launching Sukuk i.e. full life cycle of producing a PPM/ IM/ Prospectus as well good understanding of Islamic finance. Fully conversant with CBO / CMA rules.
- Fluent in English.
- Competent with MS Office (at least PowerPoint, Excel and Word).
- Excellent communication and presentation skills.