COO (Chief Operating Officer) – Banking - Bahrain - Ref 25052

Job Title: COO role (Chief Operating Officer)

Sector: Banking

Salary: BD Competitive

Role Type: Permanent role

Location: Bahrain

Job Ref: 25052

Job Objective:

The role holder has overall responsibility for the investments and strategy of the corporate investments, Real Estate investments and Private Equity and Asset Management functions.

The CIO is responsible for securing and managing the investment pipeline, managing the investment programme for each function and for playing an integral role in fund-raising.

Responsibilities:

Fund raising:

• Building on and leveraging off existing relationship (both those of the incumbent and of the bank) and developing new relationships to raise funds and to secure placements.
• Playing a key role and being instrumental in providing leads to various investors in order to support fund-raising efforts.
• Overseeing and assisting the Placement & Relationship Management team to develop and to market funds' mandates through various marketing efforts in order to achieve a first and final closing of funds.

Executive leadership and expertise in investments:

• Serving as the most senior investment executive in the bank and acting as an expert in all aspects of investment management and portfolio management for each fund, from deal flow to origination.
• Serving as a member of the Investment Committee and providing sound and fully supported recommendations on advice on various investment mandates.

Compliance, Governance, Risk and Internal Audit:

• Interacting with regulators to ensure that all funds meet licensing, regulatory, KYC/AML and reporting requirements across any relevant jurisdictions.
• Actively promoting the development of investment and risk management policies.
• Ensuring that all funds are within agreed risk tolerance perimeters and constraints.
• Closing all Internal Audit observations within agreed timelines.

Project deal flow and investment management:

• Developing, evaluating and reviewing deal flows and project pipelines against the approved investment strategy, budgets, risk perimeters and other investment criteria on an on-going basis in order to ensure optimal and timely investments and performance.
• Performing and delivering financial, commercial, risk, tax and risk due diligence on projects in order to recommend the appropriate courses of action.
• Assessing and presenting performance of the funds' investments and measures as indexed against market peers and benchmarks to deliver strong performance.
• Providing timely analyses and reports to shareholders.

Performance Management (employee level):

• Overseeing and taking direct ownership of career growth for all employees in Investments and ensuring that their skills are continually upgraded by means of formal training, coaching and workplace assignments in order that both they are equipped to serve their clients and that their skills remain in line with best practice.
• Transferring knowledge to Bahraini employees in order to enable their professional development.
• Implementing and taking personal responsibility for a competitive, transparent and equitable approach to reward that combines fixed pay and variable pay so that employees see a clear line-of-sight between their individual performance and reward and that robust performance appraisals form an integral part of the process.

Job Requirements: (Minimum level of education, professional qualifications, background and years of experience required to do the job).

• A bachelor's degree or equivalent in business studies or marketing. RERA certification is desirable.
• Proven track record in property sales and marketing in a similar role for at least 8+ years.
• Excellent interpersonal, communication, engaging presentation, influencing, and problem-solving skills to deal with people from diverse backgrounds with diplomacy and tact.
• Excellent time management, self-confidence, resilience, flexibility, and ability to thrive under pressure in a fast-paced target-driven environment with tight deadlines.
• Strong commercial acumen, excellent market sense, strong results orientation, and solid closing skills.
• Experience of managing budgets/cost control, planning, prioritizing and organizing work to meet targets.
• High standards of personal appearance and grooming at all times, projecting a positive and motivated attitude.
• Strong work ethics and integrity with an entrepreneurial mind set.