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GulfBankers Executive Search


Location: Riyadh, Saudi Arabia
Posted On: 1 months, 2 hours ago

Job Specification

  1. Number of Vacancies: 1
  2. Expiry Date: 2019-08-13
  3. Job Type: Full Time
  1. Experience: 15 to 20 years
  2. Functional Area:
  3. Job Code: JB104497

Job Description

    • Responsible for managing the strategic planning process for the Group, which involves clearly defining the objectives of the Group, assessing both the internal and external situation (SWOT analysis) including observing and studying trends, formulating the strategy, and following up continuously on the implementation, evaluation of the progress, and reporting on the progress to top management.
    • Identify and suggest the best way for the Group to achieve those objectives stated in the strategy. This includes identifying the resources (market intelligence, reports, manpower, etc...) needed to meet the goals and provide comprehensive reports regarding improvements or changes needed to reach current and future goals. 
    • Monitor progress and follow up rigorously regarding progress towards achieving specific goals stated in the strategic business plan. 
    • Create a chain of communication and facilitation meetings intended to ensure that all people involved in the implementation of our strategy are on track and adequately informed of the progress.
    • Responsible for analysis and preparation of key management reports on a regular basis including strategy documents, monthly progress reports, quarterly portfolio analysis, quarterly competitive market share analysis, research on Investment Cos, and many other reports.
    Key Responsibilities and Accountabilities: 
    • Translate the strategy into feasible operational processes, and communicate it clearly to all stakeholders and make sure that implementation is planned and done in accordance with management guidelines.
    • Participate in the development of the standards, methods, and processes that will characterize the activities of the Group.
    • Monitor and track progress towards strategic objectives and where/why the Group is facing challenges.
    • Perform insight analysis on the Group’s business goals and what factors will contribute to or impede the ability to realize those goals as well as a comparison of competitors' current and future strategies, review of current and future financial needs, and forecasting future economic and clients’ trends.
    • Develop and facilitate communication and reporting channels to support strategic initiatives, which includes team meetings and collect needed feedback  
    • Manage the integration and coordination of projects being implemented, and manage the interdependency issues on the different projects.
    • Ensure sufficient project understanding and maintain regular follow up and communication. 
    • Responsible for periodic reporting related to Strategy Implementation, Business Trends, Profitability, Asset Growth, Portfolio Analysis, Attraction of new clients, Asset Movements, Committee Decisions, Cross Sell activities, Updated forecasts, Market share, Market intelligence, and other ad hoc reporting.
    • Ensure that appointed staffs in the Strategy and PMO unit are adequately skilled and capable of performing the relevant functions, and to ensure that all relevant implementation tools are updated and refined where Mentor, coach, delegate, and supervise subordinate business analysts to ensure adequate analysis and management reporting.
    Educational Qualifications and Experience:
    • Bachelor's degree in economics, finance, or business administration.  
    • Master's and CFA are considered valuable.
    • Minimum 15 to 20  years of experience in business related field (preferable in the financial sector)
    • Be able to analyze and report the strengths (weaknesses) of the Group and scan the opportunities (threats) in the environment to aid in the strategic planning for the Group.
    • Have effective communication skills, to communicate ideas and reports that are thoroughly understood.
    • Interpersonal skills are critical since job involves extensive internal and external relationships / communication.
    • Exhibit adequate skills in planning, coordination, design, implementation, problem solving, decision making, assessing and evaluating.
    • Leadership, Analytical thinking, Attention to detail & Time Management
    • Microsoft Office (Word, Excel, Visio, PowerPoint).