Chief of Operations and Finance, Asset Management, MENA

Job description

Job description

Chief of Operations & Finance – Asset Management, MENA – 0000KQD2

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HSBC Asset Management is the investment management business of the HSBC Group. We invest on behalf of retail and private banking clients, financial intermediaries, corporate and institutional investors globally. Our investment offering covers all asset classes across equities, fixed income, liquidity, multi-asset, and alternative investment asset classes. We manage these across active and passive management, smart beta and factor-based investing. Assets under Management in excess of USD $700 billion on behalf of our clients. 
HSBC Asset Management is building the local Middle East distribution team with the addition of a Chief of Operations & Finance (CoO&F) role. The purpose of the role is to lead and assume overall responsibility for all office operations, support & finance related activities of AM MENA office for ensuring they are both effectively & efficiently managed to support business growth. 
In this role, you will:
•    Be a member of the management committee and as senior manager of the company, jointly with other senior managers, be responsible for the company fulfilling its fiduciary, compliance, and legal obligations, and to share responsibility for the decision-making capability of the company with respect to the strategic direction of its remit.
•    Develop, implement, and then administer a market competitive operation & support structure which delivers a market competitive & cost-efficient support service to the business. 
•    Re-evaluating the appropriateness of the business structure on a periodic basis
•    Maintain financial control of the business, P&L management, budget management, cost control, financial reporting and ensuring the delivery and ongoing management of annual operating plan.
•    Deputise for the AM MENA CEO in their absence.
•    Plan, co-ordinate & manage the business contingency planning to ensure business continuity during contingency situations.
•    Be responsible for overseeing the infrastructure and IT support provided by various parts of the HSBC Group.
•    Be responsible for Financial Reporting and ensure costs are managed in line with strategy and annual operating plans.

Requirements

To be successful in the role, you should meet the following requirements:

•    Graduation degree is a must – to secure a UAE Visa and Work Permit.
•    Seasoned professional with experience in a leadership position, ideally within a global financial services organization with an understanding of middle/back-office operations and finance. 
•    Experience of building, developing and leading a team, including experience maximizing efficiencies and meeting operating budgets.
•    Experience of working with asset management products.
•    Experience of managing within a complex matrix environment.
•    Experience in both first and second lines with evidenced experience in understanding the voice of the customer.
•    Experience of dealing with regulatory matters and confident interaction with Regulators.
•    Proven ability to engage with senior management, clients, regulators, auditors and examiners proactively and constructively.
•    Good quantitative knowledge and experience; understanding of operational risks and controls.
•    Experience and agility in managing and engaging with the local work environment, culture, and language.

For further details and application information please visit our careers site, searching under reference number 0000KQD2.

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