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Deputy Chief Executive Officer - Prestigious Bank

MARKET TALENT
Posted 11 hours ago, valid for 5 days
Location

London, Greater London EC1R 0WX

Salary

£48,000 - £57,600 per annum

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Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • A prestigious banking client is seeking a Deputy CEO to lead their London branch and manage key divisions such as compliance, finance, and customer services.
  • The role involves enhancing relationships with high-net-worth clients from the Middle East and GCC, with a target of increasing the balance sheet by 6% to 10% annually.
  • Candidates must have a minimum of 10 years of relevant experience and fluency in Arabic is preferred.
  • The position offers a competitive salary of £200,000 per year, along with additional benefits.
  • The Deputy CEO will also ensure compliance with regulations and oversee the overall operations of the bank.

Prestigious banking client is seeking a Deputy CEO to become a key driving force and become a successor to the banks London branch. You will be a key contact with the HNW Middle Eastern/GCC client base with a wider remit of managing various key divisions including compliance, finance, lending and customer services. You will deputising for the Bank's UK CEO ad hold full responsibility for the administration, direction, development and the overall day to day operations. The use of the Arabic language is preferable.

Primarily responsible for the following.

  • To manage and enhance relationships with existing and potential new customers. Enhancing the balance sheet by 6% -10% per annum.
  • To oversee the efficient and compliant running of all Departments of the Bank.
  • To lead divisional heads, MLRO, Head of Credit, Head of CS, Head of Finance, Head of Treasury
  • To be a member of the Management Committee which monitors all activities and liquidity interest rates and foreign exchange business and ensure FCA, Bank of England and Head Office requirements are respected.
  • To particularly oversee and monitor the Credit Area and to evaluate the level of Risk involved in the extension of Credit to Customers and give advice on the operational feasibility of loan proposals to Management and to Head Office. Regular briefing with Credit Department and attendance at credit meetings. Oversight of credit applications and reviews.
  • To monitor the overall profitable use of the banks financial resources.
  • To ensure business is conducted in accordance with the existing Procedures as defined in the Bank’s Procedure Manual applicable to all Key Departments of the Bank.
  • To review Operating Procedures and recommend revision where appropriate and review services and maintain contact with others in the market to keep Head Office and Country Manager- London advised of all developments in operational procedures and services in London. Receipt and analysis of market and regulatory notices. Daily liaison with departments to ensure orderly and efficient running of the Bank
  • To ensure the Operations and Banking Business Compliance and Accountancy is in compliance with the Banks Procedures and Standing instructions issued by Management and/or Head Office and which thoroughly protect and control the Branches Assets and Liabilities i.e. to ensure good management of our resources, and disposition thereof.
  • To ensure the Branch’s Balance Sheet is understood and to monitor closely any fluctuations.
  • To assist and develop special projects as directed by Management
  • Internal Audits - to ensure early response and that recommendations are carried out.
  • Contingency planning in case of breakdowns.
  • Ensure compliance with regulations/requirements of the Data Protection Act 1998 and update Management and staff with any/all changes in this field.
  • Adherence to controls and security as detailed in the Bank computer procedure manual.
  • To oversee and monitor all matters of a legal nature affecting the Banks business in conjunction with Management.
  • To monitor problems/complaints highlighted internally and/or externally by queries from Branches, Correspondents and Customers and to ensure speedy and appropriate action is taken.
  • Verifications are performed in a timely manner and in accordance with controls and procedures.
  • To ensure compliance with standing instructions and memos issued by the FCA, and Head Office.
  • To ensure Compliance with:

-Bank Operational Procedures, and written Management instruction

-UK Law and Legal Practices

-Bank of England

-FCA

-Inland Revenue

-Other local and international authorities

  • You will be a Member of the weekly Management Committee and monthly Credit Risk Committee and Management Committee which monitors all activities and liquidity interest rates and foreign exchange business and ensure FCA, Bank of England and Head Office requirements are respected.

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.