Manager, Financial Institutions Group (based in Riyadh)

Our client is a major name in the Saudi Arabian banking sector and is one of the largest joint stock companies in the Kingdom. As part of an exciting expansion of its activities, it has a requirement for an experienced Manager to run its Financial Institutions Group, reporting in to the GM, Corporate Banking Operations.

JOB DESCRIPTION & RESPONSIBILITIES

Contract international banking account transactions and arrangements, such as Letters of Credit, Payment Guarantees, Cheques, Drafts and Documentary Collections.

As a senior member of the Corporate Banking department team, contribute to the formulation and implementation of the Corporate Banking strategy and plans as befitting the department and business line needs and objectives.

Direct the day-to-day operations of the Financial Institutions department, providing expertise, encouraging and ensuring teamwork, aligning work processes in order to achieve high performance standards, meet established targets, objectives and employee engagement in a motivated work environment, liaising with internal and external parties, as necessary, to facilitate the flow of business.

Exercise financial authority within established limits and control departmental budget expenditure.

Manage the overall relationships between Al Rajhi Bank and foreign banks globally.

Act as information resource for other bank departments for PR purposes.

Act as reference point, providing professional advice to senior management on international issues, relations and competitor activities.

Create credit lines for foreign banks in co-operation with the Credit department.

Promote the Bank’s products and services such as Trade, Treasury and Remittances with foreign banks.

Maintain the Anti Money Laundering (AML), Know Your Customer (KYC) and Compliance requirements for transactions between the Bank and foreign banks, as set by international compliance institutions.

Interested parties should forward their CVs to Richard Arthur at JJ Associates quoting reference VR/00886:

Email: richard@jj-associates.co.uk

Tel: 44 (0)20 7623 1122