Description
We are seeking a Country Business Head to lead our Trust and Securities Services (TSS) franchise in Saudi Arabia. You will be responsible for the P&L, client strategy, regulatory and market engagement, and delivery of the local business plan aligned to regional and global objectives.
Key Responsibilities:
- Own the P&L for the local TSS book of accounts and drive delivery of business objectives.
- Lead the local team to execute strategy and ensure alignment with broader bank and TSS goals.
- Manage key client relationships through regular engagement, service reviews, and resolution of day-to-day queries and escalations.
- Deliver monthly/quarterly/annual MIS and executive updates, including strategic materials.
- Serve as local point of contact with regulators and authorities on custody and post-trade matters.
- Maintain relationships with market participants and manage the brokerage community.
- Partner with TSS Product to develop and enhance the custody/service offering.
- Act as SME for post-trade settlement, liaising between global product teams and local market needs.
- Coordinate with Operations/back office to ensure smooth processing, reconciliation, timely settlement, and issue resolution.
- Drive risk management and control environment, including audit readiness, risk assessments, and business continuity planning.
- Oversee client onboarding and documentation.
- Support growth through sales enablement.
Requirements:
- 15+ years of experience, with at least 5 years in securities services, post-trade business.
- Saudi CME Exam cleared.
- In-depth knowledge of clearing and settlement, global custody, fund administration processes, depository receipts, agency services.
- Ability to work to critical deadlines and manage priorities with internal key stakeholders.
- Possess skills for relationship management, teamwork, and IT systems.
- Ability to manage complex projects and client demands.
- Self-driven and motivated, able to motivate and influence others.
- Experience at an international banking institution.
- Middle East experience or regional coverage advantageous.
- English with Arabic language skills advantageous.
What we offer:
- Life insurance, accidental death insurance, permanent partial disability insurance.
- Private medical insurance for you, your spouse, and dependent children.
- Flexible working arrangements.
- 30 days of annual paid leave, plus public holidays and flexible working arrangements.
- DB contributions to Employee Workplace Savings "Gosi" plan (for Saudi nationals only).