Senior Manager – Asset Backed and Real Estate Finance (Qatarization)

Company: Full Time Qatar National Bank (QNB) Sector: Accounting, Finance & Banking
  • Date Posted : July 11, 2024
  • Salary: Negotiable

About the job

Job Purpose Summary::

The incumbent will be responsible for initiation, preparation, processing and execution of Global Structured Finance transactions for the Group’s Private, Corporate and Institutional (including government) clientele and thereby facilitating growth and expansion of the Corporate Banking business. He / she will act as the Transaction Officer who will be primarily responsible to ensure timely and proper execution of Global Structured Finance transactions assigned to him/ her by the SVP of Asset Backed & Real Estate Finance and EVP of Global Structured Finance. He / she will also be responsible for undertaking special tasks and assignments given by the SVP of Asset Backed & Real Estate Finance and EVP of Global Structured Finance.

Job Description ::

Essential Duties & Responsibilities By Dimensions

  • Shareholder & Financial:
  • Proactively participate in the formulation and implementation of strategies, business plans and budgets of the Unit in line with overall objectives of QNB Group.
  • Support the SVP of Asset Backed & Real Estate Finance in the development of Key Performance Indicators (KPIs) for the purpose of performance monitoring and quality measurement of the Global Structured Finance Unit and monitor Unit’s achievements on periodic basis.
  • Meet the Unit’s target budget and achieve all volume, revenue, and profit targets for Global Structured Finance related transactions in accordance with QNB’s overall corporate banking budget and strategy.
  • Supports credit related decision making process by ensuring availability of sound and quality information/ analysis necessary for accurate credit risk assessment and mitigation.
  • Observes and promotes cost consciousness and efficiency, and enhance productivity, to minimize costs, avoid wastes, and optimize benefits for the Bank.
  • Manage all aspects of assigned transactions and products to maximize product potential and profitability. Implements KPI’s and best practices for Senior Manager Asset Backed and Real Estate Finance
  • Promote cost consciousness and efficiency and enhance productivity, to minimise cost, avoid waste, and optimise benefits for the bank.
  • Act within the limits of the powers delegated to the incumbent
  • Customer (Internal & External):
  • Primarily responsible for collection, analysis and storage of relevant business, financial and operational information on the Unit’s borrowers, transactions and bank counterparties and correspondents as required by KYC and other bank and regulatory policies and procedures.
  • Conducts proactive gathering, analysis and reporting of market and business information (current market conditions and trends, competitor actions, customer preferences as well as other market and industry developments) through regularly interaction with key market participants (banks, major corporations, government entities) to collect general market intelligence and obtain feedback on QNB’s position and stature in the local, regional and international markets. Ensures that relevant information obtained is provided to the concerned parties in the Bank for necessary action if any.
  • Initiates, maintains and deepens relationships with banks, financial institutions, project sponsors and other market players who are active in Asset Backed & Real Estate Finance in order to ensure QNB is well positioned to identify future business opportunities, benefit from business potential and meet business objectives related to Global

Structured Finance activities.

  • Continually keep abreast with the local, regional and international financial markets and economic environment to be informed about potential projects that could translate into possible business opportunities for the QNB Group.
  • Maintains good team work, provide support, assistance and cooperation with other members of Global Structured

Finance, both domestically and internationally.

  • Builds and maintains strong and effective relationships with all other related units to achieve Group’s goals/objectives.
  • Ensures prompt and efficient solution of operational and administrative problems and provides quick and satisfactory response on queries of customers and counterparties when required.
  • Provides timely and accurate information to Group’s senior management, external and internal auditors and the

Education/Experience Requirements::

  • University graduate (bachelor) with High Scholastic Achievements.
  • Major in Law, Banking, Finance, Accounting, Economics, Business Administration or Marketing required.
  • MBA preferred but not required
  • At least 8 years of relevant experience in a corporate banking industry or related fields.
  • Well-informed of the market dynamics and competitive structure, industry environment, practices and rules and regulations for the corporate banking customer segment.

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