QNB- Assistant Vice President Project and Acquisition Finance; Qatarization

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3610 - Assistant Vice President Project and Acquisition Finance (Qatarization) at QNB Group.

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. The incumbent 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 Project & Acquisition Finance and EVP of Global Structured Finance.

The incumbent will also be responsible for undertaking special tasks and assignments given by the SVP of Project & Acquisition Finance and EVP of Global Structured Finance.

• 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 Project & Acquisition Finance in developing KPIs for the Global Structured Finance Unit and monitor unit’s achievements on a 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.
• Support credit related decision making process by ensuring availability of sound and quality information and analysis necessary for accurate credit risk assessment and mitigation.
• Observe and promote cost consciousness and efficiency, and enhance productivity to minimize costs, avoid waste, and optimize benefits for the Bank.
• Manage all aspects of assigned transactions and products to maximize product potential and profitability. Implement KPI’s and best practices for AVP Project and Acquisition Finance.
• Act within the limits of the powers delegated to the incumbent.
• Primarily responsible for collection, analysis and storage of relevant business, financial and operational information on the Unit’s borrowers, transactions and bank counter parties and correspondents as required by KYC and other bank and regulatory policies and procedures.
• Conduct 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 to collect general market intelligence and obtain feedback on QNB's position and stature in the local, regional and international markets.
• Initiate, maintain and deepen relationships with banks, financial institutions, project sponsors and other market players who are active in Project & Acquisition Finance 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 of 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.
• Maintain good teamwork, provide support, assistance and cooperation with other members of Global Structured Finance, both domestically and internationally.
• Build and maintain strong and effective relationships with all other related units to achieve Group’s goals and objectives.
• Ensure prompt and efficient solution of operational and administrative problems and provide quick and satisfactory response on queries of customers and counter parties when required.
• Provide timely and accurate information to Group’s senior management, external and internal auditors and the Group’s compliance functions when required.
• Maintain activities in accordance with Service Level Agreements (SLAs) with internal departments/units to achieve improvements in turn-around time.
• Provide timely/accurate data to external/internal Auditors, Compliance, Financial Control and Risk when required.
• Responsible for regular and proactive…