Head of Brokerage
IRM Solutions
Muscat, Oman
Ref: HP497-162
IRM Solutions

The Role


The Role


Leading Innovative Bank is currently seeking a Head for their Brokerage department in Muscat.

Responsible for maintaining the leadership position of Bank brokerage business in terms of market share, volumes, profits, etc and ensure continuous growth.

• Develop and implement long and short term strategies for the brokerage business including preparation of business plans and annual budgets
• Achieve business targets in terms of volumes, market share and profits across all business segments
• Plan and implement the development of the brokerage business to foreign/ domestic institutions, corporate bodies and High Net Worth (HNW) individuals
• Be the primary contact/ focal point with Foreign Institutional Investors and build a strong foreign institutional customer base
• Plan and lead the development of new service delivery channels and other tie-ups to enhance market share
• Leverage synergies from the existing cross-border investments of the Bank and spearhead expansion into the region
• Maintain and develop excellent relationships with important customers
• Formulate & review training programs and the ongoing product/ other relevant refreshers for the brokerage team
• Ensure the business is run in compliance with all local/ international regulations

Requirements


Requirements


Requirements:

• Professionally qualified - MBA/ CA/ CFA
• 15 – 20 years experience in a large/ leading brokerage house with at least 5 years in Institutional brokerage in the capacity of heading the Institutional brokerage business with exposure to different markets
• Excellent communication and relationship management skills
• Ability to lead and motivate a team

Salary:

The bank offers an attractive salary based upon qualifications and experience.

If interested in this excellent opportunity, please apply now online. Shortlisted candidates will be contacted within 48 hrs.

About the Company


About the Company


IRM Solutions is one of the UK's leading professional recruitment consultancy, recruiting into permanent, temporary and contract jobs for the financial services sector with an international outlook.

We cover many sectors within the financial services spectrum offering careers & employment opportunities in Investment Banking, Asset Management, Private Banking & Wealth Management, Retail Banking, Mortgages, Insurance & Finance.

This Position is closed or expired