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Financial Institution Manager

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Welcome to Al Rayan Bank, the longest established and most successful Islamic bank in the UK.

Al Rayan Bank is an extraordinary and flourishing institution that celebrates diversity and values ethics. As a prominent member of the Masraf Al Rayan Group, one of the largest bank's in Qatar, we are fuelled by an unwavering ambition for excellence, promising you an exhilarating journey ahead.

At Al Rayan Bank, we embrace change as an opportunity for positive transformation. Currently, our focus lies on building a culture of inclusivity and diversity, creating an environment where every

individual's unique perspectives are valued.

We understand the importance of work-life balance and flexibility, and we are committed to empowering our employees to thrive both personally and professionally.

The Bank is going through the most successful period in its history, and this success is a testament to the hard work, dedication, and expertise of our incredible team. Join us on this exciting venture, where you'll have the chance to make a significant impact while enjoying a supportive and rewarding work environment.

Come and join us and be part of something extraordinary.

We have a fantastic opportunity for a Financial Institution Manager at our London Office. The Financial Institution Manager will cultivate, oversee, and execute the relationship management strategy for financial institution, corporate and wholesale clients, counterparts and vendors, collaborating with both internal teams and external partners to enhance the wholesale services offerings in alignment with overarching goals and strategic objectives.

Key Responsibilities

  • Proactively manage and monitor Treasury accounts, including ongoing KYC and due diligence for clients, counterparts and vendors, and maintain records of communications, meetings, and agreements.
  • Partner with internal stakeholders including but not limited to Finance and Product Management teams to optimise the Bank's funding book by reducing the cost, improving the duration mix, and retaining the flow consistency while taking a holistic view on the Bank's overall liquidity & funding requirements.
  • Maintain robust and effective sales plans for the short, medium, and long term to support the achievement of the Wholesale Funding strategy and targets and regularly review progress against plan and targets focusing on retention and new business acquisition.
  • Facilitate the smooth functioning of ALCO meetings by coordinating schedules, preparing agendas, documentation packs, and minutes, and ensuring timely follow-up on action points. Ultimately contributing to the effective governance and decision-making processes within the Bank.
  • Lead the wholesale funding meetings and actively contribute to related subcommittees and working groups, including the Product and Pricing Development Group (PPDG) by providing precise and up-to-date information on the Bank's funding book to ensure that Wholesale Funding remains aligned with the broader commercial and risk objectives of the business.
  • Establish and maintain effective relationships and deliver outstanding service with the Bank's strategic partners, ensuring that we offer differentiation and demonstrate the Bank's values to its counterparties and promoting loyalty to the Bank.
  • Exhibit proficiency in Treasury operations encompassing cash monitoring, foreign exchange (FX), Sukuk, and derivatives, demonstrating a fair understanding of these process and financial instruments by offering support to Front Office endeavours whenever required.
  • Build and develop relationships with key stakeholders at all levels within the Bank, ensuring effective and collaborative partnerships to deliver the Bank's strategic objectives.

Qualifications & Experience

  • Significant Wholesale Funding and FI experience.
  • Proven experience of successfully achieving sales targets and delivering profitable business in a sales environment
  • Good understanding of system and regulations in relation to wholesale funding market.
  • Excellent oral and written communication, facilitation skills and ability to present confidently and to engage and manage stakeholders, developing relationships at all levels effectively.
  • Good Financial Markets awareness especially on the UK domestic market.

Knowledge & Skills

  • Continue to, develop and execute the wholesale funding management strategy attracting new CPs from a variety of sectors.
  • Deliver the strategy agreed with senior colleagues to meet the bank's growth in wholesale funding liabilities.
  • Able to demonstrate interpersonal skills required to develop close relationships with both internal and external stakeholders.
  • Have excellent communication, relationship management and sales skills to proactively develop new business on an ongoing basis.
  • Positively represent the Bank and promote the brand.
  • Maintain strong and positive working relationships and communicate effectively with prospects, customers and colleagues.

Behavioural Competencies

You will be required to demonstrate our 1Team values and associated behaviours which are outlined below:

  • Trusted to do the right thing
    To act with total integrity. Put the customer first and stick to our promises.
  • Empowered to own
    To embrace change, take responsibility and ask for help when needed.
  • Able to deliver
    To draw on each other's strengths and believe in 'no blame' and 'no ego's'. Show resilience.
  • Motivated to succeed

To be passionate about our work. Look for opportunities to learn and grow and celebrate each other's success.

Conduct

We expect staff to follow the standards required by our regulators. At all times:

  • Act with integrity
  • Act with due skill, care and diligence
  • Be open and co-operative with regulators
  • Pay due regard to the interests of customers and colleagues and treat them fairly
  • Observe proper standards of market conduct
  • Act to deliver good outcomes for retail customers

This is a fantastic opportunity to join our growing bank where we can offer exceptional opportunities for you to make your mark and progress your career in a diverse, ethical bank that you can actually believe in.

Empowering your career, together we'll deliver banking you can believe in.

Financial Institution Manager

Al Rayan Bank
London, UK
Full-Time

Published on 05/09/2024

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