Head of Group Custody

1 day ago

Doha, Qatar Westbourne Partners Full time

Posted by:
Max Baulf

Recruiter

View profile & contact

The Head of Group Custody will be responsible for the development and implementation of a Group Custody strategy, in alignment with the Group’s global strategy. The incumbent will lead and oversee the on-going development and automation of the Group Custody department, (front and back
- office), by selecting suitable IT systems, implementing systems, planning &, marketing Custody services, coordinating with Regional exchanges. She/he is responsible for the achievement of budgeted Custody-related KPIs, in compliance with established policies, procedures, regulatory obligations, and best practice.

**Responsibilities**:

- Prepares the strategic and business development plans for the Group Custody clearing and settlement.
- Manages the implementation of the strategy and business plan of Group Custody services function to achieve the set volume, revenue, and profit targets.
- Establishes and leads various committees which will (a) plan and execute the expansion of the Global Custody business, (b) monitor performance against Group Custody KPIs and (c) have risk-management oversight over all Custody-related activity, across all Group entities, worldwide.
- Develops Key Performance Indicators (KPIs), for the purpose of performance monitoring, quality measurement and monitor staff achievements on a periodic basis.
- Manages the implementation of Group Custody Clearing and settlement best practices across all activities business / operations, worldwide, to promote efficiencies in work processes, ultimately resulting in increased customer satisfaction.
- Recommends appropriate pricing structures/ policies for the different Group Custody products and services, across the Group.
- Identifies new business opportunities, worldwide, and thereby facilitates global growth.
- Fulfill the commitments as per QE custody agreement i.e. (i) using its reasonable efforts to advertise, market and promote securities trading on the Qatar Exchange in order to maximize market liquidity and quality. Marketing commitment; (a) to support client awareness sessions in major financial centres; (b) to include references to the Qatar Exchange and the Qatari financial markets in relevant publications to their clients on an international level; and (ii) supporting the development of a delivery versus payment (DVP) securities settlement system, the migration of cash settlement of Trades to central bank money settlement (CeBM) and, ultimately, to central counterparty clearing (CCP)
- Ensure all the custody records are maintained as per QE / QFMA / respective market/ sub custodian rules and regulations.
- Ensure that all trades are settled on time and that no penalties are imposed for unsettled / late-settled trades.
- Support the selection process for the optimal IT system(s) for Group Custody services and participate in system implementation, straight-through processing by using interface with core banking, Swift systems.
- Ensures the provision of value added products and services to existing/new potential client who seek Custody services relationships with the Group and meeting/ exceeding their service expectations.
- Maintains relationships with the existing customer base as well as originating new ones..
- Maintains strong and effective relationships with all key external entities (such as Custodians, Auditors, Trustees, Fund Managers, clients, sub-custodians, brokersetc to achieve Group Custody’s functional goals/objectives.
- Ensures that Group Custody provides timely and accurate information to the external and internal auditors, the Group Compliance function, and Group Risk as and when required.
- Co-ordinates with other bank sub-custodian / regional exchanges / sub-custodian for the timely processing of settlements.
- Co-ordinate with the Custody Operations & Settlement on the timely and accurate processing of settlements in accordance with the market / regulatory requirement within the time frame.
- Chairs various other risk-monitoring committees, whereby appropriate risk controls are to be applied to all Custody-related activity, worldwide, across all Group entities.
- Leads, mentors and motivates the Group Custody team to enhance service quality and meet assigned financial and non-financial targets.
- Provides technical expertise and guidance to settlements area, as and when required for smooth operational functions.
- Develops custody proposals for new institutional / HNI clients
- Manages the process pertaining to Custody, clearing, settlement & customer reporting
- Manages the process of selection of sub-custodian in the Arabian Gulf, as well as worldwide, in consultation with GM AWM.
- Monitors and controls the worldwide Group Custody function periodically to ensure targets are met, corrective measures implemented on a timely basis and to gauge the delivery of quality and performance..
- Instills fair dealing principle among Group Custody staff
- Reviews periodic MIS rep

  • Qnb2901 - Senior Associate - Custody Client

    1 day ago

    Doha, Qatar QNB Full time

    QNB2901 - Senior Associate - Custody Client Management and Business Development About QNB Established in 1964 as the country's first Qatari-owned commercial bank, QNB Group has steadily grown to become the largest bank in the Middle East and Africa (MEA) region. QNB Group's presence through its subsidiaries and associate companies extends to more than 31...

  • Assistant Vice President Custody Client Management

    1 day ago

    Doha, Qatar Talent Pal Full time

    Business Unit: QNB - Qatar - Division: Asset & Wealth Management - Department: Asset & Wealth Management - Country: Qatar - Closing Date: 31-Dec-2024 - About QNB - Established in 1964 as the country’s first Qatari-owned commercial bank, QNB Group has steadily grown to become the largest bank in the Middle East and Africa (MEA) region. QNB Group’s...

  • Senior Associate

    2 days ago

    Doha, Qatar Qatar National Bank Full time

    Role Summary The incumbent is primarily responsible for providing effective support to the Client Management and Business Development team. The incumbent will be responsible for proactively assisting in managing client relationships (within the delegated authority), assist in on boarding/off boarding (client life cycle management), answering queries from...

  • Groups Manager

    3 days ago

    Doha, Qatar Rosewood Hotel Group Full time

    **General Information**: - Country/Region- Qatar- Province/City- Doha- Location- Rosewood Doha- Department- Sales & Marketing- Job Type- Full-time Permanent**Job summary** Manage the relationship, saturation, and penetration of a portfolio of accounts based on the allocated geographical market/segment. Practice total account management maintaining and...

  • Group HR

    1 day ago

    Doha, Qatar Al Jassim Group Full time

    Al Jassim Group is seeking a service-oriented and self-motivated professional to join our HR team as a Group HR & Admin Manager. **Functional Responsibilities** - Responsible for overall operation and functions of group human resource and admin department that includes, recruitment, performance management, training and development, legal and administrative...

  • Head Chef

    9 hours ago

    Doha, Qatar Rise Group Full time

    Previous experience as a Head Chef or Sous Chef in a restaurant or hotel is required - Knowledgeable in different international cuisines - Visa sponsorship must be transferable for local hires (No freelance) - Knowledge of Food Safety standards is an advantage ** PREVIOUS APPLICANTS NEED NOT APPLY AGAIN ** **Job Types**: Full-time, Permanent Application...

  • Head Sushi Chef

    9 hours ago

    Doha, Qatar Rise Group Full time

    Previous experience as Head Sushi Chef in a restaurant or hotel is required - Knowledge of different international cuisines is an advantage - Visa sponsorship must be transferable for local hires (No freelance) - Knowledge of Food Safety standards is an advantage ** PREVIOUS APPLICANTS NEED NOT APPLY AGAIN ** **Job Types**: Full-time,...

  • Associate Director, Strategy Development

    2 days ago

    Doha, Qatar Ooredoo Group of Companies Full time

    Role Overview The Group Strategy team is charged with leading strategy development for the Group and ensuring the proper cascade and coordination with the various teams (Group and OpCo). This role will be responsible for supporting the strategic development of the Group as well as supporting the strategic planning & performance management process, engaging...

  • Director, Voice, Roaming

    2 days ago

    Doha, Qatar Ooredoo Group of Companies Full time

    Background Ooredoo Group’s Wholesale Voice, Roaming & messaging functions are critical in ensuring seamless customer experience for Ooredoo’s retail customers by providing access to international partners to deliver best quality, optimum cost, efficiency and standardisation in international wholesale services for Ooredoo Group OpCos This role has...

  • Executive / Head Pastry Chef (Read Details)

    5 days ago

    Doha, Qatar Rise Group Full time

    Position: Executive or Head Pastry Chef Starting Monthly Salary: QAR 8,000 - QAR 10,000 (Full package / All in) - Experience as an Executive Pastry Chef or Head Pastry Chef from a reputable restaurant, hotel or patisserie in GCC, Europe or America **is required**: - Knowledge of Food Safety standards is a must - Must be able to lead the full pastry...

  • Head Chef

    2 days ago

    Doha, Qatar Rise Group Full time

    Previous experience as Head Sushi Chef in a restaurant or hotel is required - Knowledge of different international cuisines is an advantage - Visa sponsorship must be transferable for local hires (No freelance) - Knowledge of Food Safety standards is an advantage ** PREVIOUS APPLICANTS NEED NOT APPLY AGAIN ** **Job Types**: Full-time,...

  • Group HR

    1 week ago

    Doha, Qatar Al Jassim Group Full time

    Job description The Al Jassim Group is seeking a 15+ Year of service-oriented and self-motivated professional to join our HR team as a Group HR & Admin Manager. Functional Responsibilities Responsible for overall operation and functions of group human resource and admin department that includes, recruitment, performance management, training and...

  • Head Chef

    2 days ago

    Doha, Qatar Rise Group Full time

    Previous experience as a Head Chef or Sous Chef in a restaurant or hotel is required - Knowledgeable in different international cuisines - Visa sponsorship must be transferable for local hires (No freelance) - Knowledge of Food Safety standards is an advantage ** PREVIOUS APPLICANTS NEED NOT APPLY AGAIN ** **Job Types**: Full-time, Permanent Application...

  • Dynamic and Creative Head Pastry Chef

    6 days ago

    Doha, Qatar Rise Group Full time

    Previous experience as an Executive Pastry Chef or Head Pastry Chef from a reputable restaurant or hotel is required - **Must be highly creative with up-to-date and trendy creations**: - Knowledge of Food Safety standards is a must - Must be presentable and of good personal hygiene - Must be able to lead the pastry operations in a group of restaurants -...

  • Turkish Head Chef

    3 days ago

    Doha, Qatar Al-hattab Group of Companies Full time

    Turkish Head Chef / Executive Chef Job Descriptions: - Design and plan menus that align with the restaurant's concept, seasonal ingredients, and customer preferences. - Lead, train, and schedule kitchen staff, ensuring they adhere to recipes, portion control, and hygiene standards. - Oversee food preparation and cooking, ensuring dishes are prepared to...

  • Senior Academic Auditors for Ib School in Doha, QAtar

    2 days ago

    Doha, Qatar Taleb Group of School Full time

    **Exciting Career Opportunity for Experienced Principals with IB Expertise** **Location**: Doha, Qatar | **Status**: Full-time | **Salary**:QAR 25,000/Monthly **Taleb Group of Schools** (Alpha Cambridge, Beta Cambridge, The Cambridge School, The Cambridge International School) is seeking dynamic and experienced professionals for the position of: **Senior...

  • Group Sales Officer

    4 days ago

    Doha, Qatar Qatar Airways Full time

    We are pleased to announce an incredibly exciting opportunity to join our Africa Commercial Regional team in Doha as Groups Sales Officer. Job Purpose Responsible for supporting Group Sales fuctions across countries in the assigned region, ensuring all revenue opportunities through Groups Business are realised and actively seek new opportunities resulting...

  • Head Chef

    1 day ago

    Doha, Qatar Rise Group Full time

    Head Chef **Starting Monthly Salary**: QRA 8,000 - QAR 10,000 (Full package / all in) **Key Responsibilities**: Menu Development and Innovation: - Create, develop, and continuously update menus that showcase creativity, innovation, and cater to varying dietary preferences. - Research food trends and incorporate them into the restaurant's offerings to...

  • Senior Manager, Innovation Sharing

    1 day ago

    Doha, Qatar Ooredoo Group of Companies Full time

    Purpose & Context With substantially growing data usage, the need to expand network capacities which adds operating costs and capital spend without being able for most instances to monetize on the additional data usage, wireless operators also see a heightened pressure on their operations cost with a need to optimize spend across the board to maintain...

  • Cook / Commis / Cdp Chef de Partie / Head Chef

    7 days ago

    Doha, Qatar Rise Group Full time

    Starting Basic Salary**:QAR 2,000 - QAR 6,000** (based on experience and skills) - **Cook / Commis QAR 2,000 - QAR 2,200**: - **Demi Chef QAR 2,400**: - **Chef de Partie QAR 2,500 - QAR 3,500**: - **Sous Chef QAR 5,000**: - **Head Chef QAR 6,000** Free Shared Accommodation, Transportation and 1 Duty Meal - Previous experience in a reputable restaurant...