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Chief Operating Officer

20.00 to 21.00 Years   Other - Bahrain   27 Sep, 2019
Job LocationOther - Bahrain
EducationAny Graduation.
SalaryNot Mentioned
IndustryBanking / Financial Services / Broking
Functional AreaNot Mentioned

Job Description

Financial Control Ensure timely preparation/submission of financial and related regulatory reports. Ensure compliance with account standards and regulatory requirements. Coordinate with external auditors and Central Bank of Bahrain (CBB) for financial and relatedregulatory reporting. Review performance of group entities against budgets/plans and keep management informed. Enhance internal controls.Strategic Planning Preparation of budget and business plans. Measure the performance of business units, distribution channels (branches), products, etc.against budget reporting /plans. Ensure timely generation of management reports highlighting key performance indicators andidentifying deficiencies in business unit?s performance and areas for improvements. Ensure that expenses and major capital projects are within plans/budget; and constantlyidentify/recommend measure for cost control/reduction.Banking Operations Ensure adherence to policies and procedures for all areas of banking operations. Ensure that all transactions of the Bank and that of customers are processed, recorded anddisclosed in accordance with the best practices and accounting standards. Ensure compliance with applicable CBB regulations.Information Technology and Administrations Ensure that the Bank has robust disaster recovery/contingency plan. Ensure secured access/robust firewalls for all systems/channels in the Bank. Ensure that the business growth and related support functions are supported by advancementin required technology solutions. Ensure that all vital records are maintained and backed up, in accordance with the applicablelaws.Legal Affairs (Local) Ensure that Bank?s rights and interests are always protected. Approve Bank?s legal/contractual documentation with staff, customers and third parties. Ensure compliance with Commercial Companies Law. Provide in-house legal opinion on any matters requested by the management. Provide support in conduct of Annual General Meetings/Extra Ordinary General Meetings.Asset Management Manage Bank?s existing investment portfolio. Identify investment exit alternatives with emphasis on retaining the investment value. Identify alternatives to restructure the existing investment holdings by divestment or spin-off.

Keyskills :
Chief Operating Officer

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