Head of Research & Economics

The role holder is responsible for leading the Economics and Research department and overseeing the development and execution of the Economics and Research group

Key Responsibilities

  • Identify areas of research that will result in meaningful and impactful reports that provide input into economic thinking.
  • Contribute to a wide range of issues that span different branches of economics by providing analysis, policy and program design and capacity development.
  • Lead on development and implementation of research strategy, ensuring that individual programs and projects: are consistent with overall strategy, are creative and rigorous and will have tangible impact and influence.
  • Lead a team to conduct detailed economic analysis, using robust methodology and make recommendations based on research.
  • Provide economic expertise to Board Directors as required.

People Management Responsibilities

  • Define goals and key performance indicators for all direct reports and ensures effective implementation of the performance management process.
  • Manage the direct reports by evaluating their performance, providing feedback on an on-going basis, identifying development needs and coaching them to ensure capability development

Qualifications and experience

  • A PhD in macroeconomics, monetary economics, financial economics or a related field such as monetary economics.
  • 12 + years relevant professional experience in an international financial institution – Bank etc. or ministry of finance.
  • Experience in a Research Institute or academia also acceptable.
  • Published in Top Economics and Financial Journals – Desirable.
  • Demonstrated proficiency in quantitative modelling and econometrics to support analysis and policy recommendation.
  • Excellent interpersonal communication and writing skills.

 


Head of Enforcement – Bank Regulator

Strategic

  • Participate in formulating the overall strategy and objectives
  • Develop the Enforcement strategy and objectives in line with overall strategy and
  • Develop Key Performance Indicators (KPIs) for the Department and its
  • Propose the annual Enforcement budget and participate in the overall Financial Crime, Market Conduct & Consumer Protection Department budget setting in order to ensure resources are available to achieve the objectives and KPIs.
  • Establish a forward-looking supervisory regime to provide Enforcement vis-à-vis financial institutions through effective risk prioritization, identification, and mitigation.

 Operational

  • Receive cases for enforcement from Banking & Insurance Supervision Anti-Money Laundering Department, Market Conduct, Consumer Protection and others as required
  • Assess cases based on information provided by other functions and through own offsite and onsite further examinations
  • Acquire the necessary evidence for possible future litigation
  • Coordinate discussion process with licensed financial institutions, negotiate adequate settlement agreement
  • Recommend penalties and sanctions
  • Provide information to other law enforcement and security agencies, either pro-actively or on request
  • Collaborate with other law enforcement/security agencies and other parties who are authorized to get banking or other relevant information on AML/CFT and solicit collaboration of regulated entities when needed
  • Participate with various agencies and government authorities who carry out some investigation or preparing some reports where input regarding banking activities are provided

People Development

  • Provide leadership and direction to direct reports towards the achievement of goals and
  • Guide and motivate direct reports to enhance performance and produce quality work, and ensure that they are continuously developing for higher level roles.
  • Prepare performance evaluation and appraisal reports of direct reports and identify training needs of team members.
  • Ensure that team members are acquainted with the changing situation and developments.
  • Perform any other duties outside the scope as and when

People Development

  • Provide leadership and direction to direct reports towards the achievement of goals and
  • Guide and motivate direct reports to enhance performance and produce quality work, and ensure that they are continuously developing for higher level roles.
  • Prepare performance evaluation and appraisal reports of direct reports to assess subordinates productivity and progress and identify training needs.
  • Ensure that team members are acquainted with the changing situation and the developments of CBUAE.

Education / Qualifications / Certifications

  • Bachelor or Master Degree in Law, Banking/ Finance or any other discipline
Filed under: Active Assignments

Chief Financial Ombudsman

Key headlines but for a more detailed JD please contact Robin Rowe – rrowe@chatworthrowe.co.uk

JOB PURPOSE

  • Ensure that the Regulation on Establishment of a Financial Complaints Resolution Ombudsman is being followed by licensed Institutions and Insurance Companies.
  • Supervise the conduct of business by regulated entities to ensure it complies with the applicable laws and regulations, informs consumers of their rights that consumer complaints and queries are being addressed/responded to in a fair, timely and efficient manner.

STRATEGIC:

  • Promote the establishment of excellent client relationships, ensuring that the Ombudsman Unit operates with the objective of offering best in class solutions to consumer inquiries and complaints.

OPERATIONAL:

  • Oversee the work of the Ombudsman Unit; including directing, advising, and counselling the staff of the Ombudsman Unit.
  • Work closely with the Chief Operating Officer and Deputy Ombudsman.
  • Work and coordinate with the Board of the Ombudsman Unit and various committees as directed by the Board of the Ombudsman Unit.

PEOPLE DEVELOPMENT:

  • Guide and motivate staff of the Ombudsman Unit to enhance performance and produce quality work and ensure that they are continuously developed for higher level roles.

CANDIDATE POSITION SPECIFICATIONS

Education / Qualifications / Certifications

  • Minimum Bachelor’s degree in a related Business or Finance subject.
  • Master’s degree in Business Administration, Finance, or related field preferred.
  • Professional affiliations / certifications with a recognized institute.

Experience

  • 15 – 20 years of experience with at least 6 years in a similar role.
  • Experience in managing large teams of staff across multiple tasks.
  • Problem Solving & Decision Making Drive for Results
  • Collaboration + People Focus
  • Proven leadership experience in a regulatory or Ombudsman entity.
  • Ability to lead a team of professionals, set strategic priorities, allocate resources effectively, and drive performance.
  • Strong communication skills
  • Excellent written and verbal communication skills for developing reports and communicating with stakeholders.
Filed under: Active Assignments

Chief Legal Counsel UAE

  1. Job Purpose
  • To provide legal advice to the Board, & senior management and departments/divisions/branches/units and ensure compliance with all applicable laws, regulations, and contractual requirements.
  1. Key Accountabilities
  • Participate in strategy formulation exercise by providing input from the perspective of Legal Affairs, ensuring that the unit’s goals and objectives that consider the present and future needs are incorporated in the overall strategy.
  • Manage the development of the policies and procedures framework that will allow the function to effectively meet its objectives and targets, in line with the overall strategy.
  • Participate in investigations committees of violations of policies, rules and regulations, to ensure the compliance of procedures and imposed penalties with the relevant laws and regulations.
  • Develop legal framework, including policies, standards, and processes that safeguard the interests and ensure implementation thereof in line with strategic objectives and global leading practices.
  1. Education / Qualifications / Certifications
  • Bachelor in Law or Master Degree in Law.

Experience

  • 12+ year’s experience with at least 8 of which in a senior position within a legal department of a leading institution.
  • 6+ years of working experience in the UAE, with appropriate familiarity with the local/regional legal framework, administrative, and judicial procedures, principles, and methods.

Language Proficiency

  • Proficient in Arabic and English
Filed under: Active Assignments

Section Head level Actuary/Reviewing Actuary: UAE

The Section Head level Actuary will perform a key role by providing strategic oversight and direction to the team responsible for professional actuarial support services in relation to the effective supervision of regulated insurers. You will direct and manage the actuarial aspects to support the off-site/onsite supervision activities of the UAE regulated institutions to ensure their adherence and compliance to rules and instructions as established. Promote safety and soundness of the insurance industry through continuous assessment of risk in Insurance Institutions.

Qualifications & Experience

Fellow (i.e., fully qualified actuary) from a recognized International Actuarial Association (e.g., The UK Institute & Faculty of Actuaries, The USA Society of Actuaries).
 12-15 years’ relevant experience, of which at least five years should be at a senior level in the insurance industry and/or working experience with financial services regulatory body performing similar duties
 Knowledge of and experience with insurance and reinsurance actuarial issues, including pricing, reserving, investment analysis, capital, Enterprise Risk Management and financial reporting. This should include hands-on experience.
 Experience with and knowledge of the developments in major insurance market regulatory frameworks, Insurance Core Principles and financial reporting.
 Working experience in the UAE, with appropriate familiarity with the UAE market and regulations




Filed under: Active Assignments, News

Strategic Lead – Organization Development UAE

Job Purpose

The role holder is responsible for assisting the Section Head-Organization Development in developing and managing the Human Resource policies and optimizing the organization structure to ensure the achievement of the strategic and operational objectives of the organization.  The role holder is also responsible for working collaboratively with internal stakeholders to identify and analyse issues impacting organisational effectiveness and capabilities

Key Responsibilities

  • Provides advice and consultancy to the Lead for Organization Development on all matters relating to organizational design, workforce planning and its governance to ensure that all structural and design related aspects are aligned towards enhancing team, business units and organizational performance.
  • Ensures maintenance of the organization structure, job families, grading structures and positions in the HR system.
  • Leads the strategies that enhances organizational capabilities to support the creation of a high-performance organization.
  • Develops an outsourcing plan related to the Structure by recommending positions to be outsourced for better efficiency and productivity.
  • Problems are resolved effectively and fosters an effective employer-employee relationship.
  • Provides HR expertise to all levels within the organization by effectively coaching and supporting employees and leaders.
  • Maintains an understanding of relevant best practices in Human Resource Management and accordingly guides the HR team to meet organizational objectives
  • Manages the entire section in the absence of Section Head
  • Performs any other duties outside the scope as and when required.

Qualifications & Experience

  • Bachelor’s Degree in a relevant field – Human Resources Management, Business Administration or a related/relevant field
  • Desired qualification CIP
  • Experience in a senior HR role with a minimum of 2 years in the Middle East
  • Good knowledge of labour law regulatory requirements in UAE and Middle East preferred.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
 
 

 

 

 

 

 

 

Filed under: Active Assignments, News

Equity Partner – Executive Compensation

This is a unique & very exciting opportunity. Our client has significant investment available for the growth of this practice area.

We are searching for an existing partner level candidate who is looking to play a significant role and influence in the further development of Executive Reward.

We are exclusively retained on this confidential search

To discuss in the strictest confidence please contact me – Robin Rowe rrowe@chatworthrowe.co.uk

Filed under: Active Assignments

Head of Reward Consulting EMEA

Our client is looking for an exceptional individual who has led a Reward Consulting team & is ready for a bigger role.

This is a big role – it encompasses strategic business thinking, leadership & consulting on your own account.

To discuss in detail please contact Robin Rowe

rrowe@chatworthrowe.co.uk

00447768097773

Filed under: Active Assignments

Head of Reward

We are looking for an experienced Reward Expert to be the No1.

Reporting directly to the CHRO you will be responsible for Executive Compensation, Global Mobility, Shared Services and Reward & Benefits.

You will build your relationship with the Remuneration Committee and develop the Compensation & Benefits strategy/direction of travel.

Our client is a substantial listed business and if you are interested to discuss please email me – rrowe@chatworthrowe.co.uk

Filed under: Active Assignments, News

Senior Principal Reward

Senior Principals will work closely with colleagues in leading and managing complex and/or custom and/or multi work-stream solutions that meet and exceed client expectations. This is the level for highly experienced consultants capable of working with senior leaders in client organizations across a broad range of offerings.

Primary Responsibilities

  • Develop profitable business through effective client relationship building, account management and collaborative working with colleagues across the enterprise. Manage and expand relationships, including beyond technical buyers to business leaders, to increase opportunities and further impact clients’ business success.
  • Develop hypotheses about client business issues based on sound analysis plus client, sector and industry know how. Leverage insights to define, recommend and /or co-create strategic innovative solutions for clients.
  • Lead the delivery of complex projects ensuring client satisfaction, effective project management, good communication and collaboration between  colleagues. Ensure constant focus on outcomes by advancing the team’s success and capabilities through sophisticated relationship management, influence, coaching, problem solving and diplomacy skills.
  • Manage client expectations and ensure project members are sufficiently enabled to meet client expectations. Assess and measure the impact of our work on our clients business.
  • Support relationship development with large key clients as part of an account team. Act as relationship manager for large and complex clients including those with international points of contact and needs.
  • Lead proposal writing and shaping of opportunities for complex/medium sized clients. View business issues from multiple expertise angles and leverage our deep expertise to offer solutions that integrate across the business. May take the lead as subject matter expert working with relationship managers / sales leaders to shape significant commercial proposals that meet client needs.
  • Deliver high quality work as an expertise lead that meets or exceeds client expectations.
  • Lead and/or contribute to thought leadership and /or research, managing relationships with business and thought leaders in a defined expertise area and speaking on national (possibly international) platforms to enhance and extend the brand.
  • Continue to deepen and broaden own consulting skills, business understanding and expertise to enable an expanded viewpoint on the issues impacting  clients. Actively look for opportunities to support the development of colleagues through mentoring, timely feedback and project-based development/coaching.
  • Has a deep understanding of solutions, product offerings, advisory point-of-view, frameworks, delivery tools and processes to design innovative solutions for clients. Is recognized as a national and often global resource/subject matter expert, making significant contributions to practice development, leading the national and/or global deployment of new, commercially viable products and services, in the service of global initiatives.
  • Lead in the QA/Peer review process within an area of specialization. Lead in contributing best in class work products and tools to the knowledge bases.

EDUCATION, EXPERIENCE, & OTHER QUALIFICATIONS

  • Typically a relevant higher (Master’s or Doctorate) degree plus considerable (10+ years) relevant work experience in a consultancy and/or a client HR function in progressively larger and more complex/high impact client situations.
  • Alternatively, significant work experience (10+ years) in a top tier professional services firm.

COMPETENCIES

  • Customer focus: Building strong customer relationships and delivering customer-centric solutions.
  • Drives results: Consistently achieving results, even under tough circumstances.
  • Collaborates: Building partnerships and working collaboratively with others to meet shared objectives
  • Being resilient: Rebounding from setbacks and adversity when facing difficult situations.
  • Decision Quality: Making good and timely decisions that keep the organization moving forward.
  • Directs work: Providing direction, delegating, and removing obstacles to get work done
  • Persuades: Using compelling arguments to gain the support and commitment of others.
  • Demonstrates Self-awareness: Using a combination of feedback and reflection to gain productive insight into personal strengths and weaknesses.
 
Filed under: Active Assignments