eFinancialCareers

• Company

  Barclay Simpson

• Location

  Qatar-Doha

• Compensation

  QAR Excellent Package + Bens + Bonus

• Position Type

  Permanent

• Employment type

  Full time

• Updated

  05 Nov 2009

• eFC Ref no

  587417

The QFC Regulatory Authority is the independent regulatory body of the Qatar Financial Centre (QFC). It has been established to regulate firms that conduct financial services in or from the QFC. It has a broad range of regulatory powers to authorise, supervise and, when necessary, discipline firms and individuals. The QFC Regulatory Authority regulates firms using principle-based legislation of international standard, modelled closely on the laws used in other major financial centres.

The QFCRA are currently looking to recruit an Associate Director of Asset Management. This role will work with others in the Regulatory Authority to implement supervisory risk identification and mitigation programs in respect of authorised institutions dealing in Asset Management and will participate in producing supervisory work programmes utilizing the normal range of supervisory tools.

Daily responsibilities will include:

• Ensure that the ongoing supervision of Asset Management institutions is handled with efficiency
• Ensure that strong constructive relationships are developed with the institutions assigned to him/her
• Establish a pro-active, risk mitigating supervisory approach
• Be alert to issues that require escalation and will ensure the timely flow of management information within the Authority work closely with other Divisions to resolve issues arising from the institutions he/she supervises
• Assist, where required, with the development of prudential policy (e.g. in respect of Basel II)
• Work with colleagues in other Divisions to ensure the Authority remains at the forefront of regulatory developments, and assisting in the application of new policies in supervisory activities
• Manage any Assistant Directors, Senior Managers, Managers, and Case Officers/Analysts assigned to him/her ensuring proper work allocation and supervision, and where necessary ensure that the skills and experience of any subordinates are developed

Applicants will need to have had experience of working in both a regulatory and commercial environment. They will need to have an excellent background in and knowledge of Asset Management and be able to deliver in both a supervisory and authorisation capacity. Man management skills will be key and applicants will need to be of a graduate calibre.

Please note that applicants who have not worked in a zone one regulator will not be considered for this position.

If this opportunity is of interest, please contact Matt Crocombe of Barclay Simpson Middle East on + 971 (0) 4 401 9809 or mc@barclaysimpson.com

Please note that Barclay Simpson Middle East has been retained exclusively for this piece of recruitment.