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Head of Brokerage Department in Muscat - Oman

Experience: 5 - 10 yrs.
Education:Basic - Any Graduation
Nationality: Omani
Industry Type: Banking / Financial Services / Broking
Functional Area:Other Feb 25, 2019

Job Description

Role Statement:

The person in this role will be assigned to manage all brokerage activities in MSM and GCC markets in order to meet the yearly target of Brokerage Division. The task requires managing all brokerage staff members in achieving their target and maintaining a strong relationship with institutions and high net-worth investors to capture maximum commissions. The post holder is responsible for introducing more new services to achieve maximum revenue.

Key Objectives (the key result areas for the position – KPI’s)

1. Brokerage Target

2. Brokerage turnover

3. Brokerage market share

4. fees and commission collected

5. New products

Principal Responsibilities:

Responsible for daily brokerage activities of the bank
Supervise all transactions of brokerage staff members
Maintain a strong relationship with existing clients
Explore new business opportunities
Orders executions in brokerage dealing room whenever required
Report to management all serious issues which may have a negative impact on business
Meet clients on a regular basis to continuously improve the relationship and document such meetings
Cross sell investment banking services to existing customers of the bank
Strict compliance of all external and internal regulations.

Person Specifications:

1. Minimum education level / discipline: Bachelor Degree (Major: Accounting, Finance, Marketing or Economics)

2. Required experience in terms of region/industry/business/function/role: 5 years + in same field.

Keyword: Brokerage, Broking, Turnover, Market Share
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