• Supervise the preparation of and review of the annual division budgets, actual performance against these budgets and departmental budget to ensure that adequate funding provision is made for all activities. Monitors expenditures against approved levels on a monthly basis. Investigates and reconciles any significant variances to ensure effective performance and control.
• Explore and capitalize on market opportunities in traditional and new areas in a proactive manner, focusing on balance sheet as well as off - balance sheet business with a view to increasing market portfolio and profitability.
• Guide the Business and Product Development efforts of the department to proactively scan the market and develop innovative solutions to client needs.
• Ensure adequate focus on key accounts and management of key client relationships with a view to furthering the Banks business prospects.
• Approve Financially proposals based on assigned authority limit to facilitate smooth disbursal.
• Intervene with other department heads to facilitate the smooth functioning of the Commercial Banking department's activities as and when required.
• Participate as a member of internal committees to facilitate decision making and represents Bank in external meetings to ensure that the organization's interests are protected and a positive image is portrayed at all times.
• Develop policies and procedures for Commercial Banking functions and oversee their implementation to ensure compliance with applicable regulations.
• Monitor, on a regular basis, budget growth and achievements of Division Heads and Relationship Managers.
Job Details
| Date Posted: | 2013-02-06 |
| Job Location: | Al Kuwait, Kuwait |
| Job Role: | Accounting/Banking/Finance |
| Company Industry: | Banking |
Preferred Candidate
| Career Level: | Executive/Director |
| Degree: | Bachelor's degree / higher diploma |
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