2. Shane Phillips Consultants
Trade Control Manager
Multi-National Bank, Dubai Role
Dear Candidate;
The most important thing in your life is your family. The second most important thing
in your life is your career. That is why it is paramount that your career is managed by
qualified professionals. This opportunity is being presented to you by Shane Phillips
Consultants. A family business which has been in Executive Search for two generations
dating back to the 1970s when it was first called “The Phillips Group”. Over time we
have developed a deep understanding of what are the key ingredients of a successful
executive search company, one such ingredient is discretion.
You have my personal guarantee that your identity and personal details will be kept in
confidence throughout the initial stages of this selection process. Discretion is the
corner stone of our business and your anonymity will be protected as you explore this
career opportunity.
This assignment is personally being handled by myself, Shane Phillips, and if you do not
know me or have never heard of me please see my personal biography at the end of this
document or visit my website at www.shanephillips.net.
This Document Contains the Following;
The Opportunity Pg 3
The Role Pg 3 - 4
Candidate Qualifications Pg 4 - 5
Shane Phillips Consultants Company Summary Pg 6
Shane Phillips Biography Pg 6
Application Instructions Pg 6
Thank you for taking the time to review this career prospect. I look forward to the
opportunity of making a contribution to your success in the near future. Should you
have any questions please contact me directly at +971 50 940 7537 or email me at
shane@shanephillips.net as I will be delighted to take your call.
Sincerely,
Shane Phillips
Managing Director
3. Trade Control manager
Multi-National Bank
The Opportunity
This multi-national bank has a history in the Middle East that is older
than the UAE itself. A brand name with millions of customers all over
the world and is active in more than 50 countries. The bank is a leader
in international best practice and has one of the industry’s leading
Training and Development program with an exciting career path which
includes international opportunities.
This universal bank has robust offerings in Private Banking, Wholesale
Banking, Corporate Banking, Retail Banking, and Investment Banking.
The Trade Market Manager will report directly to the Regional Head of
Trade Control Function, who reports into the Global Head of Trade
Control Function, who in turn reports into the Chief Risk Officer Global
Banking & Markets. The team sits on the trading floor and has direct
interaction with the Front Office and support area staff at all levels on a
daily basis. The successful candidate will be responsible for driving
change in market risk area of the bank.
The Role
Corporate Strategy
As a second line of defense and specialist function, the Trade Market
Manager (TMM) is responsible for providing assurance that the Global
Markets business is operating within risk appetite with respect to
trade capture, position keeping and mitigating exposure to
inappropriate trading risk by overseeing and challenging the
effectiveness of the risk and control activities conducted by the
business.
The TMM will do this by monitoring against, independently escalating
exceptions to, and driving change in trade capture standards as well as
trade validation and inappropriate trading control standards. Daily
exception management and ownership of issues and leadership and
co-ordination of their remediation front to back.
The main focus will be on trade capture as well as trade validation and
inappropriate trading controls. In essence providing the bank with a
second line of defense and will require a holistic understanding of the
trade function in the bank and all its products.
4. Trade Control Manager
Multi-National Bank
The Role (Continued)
The TMM will be a key decision maker and will be responsible for driving change
and creating impact in the trade function. The successful candidate will
play a key role in managing the Trade Capture and Inappropriate
Trading Risk. This will have a direct impact on profitability and the
achievement of high level business objectives.
The successful candidate will have strong communication skills and be
able to manage high level discussions with Desk heads, Global Markets
Business Heads, CFOs and Business Managers, and Senior Management
in support areas (mainly Risk, Operations, Product Control and IT) and
Internal Audit. The chosen incumbent will be a natural team player
and will enjoy working in a group environment.
The TMM will monitor the metrics required to measure adherence to
control standards relating to Trade Capture and Inappropriate
Trading Risk Review metrics.
Candidate Qualifications
Experience
Relevant experience working in investment banking within an
Operations or Control Function that could include Product
Control, Middle Office, Trade Support, Operational Risk, Internal
Audit or other Risk function (Market, Credit, Compliance or
Security and Fraud).
A good knowledge of the Global Markets Products across
equities, FX and fixed income and the key processes and controls
within Global Markets Front Office and support areas.
Experience with numerical analysis, including experience with MS
Excel.
5. Trade Control Manager
Multi-National Bank
Candidate Qualifications
Key Strengths and Abilities
Experience communicating with senior executives and an
ability to create consensus.
Strong analytical abilities with a deep understanding of market
risk.
Holistic understanding of the trade function and its inherent
risks complimented by commanding knowledge of the bank’s
capital market products.
Ability to work well under pressure.
Creative approach to problem solving.
Attention to detail and intimate understanding of regulatory
requirements, audit processes and control standards.
Experience and Credentials Required
8+ years of prior experience in Market Risk. A university degree in
business or related field or equivalent qualification.
Educational and Background Checks will be performed:
Please note all candidates will undergo vigorous background
checks of vocational and educational credentials. Those
candidates with unaccredited degrees need not apply. Reference
checks will also be performed. This is the standard policy and
procedure of Shane Phillips Consultants.
Please note applications or enquiries sent directly to the Client will not
be entertained.
All communication and applicants for this role must be handled by
Shane Phillips Consultants. Please email your interest directly to Mr.
Akbar Kazmi, Head of Risk – MENA at ak@shanephillips.net.
6. Trade Control Manager
Multi-National Bank
Shane Phillips Consultants
Shane Phillips Consultants is a boutique executive search firm
specializing in placements in the Middle East. The firm planted its
roots in the 1970s in Canada where The Phillips Group was first
founded. After the retirement of Carl A. Phillips the business was
closed for a period of years only to be re-opened in Dubai. With two
generations of Executive Search experience, Shane Phillips Consultants
offers high touch bespoke service for clients looking to hire the best
people. Services offered include Executive Search, Executive
Assessment, Recruitment Process Outsourcing, and Training &
Development.
Shane Phillips: Managing Director
Shane is a leading Executive Search Consultant in the Middle East
Region and is the Managing Director of Shane Phillips Consultants, a
local boutique search firm. Given his passion for the employment
market, Shane has his own show on Dubai Eye 103.8 every Thursdays
at 8pm called “Eye on Careers”. Shane is also a monthly writer for CEO
Magazine, Global Citizen Magazine and an expert in Senior Executive
job placement. Shane has an MBA from London Business School, and
an undergraduate degree in Psychology from the University of British
Columbia.
Akbar Kazmi: Head of Risk – MENA
With over 25 years of banking experience, Akbar brings the seasoned
eye that only experience can foster. Starting his career with Chase
Manhattan Bank in 1983 Akbar has worked his way through every
position in the Corporate, Institutional, and Private Bank.
As the former Deputy Head of Risk for National Bank of Dubai, Akbar
has developed Risk frameworks, processes and methodologies from
scratch. Whether it’s your organizational structure, risk protocol, or
the talent in the Risk department that you are concerned about, Akbar
is able to create a bespoke actionable solution for your needs. He is
well positioned to deliver outstanding service in the areas of Executive
Search, Training & Development and Mentoring.
To Apply for this Position;
Please send your CV in word format by email to the below address or
feel free to Akbar on his mobile should you have any questions about
the position.
Akbar Kazmi, Head of Risk MENA Shane Phillips, Managing Director
Email: ak@shanephillips.net Email: Shane@shanephillips.net
Mobile: +971 50 458 8071 Mobile: +971 50 940 7537
