QNB1939 - Manager Strategy Execution - Subsidiaries

  • Business Unit
    QNB - Qatar
  • Division
    Strategy
  • Department
    Strategy
  • Country
    Qatar
  • Closing Date
    27-Apr-2019
About QNB

Established in 1964 as the country’s first Qatari-owned commercial bank, QNB Group has steadily grown to become the largest bank in the Middle East and Africa (MEA) region.

QNB Group’s presence through its subsidiaries and associate companies extends to more than 31 countries across three continents providing a comprehensive range of advanced products and services. The total number of employees is more than 28,000 serving up to 20 million customers operating through 1,000 locations, with an ATM network of 4,300 machines.

QNB has maintained its position as one of the highest rated regional banks from leading credit rating agencies including Standard & Poor’s (A), Moody’s (Aa3) and Fitch (A+). The Bank has also been the recipient of many awards from leading international specialised financial publications.

Based on the Group’s consistent strong financial performance and its expanding international presence, QNB currently ranks as the most valuable bank brand in the Middle East and Africa, according to Brand Finance Magazine.

QNB Group has an active community support program and sponsors various social, educational and sporting events.

Role Description

The incumbent will be responsible for managing the Strategy execution of one of QNB Group’s managed subsidiaries. Responsibility includes managing and liaising with the subsidiary’s strategy execution teams for developing, executing and monitoring the annual Business Plan, Capital Expenditure (CapEx) plan, Performance Management process as well as the Project Management Office (PMO) with minimal supervision.

Qualifications
  • Manage the development a subsidiary annual Business Plan and CapEx  plan ensuring alignment with QNB Group’s long term strategy goals and associated key strategic initiatives
  • Manage the development, reporting and review of a subsidiary Performance Management approach and process. This entails definition of KPIs across balanced scorecard dimensions, understanding the needs and drivers of each
  • Deliver quarterly performance management update of a subsidiary while providing perspective and value-adding insight of the performance and execution of strategy
  • Define, monitor and ensure execution of all subsidiary’s strategic projects portfolio (PMO)
  • Ensure full alignment of Business Plan, CapEx plan, Performance Management and PMO methodology, process, schedule and tools across the subsidiary
  • Lead, manage and professionally develop the strategy execution teams in the subsidiary
  • Align the annual Business Plan, CapEx plan and Performance Management with the bank’s strategic objectives
  • Develop all PMO and performance management related information on a regular basis to the Executive Management and the Board for regular update, performance monitoring, quality assessment and decision making
  • Monitor, review and report on execution of the portfolio of subsidiary’s strategic projects (PMO)
  • Develop all business, support and control divisions’ business plans and CapEx plans on an annual basis in close alignment with the subsidiary
  • Coordinate and align with the subsidiary with respect to input for business and CapEx planning and performance management related matters
  • Manage the portfolio of strategic projects (PMO) to pro-actively flag issues/ risks and escalate as necessary to Executive Management
  • Provide guidance on the planning, prioritization and definition of business plans, performance management and projects at the subsidiary based on QNB’s overall strategy, and maintain a forward looking view/ plan throughout the year
  • Supervise the project initiation process for planned and ad hoc projects, including the review and validation of project charters against subsidiary’s Business Plan and CapEx plan
  • Determine and communicate dependencies of projects or divisional plans across divisions and address roadblocks
  • Train subsidiary strategy execution team on the process to manage all components of the project lifecycle: initiation, kickoff, execution, and project closure and associated templates and documentation

 

Additional Information
  • Masters’ degree
  • Minimum of 8 years of similar experience within the financial services arena
  • Diverse business and/ or functional experience
  • Previous experience in a leading role for strategy execution
  • Awareness of a management consulting approach (previous senior role in such is an advantage)
  • Experience with performance management, balanced scorecard approach and management of information systems (MIS)
  • Deep understanding and knowledge of the activities and functions of the various business and support divisions in a financial institution
  • Strongly developed analytical, numerical, evaluation and planning skills
  • Possess a thorough understanding of project management and corporate planning theory and practice
  • Assist in acting as a center of excellence and hub for QNB Group to train on the Group’s corporate planning (Business Plan and CapEx plan), Performance Management and PMO methodology
  • Possesses a strategic view of QNB to ensure alignment of priorities at the subsidiary
  • Identify related areas for professional self-development. Ensure the provision of relevant guidance, direction and training to subordinates to develop and enhance their skills
  • Assess performance of direct reports and provide regular feedback on their development
  • Demonstrate ability to provide team with support; direction and vision, including motivating people to perform, listening to people, providing feedback, recognizing strengths and providing challenges
  • Assist the Head of Strategy Execution (Subsidiaries) in identifying any areas for professional development, and act to enhance professional development of self and others

 

Note: you will be required to attach the following:
  1. Resume/CV
  2. Passport-size photograph
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