Mashreq
Associate Director, Corporate Origination and Business Development (Remote Working)
Dubai, UAEPosted 2 months ago
- Salary
- AED 65k–90k a month· est.
- Job type
- Full time
- Level
- Lead
- Field
- Sales & Business Development
- Work mode
- Remote
About the role
Job Purpose The Associate Director – Corporate Banking plays a critical role in expanding Mashreq Bank’s footprint in Saudi Arabia by originating new-to-bank corporate deals, overseeing cross-border exposure to Saudi Arabia, and ensuring the smooth coordination of the Saudi Arabia portfolio across Mashreq. Focus on identifying and onboarding Saudi-based corporate groups with operations across Mashreq’s footprint countries, identifying and pursuing outbound business opportunities that align with the bank’s strategic objectives. The role requires coordination among different business units, ensuring the bank’s services meet the requirements of Saudi clients, while also adhering to regulatory and risk management standards. The role/ team member has to develop a strong pipeline and ensure the Saudi Arabia framework remains aligned with evolving market conditions and regulatory changes. Key Result Areas Client Origination: The Associate Director is responsible for driving the origination of new-to-bank corporate relationships in Saudi Arabia. This includes identifying key growth opportunities, structuring financing solutions, and onboarding clients. The individual has to increase Mashreq’s strategic market share in Saudi Arabia. Cross-Border Exposure Oversight: The director coordinates with the Enterprise Risk Management team to manage Mashreq’s cross-border exposure to Saudi Arabia, ensuring that all operations are in compliance with both regional regulations and internal policies. The director submits cross-border enhancement requests to senior management whenever required, ensuring the bank’s exposure proactively managed. Regional Portfolio Coordination: Acting as the central coordinator for the Saudi Arabia portfolio, the Associate Director facilitates collaboration across various bank departments—Corporate Banking, Risk, Compliance, Treasury, and more—to ensure the alignment of regional strategies with Mashreq’s corporate banking objectives. The director ensures that all teams work in tandem to deliver the best solutions to Saudi clients and maintain a unified approach across borders. Framework Development & Approval: The role involves maintaining and refining the dynamic Saudi Arabia framework, ensuring it is updated regularly to reflect market developments, regulatory changes, and business goals. The director works closely with business and risk to submit the revised framework for approval, ensuring alignment with Mashreq’s long-term strategy and risk appetite. Business Development & Growth: The director is responsible for driving the growth of Mashreq’s asset book in Saudi Arabia, focusing on expanding the portfolio across various sectors and products. The role involves identifying and pursuing opportunities that contribute to revenue generation and growth. Risk & Compliance Management: The director ensures that all transactions comply with Mashreq’s risk appetite and approved framework. They collaborate with the Credit Management & Control Unit (CMC) within Corporate Origination division to conduct due diligence and ensure the necessary approvals are obtained, providing a high level of assurance that all deals meet the bank’s standards for credit quality , policy and regulatory adherence. Market Insight & Strategy Development: The director has to be knowledgeable of strategic insights including market trends, competitor activities, and regulatory changes in Saudi Arabia. This insight is used to inform long-term business strategies and ensure Mashreq remains competitive in the rapidly evolving market. Stakeholder Reporting & Communication: Regularly reporting to senior leadership, the director communicates the performance of the Saudi Arabia portfolio, detailing cross-border exposure and providing updates on ongoing transactions. They keep stakeholders informed of significant developments or challenges, ensuring transparency and alignment across the bank. Cross-Functional Coordination: The role requires daily collaboration with internal teams across various functions, including Corporate Banking, Risk, Treasury, Legal, Operations, and Compliance, ensuring that client transactions are executed efficiently and in line with Mashreq’s standards. The director serves as a key liaison across departments, resolving any challenges that arise and ensuring a seamless client experience. Knowledge, Skills and Experience Professional Experience: The individual should have 7 - 10 years of experience in corporate banking, with significant exposure to the Saudi Arabian market and the broader GCC region. Their background includes substantial expertise in originating corporate deals, managing cross-border transactions, and overseeing complex portfolios. Market Expertise: They possess in-depth knowledge of Saudi Arabia’s corporate banking landscape, including key sectors, regulatory frameworks, and the competitive environment. Their expertise enables them to effectively navigate market d
Requirements
7 - 10 years of experience in corporate banking, with significant exposure to the Saudi Arabian market and the broader GCC region. Expertise in originating corporate deals, managing cross-border transactions, and overseeing complex portfolios. In-depth knowledge of Saudi Arabia’s corporate banking landscape, including key sectors, regulatory frameworks, and the competitive environment.
Responsibilities
Drive origination of new-to-bank corporate relationships in Saudi Arabia; oversee cross-border exposure in coordination with Enterprise Risk Management; act as central regional portfolio coordinator across Corporate Banking, Risk, Compliance, Treasury, and other teams; maintain and refine the Saudi Arabia framework to reflect market developments and regulatory changes; drive growth of Mashreq’s asset book in Saudi Arabia across sectors and products; ensure transactions comply with risk appetite and approved framework through due diligence in collaboration with the Credit Management & Control Unit (CMC); provide market insights to inform long-term strategy; regular stakeholder reporting on portfolio performance and cross-border activity; cross-functional coordination ensuring efficient client transactions and alignment with Mashreq standards.
Skills
- Corporate Banking
- Cross-Border Transactions
- Portfolio Management
- Credit Risk Management
- Regulatory Compliance
- Due Diligence
- Credit Management & Control Unit (CMC) Processes
- Market Analysis
- Stakeholder Reporting
- Framework Development
- Enterprise Risk Management Collaboration
- Saudi Arabia Market Knowledge
- Risk Appetite Adherence
- Client Origination
- Relationship Management
Not sure you fit this role?
Upload your CV and see how you score against Mashreq and every other live job. It's free.
Get my free matchesAED 65k–90k a month· est.
Similar jobs across the Gulf
Associate Director, Corporate Origination and Business Development (Remote Working)
MashreqDubai, UAE
AED 12k–18k a month· est.
Director of Origination & Business Development (Middle Markets AD location) - CIBG
MashreqDubai, UAE
AED 15k–25k a month· est.
Director.Corporate Origination and Business Development
MashreqDubai, UAE
AED 12k–18k a month· est.
Associate Director
GRGRiyadh, Saudi Arabia
AED 9k–15k a month· est.
Director, Sovereign Wealth Funds & Financial Sponsors - UAE
First Abu Dhabi BankAbu Dhabi, UAE
AED 90k–150k a month· est.
VP - Reputation Management & Arabic Content
MashreqDubai, UAE
AED 12k–18k a month· est.