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Category Manager

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Waystone

3mo ago

  • Job
    Full-time
    Expert Level
  • Business, Operations & Strategy
    Banking & Finance
  • Dubai

AI generated summary

  • You need a relevant Bachelor's degree, 10 years in financial services (3 in management), strong leadership skills, analytical abilities, and SCA qualifications, including UAE Financial Rules.
  • You will develop expansion strategies, ensure regulatory compliance, conduct market analysis, manage resources, guide teams, provide insights, and foster staff development in the MENA region.

Requirements

  • Education:
  • Bachelor's degree in Economics, Finance, Risk Management Accounting, Business Administration, or a related field. Advanced degree or professional certification.
  • Experience:
  • 10 years' experience in fund distribution, investment management, or a related financial services role, with at least 3 years in a managerial or leadership position.
  • Demonstrated experience in managing complex operations, projects, and teams.
  • Excellent leadership, communication, and interpersonal skills, with the ability to influence and engage with various stakeholders.
  • Proven ability to develop and implement operational strategies, manage budgets, and oversee project execution.
  • High level of analytical and problem-solving skills, with attention to detail and accuracy.
  • Proficient in Microsoft Office Suite (Excel, Word, PowerPoint) and financial software.
  • Strong attention to detail and organisational skills.
  • Excellent analytical and problem-solving skills.
  • Strong understanding of financial regulations and compliance requirements.
  • SCA Qualifications Requirements (CISI)
  • The qualifications below must be obtained to be approved by the SCA as the Category Manager. The governing body that oversees the professional qualifications is the Chartered Institute for Securities and Investment (CISI).
  • Exams Required for SCA Licence
  • UAE Financial Rules and Regulations

Responsibilities

  • Develop and implement the expansion strategy for the firm in the MENA Region together with the group and board, according to the firm's goals and objectives, aiming to accelerate growth.
  • Ensure all fund distribution and investment management activities comply with all applicable regulations, including the Securities and Commodities Authority ("SCA") regulations, industry standards, and internal policies.
  • Conduct market research and analysis to create detailed business plans on commercial opportunities (expansion, business development etc.).
  • Analyse the effects of long-term growth initiatives, planning, new strategies, and regulatory actions.
  • Manage resource allocation, workflow, and operational procedures for optimal performance and compliance.
  • Implement, improve, and enforce policies and procedures to increase the firm's financial and operational effectiveness.
  • Provide insights and recommendations to senior management regarding market developments.
  • Establish both short-term results and long-term strategy for the MENA Region.
  • Guide the sales, marketing and business development teams to achieve the revenue targets that have been set.
  • Ensure that the firm adheres to the applicable regulatory requirements of relevant jurisdictions.
  • At all times, perform duties with due skill, professional care and diligence.
  • Perform any other duties and responsibilities assigned by the board from time to time, according to business needs.
  • Coordinate with regulatory bodies and ensure timely and accurate reporting and documentation.
  • Work with the finance team to develop a solid cash flow projection and reporting mechanism, which includes setting a minimum cash threshold to meet operating needs.
  • Evaluate the firm's financial, operational, sales and marketing structures to plan for continual improvements and a continual increase in operating efficiencies.
  • Mentor and interact with staff members at all levels to foster growth and encourage development among the senior management team and all staff members.
  • Set performance objectives and conduct regular evaluations to ensure team effectiveness.

FAQs

What is the primary responsibility of the Category Manager?

The primary responsibility of the Category Manager is to oversee all office operations, ensuring effective implementation of policies and regulations, managing key projects, and providing strategic leadership to drive the success and compliance of fund distribution and investment activities.

What are the qualifications required for this position?

A Bachelor's degree in Economics, Finance, Risk Management, Accounting, Business Administration, or a related field is required, along with an advanced degree or professional certification. Additionally, candidates must have at least 10 years of experience in fund distribution, investment management, or a related financial services role, with at least 3 years in a managerial or leadership position.

Are there any specific exams required for licensing as a Category Manager?

Yes, to be approved by the Securities and Commodities Authority (SCA) as the Category Manager, candidates are required to complete the exam for UAE Financial Rules and Regulations.

What types of skills are essential for this role?

Essential skills for the Category Manager role include excellent leadership, communication, and interpersonal skills, strong analytical and problem-solving abilities, proficiency in Microsoft Office Suite and financial software, as well as a strong understanding of financial regulations and compliance requirements.

Will the Category Manager be involved in budget management?

Yes, the Category Manager will collaborate with finance and accounting teams to develop and manage budgets for office expenses, projects, and initiatives related to fund distribution and investment management, while monitoring expenditures and reconciling budget variances.

Is experience in managing teams required for this position?

Yes, demonstrated experience in managing complex operations, projects, and teams is required, as the Category Manager will need to guide various teams to achieve set revenue targets.

Will the Category Manager need to conduct market research?

Yes, the Category Manager will be responsible for conducting market research and analysis to create detailed business plans on commercial opportunities such as expansion and business development.

What is the work culture like at Waystone for this role?

Waystone promotes a high-performance culture where all employees are expected to be self-motivated learners and leaders, emphasizing collaboration, effective communication, and adherence to organizational core values.

Are there opportunities for mentorship in this position?

Yes, the Category Manager is expected to mentor and interact with staff members at all levels to foster growth and encourage development within the senior management team and the organization overall.

What additional duties might be assigned to the Category Manager?

The Category Manager may perform any other duties and responsibilities assigned by the board as needed, in accordance with business needs, which may include coordinating with regulatory bodies and ensuring timely reporting and documentation.

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Waystone

Providing certainty in your world

Finance
Industry
1001-5000
Employees
2000
Founded Year

Mission & Purpose

Waystone is a leading global provider of institutional governance, administration, risk and compliance services to the asset management industry. Partnering with institutional investors, investment funds and asset managers, Waystone builds, supports and protects investment structures and strategies worldwide. With over 20 years’ experience and a comprehensive range of specialist services to its name, Waystone provides its clients with the guidance and tools to allow them to focus on managing their investment goals with confidence.