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Banking and Financial Services Jobs in the Gulf

79 new Banking and Financial Services vacancies added in the last week. 254 Jobs in the last month - Equities, Compliance, Commodities, Risk Management, Derivatives and Fund Management Jobs in Dubai, UAE, Saudi Arabia and Qatar.

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Banking Jobs in the Middle East
The GCC has long been a center of banking in the Middle East, and its continued growth means it will continue to fulfill this vital role for many years to come. Ongoing growth and development of the banking sector is driven by a number of factors, including oil and natural gas wealth, increases in business activity, and explosive growth in construction and development of infrastructure, commercial, and residential projects. Let’s take a look at the general definition most commonly used to describe the banking sector.
Defining the banking sector
 
The banking sector of the GCC includes all aspects of the overall banking system. From commercial banks to specialty banks to savings banks to governmental banks and the like, the sector as a whole is devoted to core financial services. The most often noted core services include accepting deposits, extending credit and loans, transmitting money from bank to bank (internally and/or internationally) and basic investment products. Although there are some commonalities between the banking sector and the finance sector, there are enough differences to warrant treating them separately while still acknowledging the areas of overlap.
 
Banking professionals work across all types and sizes of banks serving a comprehensive array of customers and clients. All businesses, large and small, require some level of banking service, as do governments and other public entities. This is why you will find a mix of banks in the overall banking sector; some are set up to serve a wide range of clients while others are set up to serve more narrow and specialized clients. For instance, some banks specialize in the oil and natural gas industry or in the hospitality and tourism industry; as part of their specialization they offer products and services customized to meet the unique needs of these industries.
The functional areas for banking professionals include, but are not limited to, the following:
 
  • Bank managers
  • Bank directors
  • Human resources
  • Client services
  • Compliance managers
  • Tellers, agents, and customer service specialists
  • Banking analysts
  • Wealth management for clients
  • Capitalization and wealth management for individual banks
  • Private bankers
  • International services
  • Lending officers
  • Credit officers
  • Treasury managers
  • Regulatory affairs
  • Governmental affairs
Top employers in the banking sector across the GCC include:
 
  • Qatar National Bank
  • National Bank of Kuwait
  • Kuwait Finance House
  • National Bank of Abu Dhabi
  • First Gulf Bank
  • Qatar Islamic Bank
  • Emirates NBD
  • Mashreq
  • Ahli United Bank – Bahrain
  • Commercial Bank of Kuwait
 
Skills most in demand
 
Within the common functional areas associated with the Banking sector, there are a number of skills that are particularly in demand. Examples include Risk Management, Fund Managers, Investment Analysis, Compliance Officers, Head of Asset Management, and Treasury Managers. If you possess these or very similar skills then you are likely in a good position to find a wide range of jobs available for you to pursue..