Director, Head Of Research

Job description / Role

Job Type
Full Time

Job Location
Dubai, UAE

Nationality
Any Nationality

Salary
Not Specified

Gender
Not Specified

Arabic Fluency
Not Specified

Job Function
Finance, Business Analysis & Consulting

Company Industry
Finance, Investment & Asset Management

Director, Head of Research MENA

Do you want your voice heard and your actions to count? Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the worlds leading financial groups. Across the globe, were 150,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.

With a vision to be the worlds most trusted financial group, its part of our culture to put people first, listen to new and diverse ideas, and collaborate toward greater innovation, speed, and agility. This means investing in talent, technologies, and tools that empower you to own your career.

Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.

Overall purpose of job

Overall specific responsibility for strengthening the MENA research product offering and to provide research support on strategic direction for the MENA region.

Essential functions

Producing research content
You are responsible for creating crude oil and MENA macro (including Turkey) research content in the form of research reports, presentation packs, and digital content which will be distributed to internal and external users. You are accountable for the content produced in the report. It is your responsibility to ensure that the content and distribution of the content is consistent with compliance guidelines. You have the responsibility for managing and providing guidance to the research analyst in the team to incorporate new content into the research reports.

Supporting business activities in MENA
You are responsible for supporting MENA business activities mainly within EMEA but also to support teams in other global centres, including London, New York, and Asia. You are responsible for providing timely and insightful analysis on MENA macro and crude oil market developments to clients including in research reports, representing the bank in client meetings, holding conference calls on important market topics, and responding to ad hoc requests from clients and internal stakeholders. As a dual-hatted employee, you are responsible for managing any conflicts of interest when working with employees and clients with both the MUFG Bank and MUFG Securities.

Management of MENA Research team
You are responsible for supporting the day-to-day running of the MENA Research function. You have the responsibility to manage and oversee the activities of MENA Research; you will take over the responsibility for providing updates on macro market developments, activities carried out and progress made by MENA Research and wider applicable KPIs; and you will oversee and monitor activities carried out by other MENA Research team members to ensure they are working towards the team goals while ensuring that risk management controls are met. It is your responsibility to coach and guide members of the team.

Provide economic insight to senior management and risk management committees
You are responsible for providing economic updates to senior management on important developments for the business including providing economic forecasts for the medium-term business plan (MTBP). You are responsible for providing regular MENA economic and crude oil market insight to the risk management team to help stress test positions held by the MUFG Bank and Securities. You are responsible for providing MENA market updates at the MUFG Securities Traders Risk meeting and MUFG Bank Asset & Liability Committee (ALCO).

Presenting MUFG market views to the media
You have authority to communicate with the media to present MUFG crude oil and MENA macro market views to help boost the media profile of MUFG and strengthen the MUFG brand globally. You are accountable for comments made to the media and it is your responsibility to ensure that they meet the guidelines set out by compliance so there is no risk of reputational damage for MUFG. You are responsible for building and maintaining strong relationships with the media.

To ensure that risk management controls are followed within MENA Research
You are accountable for ensuring that your research activities are compliant with required rules and regulations set by the compliance, legal, and risk management teams. You are responsible for communicating with the compliance and legal teams to ensure that the appropriate and industry-accepted disclaimers and attributions on research reports and relevant websites are up to date.

Other requirements

Relationship with other functions and stakeholders

Performance and duties
The role holder will be assessed in accordance with their employing entitys performance framework and process with relevant input obtained from the dual-hatting entity as relevant. As duties and responsibilities change, the job description will be reviewed and amended in consultation with the role holder. The role holder will carry out other duties as are within the scope, spirit, and purpose of the role as requested by their line manager or department head.

Managing conflicts of interest / dual hat status
The role holder will have responsibilities for both MUFG Bank and MUFG Securities EMEA plc. The role holder will be required to perform their duties and responsibilities on an entity-neutral basis, without favour. The role holder is required to follow regulatory requirements applicable to ensure each business is appropriately supported and to maintain the legal entity integrity of each of MUFG Bank and MUFG Securities. Working terms are dictated by functional mandates, the terms of the Dual-Hat Arrangement Agreement in place between MUFG Bank and MUFG Securities EMEA plc, and any other relevant agreements entered into between MUFG Bank and MUFG Securities EMEA plc. The role holder will have responsibility for identifying and resolving where there may be a difference or conflict in needs between MUFG Bank and MUFG Securities EMEA plc, escalating to their manager where required.

Line management
Line manage and lead by example the direct reports into this role, setting targets and objectives as necessary, carrying out interim and end-of-year reviews along with one-to-one meetings as part of managing their performance, providing guidance as appropriate.

Education

Essential
University degree (or equivalent) in economics.

Preferred
Masters in economics or politics.

Work experience

Previous experience as a senior economist, industry analyst, or country analyst in a financial organization, research firm, or consulting firm in the MENA region.

Functional / technical skills and knowledge requirements

• Thorough understanding of economic theories and financial analysis.
• Proven track record of writing research.
• Analytical skill with ability to identify key issues.
• Writing and speaking in English fluently.
• Reading and speaking in Arabic is an advantage.
• Thorough understanding of external communication and compliance policies and procedures in relation to research and external communications.

We are open to considering flexible working requests in line with organisational requirements.

MUFG is committed to embracing diversity and building an inclusive culture where all employees are valued, respected, and their opinions count. We support the principles of equality, diversity, and inclusion in recruitment and employment, and oppose all forms of discrimination on the grounds of age, sex, gender, sexual orientation, disability, pregnancy and maternity, race, gender reassignment, religion or belief, and marriage or civil partnership.

We make our recruitment decisions in a non-discriminatory manner in accordance with our commitment to identifying the right skills for the right role and our obligations under the law.