Senior Manager, Investor Relations (UAE National)

Operating in the UAE for over 50 years, CBD manages the financial requirements of some of the largest corporates and businesses operating in the country, driving the UAE economy. Over the years, CBD has transformed into a progressive and modern banking institution winning multiple awards for its digital initiatives, credit cards, bank accounts, mobile app features and services.

CBD has been recognized as the number one bank in the UAE on the Forbes list of The World’s Best Banks 2022.

As we continue to build upon our successes, we are looking for ambitious individuals who are passionate about the banking and finance industry and the markets in which CBD operates. Just as important to us is your ability to demonstrate a talent for dealing with people - your colleagues and our customers and delivering service that really goes the extra mile.

Job Purpose:

The Senior Manager, Investor Relations role (IR) will be responsible for supporting all Investor Relations activities for the bank. To create the basis for financial reporting and engagement with the Company’s investor and stakeholders’ relationships, through a program of regular interaction to maintain and strengthen the Company’s profile.

IR will work closely with the Head of Finance, CFO and Senior management to ensure high quality financial representations are delivered to the market.

Principal Accountabilities:

• Managing the Credit rating agencies and populating and reviewing all Credit Rating submissions and content
• Earnings call management
• Oversee the production and completion of the Investor Relations Report in conjunction with Financial Reporting and FP&A
• Oversee the production of the Annual Report in conjunction with other relevant business verticals
• Select IR deck slide preparation and co-ordination
• Manages Credit Rating Agency relationships, including excel financial statement submissions and end to end reviews.
• Lead the annual EMTN program update process end-to-end, including preparation of the EMTN documents and engagement with external stakeholders like external legal counsels, external auditors, agent banks, rating agencies and stock exchange.
• Oversee and run the Debt and Equity Capital Market IR program
• Shareholder and bond holder identification with monthly shareholder updates, share price analysis, bond performance analysis and investor slides
• Prepare financial debt and equity issuance deck
• Monitor analysts’ forecast on an ongoing basis, comparison with the Company’s own forecasts, and work to guide expectations as appropriate
• Monitor share price and valuation of the company and ensure compliance with the regulatory requirement of reporting big share movements.
• Monitor and review analyst reports on the Company and its peers and highlight any key issues for discussion with Executive Management
• Organize investor and credit rating meetings, earnings conference calls, and Run Capital Market Conferences
• Support with Writing the investor relations Board reports to ensure Executive Management are up to date with the external financial markets and Rating agencies views and concerns
• Undertake all releases and regulatory notifications in line with international best practice and relevant market regulation
• Coordinate internal processes to ensure effective communications with external audiences
• Support in developing an investor targeting program to provide regular contact with principal bond- and shareholders and key underweight and non-holders
• Liaison with external bond- and shareholder identification service providers
• Prepare capital markets communications literature and presentations, slide show packs and roadshow materials
• Maintaining a database of all investor/broker contact
• Sell-side and buy-side interaction together with the Head of Finance and the CFO
• Liaise with the company’s retained stockbrokers, investment bankers and financial PR advisors
• Participate extensively during the month end close to meet business reporting requirements
• Maintenance and update of the IR policy and procedures.
• Work on providing input towards the ICD’s annual report.
• Coordinate the dissemination of quarterly earnings reports, press releases, and other financial communications to the DFM, SCA and Nasdaq. Ensure financial accuracy and compliance with regulatory requirements.
• Ensure compliance with relevant securities laws and regulations. Maintain transparency and consistency in all investor communications.
• Organize the Annual General Meeting (AGM) to facilitate transparent communication between the bank’s management and its shareholders.
• Be the key point of contact for the respective markets (DFM, Nasdaq) and regulator (SCA) for disclosure-related letters and communications.
• Manage the Investor Relations information on the bank’s intranet and CBD’s market web pages (DFM, Nasdaq, Reuters, Bloomberg) to be up to date.
• Support in managing the bank’s Investment Properties portfolio.

Education and Experience:

• At least 5 years of experience within the required sector
• An in-depth understanding of the financial and investment markets
• Knowledge of and experience in Financial Reporting, Capital Markets / Corporate IR / financial management
• Previous communications experience would be an advantage, acquired either in-house or through a consultancy
• Effective communication, presentation and social skills
• Qualification: CA, CPA, CFA, CIMA, MBA qualifications may be an advantage but not a specific requirement.