Chief Operating Officer, HSBC Bank Egypt
Cairo, Cairo, EG, 11728
Job description
Role Purpose
The Chief Operating Officer (COO) for Egypt is accountable for leading the end-to-end operational management of the business, ensuring a robust control environment, efficient execution, and scalable growth. The role partners closely with the CEO/Head of Banking, Product, Partners, Operations, Risk, Compliance, Finance, Technology, Global Service Center (GSC) Cairo and HR to deliver a safe, well-controlled, and client-focused franchise.
This is a senior leadership role with responsibility for driving operational excellence, regulatory readiness, and strategic change—balancing pace with prudence in a highly regulated banking environment.
Key Responsibilities
Business Management & Strategy Execution
- Translate business strategy into executable operating plans, KPIs, and governance routines; track delivery and remove blockers.
- Lead business management disciplines: performance management, pipeline/portfolio rhythm, resource planning, and prioritisation.
- Drive productivity and cost discipline, ensuring investments are aligned to client outcomes and risk appetite.
Operating Model, Process & Controls
- Own and continuously improve the business operating model across front-to-back processes (origination to servicing).
- Strengthen the control environment: operational risk, conduct, data quality, record keeping, and issue management.
- Ensure effective governance forums, decision rights, and management information (MI) to support timely, evidence-based decisions.
Regulatory & Stakeholder Management
- Act as a key senior point of contact for internal governance and, where appropriate, external stakeholders (e.g., regulators, auditors) in partnership with Compliance/Risk.
- Ensure ongoing readiness for regulatory change, audits, and reviews; drive remediation plans to closure.
Change Delivery & Transformation
- Sponsor and govern strategic change initiatives (process digitisation, client onboarding improvements, service model enhancements, controls automation).
- Partner with Technology and Operations to deliver resilient, secure, and scalable solutions; ensure benefits realisation.
- Deliver on Simplification – the colleagues and clients should feel benefits and key journeys and processes are measurably more simple
Client Experience & Service Management
- Improve client journeys and service performance (onboarding, KYC refresh, credit execution, trade/transactional servicing).
- Monitor service metrics and root-cause issues; drive cross-functional fixes that stick.
People Leadership & Culture
- Build a high-performing, inclusive team culture aligned to HSBC values.
- Develop talent, succession plans, and capability uplift across business management, controls, and transformation disciplines.
Governance & Control Accountabilities
- Maintain strong oversight of operational risk, issues, incidents, and control testing outcomes.
- Ensure adherence to HSBC policies, local regulatory requirements, and CIB standards (including financial crime, sanctions, and conduct expectations).
- Promote a culture of accountability, timely escalation, and “fix it once, fix it properly”.
Key Stakeholders
- CEO/Head of Banking Egypt; Regional COO, Functional and Product Heads
- Operations, Technology, Finance, HR
- Risk, Compliance, Financial Crime Compliance, Internal Audit
- Regional/Global COO community and functional partners
- Regulator
Candidate Profile (Essential)
- Proven track record running complex operating models and delivering measurable improvements in controls, efficiency, and client outcomes.
- Significant senior leadership experience in banking, with strong exposure to the business eg. Corporate & Institutional Banking (coverage, products, or Corporater & Institutional Banking operations/business management).
- Deep understanding of banking risk and control frameworks (operational risk, conduct, regulatory compliance, financial crime, data/records).
- Strong change leadership experience—able to mobilise cross-functional teams and deliver transformation at pace.
- Excellent stakeholder management skills, including influencing at ExCo/senior leadership level across functions.
- Strong analytical capability and comfort with MI, KPIs, and governance routines.
- Arabic Speaking
Desirable
- Experience in emerging markets and/or working with regional/global matrix organisations.
- Exposure to transaction banking, trade, payments, lending operations, or client onboarding/KYC transformation.
- Familiarity with local regulatory expectations in Egypt (or comparable jurisdictions).
- Experience working in Egypt or similar Middle East markets
Qualifications
- Bachelor’s degree required; postgraduate qualification (MBA/Finance/Management) preferred.
- Relevant professional certifications (e.g., risk, compliance, project/change) are an advantage.
What Success Looks Like (First 12–18 Months)
- Clear operating rhythm and governance in place with improved execution discipline.
- Measurable simplification progress in key client journeys.
- Stronger control environment with reduced aged issues and improved audit/regulatory outcomes.
- Tangible improvements in client onboarding/service performance and operational efficiency.
- Delivery of priority change initiatives with measurable benefits and sustainable adoption.