Turki AlAhmed

Responsibilities:

• Identify opportunities to expand BENEFIT services across geographies
• Liaise regularly with executive management, Board of directors and advisors to provide information and updates on ongoing projects and activities, and contribute to driving overall company strategy
• Identify international markets that BENEFIT can penetrate and expand their services into
• Establish relations with key players in international markets
• Maintain and develop relationships and partnerships with the banks and non-banks members of BENEFIT in coordination with the business lines (e.g., BCRB, E-KYC, SWITCH, and Payment Services).
• Establish and sustain proper and effective communications with the members and stakeholders along with communicating internally all needed updates or requirements needed for the implementation, service performance, and planning of new initiatives.
• Maintain and develop the partnership & alliances entities including private and public sectors in addition to international networks to support BENEFIT's strategic initiatives and projects and widen the uses cases and scenarios of BENEFIT services in the community.
• Widen the utilization and adoption in different domains and merchants, billers, and other related categories.
• Continuously develop the department processes and procedures.
• Strengthen the relationship and communications with all stakeholders through coordination with BENEFIT Business owners.
• Sustain innovation via new potential/ideas with potential stakeholders.
• Fostering a cashless society through coordination with potential stakeholders and partners.
• Help in penetrating the untapped market through coordination with potential stakeholders and partners.
• Support SMEs and Fintech Companies through coordination with strategic partners and authorities.
• Establishment of new department (Business Partnerships & Relationships) reporting to Deputy CE
• Enhance and maintain communications & relationships with the existing members of BENEFIT and to have more constructive communications for better awareness of services and business development.
• Identify and develop strategic partnerships and alliances to fulfill BENFEIT overall objectives.

Responsibilities:

• Design and execute strategic plans for Fintech Galaxy Bahrain in alignment with company's strategic expansion and financial objectives
• Liaise regularly with executive management, Board of directors and advisors to provide information and updates on ongoing projects and activities, and contribute to driving overall company strategy
• Identify key performance indicators and set goals for subsidiary, monitor performance and progress, and plan towards achieving those goals
• Identify and mitigate potential risks and challenges that the subsidiary may face, including financial, legal, operational risks, and take necessary actions when needed
• Build, manage and monitor Bahrain team, assist them to meet their organizational goals, and ensure team members have necessary tools needed to perform their jobs; make use of existent resources in other countries where Fintech Galaxy has a presence in
• Set and implement policies that meet applicable regulations and requirements of legal authorities, auditors, and other certification-related institutions (i.e. ISO, etc.)
• Ensure compliance with all applicable laws and regulations in Bahrain, including labor law, Open Banking regulations, and other regulations as may be issued by Central Bank of Bahrain and other authorities
• Obtain necessary licenses for Fintech Galaxy to operate in Bahrain, including Account Information Service (AIS) and Payment Initiation Service (PIS) licenses under Bahraini jurisdictions
• Build and maintain good relationships with Fintech Galaxy's existent and prospective clients, cultivate new client and partner relationships to achieve sales targets as set by company
• Conduct market research and analysis, as well as SWOT analysis for the company in Bahrain, plan and implement improvement activities where necessary
• Manage Profits and Losses for subsidiary and regularly issue statement reports, mitigate risks of additional losses, and develop policies and procedures to optimize profits
• Lead sales and partnership activities and negotiations while prioritizing Fintech Galaxy's interest
• Ensure company's image is maintained across all its activities, especially while dealing with external parties (clients, vendors, partners, fintechs, etc.)
• Actively promote Fintech Galaxy as the Open Finance partner and contribute to market placement and promotion of its products
• Oversee all local operations, monitor all activities and implement changes to align with Fintech Galaxy's vision and strategy

Responsibilities:

• A&D with engaged vendors and stakeholders to further develop and enhance the platform- Monitoring system performance and stability - International Conferences

• Managing project implementation and progression with involved stakeholders such as:

- Regulators (CBB, IGA, MOICT...)

- Vendors

- Bahrain Association of Banks

- Retail & Digital Banks

- Money Changers

- PSPs

- Insurance Companies

- Investment Companies

- Fintech Companies

• Project Development: Management of relationship with vendor including governance
• Overseeing daily operations of eKYC Platform: Monitoring user management operations and troubleshooting of system defects reporting and escalation.
• Management of eKYC Training Program

- Creation of training program with local institute for system users

- Monitoring progress and performance of the institute

- Personally training of system users onsite

• Showcasing & Promotion of eKYC Platform in:

- Local News

- Local Events

• Engagement with Local & International Companies to explore synergies and collaboration opportunities

Responsibilities:

• Governmental Process Enhancement

Engaging with Government & Private Stakeholders to Streamline Governmental Processes

• Streamlining Company Establishment Regulations, Policies & Procedures

- Analysis of current company establishment procedures/procedures and enhancing through bench-marking and process engineering proposed to high-level decision makers.

• Governmental Enhancement

- Connecting with Government officials and initiating joint meeting to align in implementation Bahrain's 2030 vision.

• FDI Company Establishment Facilitation
• Engaging with Foreign Investors and assisting in company setup in the following sectors:

- Financial Services

- Fintech

- Manufacturing

- Logistics

- Tourism & Leisure

Responsibilities:

• Inspection of Financial licensees
• Examining and reporting components such as:

- Capital Adequacy

- Management quality

- Operations

- Policies and procedures

- Risk and impact

- Transparency

- Asset Quality

- Liquidity Equity

Responsibilities:

• DNRO Project : Developing and deploying a new Domain Name Registration Office to grow domain names as a national resource in Bahrain; implementing international trends in DNRO of Bahrain.
• Domain Name registration : Carrying out domain name registration operations.
  
• NNP operations : Supporting National Numbering Plan team on granting and managing numbering blocks to operators.
  
• NP : Supporting Number Portability team on management of number portability between donor, recipient, and consumers.
  
• QoS : Supporting Quality of Service e team to maintain and assure quality of service provided by operators to end customers.