Appointed Representative for Jordan & GCC
National Standard Finance
Total years of experience :33 years, 2 Months
I am in the wealth management and client relationships Introducing National Standard Finance NSF activities.
NSF acting as a credit base investor and do lease base transactions taking an equity position in the Assets in which NSF invest and then lease this investment back to a credit worthy entity trusting that the entity will provide and make the lease payment for the term of the contract as scheduled Monthly, Quarterly Or Semiannually, where upon the completion of that term the Assets reverts back in ownership to the original sponsor.
No additional cost will be applied so NSF will fully amortize the investment during the term of the lease.
The operation and control of the assets in which NSF takes ownership during that term is 100% in the hands of the lessee they totally responsible for it they can practically do what every they would like to do with it during the term that is completing the construction, operation and maintenance.
All what NSF care about is unconditional commitment that NSF will receive there lease payment during the term agreed upon. Our requirement for an acceptable investment-grade guarantor is absolute in all of our transactions.
The amount to be financed is not material for NSF, and really it got no key significant effect in any big transaction.
Project funding model is clearly superior to the global market for infrastructure projects in two critical categories: cost of funds (at least 50% lower!!) and term of lease (25 - 30 years vs. average of 10).
In other world the structure providing 100% funding of project costs plus the associated benefits to the sponsor; specifically, fixed low cost of funds, long-term amortization, no profits participation and no equity sharing on the back-end of the transaction.
Global Investment House : www.globalinv.net in Jordan was established in 2005 as a privately held Jordanian company, with the aim of being a full-fledged investment banking arm of Global in Jordan.
Global's operation in Jordan is one of the largest outside Kuwait • Develops and leads a wealth management team that promotes Global's financial products and services to existing and potential clients.
• Responsible for all aspects of team development including recruitment, coaching and training, providing assistance in wealth management planning, supporting team members in clients' meetings, motivating team members and monitoring and managing team performance.
• To strive to increase the number of high net-worth clients and to establish strong relationships with such clients by helping them define and achieve their investment goals., by answering their queries and by resolving their complaints.
• Follow up on his/her clients' payments of outstanding loans and capital calls.
• Reviewing and updating procedures, incentive schemes also responsible for development of strategies for expanding client base. Insure that services given to the investors are on time
• Continuously updating and upgrading knowledge of Global's products and services as well as finance, market information.
• Working on Prospero System that used in Merrill Lynch, Abu Dhabi Bank and reputable Swiss financial institutions.
• Coaching and training the team members in terms of knowledge (products, processes, market, etc ), attitude (confidence, positive, cooperative, etc ), skills (sales, prospecting, administration, customer service, etc ).
• Participating in setting the sales targets for each team member.
• Monitoring sales performance of team members through reviewing the weekly, monthly and quarterly log of sales.
• Handling client complaints.
• Developing and expanding client base, escalating sales and elevating customer satisfaction.
• Undertaking end of year evaluation of team members under supervision
Board Member in First Jordan Investment Co. PLC
Member of the internal Auditing committee
• Name and address of employer First Jordan Investment PLC, Amman - Jordan
• www.firstjordan.com.jo
• Appointed by the chairperson Mrs. Maha Al-Gonam as representative of NOORA for Investment a Private Kuwaiti Co.
• A Co. I worked on since I appointed 2005 in Global I collected the capital from the founders, the majority of the shareholders in this Co. were Global.
• Witness the IPO of the Co. and its listing.
• To provide the service of foreign exchange and precious metals plus the American shares from the New York Stock Exchange through our office in London.
• Recruit and train the marketing team to look for the prospects and supervise their activities in the market.
• To insure that the service given to the investors are on time with accuracy supported by knowledge and market information that helps our investors to take the right decisions.
• Preparing advertisement and publicity to promote our activities.
• Following up the marketing team in order to maintain and improve the productivity and map out the Camp. strategy and roadmap.
• Study the market conditions and competitions to apply the best communication skills required to achieve the objective.
• Arrange all the international reports coming from different sources to insure that our clients have the best service.
• Coordinates with other Dep. In the Camp. for necessary support .
• Meeting the prospects to explain the market for them.
• Managing the preparation of the marketing budget and the Comp. revenue forecast.
• Arranging with London all the requirements, margin calls and the correct day-to-day works in accordance with FSA regulations.
• Looking after Conduct, Behavior, and Appearance of all Camp. Workers.
• Following up, renewing all banking facilities. All Banking transaction occurs monitored by me.
• Controlling and following up Banks Credits, guarantees given to others and conduct necessary alternation
Preparation of sheets and supported records to follow up:-
# Bank Guarantees # Bonds
# Banking Commissions # Promissory Note
# Over Drafts # Letter of Credits
• Conduct final negotiations with authorized persons to finalize contracts for the projects.
• Make the necessary insurance covers on the shipments and projects through the insurance Camp's.
• Controlling all Commercial Incoming / Outgoing correspondences,
• Produce the brochures to expand works.
• Got a certificate from "Arab National Bank" for the courses given about the letter of credits, and the international laws governing the dealing of such sensitive topic
(1) Marketing activity: The Camp. Represent an international Comp. Called "Bartello" a producers of Archive machines, which highly demanded by government departments to arrange their files such as: -
# Traffic Dep. # Passport Authority
# Civil Defense # National Guard
# Ministry of Justice # Ministry Defense and Aviation
The closing was through my activities, I focusing on the following:-
A- Preparation and submittal of offers to officials in charge.
B- Considering the requisition of governmental or civil sectors and conducting field visits to the working sites.
C- Taking care of after -sale services.
D- Expanding in promotion, in order to obtain as much maintenance contract as possible.
(2) MARKETS OPPORTUNITIES: -
Search for suitable investments alternatives, then submission of a complete study on such alternatives to the Board of directors for approval to start executing from my side.
The Forex trading was one of the main activities that I achieved well in this period and got credit from the chairman.
• B.A. in Banking and Finance, from Yarmok University, 1988 Irbid - Jordan.
• High School Diploma from Islamic Scientific College, 1971-1984. Amman - Jordan • Computer skills which included: • Windows Operating System. • Microsoft Office Applications. • Internet Skills. • Latter of credit course by Arab National Bank - KSA
