Rashid Al-Suqair, Business Development

Rashid Al-Suqair

Business Development

Saudi Arabian Monetary Agency

Location
Saudi Arabia - Khobar
Education
Master's degree, Management
Experience
1 years, 6 Months

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Work Experience

Total years of experience :1 years, 6 Months

Business Development at Saudi Arabian Monetary Agency
  • Saudi Arabia - Riyadh
  • March 2012 to April 2013

• Managed team of 12 representatives from SAMA and participant banks to oversee Prepaid Payment Services (PPS) Pilot Program, including review and editing of Regulatory Rules, supervision of bank application process, support of project implementation by banks, and refinement of Prepaid Card issuance process, resulting in national launch by more than 10 banks to-date and enhanced financial inclusion of prior unbanked residents
• Analyzed and critiqued technology-related financial products, made approval recommendations to Director, and ensured compliance with SAMA rules, including launch of new internet banking interface, distribution of new prepaid credit cards, transformation from paper- to internet-based bank signatory database, and creation of new bank account scheme
• Served as SAMA’s representative to consult on Wage Protection System (WPS), a Ministry of Labor national initiative to ensure workers in KSA receive salaries on-time and in-full via monitored process, ensured banks implement all necessary system changes to comply with WPS requirements, and organized nationwide collaboration workshops
• Managed quarterly merchant satisfaction survey regarding SPAN linked point-of-sale (POS) terminals, measured system updates impact, and developed project business cases, including enablement of POS offline and contactless transactions
• Assisted development of updated SPAN Operating Rules, Standards and Procedures, driving streamlined and standardized operational processes of primary activities within unit
• Supported launch of new SPAN website, including design selection, content development and editing, and management of pre-launch User Acceptance Testing and subsequent modifications
• Served on 8-member evaluation committee representing SAMA and member banks to select a marketing firm to manage advertisement of new SPAN brand
• Researched potential KSA market entry of international credit card company, focusing on potential regional brand acceptance, and presented recommendations to Director on whether company should enter market at current time

Procurement Analyst at National Industrialisation Company (Tasnee)
  • Saudi Arabia - Jubail
  • January 2012 to March 2012

• Managed process to review, analyze, and approve purchase requisitions and related vendor proposals and awarded Purchase Orders to vendors of value up to SAR1 million
• Evaluated contracts and negotiated pricing, service, payment and related terms with manufacturing, IT and other vendors
• Liaised between vendors and end-users to clarify technical proposals and Scope of Work definitions

Internship at Merrill Lynch
  • United Arab Emirates - Dubai
  • August 2010 to September 2010

• Prepared reports to identify regional investment opportunities worldwide for use by Financial Advisors
• Conducted client case studies to understand financial position, risk tolerance, and expected return, analyzed security markets, and constructed draft client portfolios

Education

Master's degree, Management
  • at London Business School
  • September 2014
Bachelor's degree, Finance
  • at Prince Mohammad bin Fahd University
  • July 2011

• GPA: 3.47 / 4.00 • Dean’s List for outstanding academic performance • Recipient of King Abdullah Scholarship

Specialties & Skills

Business Development
Microsoft Office
Presentation Skills
Financial Analysis
Project Management
Presentation Skills
Business Development
Microsoft Office
Project Management
Financial Analysis

Languages

Arabic
Expert
English
Expert

Memberships

London Business School Energy Club
  • Vice President
  • September 2013
London Business School Private Equity Club, Finance Club, Consulting Club, Industry Club,
  • Active Member
  • August 2013
Giving Hands
  • Strategic Planner
  • April 2013

Training and Certifications

Communication Skills Training (Training)
Training Institute:
Dale Carnegie
Date Attended:
March 2013
Project Management Professional (Training)
Training Institute:
SAC
Date Attended:
October 2011
Project Management: Skills for Success (Training)
Training Institute:
Learning Tree International
Date Attended:
May 2012