NCB Capital (NCBC)

The company is seeking to recruit Senior Analysts to spear-head research coverage across key sectors such as Tele-communications, Cement, Construction and Real Estate, Petro-chemicals / Oil & Gas, Industrials, etc. Coverage will ultimately encompass the broader GCC markets (MCap $ of 820 billion with an estimated MSCI Emerging Market weight of ~5.5%) which has been recently termed the most attractive value markets by Emerging Market Strategists at both CSFB and Merrill Lynch.
Key responsibilities will include research on companies within a specified sector. Apart from research reports, team members will be expected to capitalize / generate value for clients through road-shows, research events, conference calls with managements of companies, facilitating strategy and thematic research pieces for the team, etc.
Some openings are based in Bahrain, while others are based in Saudi Arabia. The role will require occasional travel to meet clients, company managements across the region and visits to team / company offices in other countries. The team is expected to benefit from training / interaction with the team at GS and an ultimate integration of research products.

NCB Capital (NCBC) is the Asset Management and Investment Banking subsidiary of The National Commercial Bank (NCB) of Saudi Arabia - the largest bank in the Middle East ('The Banker' Magazine - 2007 Ranking). NCB, head-quartered in Saudi Arabia, had assets of $ 49 billion and net worth of $ 7.1 billion at the end of June 2007.
NCBC has over 300 employees spread over Bahrain and Saudi Arabia and manages the parent's very sizeable securities, investment management and investment banking operations. In Feb '07, the company entered into an MoU with Goldman Sachs (GS) - one of the world's oldest and largest global investment banking firms which envisages a strategic agreement between the companies to co-operate across a broad range of business areas including investment management, securities, investment banking and principal investing. The memorandum includes an equity investment by GS in NCBC.
For more details about the company, check the website at www.ncbc.com

Bahrain & Saudi Arabia