Job Description
Company Description
Join the UAE’s largest bank and one of the world’s largest and safest financial institutions. Our focus is to create value for our employees, customers, shareholders and communities to grow through differentiation, agility and innovation.
We are looking for top talent and your success is our success. Accelerate your growth as you help us reach our goals and advance your career. Be ready to make your mark a top company, in an exciting and dynamic industry.
Job Description
1-Generic Accountability
Business Partnering
- Act as a key business partner across CCB & IB on business performance and strategic issues, helping to drive the business forward
- Conduct market research analysis and proactively identify trends and opportunities for business improvement and growth
Reporting
- Preparation & development of best-in-class MIS reporting which meets the needs of Business, Department & Group
- Assist the SVP Head of Finance – Analysis & Governance in providing adequate support to the business CFO by conducting research, data collection and analysis, presenting findings and suggestions
Products, Policies, Systems, Processes & Procedures
- Provide inputs for implementation of policies, new products, systems and procedures for the CCB & IB Business Finance team so that all relevant procedural/legislative requirements, fulfilled while delivering a quality, cost-effective service.
2- Specific Accountability
- Research and identify industry best practices and trends to identify inefficiencies and ways to increase effectiveness, synthesize research findings into useful insights and recommendations and produce reports for senior management
- Acquire and apply advanced knowledge of the business strategies, products and processes by means of qualitative or quantitative research methodologies
- Gather data from various databases and sources, use mixed-method approaches to data analysis and develop presentations on data findings to support decision making
- Perform market scanning and research business opportunities and determine good investments through market absorption studies, rate analysis studies, and financial modelling
- Contribute to writing proposals and presentation creation
- Develop financial analysis tools to evaluate projects including feasibility analysis, budgeting, variance, and ROI
- Provide financial support and analysis for strategic business decisions and cost saving initiatives
- Generate models and ad hoc financial analysis reports, presentations and other exhibits as requested
- Coordinate the timely and accurate reporting & analysis of the results of the business functions’ performance against historical, budgeted, forecasted and strategic planning results to support facilitating decision-making
- Conduct regular analysis of CCB & IB’s financial performance and generate strategic insight and options for Senior Management in Finance and the business
- Provide key inputs where necessary across Business Management forums; MIS reviews as well as contribute towards value added commentary and insight specific to CCB & IB where necessary
- Conduct assessment of FAB and CCB & IB’s performance and strategic direction against appropriate benchmarks and peers
- Gather, research and use relevant market, competitor and industry information to support and communicate ideas
- Key business finance contact for all Control & Governance queries, leading discussions, as appropriate, with both the business as well as relevant enablement functions – Group Finance, Risk, Audit.
- Cultivate strong relationships with senior stakeholders throughout the organization and seek buy-in to the ideas and direction
- Manage projects driven by new regulatory requirements in International locations to ensure the key criteria of the regulation is met in a sustainable, efficient and effective manner
- Ensure compliance and control of specific accounting processes and practices for proposed new product initiatives or product variations.
- Contribute towards the development & rollout of enhanced MIS to support CCB & IB & International
- Provide input to wider Finance strategy activities and strive to work together effectively on overall regional and global programs.
- Provide insights, inspire & help develop the CCB & IB Business Finance function
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Qualifications
Minimum Qualification
- 3 - 5 years of relevant experience in market research and analysis or management consulting, preferably in the banking sector and financial institutions.
- Tertiary qualifications preferred e.g. MBA, CFA,
- Self-starter, with experience in Consulting, Bank Equity Analysis and Bank / Bank Market Strategic Analysis desired
- Strong presentation skills and adept in MS Productivity tools e.g. MS PowerPoint and MS Excel
- Technical knowledge of Wholesale & Investment Banking products. Senior level of experience in analysis, strategic planning, banking and financial markets with ability to interpret key financial metrics and economic indicators
- Proven ability in liaising & dealing with Business leaders, CFO, Enablement heads, Auditors & external consultants
- Proven leader with an ability to influence strategic decisions at a senior management level
- Excellent communication skills with a high degree of personal integrity who can deliver under pressure
- Commercially-oriented mind-set and keen awareness of significant trends in financial markets and banking
- Ability to use and apply key strategic concepts, models and tools
Minimum Experience
- 5-8 years’ relevant experience from a leading International Financial Institution(s)