Avp Business Finance Global Transaction Banking (emiratised Role)

Abu Dhabi, United Arab Emirates

Job Description

Company DescriptionJoin 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. The GTB Business Finance function is responsible for all finance matters specific to the GTB - business including, but not limited to, Performance, Control, Forecasting, Budgeting & Strategy. In addition, the function provides a key support role to other Group Finance functions, Treasury, Central FP&A, Tax as well as Financial & Regulatory Reporting.Key priorities of this role include:
  • Support GTB Business Finance in implementing a strong financial governance framework across the UAE and International locations encompassing performance reviews, budgeting process, financial control, regulatory and internal audit matters, country strategy and internal / external communication.
  • Act as a trusted advisor on business performance and main point of contact for responding specific business requirement.
  • Providing in-depth Financial Analysis for Global Transaction Banking (GTB), provide value added insight & support to business in achieving their target.
  • Contribute fully to transforming FAB Finance through engagement in various transformation initiatives.
Effectively coordinate, communicate, and build excellent relationships with key stakeholders across Finance and GTB Business.KEY ACCOUNTABILITIES:
  • Financial Control & Governance Oversight
  • Review GTB daily P&L, investigate, and Analyse the Variances. Any material variations to be flagged and remediated with relevant Operations and IT team.
  • Regularly assess and investigate, when required, the integrity of financial information.
  • Assist Account controller to manage and review all accounts that falls under GTB business. Perform Conformance testing on a sample list of accounts in coordination with GFC.
  • Ensure Group AOV policy is fully adhered to and confirm appropriate classification of accounts and ageing.
  • Provide attestation and ensure sign-off in One FC in a timely manner without any red flags.
  • Coordinate with GFC to maintain and support the framework of financial controls.
  • Ensure zero unsatisfactory audit point.
  • Maintain SOP\'s for all processes and tasks that falls under GTB business finance, documented with relevant approvals
  • Review and ensure GTB product papers covering Trade, Cash and OD are appropriately reflecting detailed accounting schema including VAT containing GL, product category.
  • GTB Projects & BRD\'s Review
  • Support HoGTB Finance in reviewing the Capex, P/L benefits such as revenues, cost savings and KPI\'s are appropriately captured in BCD documents.
  • Assess profitability of new projects and challenge business on ROI
  • Maintain repository of approved BRD\'s to review at a later stage to challenge business.
  • Work with GTB Channels and product team to gain full understanding of projects and its benefits.
  • Collaborate with business and CPMO on Value reporting of projects that went live.
  • Critically assess KPI\'s once the projects are live on an ongoing basis.
  • Develop GTB Projects Capex reports providing a view on YoY spending and challenge business on benefits accrual.
  • Performance Reporting & Exception reports
  • Work closely with FPA & FR to develop exception reports to ensure integrity of financial and management reporting. Eg: Negative Income
  • Collaborate with FP&A to design and develop new MI reports that provides new perspective.
  • Liaise with GT on FTP related queries from business covering Trade products.
  • Assist HoGTB in reviewing and developing analytics around ECL & RWA to proactively monitor and assess if there any optimisation initiatives.
  • Liaise with Trade Risk distribution team and ensure risk participation payouts are accrued in respective period without any lag.
  • Work with Risk and CAD to ensure Risk distribution numbers are consumed for cRWA calculation.
  • Transformation and Continuous Improvement
  • Support ongoing finance transformation projects in liaison with wider finance teams such as UAT participation etc.
  • Seek to identify and recommend changes that improves Customer Satisfaction and productivity.
#LI-MA3QualificationsMinimum Qualification
  • Professional qualifications preferred e.g. ACA, CPA, MBA
  • Self-starter, with experience in financial analysis and performance analysis desired
  • Strong presentation skills and adept in MS Productivity tools e.g. MS PowerPoint and MS Excel
  • Technical knowledge of Corporate & Investment Banking products. Senior level of experience in finance, analysis, strategic planning, banking and financial markets with ability to interpret key bank ratios and economic indicators.
  • Proven ability in direct management of a finance team from a leading International Bank(s)
  • Proven ability in liaising & dealing with Business leaders, G-CFO, Enablement heads, Auditors & external consultants.
  • 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
  • 8 years\' relevant experience from a leading international bank(s)

First Abu Dhabi Bank

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Job Detail

  • Job Id
    JD1739468
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Abu Dhabi, United Arab Emirates
  • Education
    Not mentioned