AVP- Business Finance - Global Transaction Banking - Emiratised Role

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 such as 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 to specific business requirements.
• Providing in-depth Financial Analysis for Global Transaction Banking (GTB) to provide value-added insight & support to the business in achieving their targets.
• Contribute fully to transforming FAB Finance through engagement in various transformation initiatives.

• Financial Control & Governance Oversight

• Review GTB daily P&L, investigate and analyze the variances. Any material variations to be flagged and remediated with the 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 fall 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 aging.
• Provide attestation and ensure signoff 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 points.
• Maintain SOPs for all processes and tasks that fall 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 & BRDs Review

• Support HoGTB Finance in reviewing the Capex P/L benefits such as revenues, cost savings, and KPIs are appropriately captured in BCD documents.
• Assess profitability of new projects and challenge business on ROI.
• Maintain repository of approved BRDs to review at a later stage to challenge business.
• Work with GTB Channels and product team to gain full understanding of projects and their benefits.
• Collaborate with business and CPMO on Value reporting of projects that went live.
• Critically assess KPIs 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. E.g., Negative Income.
• Collaborate with FP&A to design and develop new MI reports that provide 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 are any optimization initiatives.
• Liaise with Trade Risk distribution team and ensure risk participation payouts are accrued in the 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 improve Customer Satisfaction and productivity.

• 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 the ability to interpret key bank ratios and economic indicators.
• Proven ability in direct management of a finance team from leading International Bank(s).
• Proven ability in liaising & dealing with Business leaders, GCFO, Enablement heads, Auditors & external consultants.
• Excellent communication skills with a high degree of personal integrity who can deliver under pressure.
• Commercially oriented mindset and keen awareness of significant trends in financial markets and banking.
• Ability to use and apply key strategic concepts, models, and tools.

• 8 years relevant experience from leading international bank(s).