AVP- Business Finance - Global Transaction Banking - (Emiratised Role)
Full time
na First Gulf Bank PJSC
no
UAE
Publicado em January 29, 2025
Detalhes do emprego
AVP- Business Finance - Global Transaction Banking - (Emiratised Role)
- Full-time
- Sub Division: Finance - CCB, IB & International
- Division: Group Finance
- 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.
- Provide in-depth Financial Analysis for Global Transaction Banking (GTB), offering 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 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 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.
- 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. Eg: Negative Income.
- Collaborate with FP&A to design and develop new MI reports that provide new perspectives.
- 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 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.
- 8 years’ relevant experience from a leading international bank(s).
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