Vp, Business Finance Coverage, Cmb & Contracting

Abu Dhabi, United Arab Emirates

Job Description



Job Title VP

Description

JOB PURPOSE: The CCIB & IB Business Finance team comprises of individual functions globally supporting the following products Global Corporate Finance, Transaction Banking, Global Markets along with the Coverage function. The unit falls under the Group Finance department and reports to the CFO, CCIB & IBKey priorities of this role include:Act as a trusted Finance advisor on business performance & strategic issues specific to the businessProviding world class financial reporting & support services, adding value through providing professional, independent & objective financial advice, which assist in the achievement of business objectives whilst complying with Group policies and standards, and external statutory obligations.Production of financial & management accounting reporting statements for the functional area of responsibility in line with Group reporting standards, whilst maintaining a robust control environment.KEY ACCOUNTABILITIES: This section shall not be customised to reflect accountabilities which may be unique to one role. Please use Section 5 to capture any accountabilities specific to the role which are over and above those mentioned in this section.Generic AccountabilityBusiness PartneringEnhance value added business partnership to drive business performanceReportingPreparation & development of best in class MIS reporting which meets the needs of Business, Department & GroupContinuous ImprovementParticipate in the identification of opportunities for continuous improvement and sustainability of systems, processes and practices considering global standards, productivity improvement and cost reduction.Products, Policies, Systems, Processes & ProceduresProvide inputs for implementation of policies, new products, systems and procedures for the CCB Business Finance team so that all relevant procedural/legislative requirements, fulfilled while delivering a quality, cost-effective service.Specific AccountabilityEnsure that Finance act as a key business partner for Corporate & Commercial Banking Coverage and trusted advisor on business performance and strategic issues, helping to drive the business forwardProvide key inputs where necessary on across business management forums MIS reviews as well as contribute towards value added commentary and insight specific to both Coverage & other CCB products where necessaryContribute towards the development & rollout of Customer/Segment MIS to support CCB & InternationalComprehensive P&L analysis including detailed analysis and interpretation of daily, weekly & monthly performance of CCB Coverage.Perform periodic segment/ sector analysis, hold customer reviews with the businessKey business finance contact for all global Coverage queries, leading discussions, as appropriate, with both the business as well as relevant enablement functions.Provide relevant support to SVP, Business Finance, ensuring all business transacted is 'compliant, safe and sustainable'Managing the day to day and month end controls of P&L and Balance Sheet reconciliation, substantiation and reporting for CoverageDevelopment and ownership of Coverage relevant policies and accountability for adherence therewith. Identification & reporting of any policy breaches. Development and implementation of Global operational financial policies and procedures for the specific functional areas.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 mannerEnsure compliance and control of specific accounting processes and practices for proposed new product initiatives or product variations.Maintain Key linkages & strong working relationships with senior business leaders within both Coverage, Group Finance as well as Senior Management across other enablement functions.Work with Treasury on any FTP, capital and liquidity matters affecting both Coverage & CIB products as requiredProvide input to wider Finance strategy activities and strive to work together effectively on overall regional and global programs.In conjunction with FP&A, continuously assess the quality of service provided to the principal customers and strive to ensure that the area adds value to their objectives through the provision of accurate and valuable financial data and advice.Engender a culture of continuous improvement within the CCB Business Finance team, ensuring that operations are kept continually under review and that all opportunities for re-engineering and achieving economies of scale are identified, implemented.Review existing systems / processes / procedures and MIS to proactively identify areas of improvements.Provide leadership, inspire & help develop the CCB Business Finance function.FRAMEWORKS, BOUNDARIES, & DECISION MAKING AUTHORITY: Functions within the framework and boundaries of Group policies as well as overall organisational and governance frameworks.Authorised to take decisions as per the approved authorisation matrix.QualificationsQUALIFICATIONS & EXPERIENCE: Minimum QualificationQualified Finance Professional eg ACA/ICAEW, CIMA, CFATechnical knowledge of Wholesale & Investment Banking productsProven 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 consultantsProven leader with an ability to influence strategic decisions at a senior management levelExcellent communication skills with a high degree of personal integrity who can deliver under pressureMinimum Experience10 years' relevant experience from a leading International bank(s)

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Job Detail

  • Job Id
    JD1474377
  • 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