Job Description

Job Title VP- Digital Value Proposition

Description

Job Purpose:Responsible for creating a digital transformation across Commercial banking with the objective of ensuring all activities & projects are delivered within the agreed scope, time, cost & quality.Key Accountabilities:Digital TransformationBuild Customer Centricity & value propositionRobust risk methodology & reportingBudgeting & project specific financial invoices managementProject Lead & ManagementDigital TransformationLead and implement key regulatory & technology driven projects including launches and enhancementsResponsible for laying down detailed transformation and executing the same as per planResponsible for establishing the new business and operating model post transformation incl. business plan, capacity, centralisationResponsible for overseeing the relevant regulatory, legal, tax, HR, operational issues pertaining to overall transformationResponsible for coordination with all external suppliers engaged in transformation program (Consultant, Law firm, etc.)Responsible for managing & ensuring alignment with all FAB Group stakeholders (Legal, Compliance, HR, Finance, IT, Business Lines etc.)Budgeting and Financial PerformanceEstablish a process and monitor the financial performance for the unit and ensure all activities are carried out in line with the approved guidelines while promptly reporting on any variances to management.Develop and execute a robust process to manage the complete dept. budget incl. Purchase orders, invoices etc.Providing insight to Leadership team on budgets, forecasted spend, resource utilizationPolicies, Systems, Processes & ProceduresEstablish governance, policies and controls for the entire unit to followEstablish a control mechanism to check the same are being followedPerform independent quality assurance and milestone review to ensure policies and process is being followed during program executionDevelop and deploy standards, methods and tools for the management of projects that are robust and fit for purposeEnsure consistency of deliverables and artefacts across all projectsReportingDevelop robust reporting and communication methodologies and tools to provide regular updates on the progress of business change and transformation portfolio. Ensure periodic reporting of status as per agreed datesEnsure transparency in risks and project status reporting and adherence to decision gatesEnsure proper governance around minutes, key decisions and agreed action stepsEnsure ongoing tracking of the plan so that key milestones are not missed. Provide early alerts, escalations and potential solutions for any risksOther planning activitiesCo-ordinate and manage capacity and demand across all digital programmesEstablish a flexible delivery model to deal with peaks in demandResponsible for coordinating with Leadership on all project approvalsQualificationsEducation required : Bachelor's Degree in Business management or relatedMBA or top tier management consulting experience is a plus.Experience :7 years+ of Work experience in banking & financial institution across geographies and 3 years in UAEProven quantitative, data-driven problem-solving skills and ability to break down large problems into smaller solvable chunks.Experience in working with commercial technology products, digitisation & distributed systemsComfortable using data management tools to explore data when necessary.

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