VP- Digital Value Proposition

  • Full-time
  • Sub Division: Commercial Banking
  • Division: Corporate and Commercial Banking Group

Company Description

Now it’s your time to join the #1 bank in the Middle East and one of the most prestigious financial companies in the region. Shaking up the world of banking requires a lot of smarts and skill. We’re looking for the brightest and best to help us reach our goals and we’ll also help you reach yours. Your success is our success as you grow stronger in your career. Join us and leave a legacy of your own, as a pioneer in both the company and the industry.

Job 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 Transformation
  • Build Customer Centricity & value proposition
  • Robust risk methodology & reporting
  • Budgeting & project specific financial invoices management
  • Project Lead & Management

Digital Transformation

  • Lead and implement key regulatory & technology driven projects including launches and enhancements
  • Responsible for laying down detailed transformation and executing the same as per plan
  • Responsible for establishing the new business and operating model post transformation incl. business plan, capacity, centralisation
  • Responsible for overseeing the relevant regulatory, legal, tax, HR, operational issues pertaining to overall transformation
  • Responsible 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 Performance

  • Establish 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 utilization

Policies, Systems, Processes & Procedures

  • Establish governance, policies and controls for the entire unit to follow
  • Establish a control mechanism to check the same are being followed
  • Perform independent quality assurance and milestone review to ensure policies and process is being followed during program execution
  • Develop and deploy standards, methods and tools for the management of projects that are robust and fit for purpose
  • Ensure consistency of deliverables and artefacts across all projects

Reporting

  • Develop 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 dates
  • Ensure transparency in risks and project status reporting and adherence to decision gates
  • Ensure proper governance around minutes, key decisions and agreed action steps
  • Ensure ongoing tracking of the plan so that key milestones are not missed. Provide early alerts, escalations and potential solutions for any risks

Other planning activities

  • Co-ordinate and manage capacity and demand across all digital programmes
  • Establish a flexible delivery model to deal with peaks in demand
  • Responsible for coordinating with Leadership on all project approvals

Qualifications

Education required :

  • Bachelor's Degree in Business management or related
  • MBA 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 UAE
  • Proven 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 systems
  • Comfortable using data management tools to explore data when necessary.
Privacy PolicyImprint