Emirates Islamic Hiring for Assistant Vice President, Business Performance Job at Dubai Full Time

Business Performance team is responsible for embedding a robust financial performance management framework providing actionable performance reporting developing new insightful MI and analysis supporting strategic initiatives and business partnering

Brief Description:

• Support the managementEXCO the Board aided by the power of financial information and help them to strategies the banks vision and growth This will be derived through qualitative MIS analytics value creation and identifying key business drivers
• Standardize processes operations reporting etc and adhere to the best practices in the group
• Provide financial guidance and support to the business ensuring a robust financial control environment and conformance with Group Accounting Policies and related Accounting Standards
• Compliance with circulars issued by regulatorsCBUAE which have impact on processes managed by Business Performance team
• Manage the overall delivery of financial processes including reporting budgeting and forecasting

Detailed Description:

• Drive Performance Management of the bank through a robust challenge review process across actual performance forecasts budgets
• Add value to the strategic direction by driving the medium term planning annual budgeting and continuous forecasting process by adopting best practice performance management techniques and KPIs for the bank in support of CFO CEO EXCO and the Board
• Add value to the strategic direction by assisting CFO CEO EXCO and the Board derive Bank vision mission and aspiration as well as values and behaviors and role model values and behaviors particularly on performance
• Run an efficient program and cost management framework for the Bank which would help controlmanage costs capex and opex Also will help govern the approval of businesses cases for major strategic investments into infrastructure technology and channels monitoring and tracking of the investments post implementation review
• Drive Value Based Management for the Bank including establishment of a best in class economic profit framework in conjunction with businesses technology and risk in line with Basel and proven Economic Profit techniques
• Manage Investor Relation related activities Comms for Financial Resultsexternal and internal publication of Investor Presentation and other documents on EI website coordinating with Marketing and Group IR team for related activities
• Manage E2E Credit rating process Analysis of data provided to Credit Rating AgencyCRA Review the draft report issued by CRA and ensure suggested changes are incorporated in the report Strong coordination with Risk Business and CRA
• Supporting Local EI ALCO sub ALCO committee in monitoring all the ALCO dashboard items and raising flags and warning when necessary for management to take necessary action
• Active balance sheet management for strategic planning opportunity and risks identification and optimizing leverage on Product balance sheet
• Review key performance

• Professional Qualification CIMA CA CPA
• Knowledge of the banking business ability to understand business requirements and the ability to combine good financial acumen with the accounting principles other regulations to contribute to the Bank strategy and profitability
• Should have indepth knowledge of the banking business International Financial reporting standardsIFRS BASEL recommendations
• Should be able to manage medium sized multi layered teams help motivate them provide guidance to help the team achieve its objectives Should be able to extract the best of talent within the individuals of the team To have the ability to manage the career aspirations of the team members
• Should be able to manage relationships at EXCO level Should be able to satisfy the requirements of EXCO and also be able to impress upon them with valuable financial insight
• Comfortable to work in a relatively unstructured and multicultural environment