Specialist- Business Finance - Coverage Emiratised Role

The CCB & IB Business Finance team comprises individual functions globally supporting the following products: Global Corporate Finance, Transaction Banking, and Global Markets, along with the Coverage function. The unit falls under the Group Finance department and reports to the CFO CIB & International.

Key priorities of this role include:

• Act as a trusted Finance advisor on business performance & strategic issues specific to the business.
• Providing world-class financial reporting & support services, adding value through professional independent & objective financial advice which assists in the achievement of business objectives while 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 while maintaining a robust control environment.

The IB Business Finance function is responsible for all finance matters specific to the Investment Banking business, including but not limited to: Performance Control, Forecasting, Budgeting & Strategy. In addition, the function provides key support to other Group Finance functions such as Treasury, Central FP&A, Tax, as well as Financial & Regulatory Reporting.

KEY ACCOUNTABILITIES:

This section shall not be customized to reflect accountabilities 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 Accountability

Business Partnering

• Promote the organization's values and ethics in all activities within the team to support the establishment of a value-driven culture within the bank.

Policies, Systems, Processes & Procedures

• Assist in obtaining data and implementing controls as part of tactical and strategic solutions for current time-consuming processes with an objective to enhance governance, accuracy, and efficiency of the output for financial & management reporting.

Continuous Improvement

• Participate in the identification of opportunities for continuous improvement and sustainability of systems, processes, and practices, considering global standards, productivity improvement, and cost reduction.

Reporting

• Assist in current processes to facilitate management and financial reporting and analysis.

Specific Accountability

• Support functional VP & SVP in relation to Investment Banking Financial New Product Approvals AOV/Financial Control.
• Assist with finance-related projects/analysis within the Corporate and Investment Banking Finance unit.
• Contribute towards and ensure that Finance acts as a key business partner for the Coverage business and trusted advisor on business performance and strategic issues, helping to drive the business forward.
• Provide key inputs where necessary across business management forums; MIS reviews as well as contribute towards value-added commentary and insight specific to Coverage encompassing CIB products where necessary.
• Assist with periodic segment/sector analysis, business, and customer reviews.
• Perform calculations and computation of Commercial Banking Business & RM Incentives.
• Contribute towards the development & rollout of Customer/Segment MIS to support IB globally.
• Comprehensive P&L analysis including detailed analysis and interpretation of daily, weekly & monthly performance of Coverage.
• Support the team with internal audit to ensure a zero unsatisfactory audit environment.
• Become an expert on Group Finance systems (Power BI, OBIEE, One Sumix, and T24).
• Support the annual BCP for Corporate & Investment Banking Finance unit.

Qualifications:

Minimum Qualification

• Bachelor's degree in Engineering/Accounting/Finance.

Minimum Experience

• Knowledge of capital markets and financial market products.
• Ability to navigate and work with large volumes of data efficiently (Excel, Macros, VBA scripting).
• Basic accounting knowledge.
• Excellent analytical and problem-solving skills.
• Enthusiastic and curious to learn.
• Proven ability in liaising & dealing with Business Enablement functions, Auditors & other internal customers.
• Excellent communication skills with a high degree of personal integrity who can deliver under pressure.

Remote Work:

No

Employment Type:

Full-time