Executive Director- Business Management

Company Description

Join the UAE’s largest bank and one of the world’s largest and safest financial institutions. Our focus is to create value for our employees, customers, shareholders, and communities to grow through differentiation, agility, and innovation.

We are looking for top talent and your success is our success. Accelerate your growth as you help us reach our goals and advance your career. Be ready to make your mark at a top company, in an exciting and dynamic industry.

Job Description

Job Purpose:

The position is focused on the key areas for ADGM locations:

• To support FAB ADGM SEO office on finalizing and implementing the FAB ADGM strategy (3-5 years Business plan)
• Implement and monitor Governance;
• Support Business Management activities/initiatives for FAB ADGM.

In addition to that, work alongside the teams in all business management initiatives and requirements for the FAB ADGM, including working with UAE HO internal stakeholders and International locations where applicable. Also to work closely with senior leadership, drive strategic initiatives, and contribute to the overall success of the business. The main purpose of the role is supporting the business through various projects, financial planning and budgeting, strategy analysis, development and review, and execution in addition to communication and collaboration between various stakeholders including Product Groups, Group Audit, Group HR, etc.

Key Responsibilities:

• Support on BAU activities in Business Management and help oversee daily operations within FAB ADGM.
• Collaborate with senior leadership to develop and implement plans to drive growth and profitability for FAB ADGM.
• Collaborate and work closely with cross-functional departments to optimize processes and enhance overall efficiency.
• Assist in the review and monitoring of the annual budgets, forecasts, and financial targets for FAB ADGM.
• Prepare presentations and reports for senior management to communicate key insights and recommendations.
• Manage the local FAB ADGM EXCO meetings, Agendas, and minutes and track action points.
• Support project management activities to ensure timely and successful completion of key projects.
• Conduct market research where applicable and competitive analysis to identify trends and opportunities for business development.
• Act as the point of contact on all strategic matters within FAB ADGM for the enablement teams (e.g., Risk, Credit, Legal & Compliance, Internal Audit, Marketing & Communications, IT, HR, Operations, Finance).
• Act as a liaison between the ADGM, FAB ADGM, and the HO in terms of referrals of ADGM entities.
• Ensure all business units are cognizant of day-to-day business within the prescribed control framework to pre-empt operational risk, compliance, and audit issues.
• Establish, where applicable and required, appropriate SLAs.
• Monitor and track the IT requests for the branch.
• Work closely with the SEO and the regulator on business-related items where applicable.

Budgeting and Financial Planning

• Review and monitor financial performance versus the budget while ensuring all sectional activities are conducted in line with the approved guidelines.

Policies, Systems, Processes & Procedures

• Manage and ensure effective implementation of the functional and departmental policies, procedures, and controls covering all areas of assigned department activity so that all relevant procedural/legislative requirements are fulfilled while delivering a quality, cost-effective service.

Knowledge, Skills, And Attributes:

• Good knowledge of the Corporate & Investment banking sector, and FAB’s products and business strategies and processes.
• Strong analytical skills with proficiency in Financial Modeling, Data Analyses, and Strategic thinking.
• Proficiency in AI tools and other related software applications.
• Project management and cross-functional delivery.
• Strong relationship building and stakeholder management skills.
• Leadership capability and team-oriented with highly developed problem-solving skills.

Qualifications

Qualification:

• Bachelor’s degree in Finance, Economics or a related field.
• Master’s degree in Business Administration, Finance, Economics or a related field is preferred.
• 10+ years of experience in Investment Banking, consulting, or financial services.

Knowledge, Skills, And Attributes:

• Excellent communication and presentation skills.
• Ability to work effectively in a fast-paced and dynamic environment.
• Self-Directed, Strong attention to detail and ability to prioritize tasks effectively.
• Ability to analyze and research information.