Executive Director- Business Management

• Sub Division: Business Management - Investment Banking
• Division: Investment Banking Group

Company Description

Join 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 a top company, in an exciting & dynamic industry.

Job Description

Talented ED to join the team with a focus on Strategy and Planning and play a key role in shaping, managing and ensuring the execution of the strategic direction and the IB commercial sales plays and top 10 IB priorities.

To work alongside the team in all business strategic and business management initiatives and requirements for the Investment Banking function, including working with UAE and International IB locations. 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 sector heads and product teams, and other internal stakeholders where applicable.

Key Responsibilities:

• Management and Monitoring and Tracking of the 3 year Sectors’ Commercial Sales plays with focus on 2024
• Support on BAU activities in Business Management and help oversee daily operations within IB
• Collaborate with senior leadership to develop and implement strategic initiatives and plans to drive growth and profitability
• Collaborate and work closely with cross functional departments to optimize processes and enhance overall efficiency, especially in data quality management, data analytics and (generative) AI
• Conduct Data Analyses, Financial Analysis and Modelling to support decision-making and optimise business performance
• Assist in the review and monitoring of the annual budgets, forecasts and financial targets
• Prepare presentations and reports for senior management to communicate key insights and recommendations
• 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 IB for the enablement teams (e.g. Risk, Credit, Legal & Compliance, Internal Audit, Marketing & Communications, IT, HR, Operations, Finance)
• Delivery of Internal and external communication (e.g. internal quarterly financial results, deal announcements, major deals closed, awards, events, organization changes)
• Support automation initiatives to further streamline the business processes around capital allocation, returns and drive improvements in turn-around-times
• 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 with Support from Control and Risk Function

People Development and Management

• Defines and ensure effective implementation of the performance management process
• Develops talent within the team by providing guidance and coaching to achieve the defined goals
• Implements Manager Scorecard core people management responsibilities including engagement, performance management, and mandatory learning objectives
• Acts as a SPOC for people management initiatives within the business including Resourcing, Cost management, Performance Management and Issue Resolution

Budgeting and Financial Planning

• Manage the preparation, recommend and monitor financial performance versus the budget while ensuring all sectional activities are conducted in line with the approved guidelines
• 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, fulfilled while delivering a quality, cost-effective service

Specific Accountability

• To comply to the DOA (delegation of authority) matrix and to the delegated powers, if any
• Support in the review of the MI and data and help prepare Decks and reports

Qualifications

• Bachelor’s degree in Finance, Economics or related field.
• Master’s degree in Business Administration, Finance, Economics or related field is preferred.

Additional Information

• 15+ years of experience in Investment Banking, consulting or financial services

Knowledge, Skills, and Attributes:

• Good knowledge of the 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 MS Excel and Powerpoint, AI tools and other related software applications
• 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 prioritise tasks effectively
• Project management and cross-functional delivery
• Ability to analyze and research information
• Strong relationship building and stakeholder management skills
• Leadership capability and team-oriented with highly developed problem-solving skills