VP- Digital Value Proposition

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

QualificationsEducation required :

• Bachelors 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.

Keyskills :

About Company

FAB, the UAE’s largest bank and one of the world’s largest financial institutions offers a an extensive range of tailor-made solutions, and products and services, to provide a customised banking experience. Through its strategic offerings, it looks to meet the banking needs of customers across the world via its market-leading Corporate and Investment Banking and Personal Banking franchises.
Headquartered in Abu Dhabi, in Khalifa Business Park, the bank’s international network spans over 19 countries, across the world, providing the global relationships, expertise and financial strength to support local, regional and international businesses seeking to do business at home and abroad. In line with its commitment to put customers first, to Grow Stronger, FAB will continually invest in people and technology to create the most customer-friendly banking experience and will support the growth ambitions of its stakeholders across the global network in which the bank operates.