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VP- Business Management - Islamic - Emiratized Role

First Abu Dhabi Bank

Abu Dhabi, UAEAED 25,000-70,000/moToday
UAEIT & TechnologyFull Time

Skills Required

SqlErpLeadership

Job Description

Company DescriptionLooking to join the #1 bank in the UAE and one of the most prestigious in the region? We're looking for professionals who are driven, skilled, and ready to take on new challenges. Together, we can achieve our goals, making a lasting impact on both our company and the industry as a whole.Join us and leave your mark on the industry. Let's work together to achieve great things and unlock new possibilities for our employees, customers, and communities.Job DescriptionThis role holder is responsible to monitor all branch/Direct-Sales/ business activities and performance, ensure that all activities are aligned with SOPs, bank’s standards and regulatory requirements and also in line with overall plans and strategy. This role holder is also responsible to work on solutions for any identified lapses, gaps and new requirements.Revenues/ BudgetMonitoring the overall yearly BSC KPISMonitoring revenueMonitoring Business AcquisitionCost EfficiencyNPSDirect ReportsFAB Islamic FinanceIslamic PortfolioBusiness Planning & Support - IslamicStrategic ContributionEnsure effective cascading of the functional strategy into department business plans to ensure vertical alignment and horizontal integration with other interfacing departmental strategies.Create and implement company’s strategies and action plans that incorporate key actions that work to set KPI’s for the business and the organizationPeople ManagementDemonstrate exceptional leadership skills, portraying an ability to move and inspire a large group in a unified direction and vision.Manage the effective achievement of assigned objectives through the leadership of the department’s staff by setting of individual objectives, managing performance, developing and motivating staff to maximize sectional performance.Lead the talent development initiatives for the assigned department, collaborating with technical/discipline experts and thereby ensure the availability of talent to fit business requirements.Act as a role model and drive adherence to organizational values and ethics by employees of the assigned department to foster a value driven culture within the company.Budgeting and business PlanningManage the preparation and recommend the department budget and monitor financial performance versus the budget while ensuring all sectional activities are conducted in line with the approved guidelines.Policies, Systems, Processes & ProceduresManage and ensure effective implementation of approved functional 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.Continuous ImprovementLead the identification of opportunities for continuous improvement and sustainability of systems, processes and practices considering global standards, productivity improvement and cost reduction.ReportingDemonstrate high proficiency in reporting tools and platforms, which are necessary for the creating both visually and verbally engaging reports and presentations for the management.Ensure that all unit reports are prepared timely and accurately and meet FAB Islamic, and FAB Group requirements, policies and quality standards.Utilize analytics tools and work with the business management support team in undertaking detailed analyses of business performance for the purpose of reporting sales strategy successes, weaknesses, and opportunities.Specific AccountabilityDevelop strategic outlook and plan for the business in conjunction with the CEO, Branch Distribution/Sales/Product HeadsEmphasis on business process performance using the analysis, monitoring, reporting and optimization of business processes and business activitiesCollecting, monitoring and reporting relevant data used to analyse business performance in high professional and presentable business dashboardsMonitor efficiency, productivity, business continuity and evaluate the resource requirements across and recommend the required correction actionsIdentify benchmarks of performance – qualitative & quantitative (Balanced Scorecard) in conjunction with the Group Strategy Planning Department and all company’s departmentOn-going review of internal controls, procedures, SOPs and services for corrections and enhancements in cooperation with the relevant departmentsPlay a focal role with regard to communicate with Business Lines and other support functions within the Group & the Finance Company (In collaboration and agreement with all counterparts.)Review, streamline if necessary and sign off any new product, service or processes intended to be introducedWork closely with the Finance Department of the company and Group Finance in all business aspects like budget preparation, reporting platforms and all regulatory limits related to business exposure… etcSupport reengineer, centralize and/or automate branch processes to better fit the smart branch concept. Work with all stakeholders towards sm