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Open nowPosted 17 days ago

Vice President & Finance Business Partner - Retail Banking

Rak Bank49 open roles

Where
United Arab Emirates
Work mode
Hybrid
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Your applicationOpen nowVice President & Finance Business Partner - Retail BankingRak Bank · United Arab Emirates
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  2. CV RocketCV written for this posting.

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The clock on this job

Early applications get read.

12.7% of postings close within 7 days. Measured by our own scanner across the market. Rak Bank postings stay open a median of 11 days.

Share of postings closed within
  1. 2.2%1 day
  2. 4.5%3 days
  3. 12.7%7 days
  4. 20.4%14 days
  5. 35.6%30 days
  6. 58.7%60 days
This job: posted 17 days ago

Rak Bank median: 11 days open

The posting

Job Description

What you’ll be doing:

  • Strategic business partnering: Provide financial insight and recommendations that support decision-making across Retail Banking.
  • Planning and performance: Develop financial strategies, business plans, budgets and targets, and monitor performance against them.
  • Reporting and analysis: Manage monthly accounting and reporting, prepare insightful commentary, and analyze P&L, balance sheet and cash flow performance.
  • Profitability and commercial insight: Assess client, product and segment profitability, conduct deep dives and identify opportunities for growth, cost optimization and improved performance.
  • Financial modelling: Build detailed models to evaluate business scenarios and their potential financial impact.
  • Product support: Evaluate the financial viability of new product launches, manage relevant amortization processes and prepare product-level P&L reporting.
  • Executive reporting: Contribute financial inputs to Group Management Committee packs and prepare Retail Business Review packs.
  • KPI management: Track and report financial and non-financial KPIs relevant to Retail Banking.
  • Governance and compliance: Maintain alignment with financial regulations, reporting standards and internal policies, and liaise with auditors, regulators and other stakeholders.
  • Leadership and systems: Mentor the finance team and oversee financial system or technology implementations in collaboration with IT.
  • Benchmarking and alignment: Conduct industry and peer benchmarking and align Retail Banking priorities with bank-wide financial goals.

What we’re looking for:

  • A bachelor’s degree in Finance, Economics or a related field.
  • Professional certification such as CMA, CPA or CFA is preferred.
  • A minimum of 10 years of experience in a similar finance business partnering role within banking or financial services, preferably supporting Retail Banking and with UAE market experience.
  • Strong knowledge of financial analysis, accounting principles, budgeting, forecasting, reporting and Retail Banking products and services.
  • Experience interpreting complex financial information and translating it into clear, practical business insight.
  • A strong understanding of the Retail Banking market, regulatory environment and competitive landscape.
  • The ability to work independently, manage multiple priorities and maintain a high level of accuracy and attention to detail.

Skills:

  • Exceptional stakeholder management, influencing and relationship-building skills.
  • Strong analytical thinking, financial modelling and commercial acumen.
  • Strategic thinking with a focus on revenue growth, cost optimization and risk mitigation.
  • Excellent written and verbal communication, including the ability to present financial information clearly and concisely.
  • Advanced Excel and PowerPoint skills, with proficiency in financial management and ERP systems.
  • Cross-functional collaboration across business, product, sales, marketing, risk, operations and technology teams.
  • Leadership, coaching and team-development capability.

What’s in it for you:

  • A senior, high-impact role with direct exposure to leadership and strategic decision-making.
  • The opportunity to influence the financial direction and performance of the Retail Banking business.
  • Broad involvement across planning, product performance, profitability, executive reporting, governance and transformation initiatives.
  • The chance to collaborate with senior stakeholders and cross-functional teams across the Bank.
  • An opportunity to lead, mentor and strengthen finance capability while supporting new systems and ways of working.
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