Thursday , April 25 2024

Noor Bank Careers – Assistant Vice President

Website Noor Bank

Job Description

Noor Bank is the UAE’s leading Shari’a compliant Bank. We constantly work to launch contemporary, innovative and simplified financial solutions that make our customers banking experience more rewarding. Noor Bank is committed to attracting skilful and ambitious individuals to join its growing teams and is dedicated towards the career growth of all its employees. Along with a passionate and committed business culture, we offer exciting career mobility opportunities, competitive salaries and benefits to our staff. Noor Bank is 95% owned by Noor Investment Group – which is owned by Dubai government-related entities, prominent individuals and members of the UAE ruling families. To maintain, enhance and implement an effective planning and analysis capability that will provide senior leadership with appropriate analytical tools to establish goals and measure performance. Lead the yearly budgeting and reporting processes and track actual performance against plans

Job Responsibilities

  • On-going Improvements – Continuously review the current processes to find better ways of working. Focus on automation to increase the time spent on review and analytics. Support and initiate the offshoring and automation initiatives and be the point liaison between the onshore and the offshore teams to ensure a smooth flow. The role will remain the owner and will be responsible for any and all outputs delivered by the offshoring team and will be constantly monitoring and handholding wherever required the offshore team
  • Ad-Hoc Reporting – Provide support to VP, Performance Management and CFO in any ad-hoc reporting requirements
  • Daily Balance sheet movements – preparation and analysis thereof to identify and report the key movements on both the sides of the balance sheet, including keeping a close eye on major client level movements to inform the management proactively
  • MIS packs for Businesses – Prepare and Review the Monthly reporting packs to support the various business teams with Financial and Non-financial metrics. Ensure periodic review to keep information relevant and insightful. Conduct Business sales support. Product cross-sell reporting by product for segments and highlighting cross-sell opportunity among products
  • Budgeting and Forecasting – Plan, initiate and consolidate the yearly budgeting process. Coordinate with business teams to review and finalise the inputs and communicate targets. Prepare budget packs for the Management and Board presentations.
  • Quarterly Reporting and Benchmarking- Facilitate and review the quarterly reporting requirements such as Board Pack and Competition Benchmarking analysis.
  • Prepare and Review Daily/Weekly/Monthly/Quarterly management reports, including but not limited to Business MIS, Channel MIS, Cross Sell MIS, Product performance, Financial Reporting (Mancom), Business Review packs, Flash and Early view reports supported by analytics on performance KPIs, Price Volume analysis and detailed commentary on business performance. Provide periodical deep dives on business performance and updates on key growth initiatives including monthly update of performance scorecards for business. Facilitate quick closure of month-end to advance reporting timelines. Maintain and analyze the client and product profitability metrics along with the businesses
  • Investigate business sales & process huddles and suggest strategic approach through business analysis.
  • To provide credit shield TML (target marketing list), card CLI and card activation TML for credit card. Anti-attrition TML to prevent customer attrition pro-actively

Job Requirements

  • Sound knowledge of financial analysis, planning, accounting, reporting and performance management with high degree of analytical skills to transform data into meaningful and insightful information. Able to work under pressure and within short / challenging deadlines and ability to operate with an onshore-offshore set up
  • Good interpersonal skills to independently handle internal/external stakeholders and contribute towards developing the MIS/Analytical support expected.
  • Qualified CA/MBA (Finance) with 10+ years post qualification experience in the industry
  • Good knowledge of SAS (Statistical Analysis System), BI Tools like Tableu/Power BI etc. with hands on working experience is a must

Job Details

Company: Noor Bank

Vacancy Type: Full-time

Job Location: Dubai, United Arab Emirates

Application Deadline: N/A

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