VP- Digital Value Proposition
Job Description
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
Qualifications
Education required :
- Bachelor's 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.
Job Details
Employment Types:
Full time
Industry:
Banking / Accounting / Financial Services
Function:
Finance & Accounts