Vice President, International Finance

Job purpose

The purpose of the job is to analyse international banking business and financials and identify areas of opportunities for enhanced financial outcome and continuous profitability improvement.

Key responsibilities include

Perform profitability analysis for international banking by creating and maintaining analysis models to discover profit drivers and analyse which customer segments, sectors, products, and locations are profitable.

Deliver analysis outcomes focusing on why and how profitability and costs are impacted.

Perform ad hoc analysis to address specific business questions and predict possible future financial scenarios.

Deliver analytics to shape country and business strategy through reliable, factual analysis outcomes rather than intuition.

Provide input to country strategy and performance review with key indicators on profitability and costs for target customer segments, products, and locations.

Support international CFO in implementing a strong business financial review governance framework across international locations encompassing performance reviews, country strategy and CAGR projections, low return client analysis, and optimization initiatives.

Act as the primary point of contact (representing international CFO) to support various optimization and transformation initiatives undertaken by finance to improve profitability and returns.

Key accountabilities

Show good drive and initiative with strong interpersonal skills.

Ability to work under pressure and within tight deadlines.

Ability to interact with multiple stakeholders across the bank.

Effectively coordinate, communicate, and build excellent relationships with key stakeholders across group finance, country finance, product and segment finance, etc.

Job context

Month end review insight & analysis

Review and analyse international financial results by key trends and drivers, covering products, segments, countries, corridors, key clients, and key GLs. Regularly assess and investigate the integrity of financial information reported by countries from multiple perspectives including accounting, tax and regulatory, head office versus country requirements.

Connect with product and segment finance teams to ensure product and segmental financials related to international locations are explained. Connect with country finance teams to ensure geographical financials are reviewed and explained.

Review and raise questions to country finance teams on abnormal trending and large movements. Provide process and technical guidance to country finance teams to review key trends and drivers.

Ensure country finance teams provide explanations on key trends and drivers with supporting materials. Connect country finance teams with relevant head office and group functions on financial results clarification and reporting data issues resolution.

Highlight any issues with country financial results and coordinate with product and country finance teams to remediate.

Analytical reporting

Create analytical reporting for international to present key analysis on profitability and returns, covering products, segments, countries, corridors, key clients, and key GLs.

Establish customer financial analysis models and provide key analysis as a regular monthly deliverable in parallel with the monthly international geographical MI reporting.

Connect with the international MI and performance management team and country finance teams to productionize a monthly customer financial analytical MI pack to enable country level business review by international management and/or group senior stakeholders.

Strategy and business review

Participate actively in country business review and international business review by providing strategic inputs on key analysis outcomes, including key trends and drivers by products, segments, countries, corridors, key clients, and key GLs.

Be the primary point of contact (representing international CFO) to support various optimization and transformation initiatives relevant to international banking, with the objective to improve profitability and returns.

Prepare or critique business cases or initiatives aimed at enhancing country and international performance.

Capital, financial, regulatory and taxation reporting support

Connect with country finance teams, group FC, group tax and group capital management to support where head office input is required on group’s capital and financial analysis, and tax impact analysis.

Participate actively in country ALCOs and other such forums as required.

Transformation and continuous improvement

Seek to identify and recommend changes that improve international profitability and returns, including suggestions on cost savings, RWA optimization, ECL model review to enhance clarity of COR and impairments, and tax analysis.

Governance & control oversight

Whenever required, provide strategic review and analytical input to development of international MI and performance and international financial governance teams and support the MI reporting framework and financial governance framework implementation within countries.

Connect country finance teams with international MI and performance and international financial governance teams and relevant group finance teams on issues pertaining to MI/FPA, budgets, financial control, taxation, and provide input from the regular financial assessment and investigation.

Be ready and able to act as a country CFO on an interim basis (if circumstances require) to provide additional hands-on finance expertise to countries when required by strategic initiatives and/or executive management decisions.

Be ready and able to provide hands-on FTE capacity to regional or country finance projects with heavy workloads, staff absence, cross training, and contingency planning.

When requested or necessary, provide thought leadership to country finance teams in subject matters that cover the full spectrum of group finance activity including FPA, business partnering, treasury, financial reporting, tax, and control.

Qualifications & experience

Minimum qualification

Degree or professional qualifications such as ACA, CPA, MBA. Relevant accounting or tax qualification preferred.

Minimum experience

Minimum 10-12 years of experience covering finance, business partnering, FPA, audit, tax functions in a banking environment.

Good accounting principles knowledge.

General corporate tax and transfer pricing experience preferred.

Some knowledge of IT systems and use of tax accounting systems.

Banking and financial services industry experience required.

Work experience across a number of countries preferred.

Strong communication and interpersonal skills.

Attention to detail.

Quick learner and self-motivated.

Able to record issues and propose solutions with good document management skills.

Ability to handle pressure and tight timeframes.

About us

First Abu Dhabi Bank (FAB) is the largest bank in the UAE and one of the world's largest and safest financial institutions. We offer a comprehensive range of personal and private banking services, including credit cards, Islamic banking, investments, loans, and mortgages. Our commitment to excellence and innovation drives us to provide top-tier financial solutions to our clients.

Life at FAB

Working at FAB means being part of a team of talented and passionate individuals with a shared vision to support the ambitions of our stakeholders to "grow stronger." We embrace the needs of our customers across the globe with a sense of responsibility and confidence driven by extensive expertise that can only be delivered by an ambitious world-class organization.

Career development

FAB offers unique career choices, a chance to innovate, craft solutions for the future, and express yourself in a performance-based culture that will unleash the best in you. Whether you are an experienced professional or just starting your career, FAB provides a range of learning and development initiatives to support all employees through training and skill development.

Our values

At FAB, we place our customers at the core of our activities, live our values each day in every way, celebrate achievements, and empower each other to deliver leading solutions. We have structured plans for the recruitment and career progression of Emirati talent to enable them to make a mark in the financial and banking sector both regionally and globally that rewards your hard work and dedication.

Join our team and be part of a journey to shape the future of banking.