AVP, Strategic Finance & FP&A Leader

Rakbank; United Arab Emirates; On-site; AED 350,000 - 550,000; Full time

Job summary

Rakbank is seeking an experienced Associate Vice President for the Financial Planning & Analysis team to drive the bank's financial strategy and performance. The role requires strong business acumen, analytical skills, and deep banking product knowledge to support informed decision-making.

You will partner with Relationship Managers and product teams to deliver insights, lead a team of financial analysts, and oversee budgeting, forecasting, and governance across Wholesale and Business Banking.

Qualifications

• Bachelor's or master's degree in Finance, Accounting, Business Administration, or related field.
• Minimum 10 years of experience in financial planning & analysis in banking/financial services.
• Proven track record leading financial analysis teams with strong mentorship.
• Exceptional analytical skills to interpret complex financial data.
• Deep understanding of banking products, market dynamics, and regulatory changes.
• Expertise in budgeting, forecasting, and financial modelling for product & client profitability.

Responsibilities

• Lead and manage a team of financial analysts, providing guidance and mentorship to ensure high-quality financial analysis and reporting.
• Develop and maintain strong business partnerships with Relationship Managers, product teams, and senior stakeholders to understand their financial needs and goals.
• Interpret financial data, identify trends, and provide meaningful insights to support strategic decision-making across the organization.
• Expertise in product and client-level profitability analysis, including interest margins, cost of funds, capital consumption, and IFRS9 ECL.
• Drive the budgeting and forecasting processes, ensuring accurate and timely financial projections.
• Utilize automation and dashboarding skills to enhance financial reporting and analysis, leveraging tools like Excel, PowerPoint, Power BI, and Data Bricks.
• Design and implement practical AI-powered solutions to improve productivity, financial review processes, and decision-making capabilities.
• Build and maintain effective relationships with stakeholders across different functions, fostering collaboration and knowledge sharing.
• Review financial inputs used in governance forums, ensuring accuracy and adherence to regulatory requirements.
• Proactively identify process improvements, enhance reporting, and optimize ways of working to drive efficiency and effectiveness.

Skills

Leadership

Analytical skills

Strategic thinking

Stakeholder management

Communication

Attention to detail

Education

Bachelor's/Master's in Finance/Accounting/Business Admin

Tools

Excel

PowerPoint

Power BI

Data Bricks

Job description

Rakbank is seeking an experienced Associate Vice President for the Financial Planning & Analysis team to drive the bank's financial strategy and performance. The role requires strong business acumen, analytical skills, and deep banking product knowledge to support informed decision-making.

You will partner with Relationship Managers and product teams to deliver insights, lead a team of financial analysts, and oversee budgeting, forecasting, and governance across Wholesale and Business Banking.