Specialist Finance - Global Treasury Trade And Tokenization GTx Emiratized

First Abu Dhabi Bank (FAB); Abu Dhabi; On-site; AED 240,000 - 480,000; Full time

Job summary

First Abu Dhabi Bank seeks a Finance professional to support GTx governance, budgeting and performance analysis across the UAE and international locations.

You will act as a trusted advisor on business performance, handle financial analysis for GTx, and collaborate with project teams to ensure value delivery and proper reporting.

Qualifications

• Professional qualifications preferred e.g. Business bachelor's degree.
• Self-starter, with experience in financial analysis and performance analysis desired.
• Strong presentation skills and adept in MS Productivity tools e.g. MS PowerPoint and MS Excel.
• Technical knowledge of banking and financial markets with ability to interpret key bank ratios and indicators.

Responsibilities

• Support governance framework across UAE and international locations incl. performance reviews, budgeting, and regulatory matters.
• Act as trusted advisor on business performance and main point of contact for requirements.
• Provide in-depth financial analysis for GTx and offer insights to achieve targets.
• Collaborate with GTx projects, capex reviews, and cost control initiatives.
• Coordinate with stakeholders to ensure accurate financial reporting and governance.

Skills

Financial analysis

Performance analysis

Presentation skills

Stakeholder management

Strategic planning

Education

Business bachelor's degree

Tools

MS PowerPoint

MS Excel

Job description

Job Description:

Job Purpose

The GTx Business Finance function is responsible for all finance matters specific to the GTx - business including, but not limited to, Performance, Control, Forecasting, Budgeting & Strategy. In addition, the function provides a key support role to other Group Finance functions, Treasury, Central FP&A, Tax as well as Financial & Regulatory Reporting.

Key Priorities Of This Role Include

• Support GTx Business Finance in implementing a strong financial governance framework across the UAE and International locations encompassing performance reviews, budgeting process, financial control, regulatory and internal audit matters, country strategy and internal / external communication.
• Act as a trusted advisor on business performance and main point of contact for responding specific business requirement.
• Providing in-depth Financial Analysis for Global Treasury, Trade & Tokenization (GTx), provide value added insight & support to business in achieving their target.
• Contribute fully to transforming FAB Finance through engagement in various transformation initiatives.

Effectively coordinate, communicate, and build excellent relationships with key stakeholders across Finance and GTx Business.

Key Accountabilities

• Financial Control & Governance Oversight
• Review GTx daily P&L and BS, investigate, and analyze the Variances. Any material variations to be flagged and remediated with relevant Operations and IT team.
• Regularly assess and investigate, when required, the integrity of financial information.
• Assist Account controller to manage and review all accounts that falls under GTx business. Perform Conformance testing on a sample list of accounts in coordination with GFC.
• Coordinate with GFC to maintain and support the framework of financial controls.
• Maintain SOPs for all processes and tasks that falls under GTx business finance, documented with relevant approvals.
• Provide relevant support to VP Business Finance as well as Head of Business Finance GTx wherever necessary.
• GTX Projects & BRD’s Review
• Support GTx Finance in reviewing the Capex, P/L benefits such as revenues, cost savings and KPI’s are appropriately captured in BCD documents.
• Maintain repository of approved BRD’s to review at a later stage to challenge business.
• Work with GTx Channels and product team to gain full understanding of projects and its benefits.
• Collaborate with business and CPMO on Value reporting of projects that went live.
• Develop GTx Projects Capex reports providing a view on YoY spending and challenge business on benefits accrual.
• Monitor monthly GTx business cost with special focus on TCO.
• Performance Reporting & Exception reports
• Work closely with FPA & FR to develop exception reports to ensure integrity of financial and management reporting. Eg: Negative Income or negative balance sheet assets or liabilities.
• Assist GTx in reviewing and developing analytics around ECL & RWA to proactively monitor and assess if there any optimization initiatives.
• Liaise with Trade Risk distribution team and ensure risk participation payouts are accrued in respective period without any lag.
• Work with Risk and CAD to ensure Risk distribution numbers are consumed for CRWA calculation.

Qualifications & Experience

• Professional qualifications preferred e.g. Business bachelor's degree.
• Self-starter, with experience in financial analysis and performance analysis desired
• Strong presentation skills and adept in MS Productivity tools e.g. MS PowerPoint and MS Excel
• Technical knowledge of WBG products. Good level of knowledge in finance, analysis, strategic planning, banking and financial markets with ability to interpret key bank ratios and economic indicators.