Associate Vice President - Financial Planning and Analysis

RAKBANK
Dubai
Workplace: OnsiteFull timeFunction: Executive & General ManagementExperience: 10+ yearsSkills: ["Leadership","Mentorship","Analytical thinking","Communication","Collaboration"]

Lead the bank’s Financial Planning & Analysis function, partnering with Wholesale and Business Banking leaders to drive financial strategy, performance management, budgeting, forecasting, and profitability insights. Own reporting and analysis across P&L, balance sheet, revenue drivers, costs, capital usage, and business trends. Oversee financial modeling and client profitability (RoRWA/RoE), strengthen controls and governance, and deploy finance systems and automation using ERP, dashboards, Power BI, and AI solutions.

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RAKBANK
RAKBANK
1 day ago

Associate Vice President - Financial Planning and Analysis

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Last checked: 15 hours agoStatus: Live

Job Summary

Lead the bank’s Financial Planning & Analysis function, partnering with Wholesale and Business Banking leaders to drive financial strategy, performance management, budgeting, forecasting, and profitability insights. Own reporting and analysis across P&L, balance sheet, revenue drivers, costs, capital usage, and business trends. Oversee financial modeling and client profitability (RoRWA/RoE), strengthen controls and governance, and deploy finance systems and automation using ERP, dashboards, Power BI, and AI solutions.
Location: Dubai
Workplace: Onsite
Employment Type: Full time
Job Function: Executive & General Management
Seniority: Sr. Director level

Key Responsibilities

  • •Provide finance business partnering for Wholesale and Business Banking, supporting decision-making with financial insights and recommendations.
  • •Develop financial strategy and manage performance: monthly reviews, forecasts, budgets, and business commentary across covered businesses.
  • •Prepare and review financial reporting and analysis (P&L, balance sheet, revenue drivers, costs, profitability, capital usage, and key business trends) including client profitability management and variance explanations (RoRWA/RoE).
  • •Lead forecasting and budgeting processes, including coordination with business stakeholders and Central FP&A, and drive financial modeling for scenario analysis.
  • •Oversee finance transformation and controls: deploy new financial systems/technologies with IT, strengthen financial reporting governance, and build automation/dashboarding and AI-powered solutions.

Key Requirements

  • •10+ years of financial planning and analysis experience in banking/financial services, with expertise in Wholesale and Business Banking.
  • •Proven leadership experience managing and mentoring financial analysis teams.
  • •Strong analytical skills to interpret complex financial data and deliver actionable insights for decision-making.
  • •Expertise in budgeting, forecasting, and financial modeling, including product and client-level profitability analysis (e.g., interest margins, cost of funds, capital consumption, IFRS9 ECL).
  • •Proficiency with automation and dashboarding tools, including Excel, PowerPoint, Power BI, and Data Bricks.
Experience:10+ yearsBankingFinancial services
Skills:LeadershipMentorshipAnalytical thinkingCommunicationCollaboration
Languages:US
Tech Stack:ERPExcelPowerPointPower BIData BricksIFRS9AI

Company Brief

RAKBANK
RAKBANK is a United Arab Emirates-based bank offering personal, business, and commercial banking services, including accounts, cards, loans, deposits, and digital banking products. It serves retail customers and SMEs across the UAE.
Industry: Banking
Company Size: Large (251 to 1,000 employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Ras Al Khaimah, United Arab Emirates
Founded: 1976
WebsiteLinkedIn