Specialist, Finance - Global Treasury, Trade & Tokenization (GTx)(Emiratized)

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:

Minimum Qualification

• 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.