Director GTB Payments & Receivables Full-time Job

3 weeks ago   Accounting & Finance   Abu Dhabi   49 views Reference: 30903
Job Details

Key Accountabilities

To support the Collections, Payments & Liquidity Product Management, Product Development and delivery functions, within the landscape specifically covering the following

Virtual Account Proposition

Cheque Clearing Proposition including Corporate Cheques Scanning

UAE Direct Debit Solution (UAEDDS)

SCDM/CIT Solution – Collection/Delivery – UAE/International

Payments – Domestic & Cross Border

Interest Optimization

Notional Pooling

Cash Sweeping

Intraday

Strategize in providing alternative digital solutions for CIB clients to move away from using FAB branch counters/tellers

To develop the products/proposition covering aspects of Pricing & Billing, appropriate positioning in the market and customer segments, and on-going efficient management of products.

To actively manage and track CASA balances on a weekly and monthly basis, providing updates for senior GTB management of key inflows and outflows of CCIB & IB Clients

Qualifications

Degree in Finance, Accounting, Economics, Commerce or equivalent discipline; Professional qualification in Cash Management preferred

Experience

10-12 years of relevant experience in individually driving Product launches, Strategize Product Roadmap and managing P & L

Should have driven Product Launches individually end to end, including periodic product review

Strong P/L management regarding fee based income for the products

Must demonstrate a keen interest to learn the business and its processes, in order to best support our clients

Demonstrate the ability to analyze and understand complex problems, make sound (technical) decisions, provide recommendations, and communicate solutions in a proactive manner

Excellent verbal and written communication skills and be able to articulate concepts effectively to Business users, operational teams and technologists at all levels of seniority within the client and the bank

Ability to have a consultative approach with IT and business partners within both the bank and the client

Past experience of Cash Management around Product Management area is needed

Must have work experience in electronic banking channels for newer solutions like Virtual Accounts/Cross Border Sweeping, Interest Optimization etc.

Knowledge of ERP/ accounting / Treasury systems used by clients for reconciliation is needed.

Knowledge about the current automated solutions around Collections is necessary i.e. Kiosk based end to end solution

Knowledge around Machine Learning/Artificial Intelligence and recent collection trends is necessary

Company Description
FAB, the UAEs largest bank and one of the worlds largest financial institutions offers a an extensive range of tailor-made solutions, and products and services, to provide a customised banking experience. Through its strategic offerings, it looks to meet the banking needs of customers across the world via its market-leading Corporate and Investment Banking and Personal Banking franchises.
Headquartered in Abu Dhabi, in Khalifa Business Park, the banks international network spans over 19 countries, across the world, providing the global relationships, expertise and financial strength to support local, regional and international businesses seeking to do business at home and abroad. In line with its commitment to put customers first, to Grow Stronger, FAB will continually invest in people and technology to create the most customer-friendly banking experience and will support the growth ambitions of its stakeholders across the global network in which the bank operates.
To empower its customers and clients to Grow Stronger, FAB is initiating a powerful movement, which goes beyond banking. The Grow Stronger movement represents the banks promise to support its stakeholders goals and growth ambitions, providing ideas, tools and expertise to help them become stronger, today and in the future. Through a strong, diversified balance sheet, leading efficiency and a solid corporate governance structure in place, FAB is set to drive growth forward.