Director GTB FI Network Management at First Abu Dhabi Bank is responsible to manage the end-to-end FI cash product and network management functions related to all aspects of Financial Institution / Corporate clients across local/ regional and international markets. This includes product management, product/network partner profitability analysis, subject matter support to FI advisory teams alongwith commercialization of product capabilities with adequate analysis on risk and operational controls. This is a senior level and full time role and for this job the salary ranges from 25000 AED to 40000 AED.
Responsibilities of Director GTB FI Network Management
Product Development & Management
- Formulate and drive the timely and effective implementation of FI strategies, solutions and initiatives.
- Evaluate and analyse market trends and best practices in engaging the organisation for digital enablement and delivery of products and services within the FI space
- Work closely with Solutions & Advisory team to develop suitable product propositions relevant to the core markets and support business partners in presales consultancy activities with complete accountability for all CIB clients.
- Evaluate and recommend new ideas/solutions, acting as ‘Customer’s Voice’ and delivering bottom line benefit as a result of understanding customer demand and requests. These can be on the areas of Technology, Regulation, Industry and Market best practices.
Network Management
- Select and manage high quality correspondent banks in the markets to provide Cash Product Nostro services.
- Ensure all correspondent bank appointments are consistent with regulatory and compliance requirements, internal control, and agreed internal strategic relationship direction.
Subject matter Expert Director GTB FI Network Management
- Act as a supporting member of the FI and Cash product center of excellence and effectively collaborate with other stakeholders in development and delivery of state-of-the art solutions for our customers
Product Development & Management
- Manage the development of new products and ensure all operational, business and integration requirements are efficiently supported and tested.
- Work closely with the Channels team to make sure that the underlying products are delivered effectively through channels.
- Manage existing products and ensure operational and production issues are effectively resolved with minimum slippages.
- Responsible for relevant collaterals, website content, market strategy, commercialization and communication strategy of product launches.
Network Management
- Conduct periodic service reviews of network arrangements in order to ensure cost effective solutions and superior customer service; collaborate with internal stakeholders to drive or enhance efficient processing standards with improved service levels, turnaround time (TAT) and controls.
MIS Director GTB FI Network Management
- Monitor traffic volumes, throughput and P&L for each Client Relationship (Nostro/Vostro), and produce relevant and timely Management Information, in order to help the coverage teams in effectively managing their relationships.
- End-to-end ownership of both cost and revenue aspects of all partnerships with Financial Institutions.
Frameworks, Boundaries and Decision-Making Authority:
- Functions within the framework and boundaries of Group policies as well as overall organisational and governance frameworks.
- Authorised to take decisions as per the approved authorisation matrix.
Requirements of Director GTB FI Network Management
- Bachelor’s degree in banking, business, finance, economics or related discipline.
- Post-graduate qualification in Finance/Risk management would be an advantage
- Minimum 7 years’ relevant experience in the banking sector with at least 4 years in similar positions of progressively increasing managerial responsibilities in the Cash Product Management function.
Skills and Knowledge Desired
- Good knowledge of international and regional cash products and other banking products.
- Experience in developing, delivering, servicing and/or managing products with proven project management record.
- Good understanding of the multi-regional environment, culture, regulations and clients.
- Superior team player.
- Fluent in English with high level oral and written communication skills.
Senior Legal Counsel Commercial & Technology First Abu Dhabi Bank