First Abu Dhabi Bank is presently recruiting suitably qualified and skilled candidate for the role of Director GTB FI Network Management. The role holder 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 along with commercialization of product capabilities with adequate analysis on risk and operational controls.
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 to support the Bank’s cash clearing requirements efficiently and effectively.
- Ensure all correspondent bank appointments are consistent with regulatory and compliance requirements, internal control, and agreed internal strategic relationship direction.
Subject matter Expert
- 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.
- 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.
- Authorized to take decisions as per the approved authorization matrix.
- 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
Tagged as: Director HR
