QNB3442 - Assistant Vice President Financial MIS (Qatarization)
4 days ago
About QNB
Established in 1964 as the country's first Qatari-owned commercial bank, QNB Group has steadily grown to become the largest bank in the Middle East and Africa (MEA) region.
QNB Group's presence through its subsidiaries and associate companies extends to more than 31 countries across three continents providing a comprehensive range of advanced products and services. The total number of employees is more than 28,000 serving up to 20 million customers operating through 1,000 locations, with an ATM network of 4,300 machines.
QNB has maintained its position as one of the highest rated regional banks from leading credit rating agencies including Standard & Poor's (A), Moody's (Aa3) and Fitch (A+). The Bank has also been the recipient of many awards from leading international specialised financial publications.
Based on the Group's consistent strong financial performance and its expanding international presence, QNB currently ranks as the most valuable bank brand in the Middle East and Africa, according to Brand Finance Magazine.
QNB Group has an active community support program and sponsors various social, educational and sporting events.
Job Purpose Summary
The incumbent will work for the Group Financial Strategy and Business Planning supporting the main LOBs (Corporate, Treasury, Retail and AWM) with increased data analysis required by Senior Management along with supporting QCBs increased Quantitative and Qualitative assessment on QNB Group financial data submissions on a periodic basis.
Essential Duties & Responsibilities By Dimensions
- Shareholder & Financial:
- Assist the SVP FS & MIS to create long-term financial strategies to maximize shareholder value whilst pursuing prudent policies.
- Provide management with regular reports on progress towards targets, flagging variations and performing initial checks on reasons for under/over achievement.
- Ensure that relevant MIS reports are prepared and presented to the management/the Board on time to enable them to monitor business performance closely and taking timely corrective actions.
- Implements KPI's and best practices for AVP, Financial MIS role.
- Promote cost consciousness and efficiency and enhance productivity, to minimise cost, avoid waste, and optimise benefits for the bank
- Customer (Internal & External):
- Build and maintain strong and effective relationship with all other related departments and units to achieve the Group's goals/ objectives.
- Liaise with the Group's IT Department to ensure reporting needs of the Group's business lines are timely resolved/attended to, to the extent these are dependent on required system enhancements.
- Provide timely and accurate information to the external and internal auditors and the Compliance function as and when required.
- To assist customers in all their queries on Bank's product and seek solution to their requests.
- Maintain activities in accordance with Service Level Agreements (SLAs) with internal departments/units to achieve improvements in turn-around time.
- Build and maintain strong/effective relationships with related departments/units to achieve the Group's objectives.
- Provide timely and accurate information to the external and internal auditors and the Compliance function as and when required.
- Internal (Processes, Products, Regulatory):
- Oversee analysis and deployment of the latest reporting tools.
- Develop/enhance reporting techniques and maintain reporting standards for the domestic and international businesses.
- Liaise with IT Department to develop/ design MIS reporting pack for reporting purposes and submit the same to the Group's executive management on timely basis.
- Enhance the quality and consistency of the MIS produced for funds transfer pricing reporting related issue.
- Identify requirements for updating the MIS system and lead on the implementation.
- Learning & Knowledge:
- Possess a superior knowledge of business support services and maintain an understanding of all pertinent regulations as well as best practices pertaining to business support services.
- Responsible for developing and training the team in the appropriate skills to ensure an effective and informative MIS.
- Hold meetings with direct reports and assess their performance. Also take decisive action to ensure speedy resolution of unresolved grievances or conflicts amongst personnel.
Education/Experience Requirements
- Bachelor/ Master degree University Graduate/preferred with a Major in Marketing, Banking, Finance, Accounting, Economics, Business Administration or Information Technology (related field of study)
- At least 10 years of relevant experience, preferably within a highly rated international bank / with managerial capacity in the MIS function
- Professional certification such as CPA, CA, CMA, CFA etc. is a plus
Note: you will be required to attach the following:
- Resume/CV
- QID (Front & Back)
- Passport
- Education Certificate
- Birth Certificate
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