# Associate Vice President - Financial Planning and Analysis — RAKBank

Canonical: https://jobxdubai.com/jobs/orc-606-associate-vice-president-financial-planning-and-analysis
Location: Ras Al Khaimah, UAE
Type: full_time · Level: senior
Monthly salary: AED 35,000 to 65,000 per month (estimated, not employer-stated) (UAE salaries are tax-free)
Posted: 2026-08-06
Apply: https://iacqey.fa.ocs.oraclecloud.com/hcmUI/CandidateExperience/en/sites/CX_1/job/606

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## Description

We are seeking an experienced and talented Associate Vice President to join our Financial Planning & Analysis team. This role is critical in driving the bank's financial strategy and performance. The successful candidate will possess strong business acumen, analytical skills, and a deep understanding of banking products and market dynamics. They will collaborate closely with various stakeholders, including Relationship Managers and product teams, to provide valuable financial insights and support informed decision-making. Key Responsibilities: Finance Business Partnering : Provide financial insights and recommendations to support decision-making in the Wholesale and Business Banking divisions. Financial Strategy: Develop and implement strategies to optimize financial performance. Performance Management: Support monthly performance reviews, forecasts, budgets and business commentary across the covered businesses. Reporting & Analysis: Prepare and review financial reports, dashboards and commentary covering P&L, balance sheet, revenue drivers, costs, profitability, capital usage and key business trends. Forecasting & Budgeting : Support forecasting and budgeting processes across the covered segments, including coordination with business stakeholders and Central FP&A. Collaboration: Work with cross-functional teams on business plans and budgets. Client Profitability Management: Support Client Profitability analysis, explaining variances between expected and actual returns (RoRWA and RoE). Financial Modeling: Create detailed financial models to simulate various business scenarios and assess their potential impact on the organization's financial health, supporting strategic decision-making. ERP & Transformation: Oversee the deployment of new financial systems and technologies, collaborating with IT for seamless integration, including ERP implementation, reporting improvements, dashboarding and automation initiatives. Controls & Governance: Support the strengthening of controls, documentation and review processes around financial reporting.

## Requirements

Bachelor's or Master's degree in Finance, Accounting, Business Administration, or a related field. Minimum 10 years of experience in financial planning and analysis, with a strong background in banking and financial services. Proven track record of leading and managing financial analysis teams, demonstrating strong leadership and mentorship skills. Exceptional analytical skills with the ability to interpret complex financial data and provide actionable insights. In-depth understanding of banking products, market dynamics, and regulatory changes, particularly in Wholesale and Business Banking. Expertise in budgeting, forecasting, and financial modeling, with a focus on product and client-level profitability analysis. Proficiency in automation and dashboarding tools, including Excel, PowerPoint, Power BI, and Data Bricks. Strong understanding of AI and its application in financial processes, with the ability to design and implement practical solutions. Excellent communication and interpersonal skills, with the ability to build effective relationships and collaborate across functions. Proactive mindset, with a strong attention to detail and a commitment to driving continuous improvement.

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