Business Planning and Analysis Senior Manager

Job description / Role

Prepare annual consumer plan and forecasts:
- Reporting to the BP&A Head, BP&A manager is responsible for preparing in detail the models for acquisitions, sales, runoffs, attritions and balances that will lead to the final plan and the forecast and validating assumptions.
- The role also focuses on the overall strategy of the consumer bank but also requires attention to the details.

Analysis:
- Monitoring business performances on its different products, analyzing the issues if any and advising solutions.
- Tracking achievements vs. Plan for sales on a weekly basis and comparing this vs. the Plan on both MTD and YTD.
- Work on major expenditure plans for new branches and others that will be renovated

Incentive schemes:
- Simulation and application for BMs, RMs, PBs / SPB, and DSU team

Data mining:
- Extract reports that are needed for the analysis on both product and customer levels

Portfolio:
- Work on the bank portfolio in order to understand the nature and the behaviour of the customers to help the products team to reach their plan
- Work closely with products team on their key assumptions for their sales/revenues/expenses and apply these assumptions to the Plan models and submit the planned volumes and balances to finance team
- Work closely with products team on their key assumptions for their sales/revenues/expenses and apply these assumptions to the forecast models and submit the volumes and balances to finance team
- This is mainly done through daily, weekly, and monthly tracking using reports generated from the BO and comparing the results vs. The MTD and YTD plan and communicating this to the Consumer team
- This is done by analyzing the components of the balances for each product like for example on assets we need to know which scheme did we sell on and the runoffs of the base and if there is any spikes in the normal trends and investigate with the products team the reason for such spikes, also on the financials in terms of revenues and expenses, this is tracked line by line.
- MEPs are the financials of the new branches that will be opened or the ones that will be renovation, the process requires working closely with finance and premises team to generate a full 3 years plan for the new or renovated branch that shows the breakeven and payback months.
- Incentives calculations for BMs, RMs, and BPs are under the responsibilities of BP&A unit.
- BMs and RMs incentives are based on comparing their branch targets vs. actual which are submitted by finance team.
- PBs is currently in the development stage as we are developing reports from the system to measure the performance
- Work on the data mining tools to produce reliable reports that would help in understanding the business trends and comparing actual numbers against plan.
- Also reports that would help in monitoring and understanding the customer base and behavior
- Conduct analysis on a monthly bases for the branch profitability in terms of balances, expenses, revenues and contribution and what are the major changes and trends that lead to the numbers that are affecting the overall profitability of the branches

Requirements

- Minimum of a Bachelor’s degree, at least six years of experience in planning and analysis, modelling and general finance understanding

5 to 6 years’ experience with:
- Spread sheets (MS office excel)
- Experience to demonstrate with good communication skills
- Strong analytical skills and observation to trends
- Fair finance background

Job specific Skills:
- Maintain management the plan and make sure of the tracking methods and reports are correct.
- Advise on problems with the performance and solutions for such problems.
- Strong technical knowledge of the tools that are used for modelling and tracking.
- Very good experience on SAS system

Generic Skills:
- Communicate effectively with the concerned parties in addressing the plan and the actual results.
- Ability to analyse business numbers in terms of sales and financials.

About the Company

In 2010, ADIB had introduced its new brand identity as a symbol of a new promise. For two years, we’ve conducted extensive research to identify ways to better meet your needs. You wanted banking to be simple, sensible and transparent, making everybody feel at home and respected. You wanted a bank that would be on your side, one that worked as if your success was the source of its own success.

You are seeking a bank that can deliver unique solutions because it is guided and inspired by the timeless rules and principles of Shari’a. These are the core pillars of the banking we want to deliver to you: Banking as it should be.

We have worked hard to implement these simple but powerful promises in the way we do business. We have introduced a number of new offerings and improvements already. We simplified a number of processes – from the way we open accounts to the way we deliver financing solutions. We have brought ADIB closer to you by rapidly expanding our network to 70 branches and 460 ATMs. We have extended branch opening hours in our in-mall branches and introduced a 24-hour branch at the Abu Dhabi Airport. We have launched an upgraded version of e-ADIB Internet Banking that is safer and more convenient. We have launched numerous products and services. But what won’t change is our priority, which remains your satisfaction.