Senior Manager, Strategy Execution

Commercial Bank of Dubai (CBD)

Dubai, UAE

Ref: HP905-329

Job description / Role

Employment: Full Time

Operating in the UAE for over 50 years, CBD manages the financial requirements of some of the largest corporates and businesses operating in the country, driving the UAE economy. Over the years, CBD has transformed into a progressive and modern banking institution winning multiple awards for its digital initiatives, credit cards, bank accounts, mobile app features and services.

CBD has been recognized as the number one bank in the UAE on the Forbes list of The World's Best Banks 2022.

As we continue to build upon our successes, we are looking for ambitious individuals who are passionate about the banking and finance industry and the markets in which CBD operates. Just as important to us is your ability to demonstrate a talent for dealing with people - your colleagues and our customers - and delivering service that really goes the extra mile.

As Senior Manager of Strategy Execution, you will be responsible for monitoring, tracking and reporting the execution of initiatives defined as part of CBD strategy.

Responsibilities include but are not limited to the following:
• Fully own and lead the end to end delivery of top strategic projects within CBD.
• Coordinate and work with the organization to support mobilization and implementation of the business strategies.
• Responsible & Accountable for enterprise wide strategy implementation working with internal and external stakeholders.
• Prepare reports for updates to Board of Directors showcasing progress.
• Accountable for tracking benefit realization post implementation of Strategic Initiatives.
• Support communication of key finding to senior management and keep them informed of strategic priorities and actions.
• Assess key industry trends and inform the organization about their strategic implications.
• Interpret and synthesize data, challenge data and identify meaningful insights to develop recommendations that most effectively support the CBD vision.
• Running and managing Steering Committees with Executive Committee to ensure strategically important changes remain on track for delivery
• Managing senior stakeholders in uncovering and resolving potential conflicts or disagreements about strategic direction.
• Providing coaching and guidance to the respective BU / Department to enhance the effectiveness of project and change management and supporting governance within the BU / Department.
• Ensure access to sensitive information pertaining to the Bank, and ongoing and future strategic programs are maintained in strict confidence.
• Comply with the latest guidelines of the Central Bank of UAE.
• Contribute to successful internal audits and ensure timely closure of audit points through realignment of procedures.
• Establishing and maintaining effective working relationships with all senior business unit stakeholders including General Managers and external vendors as required.

Requirements

Requirements
• Minimum Bachelor's degree
• Post graduate in business management is a plus
• 10+ years of banking and/ or consulting experience.
• 7 years of experience Strategy or Change Management ; preferably in a financial institution
• Excellent communication skills
• Hands-on knowledge and experience executing and managing strategic projects
• Excellent organizational and time management skills
• Able to multi-task and work under stress in a fast-paced environment
• Analytical and detail-oriented
• Capable of shuffling priorities as needed
• Proven experience of implementing strategic change
• Proven capability to manage stakeholders at all levels and maintain effective working relationships
• Ability to interact and engage with C level management and executive leadership team.

About the Company

In 1969, when we at Commercial Bank of Dubai started out little did we know that sheer grit and determination would get us where we are today. An Emiri Decree issued by His Highness the Late Sheikh Rashid Bin Saeed Al Maktoum, the founder of modern Dubai, laid the cornerstone of Commercial Bank of Dubai. We started out as a joint venture of Commerzbank, Chase Manhattan Bank and Commercial Bank of Kuwait. A minority stake was held by a few UAE businessmen.

By 1982, little more than a decade later, we evolved into a National Public Shareholding company. A feat complimented by an exponential increase in the capital base and mammoth restructuring of our operations. The feather in the cap came when the Government of Dubai became a key shareholder.

Over the decades, we have transformed ourselves into a progressive and modern banking institution. We are supported by a sturdy financial base and reigned by a strong and stable management. The proof of which lies with our customers who have stood by us over the years.

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Senior Manager salaries in UAE

Average monthly compensation
AED 38,500

Breakdown available for industries, cities and years of experience