Banking Jobs In UAE | RAKBANK Careers
RAKBANK announced on its official Linkedin page a vacancy
Financial Analyst
RAKBANK speaks for itself
- RAKBANK is one of the oldest and most established financial institutions in the United Arab Emirates. Since its establishment in 1976.
- The Bank witnessed a series of important transformations as it had a new start in 2001, when its focus shifted from providing retail banking services only to becoming a leading banking institution in the field of retail and small business banking services.
- Today, the bank offers a wide range of retail and corporate banking services to customers across the UAE through its branches, mobile sales force and industry-leading digital solutions.
- The Bank also provides Islamic banking solutions through its "Islamic Banking Services" division.
- The National Bank of Ras Al-Khaimah RAKBANK is a public joint stock company based in the Emirate of Ras Al-Khaimah in the United Arab Emirates, and listed on the Abu Dhabi Stock Exchange.
- The Bank has five subsidiaries collectively known as the “Group”.
- The head office of the Bank is located in the Emirate of Ras Al Khaimah.
- The bank's capital is 52.78% owned by the government of Ras Al Khaimah and its shares are offered for trading on the Abu Dhabi Stock Exchange.
- RAKBANK is proud to be a member of the Federation of Emirates Banks and is committed to the text of the Customer Charter of all member banks.
- The bank is committed to the customer charter of spreading trust and best practices throughout the banking industry by providing customers with clear guidance on the standards of service expected from these banks.
- With a diverse team of more than 3,000 employees from 58 countries, RAKBANK is committed to providing a work environment that promotes work-life balance, and career development.
Job Responsibilities
- Prepare and analyze monthly, quarterly and annually Opex Management packs, MIS , forecasts & Board Submissions.
- Review and Analyze major deviations from budgets and previous periods.
- Evaluate and validate and further track savings from various Cost optimization initiatives as a part of Strategic Cost Management activity.
- Review periodic accruals and releases to ensure accurate reporting of transactions and expenditure.
- Prepare and review Indirect Cost allocation workings for financial reporting.
- Liaise with Divisional heads for queries around Cost optimization targets and status updates
- Effectively action actual and budget transfers.
Knowledge, Skills and Experience
- Ability to handle and process large amounts of complex data and maintain confidentiality of certain critical information.
- Ability to identify variation in solutions provided as against business requirement and process.
- Ability to highlight any underlying issues in system, GL and process delays by monitoring the reports and providing resolution where applicable.
- Ability to examine in detail real life end to end business scenarios. Make recommendations, propose appropriate solutions.
- Ability to communicate effectively & efficiently through both verbal & written communication.
- Ability to gather, analyze, evaluate information in order to make appropriate business decisions within applicable framework.
- Ability to work under pressure involves dealing with constraints which are often outside your control like resource , tight timelines, complexity of task assigned.