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Description
About the Role:
This is a high-impact opportunity to join RAKBANK’s Finance team as an Associate Vice President – Capital and Liquidity Management. In this role, you will contribute to the bank’s strategic financial stability by managing liquidity and capital adequacy in alignment with regulatory standards. Reporting to the Vice President – Capital & Liquidity Management, you will collaborate with cross-functional teams including Risk, Compliance, IT, and Data Management, and regularly engage with senior management and regulatory authorities. This role offers exposure to strategic decision-making and the chance to influence the bank’s financial resilience.
What You’ll Be Doing:
Liquidity Risk Management
- Monitor and manage the bank’s liquidity position to ensure regulatory and internal policy compliance.
- Support the development and execution of liquidity strategies to maintain financial stability.
Capital Management
- Assist in preparing and submitting capital adequacy reports to CBUAE.
- Monitor capital ratios and ensure alignment with regulatory requirements.
- Contribute to optimizing the bank’s capital structure through strategic initiatives.
Regulatory Compliance
- Ensure all activities comply with CBUAE standards and internal policies.
- Stay informed on regulatory changes and assess their impact.
- Provide guidance to internal teams and respond to regulatory queries.
Reporting and Analytics
- Prepare detailed liquidity and capital reports for senior management and the board.
- Analyze financial data to support strategic decisions.
- Drive process improvements in reporting and analytics.
Additional Responsibilities
- Enhance MIS and operational aspects of capital and liquidity reporting.
- Foster a high-performance culture within the Finance team.
- Liaise with rating agencies and prepare relevant presentations.
What We’re Looking For:
- Education: Bachelor’s degree in Finance, Accounting, or a related field.
- Experience: 5–10 years in Finance, Treasury, Risk, or Compliance roles; minimum 10 years of professional experience.
- Industry Exposure: Familiarity with CBUAE liquidity and capital requirements.
What’s In It For You:
- Competitive, performance-linked compensation
- Medical coverage for you and your family
- Comprehensive life insurance
- Inclusive and diverse workplace culture
- Career development and fast-track growth opportunities
- Mentorship from industry experts
Skills
- Strong analytical and presentation skills
- Proficiency in Excel, Power BI/Tableau, VBA/SQL
- Excellent communication and stakeholder management
- Ability to work under pressure and manage multiple priorities
- Awareness of regulatory frameworks and financial standards
Opportunity Details
RAKBANK
RAKBANK, the trading name of the National Bank of Ras Al-Khaimah, is a public joint stock company, headquartered in the emirate of Ras Al-Khaimah, in the UAE. The Head Office of the bank is situated in RAKBANK Building, Emirates Rd, Ras Al-Khaimah. The bank is 52.75% owned by the Government of Ras Al-Khaimah.
Shares are publicly traded. Board consists of several members of the ruling family of the emirate of Ras-Al Khaimah and businessmen from UAE and Kuwait. The bank is engaged in providing retail and corporate banking services through a network of thirty three branches in the United Arab Emirates, but all the transactions are handled on a strictly commercial basis.
Board of Directors
H.E. Shaikh Omar bin Saqr Al-Qasimi Chairman U.A.E
H.E. Shaikh Salim bin Sultan Al-Qasimi Member U.A.E
Mr. Hamad Abdulaziz Al Sagar Member Kuwait
Mr. Abdul Aziz Abdulla Al Zaabi Member U.A.E
Mr. Yousuf Obaid Essa Al Nuaimi Member U.A.E
Mr. Ahmed Essa Al Naeem Member U.A.E
Mr. Salem Ali Abdulla Saeed Al Sharhan Al Nuaimi Member U.A.E