Summary
RAKBANK is seeking an Executive Vice President to lead segmentation, partnerships and planning for Business Banking in Dubai. The role sets business strategy, owns planning and performance management, develops segment and digital partnership propositions, and leads AI, analytics and cross-functional transformation initiatives. Candidates should have 20+ years of experience in banking, financial services, consulting or FinTech, strong strategy or transformation leadership, and deep knowledge of Business Banking and UAE/GCC markets; a relevant bachelor’s degree is required, with an MBA preferred. Compensation is described as competitive and performance-linked; medical coverage and life insurance are also offered.
The posting
As published on rakbank.ae. Pulled from the employer's site and shown as they wrote it.
What You’ll Be Doing:
Strategic Leadership & Enterprise Planning
- Define and drive medium- to long-term Business Banking strategy across all segments and portfolios.
- Translate group ambitions into actionable execution strategies at portfolio and segment level.
- Lead scenario planning across macroeconomic, regulatory, and competitive environments.
- Act as a trusted advisor to senior leadership on growth, productivity, and transformation priorities.
Business Planning, Performance & Cost Management
- Own the annual and multi-year business planning cycle.
- Drive performance monitoring across revenue, margins, balance sheet, and ROE.
- Lead cost management and productivity initiatives to improve cost-to-income ratios.
- Deliver executive dashboards and insights to support data-driven decision-making.
Segment & Portfolio Optimisation
- Shape and refine strategies across Micro-SME, SME, Commercial Banking, and specialised segments.
- Partner with Product, Distribution, and Coverage teams to align propositions and go-to-market strategies.
- Identify growth opportunities and white-space using advanced analytics.
Digital Partnerships & Ecosystem Development
- Define and execute digital partnership strategies across FinTechs, ERP platforms, and ecosystem partners.
- Drive embedded finance and platform-based propositions for SME clients.
- Ensure partnerships deliver scalable commercial value and differentiated customer outcomes.
Applied AI & Advanced Analytics
- Lead deployment of AI use cases including predictive analytics, SME advisory, and RM enablement tools.
- Drive innovation in analytics-led decisioning and customer engagement.
- Ensure AI and analytics are embedded into core business platforms and processes.
Cyber Security & Fraud Analytics
- Partner with Technology, Risk, and Security teams to leverage AI for fraud prevention and cyber resilience.
- Strengthen protection across SME platforms and digital ecosystems.
Transformation & Execution Governance
- Own and drive major cross-functional strategic initiatives.
- Ensure disciplined execution, governance, and measurable business outcomes.
Leadership & Stakeholder Management
- Lead and develop a high-performing Segmentation, Partnerships & AI team.
- Represent Business Banking in executive forums, committees, and strategic discussions.
What We’re Looking For:
Education:
Bachelor’s degree in Business, Finance, Economics, or a related field (MBA preferred).
Experience:
- 20+ years of experience across banking, financial services, consulting, or FinTech.
- Strong leadership experience in strategy, planning, or transformation roles.
- Proven track record in developing and executing enterprise-level strategies.
Industry Exposure:
- Deep understanding of Business Banking products, customer segments, and UAE/GCC market dynamics.
- Strong exposure to digital banking, analytics, AI, and ecosystem-based business models.
What’s In It For You:
- Competitive, performance-linked compensation.
- Medical coverage for you and your family.
- Comprehensive life insurance.
- Opportunity to shape enterprise-level Business Banking strategy.
- Exposure to cutting-edge digital, analytics, and AI transformation initiatives.
- A collaborative, innovation-driven culture with strong leadership visibility.
Skills:
- Strategic Thinking: Enterprise-level strategy and commercial acumen.
- Leadership & Influence: Strong executive presence and stakeholder management capability.
- Analytical Capability: Expertise in data-driven decision-making, analytics, and AI.
- Transformation Mindset: Proven ability to drive change and execute large-scale initiatives.
- Digital & Ecosystem Expertise: Strong understanding of FinTech, partnerships, and platform models.