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Senior Vice President, Head of Strategy and Planning - Business Banking Group

RAKBANK
Dubai, UAE
fulltime
Mid-Senior
2 months ago
Strategic LeadershipCorporate GovernanceVisionary PlanningStakeholder ManagementBoard RelationsEconomic Development
Free

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Strategic LeadershipCorporate GovernanceVisionary Planning
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About The Role

The Head of Strategy & Planning acts as a key strategic partner to the Chief Commercial Officer (CCO) – Business Banking, driving the strategic direction, commercial planning, and execution agenda of the Business Banking division.

This role shapes the medium- and long-term strategy, aligns it with market opportunities and internal capabilities, and translates it into actionable plans.

It leads Cost Management, Planning, and Customer Segmentation functions, supported by a Strategy Manager, forming the central strategy office for Business Banking, and reports directly to the Chief Commercial Officer (CCO) – Business Banking.

What You’ll Be Doing

  • Define and drive Business Banking strategy in alignment with the bank’s overall direction.
  • Monitor market trends, regulatory changes, and emerging technologies to identify opportunities and risks.
  • Translate insights into strategic recommendations and initiatives.
  • Develop annual and multi-year strategic and financial plans.
  • Oversee planning and budgeting processes, ensuring alignment with strategic priorities.
  • Track performance against plans and recommend corrective actions.
  • Maintain dashboards and executive-level reporting for transparency.
  • Lead cost optimization initiatives to improve cost-to-income ratio.
  • Ensure efficiency and productivity while maintaining customer experience.
  • Develop segmentation frameworks for targeted propositions and pricing strategies.
  • Use analytics to shape product development and channel strategy.
  • Drive transformation projects, process reengineering, and digital enablement.
  • Act as business owner for cross-functional initiatives with clear success metrics.
  • Lead and develop teams in Cost Management, Planning, and Customer Segmentation.
  • Foster collaboration across Finance, Risk, Operations, and Digital functions.
  • Represent Business Banking in strategic forums and committees.

What We’re Looking For

  • Bachelor’s degree in Business, Finance, Economics (Master’s preferred).
  • 10–15 years of banking or financial services experience, with at least 5 years in strategy or planning leadership.
  • Strong understanding of Business Banking products and market dynamics in UAE/GCC.
  • Proven track record in strategic planning and business transformation.
  • Exceptional analytical, commercial, and leadership skills.

• Market & Competitor Analysis

  • Cost Optimization

What You’ll Gain

  • Competitive compensation and performance-based incentives
  • Medical coverage for you and your family
  • Comprehensive life insurance
  • Exposure to high-impact strategic projects
  • Supportive and inclusive workplace culture
  • Opportunities for career advancement and professional development

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