Job Purpose:
The key role of the Manager Strategy is to support implementation of strategic bank-wide projects, research and analysis, and preparation of relevant reports.
Typical strategic projects encompass:
Follow up of Action items
Provide support for closure of action items as relevant
Key Result Areas:
The Manager, Strategy shall add value to the organization by identifying, documenting and analyzing strategic internal and external topics, before implementing and controlling strategic initiatives through the initiation of specific implementation projects together with the business unit management.
The strategic project planning process consists of five sub processes:
1. Analysis
Identification of Recognition of market innovations and implications for Mashreq
Identification of key levers concerning market insights
Identification of potential internal efficiency gains
Identification of domestic and international expansion opportunities
Definition of strategic projects incl. milestones, project organization, resource allocation and risks involved
2. Proposals
3. Tracking and reporting
Tracking of bank wide strategic projects and troubleshooting as relevant
Provide status update reports on the projects
4. Implementation
Ownership of select strategic bank-wide projects
Implementation support for business & enabler units in strategic projects
5. Controlling
Evaluation of value-added of strategic projects/ Strategy Unit
Operating Environment, Framework and Boundaries, Working Relationships:
The job holder shall operate in complex and uncertain environments that are characterized by diverse market economics and international regulations, thus requiring multi-jurisdictional knowledge.
This position manages projects that have both strategic dimensions and bear significant corporate impact. Inputs from internal and external sources to provide information for strategic business decisions. Output to Senior management for strategic business decisions
Working relationships required with senior management at the bank, coordinators of each unit for Planning, MIS, MBO etc. This requires close coordination and relationships with several sources due to tight deadlines and required quality of information and analysis provided. Also, support and analysis provided to external consultants on a variety of requests.
Problem Solving:
Meeting the complex and varied nature of requirements to take strategic decisions requires:
High level of technical and analytical skills to transform data into intelligence
High level of competence for multi dimensional and structured problem solving
Breaking up complex and large problems into simpler manageable units
Ability to think through interdependencies and impact of decisions on multiple fronts
Ability to make intelligent directional estimates in the face of uncertainty and limited data availability
Sound understanding of the granular level data in order to provide the big picture
Identification of reasons for wide variances or fluctuations in the results of the performed studies/ analysis
Decision Making Authority & Responsibility:
Responsible to ensure alignment of business/ enabler unit strategies & strategic initiatives with bank-wide strategy
Responsible to ensure quality and timeliness of analysis and reports to senior management
Determining external sources of information and data gathering
Responsible to ensure integrity and accuracy of presented information
Responsible for participation in special strategic projects undertaken from time to time.
Knowledge, Skills and Experience:
Knowledge/ Skills
Excellent analytical/ problem solving skills and knowledge of functional topics such as Strategy, Operating Model, Organization, Market research, Macroeconomics, M&A/ Corporate Finance and Management Accounting
Ability to transform data into intelligence with experience in designing management reports
Assessing impact of internal and external topics on the bank’s strategy
Excellent inter-personnel, communication, organizational and presentation skills required to interact with and provide intelligence to senior management for strategic business decision
Experience in international financial services industry Ivy league/ Top B School MBA preferred
Disclaimer: Mashreq will never ask for your bank related information via phone call, SMS or email. We will also never contact you from a mobile number to resolve your query.
Welcome to the LinkedIn page of Mashreq. More than half a century old, we proudly think like a challenger, startup, and innovator in banking and finance, powered by a diverse and dynamic team who put customers first. Together, we pioneer key innovations and developments in banking and financial services. Our mandate? To help customers find their way to Rise Every Day, partnering with them through the highs and lows to help them reach their goals and unlock their unique vision of success. Join Mashreq and find your way to Rise Every Day.
