STRATEGY MANAGEMENT & INSIGHTS OFFICER/ANALYST - (260002AI)
JOB PURPOSE To support in monitoring the execution of the set strategy and milestones and collect all relevant information regarding the progress made on each milestone, analyse and report any deviations in order to update the management regularly, as well as, assist in developing relevant business plan and review documents to the Board. Description Monitoring and aligning strategy execution 1. Extract the annual key milestones pertaining to the business/support area within the domain under coverage, with corresponding accountable parties identified, in accordance to the year’s approved business plan and in alignment with the bank’s strategy to facilitate/ensure efficient monitoring of the year key priorities. 2. Follow-up on the annual key milestone and ensure they are received in a timely manner and in good quality to assist in preparing the required reports to senior management and monitoring the bank’s progress against its 5-year strategy by analysing the data received. 3. Assist the senior officer in highlighting the key deviations in the strategy/business plan execution and recommendations for corrective actions to ensure the organization delivers on its key strategic priorities and meet its financial and non-financial KPIs. 4. Gather and analyse the required data to assist in preparing the bank’s annual budget & business plan, mid-year and end of year financial and non-financial performance review reports. 5. Evaluate and gather data on the ongoing trends in the market and perform thorough research to identify key opportunities, changes required in business plan and the bank priorities 6. Assist in managing the key strategic projects/ initiatives to support timely & effective implementation.
Qualifications & Experience Bachelor’s Degree in Commerce, Business Administration, Economics or its equivalent. Fresh graduate or min. 1-year of experience in the financial sector Skills Sharp qualitative and quantitative analytical skills Self-motivated and goal-driven Can perform very well under pressure Ability to multi-task Excellent command of English and Arabic. A third language is a plus Excellent soft skills, including: communication, presentation, writing and research skills Excellent command of Microsoft Office
: Egypt-Giza-GIZA HEAD OFFICE
Nile Tower Building. 21/23 Charles De Gaulle St., Giza P.O. Box 2430
: Back Office
: CEO AREA
: Day Job
Job Type: Full-time Employee
Commercial International Bank was established in 1975 as a joint venture between the National Bank of Egypt (NBE, 51%) and the Chase Manhattan Bank (49%) under the name "Chase National Bank of Egypt”. Following Chase's decision to divest its equity stake in 1987, NBE increased its shareholding to 99.9%, changing the Bank’s name to Commercial International Bank (Egypt) S.A.E. NBE’s stake gradually decreased through several public offerings till reaching 18.7%. In 2006, a Consortium led by Ripplewood Holdings acquired NBE stake. In July 2009, Actis, a leading emerging markets private equity firm, invested US$ 244 million to get shares in CIB, acquiring hence 50% of the Ripplewood Holdings Consortium’s stake. Five months later, Ripplewood sold its remaining 4.7% stake over the open market, marking the successful transition of strategic partnership to be with Actis, who then became CIB’s largest shareholder with a 9.1% stake. In March 2014,Actis sold a portion of its holding, representing 2.6% of the Bank’s total outstanding shares, in the open market to a group of international investors. In May 2014, Actis, successfully realised its investment in CIB and sold its remaining 6.5% to Subsidiaries wholly owned by Fairfax Financial Holdings Ltd “Fairfax”.
CIB is Egypt’s leading private sector bank, offering a broad range of financial products and services to its customers, including enterprises of all sizes, institutions, households and high-net worth individuals. CIB strives to provide superior financial solutions to meet all customers’ needs. Having the strongest brand equity rightfully places CIB as the bank of choice for over 500 of Egypt’s largest corporations. CIB shows tremendous potential within the bourgeoning Retail and SME Banking markets. Through its superior management, high-operating standards, corporate governance best practices and training programs,CIB has succeeded in becoming the most profitable commercial bank operating in Egypt for more than 40 years.
