Job Description

DescriptionPrimary Objective:

• Provide planning and analysis support to GCB teams wrt Secured and Unsecured products
• Work alongside businesses, supporting and advising their strategic and operational decision making. Provide insights based on in-depth understanding of key drivers, sound analysis and understanding of economic trends and customer behaviour.
• Generate quality customer insight, manage information, identify trends to assist decision making. Apply business understanding and leverage analytics to support delivery of squad mission

Key Responsibilities:

• Assist Squad lead in managing budget exercise
• Manage critical analysis, e.g. CPA / cost per sales study, thematic review
• Assist in handling queries from external auditor and/or authorities, e.g. BNM
• Carrying out analysis on complicated matters, new/urgent or adhocs request received
• Carry out RIP hurdle rate half yearly review and compile half yearly RIP hurdle rate deviation tracking from BU.
• Cost per Account / Cost per acquisition (sales) study
• Monthly forecast - collation of drivers from business and translate into financials (Sales, Balances & Revenue)
• Manage & prepare rolling forecast (4+8, 5+7, 6+6, 8+4, 9+3, 10+2 etc.) and annual budget cycle guided by Group Finance and Group Strategy:

• i) Scenario planning;
• ii) Collate business & management input & economic factors guided by Group Finance and Group Strategy
• iii) Prepare financial workings (Sales, Balances & Revenue), perform analysis and challenge/provide assumptions
• iv) Discuss and validation of assumptions, sales channel productivity & HC (work with reporting cycle)
• v) Provide balances to LLP team for computation
• vi) Provide sales numbers to reporting circle/incentive team for incentive computation
• vi) Discussions and alignment with business and Management
• vi) Participate in budget challenge sessions

• Business financial gatekeeper / governance on strategic management of key expenditure for OPEX & CAPEX, - engage in reviews, strategic discussions, carry out analysis, challenge basis/assumptions to align Management objectives and financial/business sense for:

i) incentive schemes proposed by channel /sales / businessii) Business (product) & sales channel campaign proposalsiii) GCB, Group initiatives related to the product - provide advise and guide project manager in developing business case calculation

• Monthly reporting (MIS, KPI Tracker, BAU product report, Segment PnL, GMC, GRBC, GALCO) - receive reports from reporting cycle, assist to provide variance analysis and coach Reporting Circle in complicated reporting issue (e.g. potential input error by the originator)
• Analyze and provide advice on variance and corrective action on monthly report for financial reporting business, sales channel
• Review product pricing strategy paper/initiative and prepare RAROC analysis
• Reporting of retail segment - assist to provide variance analysis
• Attend periodical business / product / channel review meetings (mostly monthly, chair by GCB Director)
• As a liaison between business and reporting circle
• Review and assist BU on financials preparation for PIR(Pre & post implementation review) for product.
• Manage RAROC, ROA, RWA analysis

RequirementsRequirements:

• Planning and strategy skills
• Budgeting Skills
• Possess strong presentation & communication, articulation in reporting for stakeholder, senior management
• Well informed on the developments in the relevant domain
• Good understanding of key bank processes
• Business financials and planning knowledge
• Good problem solving and analytical skills
• Knowledge on analytical tools
• Good written communication skills
• Solid business sense and problem-solving & critical thinking to drive continuous improvement

BenefitsDental, Education support, Miscellaneous allowance, Medical, Loans, Sports (e.g. Gym), Parking, Vision, Regular hours, Mondays - Fridays, Casual Business Wear, Performance Based Rewards

RHB Bank