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 \xe2\x80\x93 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, \xe2\x80\x93 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 \xe2\x80\x93 provide advise and guide project manager in developing business case calculation

• Monthly reporting (MIS, KPI Tracker, BAU product report, Segment PnL, GMC, GRBC, GALCO) \xe2\x80\x93 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 \xe2\x80\x93 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