Assistant Manager

3 weeks ago


dubai, United Arab Emirates Rakbank Full time
RAKBANK, also known as the National Bank of Ras Al-Khaimah, is a Public Joint Stock Company based in the United Arab Emirates (UAE). It was founded in 1976 and is one of the oldest banks in the UAE. The Bank operates within retail and corporate banking, offering a range of services including personal and business banking, credit cards, loans, investment services, and wealth management.In the recent years, the Bank has achieved significant milestones which includes being named as one of the world's best banks by Forbes ME (2022) and was awarded UAE's SME Bank of the year by the Asian Banking and Finance Awards. The Bank has been successful in achieving the highest profitability and lowest cost of risk since 2015. It has also seen significant growth in its acquiring business, card spending, and business loans.Being on a transformational journey, in partnership with Honeywell, RAKBANK has also taken steps towards sustainability by reducing its overall energy consumption.We are a diverse team comprising of over 3,000 employees from across 58 countries. We make conscious efforts to build talented and diversified teams and encourage people to develop their full potential. We are committed to providing a working environment that promotes work-life balance, career development, recognition and security for the future.In line with our strategy, a major part of our transformation journey is to future proof our bank and establish ourselves as a ‘Digital bank with human touch’, for our customers.So join us in co-creating the future of RAKBANKWhat You Will Be DoingConduct thorough assessments of existing processes across multiple banking functions.Identify bottlenecks, inefficiencies, and areas for improvement.Utilize Six Sigma methodologies and tools to analyze processes and recommend improvements.Guide and mentor teams in Six Sigma principles and practices.Lead cross-functional teams to redesign processes and workflows for maximum efficiency.Implement process improvements, automation, and standardization.Collect and analyze data to support decision-making and measure process performance.Develop performance metrics and KPIs to track progress.Identify cost-saving opportunities and initiatives through process optimization.Collaborate with stakeholders to implement cost-effective solutions.Ensure compliance with regulatory requirements while optimizing processes.Mitigate risks associated with process changes and improvements.Collaborate with various departments and teams, including trade, credit, card services, treasury, and account opening, to align transformation efforts with business goals.Maintain comprehensive documentation of process changes, improvements, and best practices.Create process manuals and training materials as needed.Foster a culture of continuous improvement by promoting best practices and innovative solutions.What You Should HaveFamiliarity with banking operations, including trade, credit, cards, treasury, and account opening.Knowledge of regulatory compliance in the banking sector.Proficiency in data analysis tools and software.Stay up-to-date with industry trends and emerging technologies.What We Are Looking ForBachelor's degree in business, finance, or related field. Master's degree is a plus.Six Sigma Belt Certification (green belt or higher or reading for black belt) is mandatory.Minimum 3-4 years of proven experience in process re-engineering and transformation within a banking environment.What’s In It For YouPay for performance culture (Competitive and performance-linked compensation)Provision of medical care plan for your family and youDiverse workforce and inclusive cultureCareer development and growth opportunities by designWork with the best minds in the fieldGet opportunities to bring your whole-self to the organization and perform to your best
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