Assistant Vice President

2 days ago

Bengaluru, Karnataka, India Mashreq Full time ₹ 15,00,000 - ₹ 25,00,000 per year

The Job is being created to lead the growth through effective leadership, solutions and deployment of Digital Banking Channel experiences across Neo Corp platform in UAE and International locations.

Mashreq is transforming and expanding its Corporate Platforms to Digital Banking solutions to include Corporate Digital Experience, Host to Host, Liquidity Management, Payments, Corporate Collections, Trade Finance and Supply Chain Finance across all its geographies. Many of the new platforms are rolled out or in final stages of implementation.

About the Role:

Neo Corp being an Internet banking hybrid channel supports Corporate Banking needs of Company's/customers, via both Web and Mobile channels. Bank has identified opportunities for growth in UAE and IBG countries (UAE, Egypt, Bahrain, Kuwait, Qatar, Hong Kong, UK, USA) for future growth including expanding its operations at international locations.

This role seeks critical thought leadership, technical and functional expertise/capability to create solutions and develop custom Channel implementations. Role will contribute in building a feature rich digital and resilient system for corporate clients of Mashreq and consequent business growth.

The role envisages, continuous collaboration with all the stakeholders like Product for Change management, Business for requirements and issue analysis, CSU for customer interactions, feedback and experience, Operations for administration and reconciliation, Development teams for implementation of change, Vendors for product upgrades and support and ISG for info security in order to help keep the system up and running 24/7.

Business Outlook:

Corporate banking platform generates revenues of about AED 128 million, handles about 1.5 million transactions annually, supporting approximately 13,500 GTB Corporate customer's banking needs.

Bank has identified Multinational and Regional Corporates as the key target segment for future growth. These large Corporates have complex Payments (with centralized payment hubs) coupled with intra-group and cross border liquidity requirements. Efficient Liquidity Management drives corporate business optimizing cost of funds and is a critical driver for Bank selection.

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