Chief Operating Officer / Business Manager
Jpmorgan Chase Bank N.A
Total years of experience :13 years, 1 Months
Drive the development and execution of business strategies.
Leadership responsibility for key support functions (Operations, Business Support Management & Technology).
Responsible for supporting the CEO and the senior business heads while also influencing the end-to-end infrastructure support in the country.
Oversee the delivery of all new business initiatives throughout their life cycle; from the assessment to post implementation review phase.
Chairman of the Business continuity management committee.
The Secretary of the Foreign Banks Branches Committee (June 2019 - December 2020).
Designation Chronology:
• Mar 2017 - Present: Senior Financial Controller, Consumer Finance Division, Shared Service Group and HR Group
• Feb2016 - Feb2017: Senior Financial Controller, Consumer Finance Division
• Jan2014- Jan 2016: Financial Controller, Personal & Residential Finance
• Jul 2012 - Dec2013: Financial Planning & Insight Officer (Personal & Residential Finance)
Highlights:
• Key member of the Purchasing Committee of NCB consisting of top executives like the CFO, COO and CIO.
• Accountable to handle a large portfolio with value of more than 50 billion.
• Active participation in the implantation of the new SAMA regulation for Personal & Residential Finance.
• Key contribution in changing the Loan Core System from BANCS 9 to BANCS 14 for Personal and Residential Finance.
Key Responsibilities:
Financial Planning and Management:
• Provide leadership to the finance team with overall control of the bank’s accounting and finance function in order to optimize the company’s financial performance and strategic position.
• Supervise and manage all financial aspects of the bank strategy including financial planning and developing financial management mechanisms in order to optimize the bank financial results.
• Analyze costs, pricing, variable contributions, sales results and the bank’s actual performance compared to the business plans for maintaining the financial health of the organization.
• Perform all finance activities in a timely manner, ensuring that the NCB meets all applicable standards, regulations and laws; maintain accurate documentation for financial operations and transactions.
Accounting Operations:
• Monitor and analyze accounting data, oversee maintenance of accounting records for each transaction and ensure appropriate preparation of general ledgers, trial balance and financial records.
• Develop, implement and maintain accounting and administrative policies and procedures for a wide-ranging set of activities including financial accounting and reporting, employee relations and other corporate policies.
• Coordinate and direct the preparation of the budget, financial forecasts and report variances.
• Develop and maintain accounting principles, practices and procedures to ensure timely financial statements; provide accurate financial information to the management to facilitate the decision making and ensure organizational success.
Highlights:
• Significant contribution in developing and revising pricing model and optimizing pricing strategies and policies for the company by researching and interpreting changes in buyer’s behavior, economic changes and customer’s feedback.
• Proactively explored international markets and assisted marketing division in development of new brands.
Key Responsibilities:
• Conducted extensive market research, analyzed market dynamics & opportunities, pricing trends and sales margins to develop reports, procedures and tools for pricing and quoting for company’s major products - Mayo, Pasta and Tuna.
• Consolidated and analyze financial data (budgets, income statement, forecasts, etc.) taking into account company’s goals and financial standing.
• Conducted business studies on past, future and comparative performance and developed forecast models; developed financial models, conducted benchmarking and process analysis.
• Identified business trends and market dynamics and updated senior management to acquire new markets, and expand company’s reach and profit.
• Assembled and summarized data to structure sophisticated reports on financial status and risks; provided creative alternatives and recommendations in order to reduce costs and improve financial performance of the company.
• Tracked and determined financial status by analyzing actual results in comparison with forecasts; identified variations and established trends with actual achieved in forecasted budgets for revenue and expenses.
• Presented reports to senior management to measure the feasibility of existing/new products based on NPV and weigh other competitive products; also build value chain models to determine products prices in international markets.
PREVIOUS ASSIGNMENTS:
• Feb2010 - Sep2010 (07 Months): Co-op Trainee, General Electric Energy, Dammam, Saudi Arabia
- Received performance certificate for successful completion of assigned projects
• 2008 - 2010 (2 Years): Lab Attendant / Grader (Part-time), KFUPM, Saudi Arabia.
• Aug YYYY- Sep 2008: Trainee - Medical Supply Department, ARAMCO, Dhahran
First Honor Degree
Honor Degree