Planning Analyst
Gulf International Bank
Total years of experience :11 years, 7 Months
I am currently working as a Planning Analyst placed within the Strategy Department at Gulf International Bank (GIB), which is headquartered in Bahrain but has its operations spanning across the Gulf Cooperation Council countries as well as United Kingdom and United States of America. GIB specializes in Corporate and Investment Banking but also offers Asset Management Services and has a growing Retail presence.
I have been associated with my current role since December 2016 and my responsibilities include preparing weekly, monthly and quarterly reports showcasing and analyzing the performance of all business divisions (such as Wholesale, Investment Banking, Asset Management, Treasury and Retail) of the Bank, benchmarking the Bank’s position against competitors and general market trends as well as providing analytical support to the Head of Strategy to enable decision making on a diverse range of strategic topics and transformational initiatives.
I worked as a financial analyst for Islamic International Rating Agency, which is a credit rating company engaged in the evaluation of the risk profile of the financial institutions established predominantly in Islamic countries. The company's rating spectrum encompasses the full array of capital instruments and specialty Islamic financial products.
My role in the organization entailed assessing the financial strength and stability of institutions ranging from Islamic Banks, Islamic Insurance companies, Corporates intending to issue Sukuk, as well as evaluating the Corporate and Shari’a governance structure in place at these institutions. I also interacted with the management team of the clients to gather relevant information in order to better understand the scope and focus of their business. One of my major responsibilities was to prepare rating reports providing in depth research about the economic environment in which the institution operated as well as its asset quality, liquidity base, funding sources, capital adequacy, profitability, market position, governance structure and future direction. I also collaborated on sovereign rating assignments with the senior management team and assisted in the preparation of the comprehensive sovereign rating report.
•Analyzed financial projects by calculating Net Present Value and Internal Rate of Return for the projects
•Prepared the projected financial statements for the projects such as Balance sheet, Income statement and Cash flow Statement.
•Analyzed the company’s profitability, solvency, liquidity, efficiency by conducting ratio analysis of their financial statements
•Performed casting and assisted in the preparation of financial statements
•Assisted my supervisor by completing a number of tasks that included data entry and casting
•Carried out various administration tasks
Accreditations Passed the Reuters 3000 Xtra exam conducted by Thomson Reuters Markets Academy Appeared for the Bloomberg Assessment Test and scored 64.53, scored in the top 20% of over 25000 test takers Awards received Received Dean’s Commendation for outstanding achievement at The University of Exeter Received the Thomson Reuters Scholarship from the University of Exeter Dissertation Undertook dissertation at the University of Exeter in the topic of “Effect of Hedging oil and gas price risk on the firm value” to examine the relationship between the use of derivatives for the purpose of hedging oil and gas price risk and the effect it has on the firm’s market value
Extra-curricular Activities Assisted in the organization of the cultural events at the University Attended seminars on Private Equity, Investing for life