Vice President - Transformation & Strategic Outsourcing

RAKBANK2

Dubai, Dubai, United Arab Emirates permanent

Posted: November 10, 2025

Job Description

Join RAKBANK – Where Innovation Meets Integrity

At RAKBANK, we believe in fostering a culture of innovation, growth, and excellence. We are not just a bank – we are a community that thrives on teamwork, cutting-edge solutions, and the highest standards of governance.

About the Role

As VP, Senior Transformation & Strategic Program Lead, you will report to the Head of Strategic Outsourcing & Transformation and play a pivotal role in driving bank-wide transformation initiatives under the COO’s Office. This role is responsible for leading strategic outsourcing programs, optimizing operational models, and delivering measurable efficiencies across business and enablement functions.

You will collaborate with internal stakeholders and external partners to implement scalable solutions, enhance customer centricity, and embed a culture of service excellence.

What You’ll Be Doing

Strategic Transformation & Outsourcing

• Lead the design and execution of strategic outsourcing and shared services models.
• Drive transformation programs across the bank, ensuring alignment with COO-led initiatives.
• Deliver cost and headcount efficiencies through lean methodologies and digitization.

Program Delivery & Governance

• Oversee automation projects and MIS initiatives within the COO’s Office.
• Implement robust governance frameworks for offshoring and outsourcing, including PALM governance.
• Ensure compliance with regulatory frameworks and internal policies.

Operating Model Implementation

• Define and roll out processes, decision-making frameworks, and training for outsourced units.
• Manage end-to-end delivery of Shared Services Centers.
• Continuously identify digitization opportunities to improve customer experience and service levels.

Stakeholder Engagement

• Collaborate with IT, Operations, Business Units, and Premises teams to integrate new systems and co-location strategies.
• Manage vendor selection and onboarding for transformation tasks.
• Liaise with the Customer Experience unit to support service excellence initiatives.

What We’re Looking For

Education:

MBA or professional degree

Certified Agile or Scrum Master preferred

Experience:

• 10+ years in banking program management
• 3–5 years in outsourcing initiatives
• Proven success in transformation strategy and execution
• Experience with regulatory frameworks (CB UAE) and outsourcing setups in Asia/subcontinent regions

What’s In It For You

• Competitive, performance-linked compensation
• Medical coverage for you and your family
• Comprehensive life insurance
• Inclusive and diverse workplace culture
• Career development and fast-track growth opportunities
• Mentorship from industry experts

Skills That Set You Apart

Core Competencies:

• Strategic foresight and breakthrough thinking
• Stakeholder balancing and influence
• Business acumen and market awareness
• Integrity, authenticity, and trust-building
• Problem-solving and decision-making in complex environments
• Agile leadership and team mobilization
• Execution excellence and accountability
• Adaptability and resilience in dynamic settings

Technical Expertise:

• Deep understanding of outsourcing/offshoring frameworks
• Experience in transformation strategy and digital adoption
• Strong governance and change management capabilities
• Executive-level communication and influencing skills

Ready to Lead Strategic Change at Scale?

If you’re passionate about transformation, operational excellence, and delivering impact across the organization, we’d love to hear from you.

Apply now and be part of RAKBANK’s journey to redefine banking through innovation and strategic execution.

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