Commercial Director Finance B2B

We are transforming Ikano Bank to become a truly digital and entrepreneurial international bank. With Ingka (IKEA) investing in the bank we have entered into the next phase to accelerate the transformation further and scale up our business to serve more of the many people. We believe this is a great opportunity to join us on this journey and become part of Ikano Bank’s Finance team. If you enjoy working in an ever-changing environment, where finding new solutions and welcoming changes will be part of your everyday life, Ikano Bank is right for you.

The role will report directly to the CFO and with a dotted line to Chief Commercial Officer B2B (CCO). You will be part of the CFO’s Finance Management Team and will work together with local and global Finance resources to deliver on set goals. You will be a true business partner and support the Commercial B2B Team in financial related matters, initiatives, and projects, having a broad view of the financial health and financial strategy fit of our commercial actions.

The B2B commercial organization is a newly established business area with the purpose to increase the commercial focus and specialize around finance to companies. Today we operate the B2B business in Sweden, Denmark, Norway and Finland providing financial leasing and factoring via partners and brokers, and business account services to IKEAs company customers. We are running a digital transformation program replacing all existing platforms to take us into the future digitalizing our processes and enabling scaling with more products and services as well as potential expansion beyond the Nordic geography.

You will help us simplify finance for the many people

Your main responsibilities as a Commercial Director Finance B2B include:

• Partnering with the Commercial organization, together with the Product and the Credit Risk area of business, in order to drive business growth in line with risk appetites and profitability targets
• Supporting the transformation of the bank as well as the expansion into new markets or external growth including bank wide initiatives
• Supporting the Commercial area in delivering against agreed annual and long-term financial budgets and plans
• Providing strategic recommendations to the CFO and CCO regarding the financial aspects of the bank’s commercial development within B2B

Are you the one for Ikano?

The role requires that you are an experienced professional who has genuine commercial, strategic and leadership skills to make a difference. We believe that you have:

• Proven finance experience with a full suite of technical financial skills including financial control, financial planning and analysis, capital steering etc. as well as experience of effectively handling multiple stakeholders.
• Proven experience of successfully leading finance professionals and with a track record of developing people.
• Comprehensive understanding and experience of financial and commercial models, theories and practices in the domestic and international banking industry.
• A track record of driving large-scale transformations and change, including investment in digital capability.
• Knowledge of credit risk framework, systems and controls. Understanding of external regulation and their impact on the business.
• Experience from banking, private equity owned or listed companies.
• Interest or experience from ecommerce, fintech or similar, is an advantage.

As a person you possess a high level of integrity, energy, and personal drive. You get excited about driving business improvements and to lead in change. You have a down-to-earth approach, are curious and open-minded. You enjoy working together and you feel proud of achieving improvements of daily business. You want to see results and are able to work hard. You are inspiring, involving and motivating the organisation to see the long-term objective. You secure that everybody is striving in the same direction and deliver to set goals. You are inclusive in the way you lead, and you appreciate the power of diverse organisations and teams.

Join us now – together we will find a better way

Please apply at the latest 2022-11-14. The position may be filled before this date. More information can be given by Jonas Thuresson, People & Communication Business Partner, +46 76118 29 87 or through e-mail jonas.thuresson@ikano.se

Please note that Ikano bank will perform credit check and request an extract from the criminal records as part of the pre-employment screening.

If Ikano discovers adverse credit in your name or should our investigations identify any other criminal offence by you (on your part) this may result in failure of the pre-employment screening. Failure to pass the above checks will result in an offer of employment being withdrawn. Please therefore contact the HR Department if you are concerned about any of the above or feel that there is any reason that you may not pass the above checks, contact HR at HRSupport.IKBAB@ikano.se, if you have any queries.

About us

Ikano Bank creates possibilities for better living by offering simple, fair and affordable services, enabling a healthy economy for the many people. Our offer includes savings and loan products for consumers, sales support services for retailers, and leasing and factoring solutions for businesses. We conduct business in Sweden, Denmark, Finland, Norway, the UK, Poland, Germany and Austria. Ikano Bank is a part of the Ikano Group who owns 51 % of Ikano Bank. Ingka Group, the largest IKEA retailer representing about 90% of IKEA retail sales and operates IKEA sales channels under franchise agreements with Inter IKEA Systems B.V., owns the remaining 49 % of the Bank. Ikano Bank’s head office is located in Malmö, Sweden and the company is registered in Älmhult, Sweden where the business was once founded.

Find out more about us on www.ikanogroup.com