Are you a highly ambitious Emirati with 3+ years of banking experience, looking to accelerate your path to leadership?

Join our Future leaders program – a role-based development journey, with a chance to progress to a senior leadership role with the UAE’s leading bank. 

JOB PURPOSE:

•     Preparation, consolidation, and timely submission of returns/reports to regulatory authority and management.    

•     Automation of regulatory reports.

•     Collating information required for regulatory reporting.    

•     Assist in completing special projects requested by Head of RR/SVP & Head of Group FR.

•     Responsible for preparation of various reports required for internal & external.

KEY ACCOUNTABILITIES:

This section shall not be customised to reflect accountabilities which may be unique to one role. Please use Section 5 to capture any accountabilities specific to the role which are over and above those mentioned in this section.

Central Bank Reporting

·        Prepare Weekly, Biweekly, Monthly, Quarterly, Half-yearly and Yearly UAE Central Bank returns and submit within the target date.

·        Consolidating returns of all operational divisional to obtain UAE / Global returns.

·        Ensure Gross return integrity in compliance with prevailing UAE Central Bank directives.

·        Reconcile return with the banks General Ledger.

·        Review data parameters for completeness and proper 

·        Prepare CRR return and submit within the target date

·        Investigate all material variances vis-à-vis previous month's returns to ensure numbers make sense and pro-actively prepare for queries by regulatory authorities.

·        Prepare Large Deposits Report

·        Prepare Gross Lending Report

Other Reporting

·        Prepare Group Large Deposits reports for external auditors on quarterly basis

·        Prepare Annual Central Bank 445 reports.

Others

·        Automation/streamlining/enhancing of various Central Bank reports/other regulatory reporting requirements.

·        Analysis of information resourcing, process set up and design testing of new Central Bank returns as and when introduced as per CBUAE timelines

·        Analyse impact of Bank projects, new products, new entities on Regulatory Reporting and applying the necessary steps with proper planning with the systems support /other teams.  

·        Liaise with Auditors during examination and prepare of reports/forms to be submitted.

·        Support Regulatory team with the controls, risk assessment reports and policies & SOP updates.

FRAMEWORKS, BOUNDARIES, & DECISION MAKING AUTHORITY:

·        Functions within the framework and boundaries of Group policies as well as overall organisational and governance frameworks.

·        Authorised to take decisions as per the approved authorisation matrix.

·        Group Level Role

QUALIFICATIONS & EXPERIENCE:

Minimum Qualifications

·        University Degree in Business Administration/Finance/Accounting/Economics

·        Knowledge of banking products such as loans, letters of credit derivatives etc.

·        Understanding of accounting principles and strong data reconciliation and data analysis skills

·        Computer literacy & Communication skills

Minimum Experience

·        Minimum 3 years banking experience in regulatory reporting