The National Bank of Iraq (NBI) was founded in 1995 as a publicly traded, private sector company, offering comprehensive banking services to individuals and businesses in Iraq. As a result of NBI’s success and to fuel future growth, its capital was increased from the initial IQD 400 million to IQD 250 billion (USD 215 million) in December 2013. 

In 2005, Capital Bank Jordan acquired majority shares (61.85%) in NBI, allowing NBI to evolve its business offerings, strengthen its global footprint and promote financial inclusion across the country. 

With its extensive network of correspondent banks, Capital Bank stands as NBI’s gateway to world economies, facilitating internal and external remittances, granting lines of credit, as well as offering trade finance services. 

NBI operates a modern core banking system to support its growth and customer services. Capital Bank and its subsidiaries audit all accounts through Ernst and Young, and report financials in accordance with International Accounting Standards. 

NBI has earned a BB rating by Capital Intelligence, the international credit rating agency. It further received a ‘Good’ rating by the Central Bank of Iraq.

Today, NBI has more than 38 branches in all major cities in Iraq, and a branch in KSA. 

Administrative, Technical, and Operational Responsibilities

1. Internal Reporting

• Prepare daily financial performance reports for the bank.
• Prepare the daily foreign currency position report.
• Prepare daily branch performance reports, including loan balances, deposits, commissions, and monitoring accounts with abnormal balances.
• Prepare cash limit reports and monitor deviations from approved limits.
• Prepare daily commissions and interest reports.
• Prepare and monitor the ratio of foreign debit balances on a daily basis.
• Prepare documentary overdraft reports related to letters of credit and letters of guarantee.
• Prepare and monitor the ratio of cash credit to deposits.
• Prepare and monitor the ratio of credit facilities to net capital and reserves.
• Prepare the daily CEO Dashboard report.
• Prepare the monthly Dashboard report.
• Prepare auction participation results reports.
• Prepare reports and analyses requested by senior management.
• Prepare shareholder reports.
• Prepare COF & ROF reports.
• Prepare and maintain penalty/fine reports.
• Verify the accuracy and completeness of data used in internal reports before submission to the direct manager.
• Maintain and organize internal reports and supporting documents for easy retrieval and reference.

2. External and Regulatory Reporting

• Prepare monthly and quarterly reports required by the Central Bank of Iraq (CBI).
• Prepare monthly and quarterly financial statements and balance sheet reports in accordance with CBI templates and requirements.
• Prepare financial data and cash balance reports.
• Prepare foreign currency cash position reports.
• Prepare Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR) reports.
• Prepare liquidity reports based on maturity ladder analysis.
• Prepare data request reports, including liquidity and commission-related reports.
• Prepare legal reserve coverage reports.
• Prepare weekly cash inventory reports.
• Prepare reports related to Kurdistan Region operations and Mosul Branch data.
• Prepare trial balance reports for Southern branches.
• Prepare quarterly financial reporting packages with all required supporting schedules.
• Prepare banking portfolio reporting requirements.
• Reconcile and validate all reports received from other departments against quarterly financial statements.
• Upload quarterly data and weekly reports to the BSRS system.
• Follow up on regulatory reporting observations and outstanding requirements and report them to the direct manager.
• Ensure timely preparation and submission of all regulatory reports in accordance with applicable regulations and deadlines.

3. Coordination and Support

• Review data received from various departments and ensure its completeness and accuracy before use in reports.
• Coordinate with internal stakeholders to obtain missing information and resolve discrepancies.
• Prepare additional reports, analyses, and data as requested by the direct manager.
• Maintain the confidentiality of financial data, reports, and information related to the bank's performance.
• Perform any other duties and responsibilities assigned by the direct manager.

Bachelor's degree in Business Administration, Economics, Finance, Accounting, or a related discipline.

1-3 Years of relevant experience in banking or financial reporting