Assistant Manager - Product Control - Emirates NBD
Posted on :
22-05-2024
Employer Active
1 Vacancy
The job posting is outdated and position may be filled
Job Alert
You will be updated with latest job alerts via emailValid email field required
Send jobs
Share
Send me jobs like this
Job Alert
You will be updated with latest job alerts via emailValid email field required
Send jobs
Job Description
Job Purpose:
- The job holder is part of the Global Markets & Treasury Business Finance team responsible for providing insightful Finance support to the Segment/ Product Heads in GMT business in key tactical and strategic decision making. The job holder will support the Segments/ Products business teams to provide analytics and support decision making and ensuring that Group financial policies and control framework are consistently applied across the segments/ products in GMT business units.
Duties and responsibilities:
- Review of front office desk profit and loss reports
- Provide commentary for the P & L and substantiate the P & L to Front Office
- Understand Business requirements and delivering expectations
- Test effectiveness of hedges and maintain documentation
- Hedge accounting & Financial reporting
- Ensure that hedge accounting is performed in line with IFRS 9
- Provide Business Requirement Document for new system implementation and upgrades to existing systems.
- Perform User Acceptance Testing for projects.
- Monthly Quarterly Semiannual & Annual commentaries & Analytics on Treasury B/s movements market drivers & business activities.
- Review the Market Conformity reports and ensure escalation to appropriate level.
- Review and analyze key market / operational risks
- Assess whether existing control procedures are sufficient to mitigate risks to an acceptable level
- Introduce new controls to enhance control environment
- Automation projects to eliminate operational risk
- Periodic deep dive sessions with business focusing:
- Performance assessment related MI
- New initiatives / projects
- Periodic Business performance reviews
- Provide independent valuation and analysis
- Ensure all investments are valued using independent pricing source and a sound rationale is used for valuing unlisted or thinly traded investments.
- Review the portfolio marking vs IFRS requirements.
Qualifications:
- University Degree or a qualified accountant
- (ACCA CFA CIMA ACA) preferable
Experience knowledge and skills:
- Between 3 5 years of postqualification experience in the Finance function of a large bank with exposure to understanding of Treasury products and its lifecycle Hedge accounting and IFRS 9 reporting.
- GCC
- Banking & Financial Services
- Should possess knowledge of Treasury products & transactions and have knowledge of relevant banking regulations.
- Commercial acumen an enquiring mind and an understanding of the market and financial dynamics would be a distinct advantage.
- Strong written and oral communication skills and ability to interact at senior management levels.
More jobs on
Employment Type
Full Time
Key Skills
Report This Job
Disclaimer: Drjobs.ae is only a platform that connects job seekers and employers. Applicants are advised to conduct their own independent research into the credentials of the prospective employer.We always make certain that our clients do not endorse any request for money payments, thus we advise against sharing any personal or bank-related information with any third party. If you suspect fraud or malpractice, please contact us via contact us page.
