Company Description

FAB, the UAE\'s largest bank and one of the world\'s most secure financial institutions, is dedicated to creating value for its employees, customers, shareholders, and communities. Through innovation, agility, and differentiation, FAB is committed to fostering growth.

We are looking for top talent and your success is our success. Accelerate your growth as you help us reach our goals and advance your career. Be ready to make your mark a top company, in an exciting and dynamic industry.

• 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:

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 appropriateness
• Prepare SRR return and submit within the target date
• Investigate all material variances vis-\xc3\xa0-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.

Qualifications

• 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

First Abu Dhabi Bank