Contribute to the overall success of the organisation by effectively managing all prudential risks, ensuring the effective regulatory reporting of the Group (comprising the Bank and its subsidiaries) including Basel reporting and the implementation of related directives.

To identify, assess, monitor and analyse the Bank-wide risks of strategic importance, being Capital, Liquidity, and Market (Interest Rate) risk, and specifically the reporting of those risks. Responsible for first line of defence risk management associated with those risks.

Clear communication of prudential risk positions internally, provide timely insights and effective management across the Bank.

Ensuring the Bank has a forward-looking compliance program with respect to Basel capital guidelines and best practice management of prudential risks.
In addition, the role is expected to be engaged in the development and financial viability of new opportunities, and in support of Islamic Banking.

Key Accountabilities

Participate in the \xe2\x80\x9cInternal Capital Adequacy Assessment Process (ICAAP)\xe2\x80\x9d report, with responsibility for the prudential risk, which is submitted to Central Bank of UAE on an annual basis after getting the same approved by the Board of Directors through Risk Committee & Board Risk Committee.
Ownership of all prudential reporting, including CBRB and AECB, ensuring the accuracy and completeness of the positions, and subsequent management of the positions.
Compute and analyse the Pillar II/III Capital Adequacy Ratio on monthly basis, reporting internally in addition to external requirements.
Development of economic capital calculation and assist management in the capital planning and allocation process
Preparation of Basel capital adequacy returns and other regulatory returns for submission to Central Bank.
Design, develop and implement the \xe2\x80\x9cInternal Liquidity Adequacy Assessment Process (ILAAP)\xe2\x80\x9d
Oversight of the Regulatory Reporting (CBUAE BRF Reporting)
- Assist and liaise with the External, Internal and Central Bank Auditors.
- Assist and liaise with Risk and Credit departments for effective planning and execution.

Other Accountabilities

- Facilitate and assist the Chief Financial Officer (CFO) in Board, Risk & Audit Committee presentations and provide advice to support the decision making process.
- Oversight and review of bank level performance and results and key governance ratios for management information and decision making ensuring accuracy, completeness and effectiveness.
Responsible for the evaluation and implementation of new regulatory requirements and implications for the Bank.
Continuously enhance Basel regulations across the bank for retail and wholesale businesses and ensure compliance with all regulatory requirements and standards.
Facilitation in the external ratings process of the Bank pertinent to the International Rating Agencies, demonstrating clear consistency with regulatory reporting.
Develop, implement and ensure compliance with policies and procedures manuals and ensuring the accuracy and integrity of regulatory information with enhanced analysis.
Oversight of the ownership framework and involvement in the periodic reviews.
Facilitate with the feasibility studies and review of projections and testing of new products

Other Accountabilities

Act as a lead for new initiatives and projects.
Facilitate in any new project and launch of a new line of business.

People Management and Leadership
Manage HR issues within the team and develop strong and capable leaders, thereby ensuring succession.
Growth and development of staff through ongoing mentoring and coaching.
Follow a fair and time bound performance management process.

Job Context

In addition, the role is expected to be engaged in the development and financial viability of new opportunities and in support of Islamic Banking . Oversight of the Islamic Banking - specifically regulatory reporting.

Education

Graduate / Post Graduate in Finance

Experience and Skills

Professional Qualifications:
Qualified Chartered Accountant - CA/ACMA/CPA/CFA/ACCA and MBA is an added advantage.

Work Experience:
Minimum 8-12 years post qualification experience. Experience to include financial and regulatory reporting requirements in the banking industry, and explicitly working on ICAAPs, ILAAPs, SWDPs and Pillar 3 reports.

Personal Attributes:
\xef\x82\xa7 Strategic thinking and analytical skills
\xef\x82\xa7 Good communication and presentation skills
\xef\x82\xa7 Effective decision making and problem solver
\xef\x82\xa7 Able to delegate work under pressure

Technical Competencies

Asset Liability Management and Market Intelligence- Finance- Advanced

Corporate Governance and Investor Relations-Finance-Advanced

Cost and Vendor Management Control- Finance-Proficient

Data Governance and Business Intelligence (BI)- Finance- Proficient

Financial Analysis and Performance Management- Finance- Advanced

Financial Control and Accounting- Finance- Expert

Financial, Regulatory Reporting and Compliance- Finance- Expert

Strategic Planning and Budgeting- Finance- Proficient

Behavioural Competencies

Change and Innovation - Expert

Communication - Expert

Delivering Value - Expert

Empowering and developing self and others - Expert

Evaluating and Solving Challenges - Expert

Vision and Strategy - Expert

Working and collaborating with others - Expert

Results Orientation - Expert

National Bank of Fujairah