JOB PURPOSE
- Responsible for preparation and timely submission of regulatory reports related to Mashreq UAE operations as per Central Bank guidelines and as per the required reporting frequency.
- Responsible for preparation of returns related to Mashreq Subsidiaries for CBUAE & Securities & Commodities Authority (SCA).
- Responsible for preparation of vouchers for GDL (Gross Dirham Lending) & Cash Reserve related to MB UAE and post transactions in Flexcube.
Key Result Areas
- Prepare and submit accurate regulatory reports for Mashreq subsidiaries and UAE operations in compliance with Central Bank guidelines and timelines.
- Prepare GDL and Cash Reserve returns and advise for entries for MB UAE.
- Collaborate with cross-functional teams to gather, validate, and reconcile data for reporting.
- Address data issues with relevant departments to ensure reporting accuracy.
- Monitor regulatory changes and update reporting processes accordingly.
- Drive automation and process improvements in regulatory reporting in partnership with Technology.
- Conduct compliance assessments and support audits through proper documentation
Knowledge, Skills and Experience
- Accounting or Finance graduate with 3 to 5 years’ experience in accounting or finance function of a banking or non-banking financial institution.
- Strong analytical mindset and attention to detail.
- Advanced skills in Microsoft Excel.
Responsibilities
- Prepare and submit accurate regulatory reports for Mashreq subsidiaries and UAE operations in compliance with Central Bank guidelines and timelines.
- Prepare GDL and Cash Reserve returns and advise for entries for MB UAE.
- Collaborate with cross-functional teams to gather, validate, and reconcile data for reporting.
- Address data issues with relevant departments to ensure reporting accuracy.
- Monitor regulatory changes and update reporting processes accordingly.
- Drive automation and process improvements in regulatory reporting in partnership with Technology.
- Conduct compliance assessments and support audits through proper documentation and timely responses.
Qualifications
- Accounting or Finance graduate with 3 to 5 years’ experience in accounting or finance function of a banking or non-banking financial institution.
- Strong analytical mindset and attention to detail.
- Clear and effective communication of complex regulatory concepts.
- Strong collaboration skills with ability to lead cross-functional initiatives.
- Proficient in data validation, reconciliation, and analysis.
- Advanced skills in Microsoft Excel.
