Assistant Manager Regulatory Reporting - Emiratization

Our client is a prominent and large financial institution based in the UAE. They are seeking a highly skilled professional to join the team as Assistant Manager Regulatory Reporting.

Job Purpose

• Responsible for preparation and timely submission of regulatory reports related to the entity's UAE operations as per Central Bank guidelines and as per the required reporting frequency.
• Responsible for preparation of returns related to the entity's subsidiaries for CBUAE & Securities & Commodities Authority (SCA).
• Responsible for preparation of vouchers for GDL (Gross Dirham Lending) & Cash Reserve related to the client's UAE operations and post transactions in Flexcube.

Key Result Areas

• Prepare and submit accurate regulatory reports for the subsidiaries and UAE operations in compliance with Central Bank guidelines and timelines.
• Prepare GDL and Cash Reserve returns and advise for entries for UAE operations.
• 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.

Knowledge, Skills & Experience

• Accounting or Finance graduate.
• 3 to 5 years of experience in accounting or finance function of a 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.