About ENBD
Emirates NBD is a market leader across the MENAT (Middle East, North Africa and Türkiye) region with a presence in 13 countries, serving over 20 million customers. The Emirates NBD Group has a total of 853 branches and 4,213 ATMs / SDMs. Emirates NBD is the leading financial services brand in the UAE with a Brand value of USD 3.89 billion. At the bank, we serve our customers and help them realise their financial objectives through a range of banking products and services including retail banking, corporate & institutional banking, Islamic banking, investment banking, private banking, asset management, global markets and treasury, and brokerage operations. We are a key participant in the global digital banking industry, with 97% of all financial transactions and requests conducted outside of our branches.
The jobholder is required to assist Head of Group Regulatory Reporting & Capital in implementing Basel Final Reforms, BRF enhancements and corresponding automation of Capital and BRF. Further, also support Capital Management analysis, drive capital conservation initiatives and support M&A analysis.
On a day-to-day basis you will be responsible for:
- End to end implementation of Basel 3 final reforms across the Group.
- Facilitate comments on new regulations and perform initial impact assessment on new regulations issued by CBUAE.
- Manage the computation and submission quantitative/qualitative impact analysis from CBUAE, as and when required.
- Co-ordinate with stakeholders internal, (Group) and external (CBUAE) for seamless implementation.
- Update existing processes and controls with the implementation of new regulations.
- Manage implementation of New BRF’s introduced by CBUAE – Including technology changes (Suptech program)
- Identify opportunities to streamline capital reporting processes through automation and system enhancements.
- Support the implementation of regulatory technology solutions (e.g., Moody’s Risk Authority).
- Focus and support on reconciliation and GL control aspects.
To be successful in this role, you will need the following skills and experience:
- Chartered Accountant / CPA
- Hands on knowledge of CBUAE regulations, Basel III (Pillar 1 and Pillar 2). In-depth knowledge of Basel frameworks (Basel II, III, and IV) and local capital regulations.
- Strong analytical and quantitative skills with experience in capital modeling and RWA calculations.
- 5 to 10 years in Banking industry with relevant experience in Central Finance function with focus on regulatory reporting, financial accounting and Capital Adequacy.
- Hands on experience in managing capital adequacy, regulatory risk, Basel implementation within a multinational or large bank.
- Hands on experience in prudential reporting to Central Bank / Regulators and related compliance.
What we offer you:
- Competitive salary package
- Market-leading incentives
- Strong emphasis on work-life balance and wellbeing across the bank
- Preferential banking facilities for employees
- Generous annual leave entitlement and Private Healthcare
- World-class Learning & Development platform and career developmen