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.
This role is part of the Global Markets & Treasury Business Finance team in H.O. You will be responsible for providing full range of product control services to the division.
On a day-to-day basis you will be responsible for:
- Review of front office desk profit and loss reports
- Test effectiveness of hedges and maintain documentation
- Hedge accounting & Financial reporting
- Ensure that hedge accounting is performed in line with IFRS 9
- Provide Business Requirement Document for new system implementation and upgrades to existing systems
- Monthly, Quarterly, Semi-annual & Annual commentaries & Analytics on Treasury B/s movements, market drivers & business activities.
- Ensure all investments are valued using independent pricing source and a sound rationale is used for valuing unlisted or thinly traded investments
To be successful in this role, you will need the following skills and experience:
- University Degree or a qualified accountant
- (ACCA, CFA, CIMA, ACA) preferable
- Between 3 - 5 years of post-qualification experience in the Finance function of a large bank with exposure to understanding of Treasury products and its lifecycle, Hedge accounting and IFRS 9 reporting.
- GCC
- Banking & Financial Services
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 development
