Job Overview:
The Assistant Manager Product Control is part of the Global Markets & Treasury Business Finance team responsible for providing insightful Finance support to the Segment/ Product Heads in GMT business in key tactical and strategic decision making. The job holder will support the Segments/ Products business teams to provide analytics and support decision making and ensuring that Group financial policies and control framework are consistently applied across the segments/ products in GMT business units.
Key Responsibilities:
- Review of front office desk profit and loss reports
- Provide commentary for the P & L and substantiate the P & L to Front Office
- Test effectiveness of hedges and maintain documentation
- 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
- Review the Market Conformity reports and ensure escalation to appropriate level.
- Review and analyze key market / operational risks
- Ensure all investments are valued using independent pricing source and a sound rationale is used for valuing unlisted or thinly traded investments.
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
- Needs to be based in the UAE
- Knowledge of Treasury products & transactions and have knowledge of relevant banking regulations.
- Commercial acumen, an enquiring mind and an understanding of the market and financial dynamics would be a distinct advantage
There’s never been a better time to join Emirates NBD.
We’re one of the region’s most recognizable brands. We’re banking innovation leaders. We’re growing across both the UAE and our global offices. We offer a huge range of professional development opportunities to accelerate your career. It also goes without saying that we provide extremely competitive rewards, benefits and perks too, like our flexible work policy so you can work from home whenever it suits. At ENBD, we encourage interested candidates to review the key responsibilities and qualifications for each role and apply for positions that match their skills and capabilities.