Economic Analyst Jobs - Abu Dhabi UAE
102 Jobs Found
<section><p class="heading jdMain">Job Description</p><p class="heading">Roles & Responsibilities</p><div class="paragraph"><p>The FSRA is responsible for the regulation of Financial Services activities in the ADGM.</p><p>The Supervision & Markets Department consists of the Supervision Department (Supervision) and the Markets Department (Markets). This Manager – Market Infrastructure (MI) role is within the Markets Department.</p><p>The MI Team within the Markets Department is responsible for the authorisation and supervision of all trading, clearing, settlement and listing venues within, and connecting to, ADGM. Covering Financial Instruments (across Securities and Derivatives), Virtual Assets and Spot Commodities, Markets authorises and supervises Market Infrastructures (being Recognised Investment Exchanges, Recognised Clearing Houses, Settlement Facilities, MTFs and OTFs), Remote Bodies, Remote Members, Issuers, Reporting Entities and Benchmark Providers (the ‘Markets Firms’). It is also responsible for the development of the offering, listing, trading and clearing regimes that are benchmarked to global international regulatory standards. </p><p>The Manager (MI) is responsible, in close liaison with the Senior Manager(s) and Director MI, as may be applicable, for the day to day authorisation and supervision of Markets Firms, with a particular focus on AML-related supervision of Recognised Investment Exchanges, Recognised Clearing Houses and Custodians.</p><p>The Manager (MI) is expected to contribute to the implementation as well as development and enhancement of AML-related processes and practices, particularly in relation to Virtual Asset activities. The Manager (MI) will be expected to be a key member of the wider Markets Department, particularly as a SME for AML-related matters. </p><p>The Role reports into the Senior Manager (MI) and works closely with other colleagues within the Markets Department, across FSRA (particularly the Financial & Cyber Crime Prevention Unit (FCCPU), as well as across ADGM.</p><p>Operational responsibilities</p><ul><li><p>Responsible for AML-related licencing and supervision aspects of Markets Firms, particularly those operated by Recognised Bodies/Custodians, in close liaison with Senior Manager / Director MI and other colleagues.</p></li><li><p>Build and manage internal FSRA-AML related regulatory relationships, as well with wider market stakeholders (including Recognised Bodies / Custodians).</p></li><li><p>Support Markets Management and FCCPU in understanding, mitigating and managing AML-related risks across Markets Firms. </p></li><li><p>Monitor and manage specific Virtual Asset AML-related operational and technology risks (across KYC, KYB, COBS 17.5(c) and the Travel Rule, etc).</p></li><li><p>Provide SME Support to Senior Managers / Director MI in relation to wider supervisory engagements with Markets Firms, particularly in terms of AML-related matters.</p></li><li><p>Keep up to date to advise Markets’ senior management on changes to regional and international regulations and policy that will impact Markets’ (AML-related) supervisory functions.</p></li><li><p>Liaise with other internal stakeholders within FSRA and ADGM as appropriate.</p></li><li><p>Deliver additional tasks, or carry out any other duties, that may be delegated from the Senior Manager, MI Director or above.</p></li><li><p>Participate and deliver on projects that may be allocated thereto.</p></li><li><p>Adherence to all internal policies, rules and behaviours</p></li></ul><p><em>Organisational responsibilities </em></p><ul><li><p>Assist in the development and administration of rules, policies and procedures and supervisory processes for the regulation of AML-related matters as they impact on Markets Firms, governing the initial recognition/ authorisation and ongoing supervision thereof.</p></li><li><p>Continuously improve Markets practices to ensure that ADGM takes a leading role in market infrastructure and related capital market developments. </p></li><li><p>Assist, develop and manage (as required) Markets Firm thematic reviews, adding SME input pertaining to AML-related matters.</p></li></ul><p>Information Security related<em> </em></p><ul><li><p>Understand, adopt, adhere and practice responsibilities or controls as per ADGM Information Security policy and as per best practices explained in the induction and awareness sessions. </p></li><li><p>Confidentiality, Integrity and availability of the ADGM Information shall be maintained at all times i.e. within as well as outside ADGM. </p></li></ul></div></section><section><p class="heading">Desired Candidate Profile</p><p class="paragraph"></p><ul><li><p>Minimum Bachelor’s Degree.</p></li><li><p>Professionally qualified in one of the following disciplines; Law, Finance, Banking, Accounting, Economics, or related disciplines.</p></li></ul><p><strong>Work Experience: </strong></p><ul><li><p>Minimum 8-10 years of experience in the same field.</p></li><li><p>Comprehensive understanding of AML-related matters, specifically in relation to Markets Firms</p></li><li><p>Comprehensive understanding of AML-related matters, specifically in relation to Virtual Asset activities.</p></li><li><p>Comprehensive understanding of Virtual Asset Markets, including the use of onboarding, KYC, VA Wallet tracing systems and tools.</p></li><li><p>Expert Knowledge of FSRAs AML Rulebook and UAE Federal Requirements</p></li><li><p>Strong internal and external stakeholder management skills.</p></li><li><p>Fluent in business English.</p></li></ul><p><strong>Desirable:</strong></p><ul><li><p>Experience in supervising AML-related activities.</p></li><li><p>Experience in dealing with international regulatory bodies.</p></li><li><p>Proficient in Arabic or other language(s) and understanding of the Arabic culture.</p></li></ul><p></p></section>
<p><strong>Financial Models</strong></p><ul><li><p>Working independently with the operation teams develop, deliver, and implement financial models and financial modelling tools for project financing, corporate financing, and other projects.</p></li><li><p>Responsible for ensuring the availability and adequacy of data used in the models is of sufficient quality (acceptable by the banks) by establishing procedures for collecting information and building appropriate checks and controls.</p></li><li><p>Responsible for providing good quality, timely, and easy-to-understand financial advice to operational teams in a way that non-specialists can readily understand.</p></li><li><p>Update financial models on a periodic basis to keep up-to-date results available.</p></li><li><p>Implement scenarios and present them to management for decision-making.</p></li></ul><p><strong>Project Financing Coordination and Project Costing</strong></p><ul><li><p>Coordinate the due diligence process of projects, liaising with financial and technical advisors to update the financing model.</p></li><li><p>Support and work with project technical teams/managers who lead strategic planning, business analysis, and other internal consulting projects that drive high-impact improvements and profitable growth.</p></li><li><p>Participate in the analysis of actual results, drawing conclusions by working closely with the project team, EGA business research team, and line manager to establish robust business cases.</p></li></ul><p><strong>Presentations and Reporting</strong></p><ul><li><p>Develop strategic presentations, proposals, and analyses for both internal and external audiences as requested by management.</p></li><li><p>Prepare, gather, and synthesize information to assist in monitoring, tracking, and refining initiatives in coordination with relevant business areas.</p></li></ul><p><strong>Lenders’ Requirements</strong></p><ul><li><p>Provide the necessary financial information as required by lenders, including periodic covenant computation as required by management and lenders.</p></li></ul><p><strong>Support Project Management / Strategic Initiatives Execution</strong></p><ul><li><p>Proactively provide special project support and perform other job-related duties by updating and maintaining relevant analyses and presentations.</p></li><li><p>Work closely with the EGA business analysis function to ensure alignment of long-term financial requirements and performance.</p></li></ul><p><strong>Relationship Management</strong></p><ul><li><p>Develop and maintain effective business relationships with potential customers, multi-user infrastructure co-users, commercial and financial institutions, consultants, process owners, and all relevant internal and external stakeholders while maintaining the highest standards of business ethics.</p></li></ul><p><strong>Policies, Processes & Procedures</strong></p><ul><li><p>Prepare financial model user guides and a terms dictionary to allow easy access to models and ensure they are readily understood by non-specialists.</p></li></ul><p><strong>Authority / Decision Making</strong></p><ul><li><p>Think within established policies, procedures, standards, and precedents while representing Finance at a senior level on project teams.</p></li></ul><p><strong>Desired Candidate Profile</strong></p><ul><li><p>Bachelor’s degree in Economics, Finance, Accounting or equivalent</p></li><li><p>Post graduate management qualification (ie ACA, ACCA, ACMA, CFA).</p></li></ul><p><strong>Minimum Experience:</strong></p><ul><li><p>5-8 years of experience in financial modelling and dealing with financing activities in a reputable organization;</p></li><li><p>An in-depth understanding of financial modelling and a working knowledge of accountancy</p></li><li><p>Knowledge of work flow/process mapping & of industry best practices;</p></li></ul><p>Skills:</p><ul><li><p>Ability to analysis complex information including numerical analysis, present key conclusions and withstand challenge from internal and external audiences</p></li><li><p>Ability to use a number of financial modelling software packages</p></li><li><p>Strong problem solving skills</p></li><li><p>Delivering high quality decisions to a demanding schedule</p></li><li><p>Excellent attention to detail</p></li><li><p>Ability to work and collaborate with a number of multi-disciplinary projects or teams</p></li><li><p>Ability to deal with people at all levels and join up thinking strategically</p></li><li><p>Ability to communicate complex issues, written and verbal, to non-specialists</p></li><li><p>Self-motivated and able to manage own workload</p></li><li><p>Working with a high degree of autonomy A thorough understanding of the importance of data integrity</p></li><li><p>Excellent communications and inter-personal relations skills</p></li><li><p>Ability to work independently and with others at all levels with the organization.</p></li></ul>