AVP- GM Business Unit Control

2 weeks ago

Abu Dhabi, Abu Dhabi, United Arab Emirates First Gulf Bank PJSC Full time
Sub Division: Finance - CCB, IB & InternationalDivision: Group FinanceCompany Description

Join the UAE's largest bank and one of the world's largest and safest financial institutions. Our focus is to create value for our employees, customers, shareholders and communities to grow through differentiation, agility and innovation.We are looking for top talent and your success is our success. Accelerate your growth as you help us reach our goals and advance your career. Be ready to make your mark at a top company, in an exciting and dynamic industry.Job Description

The Global Markets Business Finance team comprises Business Unit Control, Independent Price Verification and Central MI and Change Management teams. The team supports the Global Markets and Group Treasury businesses locally and internationally. The unit falls under the Group Finance department and reports to the CFO, CIB Finance & International.Key priorities of this role include:Providing world-class financial reporting & support services, adding value through providing professional, independent & objective financial advice which assists in the achievement of business objectives whilst complying with Group policies and standards, and external statutory obligations.Production of financial & management accounting reporting statements for the functional area of responsibility in line with Group reporting standards, whilst maintaining a robust control environment.The Business Unit Control team is responsible for accounting and financial reporting of the Global Markets & Treasury business, acting as a primary control function, and monitoring trading activity to ensure it is within a specified remit. Tasks include Profit & Loss (P&L) reporting decomposition and attribution, dealing with ad hoc management reporting queries, reconciliation and substantiation of P&L and Balance Sheet between the General Ledger (Oracle General Ledger & OneSumX) and Source (e.g. Murex). This role is focused on the day-to-day tasks related to the International Business Unit Control function, such as daily preparation and control of P&L, general ledger reconciliations and variance analysis, explanations, commentaries, and MI reporting.KEY ACCOUNTABILITIES:Follow all relevant departmental policies, processes, standard operating procedures, and instructions so that work is carried out in a controlled and consistent manner.Demonstrate compliance with the organization's values and ethics at all times to support the establishment of a value-driven culture within the bank.Contribute to the identification of opportunities for continuous improvement and sustainability of systems, processes and practices considering global standards, productivity improvement and cost reduction.Assist in the preparation of timely and accurate statements and reports to meet department requirements, policies and quality standards.Specific accountabilities:Finance business partner and trusted advisor on reporting and day-to-day support of the Global Markets business, providing prompt and effective support to the Global Markets Front Office, Market Risk, Group Treasury, Group Financial Planning & Analysis, Group Financial Reporting and Product Control management.Comprehensive P&L analysis including detailed analysis and interpretation of daily results, variances, risk positions, realized and unrealized P&L components, revaluation curve movements with P&L attribution, new deals, cancelled and amended trades and price/rate validation.Key liaison for sales reporting playing a vital role between GM Products and Sales, which includes segmental & coverage-based reporting.Key business finance contact for all Global Markets Front Office related queries, leading discussions, as appropriate, with Front Office to ensure P&L analysis is agreed.Provide relevant support to VP, Business Control Unit, ensuring all business transacted is 'compliant, safe and sustainable'.Compilation of all daily revenue reporting for the business, ensuring the accuracy and integrity of source system interfaces into the General Ledger.Provide independent validation of the financials reported for the GM businesses by maintaining a robust control framework between FO and reported financials.Participating in budget discussions and analyzing various approaches methods to conceptualize budget for the year for the desk under controller's review.Managing the day to day and month-end controls of P&L and Balance Sheet reconciliation, substantiation and reporting for GM.Support of new business requests, ensuring they are controlled through the existing or new system architecture, providing responsive support to front office.Manage projects driven by new regulatory requirements in local and international locations.Ensure compliance and control of specific accounting processes and practices for proposed new product initiatives or product variations.Qualifications:Qualified Professional (ACA / CFA / MBA in Finance) preferred or 3-5 years' experience in a Product Control Function.Experience in developing Financial and other MI reporting, automating processes.Technical knowledge in Pricing and Accounting Financial products - Fixed Income, MM, FX, IR, Com, Equities & Derivatives (Vanilla & Complex).Strong understanding of Global Markets and Investment Banking products, with related Technical and Accounting treatments.Strong financial maths (zero, par, and forward / forward curves).Working knowledge and experience in Murex, SumX, PowerBI, T24 systems is an advantage.#J-18808-Ljbffr

  • AVP- GM Business Unit Control

    2 weeks ago

    Abu Dhabi, Abu Dhabi, United Arab Emirates First Abu Dhabi Bank FAB Full time

    The Global Markets Business Finance team comprises Business Unit Control, Independent Price Verification and Central MI and Change Management teams. The team supports the Global Markets and Group Treasury businesses locally and internationally. The unit falls under the Group Finance department and reports to the CFO, CIB Finance & International.Key...

  • AVP- GM Business Unit Control

    2 weeks ago

    Abu Dhabi, Abu Dhabi, United Arab Emirates First Abu Dhabi Bank (FAB) Full time

    Sub Division: Finance - CCB, IB & International Division: Group Finance Company Description Join the UAE's largest bank and one of the world's largest and safest financial institutions. Our focus is to create value for our employees, customers, shareholders, and communities to grow through differentiation, agility, and innovation. We are looking for top...

  • AVP- GM Business Unit Control

    3 weeks ago

    Abu Dhabi, Abu Dhabi, United Arab Emirates First Abu Dhabi Bank Full time

    The Global Markets Business Finance teamcomprises Business Unit Control Independent Price Verification andCentral MI and Change Management teams. The team supports theGlobal Markets and Group Treasury businesses locally andinternationally. The unit falls under the Group Finance departmentand reports to the CFO CIB Finance &International.Key priorities of...

  • AVP- GM Business Unit Control

    4 days ago

    Abu Dhabi, Abu Dhabi, United Arab Emirates First Abu Dhabi Bank Full time

    The Global Markets Business Finance teamcomprises Business Unit Control Independent Price Verification andCentral MI and Change Management teams. The team supports theGlobal Markets and Group Treasury businesses locally andinternationally. The unit falls under the Group Finance departmentand reports to the CFO CIB Finance &International.Key priorities of...

  • VP- GM Business Unit Control

    2 weeks ago

    Abu Dhabi, Abu Dhabi, United Arab Emirates First Gulf Bank PJSC Full time

    Sub Division: Finance - CCB, IB & InternationalDivision: Group FinanceCompany DescriptionJoin the UAE's largest bank and one of the world's largest and safest financial institutions. Our focus is to create value for our employees, customers, shareholders and communities to grow through differentiation, agility and innovation.We are looking for top talent and...

  • VP- GM Business Unit Control

    3 weeks ago

    Abu Dhabi, Abu Dhabi, United Arab Emirates First Abu Dhabi Bank Full time

    JobPurpose:The Global MarketsBusiness Finance team comprises Business Unit Control IndependentPrice Verification and Central MI and Change Management teams. Theteam supports the Global Markets and Group Treasury businesseslocally and internationally. The unit falls under the Group Financedepartment and reports to the CFO CIB Finance &International.Key...

  • VP- GM Business Unit Control

    4 days ago

    Abu Dhabi, Abu Dhabi, United Arab Emirates First Abu Dhabi Bank Full time

    JobPurpose:The Global MarketsBusiness Finance team comprises Business Unit Control IndependentPrice Verification and Central MI and Change Management teams. Theteam supports the Global Markets and Group Treasury businesseslocally and internationally. The unit falls under the Group Financedepartment and reports to the CFO CIB Finance &International.Key...

  • AVP- Business Unit Control

    4 days ago

    Abu Dhabi, Abu Dhabi, United Arab Emirates First Abu Dhabi Bank Full time

    The Global Markets Business Finance teamcomprises Business Unit Control Independent Price Verification andCentral MI and Change Management teams. The team supports theGlobal Markets and Group Treasury businesses locally andinternationally. The unit falls under the Group Finance departmentand reports to the CFO CIB Finance &International.Key priorities ofthis...

  • Business Unit Controller

    3 weeks ago

    Abu Dhabi, Abu Dhabi, United Arab Emirates Sundus Full time

    Job location : AbuDhabiIndustry :BankingContract duration : 1YearExperience required : 5 - 7 years ofrelevant work experience as an AVP in a reputed bank in theUAE.Education : Bachelor'sdegree Key Skills Business Office Employment Type : Full Time Department / Functional Area: Administration Experience: 0 Years - 7 Years years Gender: Male Vacancy: 1 ...

  • GM Business Unit

    3 weeks ago

    Abu Dhabi, Abu Dhabi, United Arab Emirates Okoul Full time

    Roles & ResponsibilitiesP&LReportingProduction of daily and periodic reporting and managementinformation for Global MarketsMonitor and ensure that the P&Lis approved by the respective desk on a daily basisContinuallyreview the MI the unit is producing for correctness, accuracy,automation and efficiencyDevelop and implement P&L Attributionprocess, including...

  • AVP- HR Business Partner

    2 weeks ago

    Abu Dhabi, Abu Dhabi, United Arab Emirates First Gulf Bank PJSC Full time

    AVP- HR Business Partner (Emiratized Role)Full-timeSub Division: Group HR Business PartneringDivision: Group Human ResourcesJoin the UAE's largest bank and one of the world's largest and safest financial institutions. Our focus is to create value for our employees, customers, shareholders, and communities to grow through differentiation, agility, and...

  • AVP Fraud Prevention and Compliance Specialist

    17 hours ago

    Abu Dhabi, Abu Dhabi, United Arab Emirates FAB Islamic Full time

    AVP Fraud Prevention and Compliance SpecialistRole Overview:The AVP Fraud Prevention and Compliance Specialist will play a key role in identifying and mitigating fraud risks across our operations in the UAE. This includes managing and controlling teams associated with investigation of various types of fraud.Main Accountabilities:Lead the investigation of...

  • Executive Director- GM Sales

    2 weeks ago

    Abu Dhabi, Abu Dhabi, United Arab Emirates First Gulf Bank PJSC Full time

    Join the UAE's largest bank and one of the world's largest and safest financial institutions. Our focus is to create value for our employees, customers, shareholders and communities to grow through differentiation, agility and innovation. We are looking for top talent and your success is our success. Accelerate your growth as you help us reach our goals and...

  • AVP- Business Finance

    2 weeks ago

    Abu Dhabi, Abu Dhabi, United Arab Emirates First Gulf Bank PJSC Full time

    AVP- Business Finance - Global Transaction Banking - (Emiratised Role) Full-time Sub Division: Finance - CCB, IB & International Division: Group Finance Join the UAE's largest bank and one of the world's largest and safest financial institutions. Our focus is to create value for our employees, customers, shareholders and communities to grow through...

  • AVP- HR Business Partner

    2 weeks ago

    Abu Dhabi, Abu Dhabi, United Arab Emirates First Gulf Bank PJSC Full time

    AVP- HR Business Partner (Emiratised Role) Full-time Sub Division: Group HR Business Partnering Division: Group Human Resources Join the UAE's largest bank and one of the world's largest and safest financial institutions. Our focus is to create value for our employees, customers, shareholders, and communities to grow through differentiation, agility, and...

  • AVP- HR Business Partner

    2 weeks ago

    Abu Dhabi, Abu Dhabi, United Arab Emirates First Gulf Bank PJSC Full time

    AVP- HR Business Partner (Emiratized Role) Full-time Sub Division: Group HR Business Partnering Division: Group Human Resources Join the UAE's largest bank and one of the world's largest and safest financial institutions. Our focus is to create value for our employees, customers, shareholders, and communities to grow through differentiation, agility, and...

  • AVP & Audit Manager- Operations & Support Functions (Emiratized Role)

    2 weeks ago

    Abu Dhabi, Abu Dhabi, United Arab Emirates First Abu Dhabi Bank Full time

    AVP & Audit Manager- Operations & Support Functions (Emiratized Role)Full-timeSub Division: Audit - CBG, Operations & Support FunctionsDivision: Group Internal AuditFAB, the UAE's largest bank and one of the world's most secure financial institutions, is dedicated to creating value for its employees, customers, shareholders, and communities. Through...

  • AVP & Lead-Credit Risk Management

    3 days ago

    Abu Dhabi, Abu Dhabi, United Arab Emirates First Abu Dhabi Bank Full time

    **Role Overview**This position is an exciting opportunity to join our dynamic team as AVP & Lead-Credit Management. You will play a key role in shaping our credit risk management strategy and ensuring the successful delivery of credit facilities to our corporate clients.Responsibilities:Prepare and review credit applications, conducting thorough analysis and...

  • Executive Director- GM Sales

    2 weeks ago

    Abu Dhabi, Abu Dhabi, United Arab Emirates First Abu Dhabi Bank (FAB) Full time

    Join the UAE's largest bank and one of the world's largest and safest financial institutions. Our focus is to create value for our employees, customers, shareholders and communities to grow through differentiation, agility and innovation. We are looking for top talent and your success is our success. Accelerate your growth as you help us reach our goals and...

  • AVP & Audit Manager- Operations & Support Functions (Emiratized Role)

    2 weeks ago

    Abu Dhabi, Abu Dhabi, United Arab Emirates First Abu Dhabi Bank PJSC Full time

    AVP & Audit Manager- Operations & Support Functions (Emiratized Role)Full-timeSub Division: Audit - CBG, Operations & Support FunctionsDivision: Group Internal AuditFAB, the UAE's largest bank and one of the world's most secure financial institutions, is dedicated to creating value for its employees, customers, shareholders, and communities. Through...