Vp- Gm Business Unit Control

4 days ago


Abu Dhabi, United Arab Emirates bankfab Full time

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 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 a top company, in an exciting and dynamic industry.

**Job Purpose**:
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 assist 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 in 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**:
**Policies, Systems, Processes & Procedures**
- 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 to organization’s values and ethics at all times to support the establishment of a value drive culture within the bank.

**Continuous Improvement**
- Contribute to the identification of opportunities for continuous improvement and sustainability of systems, processes and practices considering global standards, productivity improvement and cost reduction.

**Reporting**
Assist in the preparation of timely and accurate statements and reports to meet department requirements, policies and quality standards.**Job Context**
- 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 GM Finance management.
- Comprehensive P&L analysis for the trading desks 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.
- Provide relevant support to Head of GM Business Unit Control, ensuring all business transacted is ‘compliant, safe and sustainable’
- Provide independent validation of the financials reported for the GM businesses by maintaining a robust control framework between FO and reported financials. Maintain a strong understanding of the products traded and the trading strategies within the business.
- 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, ensuring “speed to market” of new products. Delegated authority for New Activity Working Group (NAWG), for new product sign-off.
- Drive development projects to enrich financials and MI data at source systems and aligning / standardizing process across groups to have consistent reporting.
- Line of Business and Desk level commentaries with market relevance when P&L thresholds are breached.
- Enhance Sales, Segmental & Customer Profitability Reporting.
- Manage monthly forecasting process and enable forward looking view for the management to drive business based on run rates and drive timely corrective actions.
- Partner with the GM business in planning and co


  • Vp, Compliance

    5 months ago


    Abu Dhabi, United Arab Emirates Tandem Search Full time

    **Title**: VP Compliance - Global Markets & Group Treasury **Group**: Compliance **Location**: UAE **Job Type**: Full-Time **Job Summary**: Lead the local and International regulatory landscape for Global Markets and Group Treasury implementing these regulations if applicable within the UAE as best practice and future proofing. The role holder will put...


  • Abu Dhabi, United Arab Emirates ADIB - Abu Dhabi Islamic Bank Full time

    Head of Retail Business Control Unit Role **:Head of Retail Business Control Unit** Location : Abu Dhabi Role Purpose: Managing the Retail Control Unit to ensure compliance and operational Risks are identified and to ensure that proper, sufficient controls are in place across Retail activities and operations to minimize any operational risk and avoid any...

  • Restaurant Gm

    6 months ago


    Abu Dhabi, United Arab Emirates The Team Builders Full time

    Our client is a leading hospitality group based in Abu Dhabi are looking for an experienced Restaurant GM. **Key Responsibilities**: Manage and oversee the entire restaurant operation Deliver superior guest services Ensuring guest satisfaction Plan and develop guest loyalty programs Plan new and update existing menus Plan and develop the overall restaurant...

  • Otr Gm Zone Eagm

    6 months ago


    Abu Dhabi, United Arab Emirates GE HEALTHCARE Full time

    **Job Description Summary**: Reports to: GM Service & OTR international Service and OTR Operations organization plays a critical role creating and delivering value to our customers and aims at being a competitive advantage in the market to support GE HealthCare’s success in the newly formed International Region. The OTR Zone GM is an executive leadership...


  • Abu Dhabi, United Arab Emirates bankfab Full time

    Full-time - Sub Division: Compliance - Consumer & Private Banking - Division: Group Compliance **Company Description**: - Now it’s your time to join the #1 bank in the Middle East and one of the most prestigious financial companies in the region. Shaking up the world of banking requires a lot of smarts and skill. We’re looking for the brightest and...


  • Abu Dhabi, United Arab Emirates State Street Corporation Full time

    State Street Corporation Abu Dhabi, United Arab EmiratesPosted 3 hours ago Permanent Competitive - Alpha Platform Sales, VP - Across the globe, institutional investors rely on State Street to help them manage risk, respond to challenges through solutions, and drive performance and profitability. We keep our clients at the heart of everything we do, and...


  • Abu Dhabi, United Arab Emirates State Street Corporation Full time

    State Street Corporation Abu Dhabi, United Arab EmiratesPosted 1 day ago Permanent Competitive - Alpha Platform Sales, VP - Across the globe, institutional investors rely on State Street to help them manage risk, respond to challenges through solutions, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart,...


  • Abu Dhabi, United Arab Emirates PER, Private Equity Recruitment Full time

    VP, Real Estate and Infrastructure, Private Equity, Abu Dhabi, UAE **About our client** This is an exciting opportunity for an experienced VP to join the Real Estate/Infrastructure investment team of a leading global private equity firm. The position is based full-time in Abu Dhabi. **What the job involves** - Lead and execute real estate and...


  • Abu Dhabi, United Arab Emirates Northern Trust Full time

    Non-disclosed Abu Dhabi, United Arab EmiratesPosted 21 minutes ago In-Office Permanent Negotiable - The VP, Corporate Communications will oversee customer communication, social media content and internal communication for the Group Marketing & Communications function at BANK. Their role is to create, implement and oversee communications programs, be it...


  • Abu Dhabi, United Arab Emirates PER, Private Equity Recruitment Full time

    SVP/VP, Entertainment Investments, Private Equity, Abu Dhabi, UAE **About our client** We are working with a prestigious global investor based in Abu Dhabi. They are looking to bring on a VP or SVP to join their entertainment investments team. The position is focused on bringing in IPs, media rights and maximising the existing infrastructure for gaming,...

  • Finance Controller

    3 months ago


    Abu Dhabi, United Arab Emirates G42 Full time

    Overview: Role Overview: The Financial Controller will oversee the company's accounting, financial reporting, payments, receivables, treasury, and tax functions. The incumbent will ensure compliance with regulatory requirements, maintain accurate financial records, and support the company's financial health through effective financial management. The...

  • Unit Hse Manager

    6 months ago


    Abu Dhabi, United Arab Emirates Mott MacDonald Full time

    Unit HSE Manager - Middle East **Country**:United Arab Emirates**Position Location**:Abu Dhabi, United Arab Emirates**Contract Type**:Permanent**Work Pattern**:Full Time**Sector**:Corporate services**Discipline**:Health**Job Ref**:2996**Recruiter Contact**:Iustina Blidairu**About the Role** - Reporting to the Unit General Manager and Regional HSSW Manager,...

  • Financial Controller

    3 months ago


    Abu Dhabi, United Arab Emirates Marriott International, Inc Full time

    **Job Number** 24140385 **Job Category** Finance & Accounting **Location** W Abu Dhabi - Yas Island, Yas Island, Abu Dhabi, United Arab Emirates, United Arab Emirates VIEW ON MAP **Schedule** Full-Time **Located Remotely?** N **Relocation?** N **Position Type** Management **JOB SUMMARY** Functions as the property’s strategic financial business leader....

  • Document Controller

    5 months ago


    Abu Dhabi, United Arab Emirates Al Jassim Aluminium Co.LLC Full time

    Responsible for establishing and maintaining an effective document control system. Ensuring that all documentation is accurate, up to date and accurately distributed to relevant persons. Ensuring sequential numbering system in each and every outgoing correspondence Ensuring quality formats being used adequately for correspondences, submittals, transmittals...


  • Abu Dhabi, United Arab Emirates Venture search Full time

    Venture Search is partnered with a UAE based family office/conglomerate, who are hiring for a VP of Real Estate Investments. Embedded within the private markets team, this will be the most senior Real Estate specific role on the team, overseeing a team of 3. Investments are GCC focused, across Directs, Funds and Co-investments. This person will also be...


  • Abu Dhabi, United Arab Emirates State Street Corporation Full time

    State Street Corporation Abu Dhabi, United Arab EmiratesPosted 3 hours ago Permanent Competitive - Sales Lead, State Street Bank - Middle East, VP **Who we are looking for**Why this role is important to us** The team you will be joining is a part of State Street Investment Services and the Client Coverage and Sales Team. This sales position will have...


  • Abu Dhabi, United Arab Emirates Andy File Associates Ltd Full time

    **Andy File Associates Limited is working as a Recruitment Agency on behalf of our client with regards this permanent position of VP-International Business Development - Asia /Middle East** **Our client **based in Dinnington near Sheffield UK, are a small but rapidly growing technology based industrial services business that develops and provides solutions...


  • 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

  • Vp- Digital

    5 months ago


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

    **Company Description** First Abu Dhabi Bank is an inclusive environment where each person values the experiences, perspectives, ideas and beliefs of others. We’re in a unique position to learn from all our colleagues, combining international experience with deep cultural knowledge and local expertise. At FAB, you’ll have the support of your team and a...


  • Abu Dhabi, United Arab Emirates PER, Private Equity Recruitment Full time

    VP, Corporate Funding, Global Investor, Abu Dhabi, UAE **About our client** This is an exciting opportunity to join the corpoate funding team of a leading global investor, based in Abu Dhabi. The team focuses on evaluating the fund's corporate funding options and capital structure. **What the job involves** - Supporting the monitoring and reporting of key...