Manager Regulatory Reporting

3 weeks ago


dubai, United Arab Emirates Standard Chartered Bank - UAE Full time
Why Standard Chartered?Standard Chartered is a leading international banking group operating for over 150 years in Asia, Africa and the Middle East. We've built a successful and sustainable business by playing a fundamental role in economies, helping people and businesses grow and achieve their aspirations. With over 89,000 employees representing 127 nationalities, we value the diversity and unique perspectives amongst our people. We are committed to developing their strengths and enabling them to make a difference to our success by helping them fulfil their potential.Job Description- Ensure and provide support in compliance of regulatory reporting requirements.- Support in regulatory reporting governance of the Bank and regulatory compliance on finance matters both at country/ emirates level.- Ensure implementation of Group policies including operational risk, financial control and local compliance requirements for finance processes.- Provide support in Group Management/ IFRS reporting.Key Roles & Responsibilities1. Accurate and timely production and submission of- UAE Central Bank returns- Local Statutory accounts- Basel reporting- Statistical surveys reporting to individual emirates statistics department2. Provide advisory support to business and other functions on regulatory reporting compliance.3. Manage the process of regulatory audits, assessments and internal/ external audits in relation to regulatory reporting etc.4. Review PPGs for accounting treatment of new products as well as for existing product renewals in accordance with Group Accounting policies and also for regulatory reporting/ implication.5. Responsibility for monthly Financial Control System balance substantiation process.6. Ensure that Finance function is in compliance with Financial Control Policy (FCP)7. Actively contribute in Finance projects from accounting, compliance and controls aspect.8. Provi Standard Chartered Bank started in 1958 in UAE with its first branch in Sharjah. The Group's business gradually increased in Dubai with the opening of several branches and today, Dubai is the administrative hub of the Middle East and South Asia Region. In its 43rd year, the Bank enjoys the position of having the most extensive branch network among foreign international banks in UAE with 10 branches emirate-wide.Standard Chartered is an international bank, focused on the established and emerging markets of Asia, Africa, the Middle East and Latin America with an extensive global network of more than 600 offices in over 50 countries. The three principal business groups are Global Markets, Personal Banking and Corporate and Institutional Banking.In UAE, we are one of the leading banks, offering an extensive range of products and services for personal customers, local companies, multinational corporate and financial institutions.
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