Manager - Product Control

at  Emirates NBD

This role is part of the Global Markets & Treasury Business Finance team in H.O. You will be responsible for leading a team and providing full range of product control services to the division .

ON A DAY-TO-DAY BASIS YOU WILL BE RESPONSIBLE FOR:

• Stakeholder management – this involves developing / maintaining strong relationship with Global Markets & Treasury, Market / Credit Risk, Finance functions (BA, FR, Reg, Tax, other Business Finance streams), IT, Audit and Operations with objective of facilitating business support for the GMT division.
• Maintenance of control / compliance framework – continuously enhancing control framework, ensuring compliance with IFRS, Regulatory, Internal Bank policies
• Organization and further enhancement / optimization of product control activities such as: Daily desk level reporting, enhancing commentaries with market drivers, risk / PL attribution process, price testing activities, market conformity checks, stop loss limits, flash to actual PL analysis, resolving desk queries, IFRS 9 business model compliance checks, accounting classification checks, hedge accounting / effectiveness assessment processes, valuation adjustments, curve construction reviews, trade booking workflows, pre-trade rules in Calypso.
• Automation activities – review existing reporting landscape and formulate automation program, levering off existing IT solutions (MSBI, OACS etc).
• Closely working with foreign locations, to align service level to HO standards and cross train local finance functions
• Support FPA stream with provision of detailed commentaries within BS and PL, forward projection estimation and any analytics required for Business.
• Work closely with Treasury Middle Office on FX Risk transfer process, valuations from Calypso and Market data set up as these items impact reporting directly.
• Motivate and develop team to enhance both technical and soft skills.

TO BE SUCCESSFUL IN THIS ROLE, YOU WILL NEED THE FOLLOWING SKILLS AND EXPERIENCE:

Bachelors Degree with specialization in Finance / Accounting

• Between 8-10 years of post-qualification experience in the Business Finance function covering Markets and Treasury products / segment
• Should possess 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.
• Strong written and oral communication skills and ability to interact at senior management levels.
• Exposure and deep understanding of Treasury products, its lifecycle, accounting treatment, risk management and Front to Back interfaces.
• Hedge accounting and IFRS 9 reporting
• Managing and organizing team
• Market / Credit / Capital risk management exposure