Emirates NBD is a market leader across the MENAT (Middle East, North Africa and Türkiye) region with a presence in 13 countries, serving over 20 million customers. The Emirates NBD Group has a total of 853 branches and 4,213 ATMs / SDMs. Emirates NBD is the leading financial services brand in the UAE with a Brand value of USD 3.89 billion. At the bank, we serve our customers and help them realise their financial objectives through a range of banking products and services including retail banking, corporate & institutional banking, Islamic banking, investment banking, private banking, asset management, global markets and treasury, and brokerage operations. We are a key participant in the global digital banking industry, with 97% of all financial transactions and requests conducted outside of our branches.
This role is part of the Global Markets & Treasury Business Finance team in H.O. You will be responsible for providing full range of product control services to the division .

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

• Review of front office desk profit and loss reports
• Test effectiveness of hedges and maintain documentation
• Hedge accounting & Financial reporting
• Ensure that hedge accounting is performed in line with IFRS 9
• Provide Business Requirement Document for new system implementation and upgrades to existing systems
• Monthly, Quarterly, Semi-annual & Annual commentaries & Analytics on Treasury B/s movements, market drivers & business activities.
• Ensure all investments are valued using independent pricing source and a sound rationale is used for valuing unlisted or thinly traded investments

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

• University Degree or a qualified accountant
• (ACCA, CFA, CIMA, ACA) preferable
• Between 3 - 5 years of post-qualification experience in the Finance function of a large bank with exposure to understanding of Treasury products and its lifecycle, Hedge accounting and IFRS 9 reporting.
• GCCBanking & Financial Services