Assistant Manager Treasury Business Performance

Job description / Role

Job description

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 a 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 balance sheet movements, market drivers & business activities
• Ensure all investments are valued using independent pricing sources 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
• GCC banking & financial services experience

What we offer you:

• Competitive salary package
• Market-leading incentives
• Strong emphasis on work-life balance and wellbeing across the bank
• Preferential banking facilities for employees
• Generous annual leave entitlement and private healthcare
• World-class learning & development platform and career development