Financial Analyst - (Outsourced)

Job description / Role

Job Purpose:

Role holders at this level are responsible for carrying out critical evaluation of Financial Statements/ Cash Flow Statements/ Feasibility Studies etc. through the application of well-developed investigative and analytical abilities. Their findings will form the basis of credit proposals that initiate the decision-making process.

Principals Accountabilities:

- Receives Financial Statements/ Cash Flow Statements/ Feasibility Studies etc. under Commercial B/ Business & Personal Segments for evaluation and analytical comments.
- Prepares the Financial Spread in MRA along with comments on financial performance/ position
- Maintains proper records for receipt, analysis& disposal of financial statements/ JETS for monitoring reports, internal/ external requirements
- Addresses the gaps on the information in Financial Statements/ Comparative & Trend analysis etc.
- Generates Rating in MRA according to the parameters set by the Business unit in the AFI Sheet.
- Archiving the Rating generated according to the AFI Sheet and Overriding the Rating according to the approvals received from the Credit Appraisal
- Forwards the Financial Spread, Ratio Report and Rating along with comments/ required clarifications to the business originators to be replied/ responded
- Addresses further queries/ requirements if any required by the Team Leaders / Unit Head for decision making or initiation of the decision process.

Requirements

Qualifications:

- Masters Degree in a Commerce discipline.

Experience:

- 4/5 year's finance experience with 2 years in general banking and 2/3 years in the Credit function

Skills:

- Written and spoken English - Arabic preferable
- Good Analytical/ Report writing skills
- Computer literate with strong working knowledge of business software applications, particularly spreadsheets

About the Company

In 1969, when we at Commercial Bank of Dubai started out little did we know that sheer grit and determination would get us where we are today. An Emiri Decree issued by His Highness the Late Sheikh Rashid Bin Saeed Al Maktoum, the founder of modern Dubai, laid the cornerstone of Commercial Bank of Dubai. We started out as a joint venture of Commerzbank, Chase Manhattan Bank and Commercial Bank of Kuwait. A minority stake was held by a few UAE businessmen.

By 1982, little more than a decade later, we evolved into a National Public Shareholding company. A feat complimented by an exponential increase in the capital base and mammoth restructuring of our operations. The feather in the cap came when the Government of Dubai became a key shareholder.

Over the decades, we have transformed ourselves into a progressive and modern banking institution. We are supported by a sturdy financial base and reigned by a strong and stable management. The proof of which lies with our customers who have stood by us over the years.