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Specialist - Regulatory Reporting

Abu Dhabi Commercial Bank (ADCB)

Abu Dhabi, UAE

Ref: LP452-586

Job description / Role

JOB PURPOSE:
To manage and produce accurate and timely reports, respond to Central Bank queries, seek explanations from internal stakeholders, escalate issues and manage/review/train junior employees responsible for regulatory reporting in order to ensure alignment and compliance with the UAE Central Bank reporting requirements and no issues/penalties are received.

ACCOUNTABILITIES

Report Preparation, Analysis and Review:
Prepare, analyse and review regulatory reports, liaise with internal stakeholders to explore, challenge and seek explanations for any anomalies in any element of regulatory reports to ensure reports submitted to the UAE Central Bank are a true and accurate reflection of the banks financial position and avoid any penalties.

Central Bank Reporting:
Input and submit accurate and timely regulatory reports via the Central Bank platform within the agreed timescales in order to ensure that all regulatory reports to the UAE Central Bank are submitted within the preset timelines.

Continuous Improvement/Automation:
Continuously review reporting practices and systems and identify areas for improvement/automation in order to shorten reporting timelines, improve accuracy and turnaround times.

People Management:
Manage self and team in line with ADCB’s people management policies, procedures, processes and practices to ensure adherence and to maximise own and employee contribution to business performance. Organise and supervise the activities and work of the team to ensure that targets and objectives are achieved and the business plan is delivered in line with the required policies, processes, procedures and systems.

Monitor and review the work of team member and provide necessary training to ensure they have the required knowledge and skills in order to produce regulatory reports and carry out their day-to-day role requirements

Policies, Processes, Systems and Procedures:
Implement approved departmental policies, processes and procedures, and ensure employee adherence so that work is carried out to the required standard while delivering the required standards of service to customers and stakeholders.

Customer Service:
Demonstrate Our Promise and apply the ADCB Service, Standards to deliver the bank’s required levels of service in all internal and external customer interactions.

Requirements

Minimum Experience: At least 5 years of experience in regulatory reporting.
Minimum Qualifications: Bachelor’s Degree in Finance or Accounting
Professional Qualifications: Chartered Accountant or other equivalent qualification
Knowledge and Skills: Advanced Skills in Microsoft Excel and Access

Behavioural Competencies:
• Accelerate Growth: Level 2
• Drive Performance: Level 2
• Communicate & Collaborate: Level 2
• Build Relationships: Level 2

About the Company

Founded in 1985, ADCB employs more than 4,000 staff from 62 nationalities, serving over 600,000 retail customers, and approximately 50,000 corporate and SME clients. The bank operates in 48 branches, 4 pay offices, 2 branches in India, 1 branch in Jersey and a representative office in London. By the end of March 2015, the total assets of ADCB amounted to AED 207 billion.

ADCB is a full-service commercial bank that offers a wide range of products and services including retail banking, wealth management, private banking, corporate banking, commercial banking, cash management, investment banking, corporate finance, foreign exchange, interest rate, currency derivatives, Islamic products, project finance and property management services.

ADCB is 58.08% owned by Abu Dhabi Investment Council, the investment arm of the Government of Abu Dhabi. The banks shares are traded on the Abu Dhabi Securities Exchange. By the end of March 2015, excluding treasury shares, ADCBs market capitalization was AED 34 bn .

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