Job Role : Specialist - RegulatoryReporting
Key Responsibilities willinclude :
Our client - a large local bank islooking to recruit a Specialist - Regulatory Reporting who will bereporting directly to the Head of financial reporting under FinanceDepartment located in Abu Dhabi.
Provide support to Finance and Credit Risk teams incalculating ECL reporting in financial statements and regulatoryreturns in order to provide MIS and ECL analysis reports tointernal stakeholders.
Maintain configuration,parameterisation, workflow and business rules in ECL and capitalsolutions to ensure the system is running on correct lookup tablesand parameterisation.
Understand and interpretdata flow and validation within the system, troubleshoot userissues related to system usage and data quality (for example : checks, loading errors, incomplete data inputs etc.
in order togenerate correct ECL position for internal and external regulatoryreporting.
Configure revisions in ECL modelsbased on revised regulations or business requirements in order tocomply with regulatory requirements and UAE Central Bank capitalstandards.
Conduct stress tests and what ifanalyses on ECL for budgetary purposes to ensure forecasts arerobust.
Co-ordinate with IT and externalvendors to resolve model and IT configuration related issues toensure smooth running of the solution at month end.
Who we're looking for :
Bachelor's Degree inFinance
knowledge of risk modelling and itsconfiguration in IT systems including providing support onregulatory reporting regimes (such as SAS IFRS 9application)
What's onoffer :
Attractive monthly salaryAnnual performance bonus (discretionary)
Family medical insurance
Attractivefamily air fare (cash allowance)