Summary
Mashreq is hiring an Assistant Manager, Regulatory Reporting, to prepare and submit regulatory reports for its UAE operations and subsidiaries. The role includes preparing Gross Dirham Lending and Cash Reserve returns, supporting related entries in Flexcube, coordinating data validation and reconciliation, and maintaining reporting processes in line with regulatory changes. The successful candidate will have an accounting or finance degree and 3 to 5 years of accounting or finance experience at a banking or non-banking financial institution, with advanced Excel skills. The posting states that the role is open to UAE nationals only.
The posting
As published on mashreq.com. Pulled from the employer's site and shown as they wrote it.
JOB PURPOSE
- Responsible for preparation and timely submission of regulatory reports related to Mashreq UAE operations as per Central Bank guidelines and as per the required reporting frequency.
- Responsible for preparation of returns related to Mashreq Subsidiaries for CBUAE & Securities & Commodities Authority (SCA).
- Responsible for preparation of vouchers for GDL (Gross Dirham Lending) & Cash Reserve related to MB UAE and post transactions in Flexcube.
Key Result Areas
- Prepare and submit accurate regulatory reports for Mashreq subsidiaries and UAE operations in compliance with Central Bank guidelines and timelines.
- Prepare GDL and Cash Reserve returns and advise for entries for MB UAE.
- Collaborate with cross-functional teams to gather, validate, and reconcile data for reporting.
- Address data issues with relevant departments to ensure reporting accuracy.
- Monitor regulatory changes and update reporting processes accordingly.
- Drive automation and process improvements in regulatory reporting in partnership with Technology.
- Conduct compliance assessments and support audits through proper documentation
Knowledge, Skills and Experience
- Accounting or Finance graduate with 3 to 5 years’ experience in accounting or finance function of a banking or non-banking financial institution.
- Strong analytical mindset and attention to detail.
- Advanced skills in Microsoft Excel.
Responsibilities
- Prepare and submit accurate regulatory reports for Mashreq subsidiaries and UAE operations in compliance with Central Bank guidelines and timelines.
- Prepare GDL and Cash Reserve returns and advise for entries for MB UAE.
- Collaborate with cross-functional teams to gather, validate, and reconcile data for reporting.
- Address data issues with relevant departments to ensure reporting accuracy.
- Monitor regulatory changes and update reporting processes accordingly.
- Drive automation and process improvements in regulatory reporting in partnership with Technology.
- Conduct compliance assessments and support audits through proper documentation and timely responses.
Qualifications
- Accounting or Finance graduate with 3 to 5 years’ experience in accounting or finance function of a banking or non-banking financial institution.
- Strong analytical mindset and attention to detail.
- Clear and effective communication of complex regulatory concepts.
- Strong collaboration skills with ability to lead cross-functional initiatives.
- Proficient in data validation, reconciliation, and analysis.
- Advanced skills in Microsoft Excel.