Finance Analyst (BRF)
Job Description
<p>RAKBANK, also known as the National Bank of Ras Al-Khaimah, is a Public Joint Stock Company based in the United Arab Emirates (UAE). It was founded in 1976 and is one of the oldest banks in the UAE. The Bank operates within retail and corporate banking, offering a range of services including personal and business banking, credit cards, loans, investment services, and wealth management.</p><p><br></p><p>In the recent years, the Bank has achieved significant milestones which includes being named as one of the world’s best banks by Forbes ME (2022) and was awarded UAE’s SME Bank of the year by the Asian Banking and Finance Awards. The Bank has been successful in achieving the highest profitability and lowest cost of risk since 2015. It has also seen significant growth in its acquiring business, card spending, and business loans.</p><p><br></p><p>Being on a transformational journey, in partnership with Honeywell, RAKBANK has also taken steps towards sustainability by reducing its overall energy consumption.</p><p><br></p><p>We are a diverse team comprising of over 3,000 employees from across 58 countries. We make conscious efforts to build talented and diversified teams and encourage people to develop their full potential. We are committed to providing a working environment that promotes work-life balance, career development, recognition and security for the future.</p><p><br></p><p>In line with our strategy, a major part of our transformation journey is to future proof our bank and establish ourselves as a ‘Digital bank with human touch’, for our customers.</p><p><br></p><p>So join us in co-creating the future of RAKBANK!</p><p><br></p><p><strong><em>What You Will Be Doing</em></strong></p><ul><li>Prepare periodic regulatory returns for CBUAE for RAKBANK </li><li>Prepare computations and regulatory returns as per Basel III Reporting Requirements.</li><li>Make sure that regulatory returns are submitted on time and the completeness and correctness of returns submitted.</li><li>Provide documents/files as required by other Business Units related to Central Bank Reporting</li><li><br></li></ul><p><br></p><p><strong><em>What You Should Have</em></strong></p><ul><li>Experience in timely preparation and submission of Basel regulatory returns for CBUAE</li><li>Experience in preparation of Pillar III disclosures for Financial Statements</li><li>Experience in Ad-hoc analysis and simulations as per different internal / external requirements</li><li>Ability to gather, analyze, evaluate information in order to prepare the return timely and correctly</li></ul><p><br></p><p><strong>What We Are Looking For</strong></p><ul><li>Must have a University degree and preferably be a qualified accountant (CA, CPA, ACCA, CMA)</li><li>Strong communication skills (verbal and written) are required</li><li>Ability to work under pressure with tight deadlines and complex tasks</li><li>Ability to understand regulatory guidelines and notices</li><li>Strong MS Excel and Power BI skills</li><li>Understanding of financial statement analysis</li></ul><p><br></p><p><strong><em>What’s In It For You</em></strong></p><ul><li>Pay for performance culture (Competitive and performance-linked compensation).</li><li>Provision of medical care plan for your family and you.</li><li>Comprehensive Life insurance plan.</li><li>Diverse workforce and inclusive culture.</li><li>Career development and growth opportunities by design.</li><li>Work with the best minds in the field.</li><li>Get opportunities to bring your whole-self to the organization and perform to your best.</li></ul>
