Capital Management and Provision Officer Banque Misr UAE

  • Full time
  • Dubai, UAE
  • Posted 6 months ago
  • 12000-22000 AED / Month

Banque Misr UAE is currently seeking suitable candidate for position of Capital Management and Provision Officer. The job holder is responsible to assists the Head of Regulatory & Financial reporting in all matters related to Capital management and provision function as well as manage and supervise the following functions, Assist in the Bank’s Capital Management Structure planning to reach the most optimal & Efficient Capital Mix. Perform, Support and coordinate end to end the implementation of the upcoming Capital Management regulations from Finance perspective. Support the monitoring Capital management reporting According to CBUAE Limits. Design the implementation of control reports used to Prevent insufficient capital for business growth. Provide opinion, advice, and solutions across the bank.

Responsibilities of Capital Management and Provision Officer

  • Plan capital structure for the Bank, perform finance tasks in ICAAP, including providing CAR & CAR Forecast, solvency ratios via the Dynamic Module.
  • Maintain strong relations with CB Inspection and CB for Capital Management matters.
  • Ensure accuracy & integrity of Capital Management Reports, complying with CBUAE regulations.
  • Handle and resolve Capital Management reporting issues within set timeframes, including continuous ad-hoc tasks.
  • Prepare Capital Increase study and manage Capital increase procedures.
  • Support and coordinate implementation of forthcoming Capital Management regulations from a Finance perspective.
  • Assist in the implementation of upcoming Capital regulations from a Capital perspective.
  • Design control reports to prevent insufficient capital for business growth.
  • Present provisions analysis for Impairment Committee Approval.
  • Monitor Expected Credit Loss, Legal provisions, and other provision calculations.

Requirements of Capital Management and Provision Officer

The requirements of Capital Management and Provision Officer are as under:

  • Bachelor’s degree in accounting, economics, business, or a related technical field
  • Minimum 05 years of banking experience
  • Post-graduate certification is advantageous

Skills and Knowledge Desired

  • Collaboration & Creating Synergy
  • Innovation & Go Digital
  • People Centricity
  • Agility & Resilience
  • Negotiation Skills
  • Problem-solving Ability
  • Strategic Thinking
  • Global Banking Expertise
  • Data Visualization & Presentation
  • Microsoft Word and Excel
  • Banking System
  • Fluent in English (Reading, Writing, & Oral)

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