Assistant Manager - Treasury Business Performance

CFA Institute; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading financial services organization in Dubai is seeking a skilled finance professional to join their Global Markets & Treasury Business Finance team. This role focuses on product control services, hedge accounting, and financial reporting, requiring a university degree or professional accounting qualification like ACCA or CFA. Candidates should possess 3 to 5 years of relevant experience in a large banking environment. The organization offers a competitive salary, market-leading incentives, and strong emphasis on work-life balance.

Benefits

Competitive salary package

Market-leading incentives

Strong emphasis on work-life balance

Preferential banking facilities for employees

Generous annual leave entitlement

Private Healthcare

World-class Learning & Development platform

Qualifications

• 3-5 years of post-qualification experience in the Finance function.
• Experience in a large bank with exposure to Treasury products.
• Exposure to Hedge accounting.

Responsibilities

• Provide full range of product control services to the division.
• Ensure that hedge accounting is performed in line with IFRS 9.
• Ensure all investments are valued using independent pricing source.

Skills

Review of front office desk profit and loss reports

Test effectiveness of hedges and maintain documentation

Hedge accounting & Financial reporting

Understanding of Treasury products

IFRS 9 reporting

Education

University Degree or a qualified accountant

ACCA, CFA, CIMA, ACA

Job description

Overview

Emirates NBD is a market leader across the MENAT (Middle East, North Africa and Türkiye) region with a presence in 13 countries, serving over 20 million customers. The Emirates NBD Group has a total of 853 branches and 4,213 ATMs / SDMs. Emirates NBD is the leading financial services brand in the UAE with a Brand value of USD 3.89 billion. At the bank, we serve our customers and help them realise their financial objectives through a range of banking products and services including retail banking,
Note: removed to ensure accessible formatting. The team supports global markets and treasury operations. This role is part of the Global Markets & Treasury Business Finance team in H.O. You will be responsible for providing full range of product control services to the division.

On a day-to-day basis you will be responsible for:

• Review of front office desk profit and loss reports
• Test effectiveness of hedges and maintain documentation
• Hedge accounting & Financial reporting
• Ensure that hedge accounting is performed in line with IFRS 9
• Provide Business Requirement Document for new system implementation and upgrades to existing systems
• Monthly, Quarterly, Semi-annual & Annual commentaries & Analytics on Treasury B/s movements, market drivers & business activities
• Ensure all investments are valued using independent pricing source and a sound rationale is used for valuing unlisted or thinly traded investments

To be successful in this role, you will need the following skills and experience:

• University Degree or a qualified accountant
• (ACCA, CFA, CIMA, ACA) preferable
• Between 3 - 5 years of post-qualification experience in the Finance function of a large bank with exposure to understanding of Treasury products and its lifecycle, Hedge accounting and IFRS 9 reporting
• GCC
• Banking & Financial Services

What we offer you:

• Competitive salary package
• Market-leading incentives
• Strong emphasis on work-life balance and wellbeing across the bank
• Preferential banking facilities for employees
• Generous annual leave entitlement and Private Healthcare
• World-class Learning & Development platform and career development