Senior Financial Analyst - BRF Regulatory Reporting

RAKBANK; Dubai; On-site; USD 60,000 - 90,000; Full time

Job summary

A leading bank in Dubai is seeking a Senior Financial Analyst to join their Regulatory Reporting team. This role involves preparing and submitting regulatory reports, ensuring compliance with CBUAE guidelines, and contributing to automation projects. The ideal candidate will have a Bachelor's degree in Finance or Accounting, relevant experience, and strong analytical skills. Opportunities for professional development and a competitive salary package are offered.

Benefits

Competitive salary and benefits package

Opportunities for professional development

Supportive work culture

Access to cutting-edge tools and technologies

Qualifications

• 2–3 years of experience in Regulatory Reporting, Finance, or Accounting functions.
• Familiarity with CBUAE reporting standards.
• Professional certifications such as CA, ACCA, ICAEW, CPA, or CMA are a plus.

Responsibilities

• Prepare and submit Banking Return Forms (BRF) to the Central Bank of the UAE.
• Ensure accurate preparation of Bi-weekly Statistical Reserve Requirement (SRR) returns.
• Contribute to regulatory reporting projects for data process optimization.

Skills

Attention to Detail

Analytical Skills

Communication

Strategic Thinking

Education

Bachelor’s degree in Finance, Accounting, or related field

Tools

Microsoft Excel

Financial Databases

Data Visualization Tools

Job description

Senior Financial Analyst - BRF Regulatory Reporting

Senior Financial Analyst - BRF Regulatory Reporting

Senior Analyst – BRF Team – Regulatory Reporting

Join our dynamic Regulatory Reporting team and play a vital role in shaping the future of financial reporting through data automation and precision.

What You Will Do:

• Regulatory Reporting: Prepare and submit accurate and timely Banking Return Forms (BRF) to the Central Bank of the UAE (CBUAE) on a bi-weekly, monthly, quarterly, half-yearly, and annual basis.
• SRR Compliance: Ensure accurate preparation of Bi-weekly Statistical Reserve Requirement (SRR) returns in alignment with CBUAE guidelines.
• Automation Projects: Actively contribute to regulatory reporting projects aimed at optimizing and automating BRF data processes to improve efficiency and reduce manual work.
• Data Requests Management: Manage and prepare responses to data and survey requests from statistical authorities in the UAE.
• Stakeholder Engagement: Coordinate with internal teams and regulatory authorities, addressing queries and supporting regulatory discussions.
• Governance Reporting: Assist in preparing materials and insights for governance committees and senior management.

What We Are Looking For:

• Bachelor’s degree in Finance, Accounting, or a related field (required).
• 2–3 years of experience in Regulatory Reporting, Finance, or Accounting functions.
• Familiarity with CBUAE reporting standards and requirements.
• Professional certifications such as CA, ACCA, ICAEW, CPA, or CMA are a plus.
• Strong attention to detail and ability to ensure accuracy in regulatory reports and financial calculations.
• Excellent verbal and written communication skills for effective stakeholder interaction.
• Proficient in Microsoft Excel, financial databases, and data visualization tools.
• Strong analytical and presentation skills with the ability to gather and evaluate large volumes of financial data.
• Strategic thinking and regulatory advisory experience.
• Working knowledge of IFRS and finance/accounting principles.
• Ability to work independently as well as collaboratively within a team.
• Understanding of banking regulatory frameworks and policies.

What You'll Gain:

• Competitive salary and benefits package.
• Opportunities for professional development and career advancement.
• A supportive and collaborative work culture.
• Access to cutting-edge tools and technologies.