Aurelia Butler

Employment:

Full Time

Audit & Assurance | Assistant ManagerWhen you work for us, you commit to a career at one of the largest and most prestigious professional services firms in the world. Looking for a rewarding career? Take a closer look at Deloitte & Touche ME. You’ll understand that Deloitte is a Tier 1 Tax advisor in the GCC region since 2010 (according to the International Tax Review World Tax Rankings). It has received numerous awards in the last few years which include Best Employer in the Middle East, best consulting firm, and the Middle East Training & Development Excellence Award by the Institute of Chartered Accountants in England and Wales (ICAEW).A career in Audit at Deloitte & Touche Middle East is a key link in the financial reporting chain, putting you in the position of trusted advisor to businesses across the region. Your people skills will be required for the latter, while your analytical mind will be another integral requirement for success. You will need the flexibility to implement our international audit approach while bringing to the fore your understanding of the complexities and unique circumstances of our clients and the business landscape across our diverse region. All this while adhering to the highest standards of independence, professional objectivity and technical excellence.Our PurposeDeloitte makes an impact that matters. Every day we challenge ourselves to do what matters most—for clients, for our people, and for society. We serve clients distinctively, bringing innovative insights, solving complex challenges and unlocking sustainable growth. We inspire our talented professionals to deliver outstanding value to clients, providing an exceptional career experience and an inclusive and collaborative culture. We contribute to society, building confidence and trust in the markets, upholding the integrity of organizations and supporting our communities.Our shared values guide the way we behave to make a positive, enduring impact:- Lead the way- Serve with integrity- Take care of each other- Foster inclusion- Collaborate for measurable impactDuring your tenure as an Assistant Manager in Audit & Assurance, you will demonstrate and develop your capabilities in the following areas:- Takes responsibility for understanding key statistics and industry matters about entity before engagement begins, for example, by asking other team members and reading the prior year financial statements (including the enhanced audit report) or audit documentation.- Understands allocation of responsibilities between the engagement team and experts or specialists, including timescales and how the work of experts and specialists will contribute to the objectives of the audit- Takes responsibility for understanding key statistics and industry matters about entity before engagement begins, for example, by asking other team members and reading the prior year financial statements (including the enhanced audit report) or audit documentation- Understands allocation of responsibilities between the engagement team and experts or specialists, including timescales and how the work of experts and specialists will contribute to the objectives of the audit- Coordinates with management and expert/specialists for the key engagement or project deliverables and due dates. Tracks findings of work performed and follows up the impact of work to be performed by other members of the engagement team- Applies guidance material in relevant guides, practice aids, and tools so that an appropriate level of professional scepticism is reflected in procedures performed, evidence obtained and conclusions reached- Signs off appropriately on work performed and reviewed. Takes responsibility for meaningful completion of all necessary checklists, procedures and tailoring and concluding questions prior to signing-off. Proactively checks whether others have signed off appropriately and follows up where necessary- Contributes to the development of a comprehensive project plan, using prior year knowledge to help identify audit priorities that can be performed earlier in the audit cycle. Seeks awareness of contingency plans if the entity’s management team fails to meet their deadlines- Prepares and reviews documentation by anticipating questions that reviewers may ask, including not just the conclusion but the relevant facts, analysis, reference to authoritative literature and professional judgements made in reaching it- Encourages wider team adopt an attitude of professional scepticism, to have a questioning mind-set and to further investigate as and when appropriate. Is able to identify the key questions to be answered- Documents objectivity, independence and continuance decisions, checking that sufficient enquiries have been made and that all information has been captured.- Checks that staff on the engagement have adequate technical knowledge, including industry knowledge, for the areas in which they are working. Provides briefings as required.Leadership Capabilities:- Identifies and embraces our purpose and values and puts these into practice in their professional life- Develops self by actively seeking opportunities for growth, shares knowledge and experiences with others, and acts as a strong brand ambassador- Seeks opportunities to challenge self; teams with others across businesses and borders to deliver and takes accountability for own and team result- Builds relationships and communicates effectively in order to positively influence peers and other stakeholder- Understands objectives for clients and Deloitte, aligns own work to objectives and sets personal priorities.

Qualifications:- 5+ years of experience in auditing, with leading professional services firms or large multinational organizations and systems. preferably with Big 4 Audit Firm- Degree in Business, Accounting, or related field.- Successful record of engagement management- Fluent in English & Arabic (Reading, Speaking and Writing).- CPA, CA, CIA, CISA or equivalent.

Deloitte is the world’s largest and leading professional services firm, providing audit & assurance, consulting, financial advisory, risk advisory and tax and services to public and private clients spanning multiple industries, whether they are in the energy, communications, oil and gas, financial services, family businesses, healthcare, public or education sectors among others.

With a globally connected network of member firms in more than 150 countries and territories, Deloitte brings world-class capabilities and high-quality service to clients, delivering the insights they need to address their most complex business challenges. Deloitte’s more than 250,000 professionals are committed to becoming the standard of excellence.

Deloitte & Touche (M.E.) is a member firm of Deloitte globally and is the first Arab professional services firm established in the Middle East region Deloitte & Touche (M.E.) is a member firm of Deloitte Touche Tohmatsu Limited (DTTL) and is a leading professional services firm established in the Middle East region with uninterrupted presence since 1926 with 26 offices in 15 countries to date. What distinguishes Deloitte member firms in the Middle East is the global and regional expertise and know-how offered through specialized and highly knowledgeable talent. Deloitte aims to offer the best services to its clients through a team with more than 3,300 partners, directors and staff in the Middle East which guarantees effective communication with clients and a deeper understanding of their needs. It is a Tier 1 Tax advisor in the GCC region since 2010 (according to the International Tax Review World Tax Rankings). It has also received numerous awards in the last few years which include best employer in the Middle East, best consulting firm, the Middle East Training & Development Excellence Award by the Institute of Chartered Accountants in England and Wales (ICAEW), as well as the best CSR integrated organization.

Deloitte drives progress. Our practices around the Middle East support clients become leaders wherever they choose to compete. We invest in outstanding people of diverse talents and backgrounds and empower them to achieve more than they could elsewhere. Our work combines advice with action and integrity. We believe that when our clients and society are stronger, so are we.

Our Purpose

Deloitte makes an impact that matters. Every day we challenge ourselves to do what matters most-for clients, for our people, and for society. We serve clients distinctively, bringing innovative insights, solving complex challenges and unlocking sustainable growth. We inspire our talented professionals to deliver outstanding value to clients, providing an exceptional career experience and an inclusive and collaborative culture. We contribute to society, building confidence and trust in the markets, upholding the integrity of organizations and supporting our communities.

Our shared values guide the way we behave to make a positive, enduring impact:

Integrity
Outstanding value to markets and clients
Commitment to each other
Strength from cultural diversity More

Employment:

Full Time

This senior role is required to manage and maintain the Credit appraisal process for Large Corporates.Responsibilities will include:Credit Appraisals• Review credit proposals to ensure completeness of supporting information / documents and compliance with Bank’s requirements.• Occasionally visiting clients to understand client’s business model and requirements, and accordingly recommending financing solutions• Conduct proper due diligence as to identification of gaps, if any in terms of disclosures/ information in proposals• Ensure that Credit proposals are complete and accurate and the credit Analysis covers all significant factors (Strengths & Risks) for proper decision making• Approval of ad-hoc credit requests within an agreed credit risk delegation framework• Presenting credit proposals to senior sanctioners and credit committeePortfolio Management• Manage portfolio of c.500 large corporate, government related entities, and mid-size corporates with approximate book size of AED25bn• Responsible for review of all syndication deals where CBD is participating or leading• Responsible for maintaining the asset quality of the designated portfolio through interim reviews, annual reviews and on-going monitoring and control, and escalation of issues as may be necessary• Serve as the second line of defence and escalate any breaches of policies and procedures, credit risk excesses and past-dues and related matters to coverage and other stakeholdersStakeholder Management• Secondary point of contact for the assigned portfolio and liaise with relationship and sales teams, product experts and portfolio management, and support functions including legal, compliance and operations• Subject matter expert for fundamental credit risk queries and provides support for any requests from regulators, auditors and other professionals• Where required, join coverage units for conference calls and meetings with client representatives – treasurer, finance director and CFO• Communicate with senior management to address any credit queries raise by Committee members• Managing direct reports – training and career development• Attend credit committees and senior management meetings where requiredOther Management Responsibilities• Management and oversight over Triple C process (internal early risk identification process) and present such customers to senior management.• Active participation in process review – for both post and pre-disbursement and suggest improvements• Ensure that subordinates maintain proper records for receipt, processing & disposal of credit proposals/ JETS for monitoring reports, internal/ external requirements• Organising and conducting trainings for credit analysts and business support staff

Requirements• Preferred – Masters of Business Administration (MBA) from reputed Business School• Preferred – CFA Charter Holder, FRM Certification (from GARP)• Strong working knowledge of Financial Modeling, of business software applications, particularly spreadsheets.• 12 year’s Banking/ finance experience with min of 5 years in the Credit function• Good understanding of banking operations, Bank’s policies, procedures, guidelines, statutory requirements, market conditions.• Good understanding of regional markets• Expert in credit appraisals, due diligence, financial modeling• Documentation expertise, good understanding of LMA, ISDA etc.• High level of interpersonal and negotiation skills.• Excellent report writing skills

In 1969, when we at Commercial Bank of Dubai started out little did we know that sheer grit and determination would get us where we are today. An Emiri Decree issued by His Highness the Late Sheikh Rashid Bin Saeed Al Maktoum, the founder of modern Dubai, laid the cornerstone of Commercial Bank of Dubai. We started out as a joint venture of Commerzbank, Chase Manhattan Bank and Commercial Bank of Kuwait. A minority stake was held by a few UAE businessmen.

By 1982, little more than a decade later, we evolved into a National Public Shareholding company. A feat complimented by an exponential increase in the capital base and mammoth restructuring of our operations. The feather in the cap came when the Government of Dubai became a key shareholder.

Over the decades, we have transformed ourselves into a progressive and modern banking institution. We are supported by a sturdy financial base and reigned by a strong and stable management. The proof of which lies with our customers who have stood by us over the years. More