Job Posting

Employment: Full Time

Line of ServiceAdvisoryIndustry/SectorFS X-SectorSpecialismRiskManagement LevelSenior AssociateJob Description & SummaryA career in our Risk Consulting practice, within General Consulting services, will provide you with the opportunity to help clients seize essential advantages by working alongside business leaders to solve their toughest problems and capture their greatest opportunities. We work with some of the world’s largest and most complex companies to understand their unique business issues and opportunities in an ever changing environment. We help create sustainable change by stimulating innovation, unlocking data possibilities, navigating risk and regulatory complexity, optimising deals, and aligning costs with business strategy to create a competitive advantage.In Risk, you’ll help clients to protect their brand and enhance their commercial performance by capitalising on every business opportunity while minimising risks.To really stand out and make us fit for the future in a constantly changing world, each and every one of us at PwC needs to be an authentic and inclusive leader, at all grades/levels and in all lines of service. To help us achieve this we have the PwC Professional; our global leadership development framework. It gives us a single set of expectations across our lines, geographies and career paths, and provides transparency on the skills we need as individuals to be successful and progress in our careers, now and in the future.As a Senior Associate, you’ll work as part of a team of problem solvers, helping to solve complex business issues from strategy to execution. PwC Professional skills and responsibilities for this management level include but are not limited to:- Whilst working in the Risk team you will develop your understanding of the key methodologies, tools, practices and trends in the market and in the region.- You will work collaboratively with other Financial Services experts to shape the future of our clients and to bring about positive change.- You will have access to all of the latest training and development tools and the support of the wider PwC network.- Execute engagement activities/work-streams on day-to-day basis.- Ensure strict adherence to agreed timelines- Ensure quality of output exceeds expectations agreed with client and Project Manager.- Work with colleagues in all Middle Eastern offices on client work and internal initiatives as well as with international teams where appropriate.- Keep up to date with current Risk function trends from the region and from across the world.- Handle Risk project and encourage team participation in a collaborative basis, with a focus on knowledge sharing and thought leadership.- Demonstrate teamwork and responsibility while working on engagement activities; stay abreast of current business and economic developments relevant to the client’s business; and use current technology and tools to enhance the effectiveness of services provided.

Sector Specific Requirements:- Education: Bachelor’s degree in Finance, Business, and Economics, Quantitative Analysis or other related major required.- CA/CFA/FRM/Masters in Financial Engineering or equivalent ideal.- Strong knowledge and experience of developing statistical models in R or SAS (Base SAS or EG). Certification in Base SAS will be a plus.- Preferable qualifications: Masters in Finance/Economics.- Management at a reputed Bank or Consulting Firm. As an exception 2-3 years can be considered given very specific skills.- Good knowledge or prior experience of working on key regulations in FS space including IFRS 9, Basel II, Basel III, MIFID, FRTB would be an added plus.Generic Competencies:- The ability and willingness to travel within the Middle East and worldwide where the project dictates.- Strong ability to be flexible and adaptive on a daily basis.- Ability to understand client context (across a variety of problem areas), structure the issue and develop the fit-for-purpose solution in the areas of operations, process optimisation, strategic growth, customer experience or the like.- Proven strong conceptualized thinking and analytical capabilities.- Excellent organisational skills, having the ability to prioritise work load whilst being resilient and being able to cope well under pressure and meeting tight deadlines.- Proven IT skills in Excel, Word and Power point.- Language Skills: Excellent communication skills in English (verbal and written).Minimum years experience required- 3-4 years of experience in Financial Services Risk

PwC firms help organizations and individuals to create the value they’re looking for.
We’re a network of firms in 158 countries with close to 169,000 people who are committed to delivering quality in assurance, tax and advisory services. PwC is the brand under which member firms of PricewaterhouseCoopers International Limited (PwCIL) operate and provide services. Together, these firms form the global PwC network.
In our 3 key areas of business or Lines of Service Assurance, Tax, and Advisory we work with our clients from business start ups to the worlds leading organizations to measure, protect and enhance the things that matter most to them.
We help our own people to learn, discover, develop and make a real difference all the way through their working lives. And we have big ambitions to grow.
PwC Middle East Region is part of what we call the Central Cluster and includes the UK, Europe and Africa as well as the Middle East. The region consists of 12 markets – UAE, Saudi Arabia, Qatar, Kuwait, Bahrain, Oman, Jordan, Lebanon, Egypt, Libya, Iraq and Palestine.
PwC has been established in the region for over 40 years, we already employ over 4500 people and we are on course to become the Middle East number one professional service firm. More

Employment: Full Time

Responsibilities:• To ensure high quality regulatory reporting in compliance with CBI regulations and requirements and implementation of Group standards and policies where required.• To assist CFO/FC Iraq maintaining strong relationships with CBI departments and Tax Authorities.• Networking and liaison with the key finance customers – Group Finance, Business Finance, Local Regulators, Central Bank Inspectors, Statutory Auditors and Tax Auditors.• To provide effective financial support to other finance customers like Group Finance, Group Corporate Treasury, Group Market Risk, Group Taxation, Group Auditors, Statutory Auditors, Local Regulators, Other Support Functions, etc.• To help maintain an effective control environment ensuring that all regulatory and financial control requirements are met. Most importantly, to ensure the robustness and integrity of the General Ledger of the Bank.• To contribute to cost efficiencies in Iraq through effective financial business support to the function.• Providing strong Finance Support to the Business.• Develop report & monitor both leading & lagging financial and non-financial key performance indicators for WB and its constituent businesses.• Monitor implementation of strategy, objectives & budget for business• Assist in developing robust business plans for Business and provide management with the information necessary to monitor performance against these plans.• Ensure compliance and implementation of Group standards & policies.• Ensure all regulatory & financial control requirements are met.• Network & liaise with key partners in Finance & other relevant members.Business:• To initiate and coordinate the formulation of the annual Business Operating Plans, Budgeting process. Also, to monitor and provide MoM progress analysis for actual Vs projected numbers.• To ensure that financial statements and returns are prepared in adherence with regulatory requirements and group IFRS standards.• ALCO member & secretary, provide different and new developments to assist business in planning and mitigating the risk where identified.• Supervise and coordinate month end activities by reviewing and approving different entries and further checking the following schedules and P&L, BS and forecast packs..• To play a leading part in managing the bank’s operational financial structure in Iraq including funding, liquidity, FCY Position, Equity, Lending, limits and risk.• To handle the evaluations of local projects and revenue natures in accordance with group guidelines.• To monitor the capital expenditure and to ensure adherence to budget limits.• To supervise and monitor recording of bank’s fixed assets and depreciation.• Main point of contact with the bank’s service excellence team setting in Chennai, follow up on the SLA’s and the proper implementation.• Responsible on following up the ORP points related to country finance and LKCSA updates• Responsible for finance A/C’s monthly reconciliation.* Day to day country finance operations to include different departments inquiries , CBRs , Accruals and prepaid entries … etc• To perform a daily oversight on the bank’s P&L and BS accounts using trackers receives daily from FSSC team including Trial Balance review. Investigating with responsible businesses if any hits.• To insure the AP process is within the signed SLA with FSSC team and CRES dept. This is to insure the required cost control is monitored and to reflect a better image and reputation to SCBProcesses:• Financial Controls• Management Accounting• Financial Accounting• Regulatory Reporting• Business Finance• Liquidity risk management• Capital risk managementAiming to:• A strong and robust financial reporting within minimal errors.• Compliance from a financial point of view on all Group policies, IFRS, Local Regulatory policies, Delegation of Authority, Basel Committee etc…• Delivering high quality submission of the required returns to regulatory.• Formulation of Financial Strategic Plan / Budgets, CAPEX and ALM management..• Identifying major trends at early stages to enable the business take remedial action accordingly i.e signal business risk, contribute to cost saving• Results of Audit, Internal & External reviews.Risk Management:• Responsible for identifying, assessing, monitoring, controlling and mitigating risks to the Group. Also, an awareness and understanding of the main risks facing the Group and the role the individual plays in managing them• The ability to interpret the Group’s financial information, identify key issues based on this information and put in place appropriate controls and measures• Act as the Accounting & financial reporting, Tax, Regulatory reporting, risk control owner under the Group’s Risk Management Framework. Ensure a full understanding of the risk and control environment in area of responsibility.• Manage operational risk of the Finance function through all applicable policies and by serving as local Risk Owner for operational risk sub-types under External Rules & Regulations;Apply now to join the Bank for those with big career ambitions.

Qualifications:• BA in Finance, banking or accounting is required.• Master’s degree, CPA or any other professional certificate is a plus• Attended relevant Banking and management training courses,• Languages; Arabic and English languages are required for role

Standard Chartered Bank started in 1958 in UAE with its first branch in Sharjah. The Group’s business gradually increased in Dubai with the opening of several branches and today, Dubai is the administrative hub of the Middle East and South Asia Region. In its 43rd year, the Bank enjoys the position of having the most extensive branch network among foreign international banks in UAE with 10 branches emirate-wide.
Standard Chartered is an international bank, focused on the established and emerging markets of Asia, Africa, the Middle East and Latin America with an extensive global network of more than 600 offices in over 50 countries. The three principal business groups are Global Markets, Personal Banking and Corporate and Institutional Banking.
In UAE, we are one of the leading banks, offering an extensive range of products and services for personal customers, local companies, multinational corporate and financial institutions. More