Senior Manager - Domestic Regulatory Reporting

QNB

📍 الدوحة، قطر

💼 دوام كامل

🕒 نُشرت قبل شهرين

وصف الوظيفة

Role Overview

Senior Manager - Domestic Regulatory Reporting at QNB, a leading bank in the Middle East and Africa region, based in Doha, Qatar.

Company Overview

Established in 1964 as Qatar's first Qatari-owned commercial bank, QNB Group has grown to become the largest bank in the Middle East and Africa region. The Group operates through more than 31 countries across three continents with subsidiaries and associate companies. QNB serves up to 20 million customers through 1,000 locations and an ATM network of 4,300 machines, with more than 28,000 employees. The bank maintains credit ratings of A from Standard & Poor's, Aa3 from Moody's, and A+ from Fitch, and ranks as the most valuable bank brand in the Middle East and Africa according to Brand Finance Magazine.

Role Purpose

The incumbent will assume prime daily, weekly and monthly responsibilities for financial and regulatory reporting at the local level and consolidation of these reports at the group level. The role requires detailed analytical review and preparation of local financial and regulatory reporting for the Bank, including ad hoc requirements as needed.

Key Responsibilities

Shareholder & Financial Reporting

Ensure timely and accurate disclosure of financial and regulatory reporting including all material matters concerning the Group.
Develop mechanisms designed to ensure compliance with all relevant Qatar Central Bank rules and regulations.
Create reporting efficiency to enhance productivity, minimize turnaround time, reduce error and add value for the bank.
Adhere to Key Performance Indicators (KPIs) for performance and quality measurement purposes pertaining to regulatory and ad hoc reporting to monitor and ensure achievements on a periodic basis.
Implement KPIs and best practices for the Senior Manager Domestic Regulatory Reporting role.
Promote cost consciousness and efficiency and enhance productivity to minimize cost, avoid waste, and optimize benefits for the bank.

Regulatory Relationships & Compliance

Establish and enhance relationships with regulatory authorities to ensure that all regulatory reporting requirements are complied with.
Liaise with relevant officials from Qatar Central Bank on matters pertaining to presentation and disclosure of financial statements, emerging financial reporting trends and impacts of proposed accounting standards.

Internal & External Stakeholder Management

Build and maintain strong and effective relationships with all other related departments and units to achieve the Group's goals and objectives.
Provide timely, accurate information and reports to the external and internal auditors and the compliance function as required.
Maintain activities in accordance with Service Level Agreements (SLAs) with internal departments and units to achieve improvements in turnaround time.

Financial & Regulatory Reporting Delivery

Ensure daily, weekly, monthly, quarterly and annual financial and regulatory reports at the local and group level are completed within the delivery deadline with a high level of accuracy and accompanying analysis of these reports made prior to submission.
Create ad hoc financial and regulatory reports as required by regulator within specified deadline.

Systems & Data Management

Possess a solid understanding of banking processes, products and transaction flows.
Possess an understanding of core banking systems, data warehouse and their impact on the output and accuracy of regulatory reports.
Perform data cleansing on a routine basis to ensure financial data is accurate and relevant.
Perform system enhancements on a periodic basis to reduce report turnaround times and eliminate errors.
Possess knowledge and understanding of various banking systems set up (for example, core banking, OPICS, BAS) to analyze, create or modify system reports with minimal error.

Learning & Development

Possess a thorough understanding of asset, liability, P/L and off balance sheet accounting and presentation for financial and regulatory reporting.
Possess or acquire knowledge of local regulatory requirements as well as best practices pertaining to regulatory reporting standards.
Help in developing and training local regulatory reporting team in the appropriate skills to ensure an effective and informative regulatory reporting.

Qualifications & Experience

Bachelor degree from a university with a major in Marketing, Banking, Finance, Accounting, Economics, Business Administration or Information Technology or a related field of study.
At least 8 years of relevant experience, preferably within a highly rated international bank, financial or regulatory reporting.
Knowledge of financial and regulatory reporting methods including a solid understanding of balance sheet, P/L statement and off balance sheet items.