Jeddah Islamic Development Bank Job, Senior Financial Analyst, Risk Management Specialist, Islamic Finance Associate 18 April
ROLE PURPOSE: To perform research and analysis of financial data to provide analysis, guidance and recommendations on financial solutions by establishing and enforcing policies and procedures; providing industry trends and forecasts of the Islamic financial and economic institutions; explaining processes and techniques; and, recommending actions identifying and mitigating strategies against the financial risks.
KEY ACCOUNTABILITIES and ACTIVITIES:
Develop and oversee the annual work plans for the finance related activity of the division.
Participate effectively in the preparation of department’s annual budget.
Scrutinize, review and analyse the financial data collected for the Islamic Financial and Economic Institutions.
Monitor fundamental economic, industrial, and corporate developments through the analysis of information obtained from financial publications and services, investment banking firms, government agencies, trade publications, company sources, and personal interviews.
Monitor and update financial status by comparing and analysing plans and forecasts with actual results and previous years.
Monitor and update financial indicators and develop a status report.
Analysis and Forecasting
Research and analyse Islamic finance industries, historical financial statements and projecting financial information, and provide market insights and recommendation.
Propose and present strategies and action plans in light of the identified strengths and weaknesses of alternative solutions, conclusions, and approaches to problems.
Policies & Procedures
Contribute to process improvement by identifying more efficient processes of executing work by developing automated reporting/forecasting tools.
Document procedural steps to follow in the operations of the financial analyses.
Implement and maintain operational procedures to ensure all activities are carried out in a systematic manner.
Knowledge Sharing & Innovation
Maintain knowledge and stay abreast of developments in the fields of industrial technology, business, finance, and economic theory.
Provide technical guidance to less experience staff members related to financial analysis.
Ensure the incorporation of leading practices in the financial analysis practices and activities.
Reporting & Communication
Handle communications between IDB Group entities to ensure effective coordination and cooperation in the financial aspects.
Develop presentations and discuss analyses results with senior audiences and articulate outcomes of analysis to the Management in briefs and ad-hoc reports as requested by management.
Qualification and Experience
Field of study in Business Administration / Finance / Accounting/ Economics / Any related field
PHD with 7 years of related working experience
Master’s with 9 years of related working experience
Bachelor’s with 12 years of related working experience
Professional Certification – CFA, CFP, or CPA certification is required
Strong analytical ( quantitative as well as qualitative) skills including building models, prior data mining and on line market research
Financial reporting and statement
Executive business analysis writing
Advanced market research, data mining, business intelligence, valuation, financial modelling/forecasting
Proficiency with Microsoft Excel and statistical and database software is required; familiarity with data query/data management tools extremely helpful (Access, SQL, Business Objects)
Extensive knowledge of accounting and Shari’ah standards
Proven track record of superior financial and statistical analysis and developing/delivering recommendations based on this analysis
Deep working knowledge of financial economic analysis and reporting
Extensive knowledge of Islamic economics and finance, and corporate finance
Experience working with relational databases, regression analysis and data manipulation preferred
English – Required
Arabic – Preferred
French – Preferred
Employer want to submit job applications through their website at: .Apply Online