Senior Capital Adequacy Specialist

🏗 We're Hiring: Senior Capital Adequacy Specialist

📍 Location: United Arab Emirates (Remote)

🕒 Employment Type: Full-Time

💼 Experience Level: Mid-Level to Senior

🌐 Work Arrangement: Fully Remote

About Us

We are a construction-focused organization committed to financial integrity, effective risk management, regulatory compliance, and operational excellence. Our multidisciplinary teams collaborate across Project Management, Construction, Engineering, Procurement, Commercial, Legal, Finance, Human Resources, Design, Quality, HSE, Consultants, Contractors, Suppliers, Logistics, Administration, Information Technology, and Executive Leadership to support complex projects and maintain robust governance across our operations.

We value professionals who demonstrate analytical rigor, sound financial judgment, technical expertise, and a commitment to continuous improvement. Through effective capital planning, risk assessment, financial analysis, and strong internal controls, we aim to strengthen organizational resilience and support sustainable business growth.

The Role

We are seeking an experienced Senior Capital Adequacy Specialist to oversee capital adequacy assessments, regulatory capital calculations, capital planning, risk-weighted asset analysis, and prudential compliance activities relevant to the organization's operations.

The ideal candidate will have strong expertise in capital adequacy frameworks, regulatory capital requirements, financial risk measurement, stress testing, capital forecasting, and prudential reporting. The successful candidate will work closely with Finance, Treasury, Risk Management, Compliance, Legal, and Information Technology teams to monitor capital positions, assess potential capital impacts, improve reporting accuracy, and support effective capital governance in accordance with applicable regulatory requirements.

Key Responsibilities

• Monitor capital adequacy requirements and applicable prudential standards relevant to the organization's regulated activities.
• Calculate, review, and validate regulatory capital measures and capital adequacy ratios in accordance with approved methodologies.
• Assess capital resources, eligible capital instruments, regulatory deductions, adjustments, and applicable capital buffers.
• Calculate and analyze risk-weighted assets (RWA) across relevant credit, market, operational, and other applicable risk categories.
• Review exposure classifications, risk weights, capital treatment, and underlying assumptions used in regulatory capital calculations.
• Monitor capital adequacy ratios against regulatory minimums, internal limits, management targets, and established risk appetite thresholds.
• Identify emerging capital pressures and recommend appropriate mitigation measures to relevant stakeholders.
• Support capital planning activities, including forecasting, scenario analysis, and evaluation of future capital requirements.
• Develop capital forecasts using relevant financial projections, business plans, risk exposures, and regulatory assumptions.
• Conduct stress testing and sensitivity analysis to assess the impact of adverse economic, financial, and operational scenarios on capital positions.
• Evaluate the potential capital impact of significant business initiatives, project investments, acquisitions, restructurings, and other strategic decisions where applicable.
• Collaborate with Treasury and Finance teams to assess capital resources, funding plans, liquidity considerations, and balance sheet implications.
• Reconcile capital adequacy calculations against financial statements, general ledger records, risk systems, and regulatory reporting schedules.
• Investigate discrepancies in capital calculations, exposure data, risk classifications, and reporting outputs.
• Maintain comprehensive documentation of capital methodologies, assumptions, calculations, adjustments, and review procedures.
• Prepare periodic capital adequacy reports, management dashboards, forecasts, and analysis for senior management.
• Support the preparation and submission of applicable regulatory capital returns within established deadlines.
• Ensure capital reporting is accurate, complete, consistent, and supported by appropriate evidence.
• Monitor regulatory developments affecting capital requirements and assess their impact on existing calculations, systems, and policies.
• Conduct regulatory gap assessments and coordinate the implementation of changes to capital calculation methodologies and reporting processes.
• Work with Compliance and Legal teams to interpret relevant regulatory guidance and address capital adequacy requirements.
• Support the maintenance of capital adequacy policies, procedures, control frameworks, and governance arrangements.
• Establish and maintain appropriate review controls, reconciliations, approval workflows, and quality assurance procedures for capital reporting.
• Identify control weaknesses, calculation errors, data quality issues, and potential breaches of capital thresholds.
• Escalate material capital concerns and reporting discrepancies through established governance channels.
• Coordinate with Risk Management teams to ensure risk assessments and capital calculations are consistent with approved risk methodologies.
• Support the review of credit risk exposures, counterparty risk, concentration risk, market risk, and operational risk inputs relevant to capital calculations.
• Assist with the assessment of model-related assumptions, risk parameters, and methodology changes where applicable.
• Evaluate the capital implications of changes in asset composition, risk exposure, business volumes, and financial performance.
• Collaborate with Information Technology and data teams to improve data quality, traceability, and automation across capital reporting processes.
• Participate in system upgrades, capital calculation enhancements, user acceptance testing, and implementation of regulatory reporting solutions.
• Review data lineage between source systems, financial platforms, risk engines, and regulatory reporting applications.
• Support internal and external audits, regulatory examinations, and supervisory reviews involving capital adequacy and prudential compliance.
• Prepare audit evidence, calculation workpapers, reconciliations, supporting schedules, and documentation for regulatory reviews.
• Track audit findings, regulatory observations, and capital-related remediation actions through to completion.
• Provide technical guidance on capital adequacy requirements to Finance, Treasury, Risk Management, and other relevant stakeholders.
• Explain capital movements, ratio changes, risk-weighted asset variations, and forecast assumptions to management.
• Maintain accurate records of capital calculations, regulatory submissions, approvals, and supporting analysis.
• Ensure confidential financial, risk, and regulatory information is handled in accordance with applicable data protection and information security requirements.
• Provide guidance and technical support to junior analysts involved in capital calculations, forecasting, and regulatory reporting.
• Maintain professional knowledge of capital adequacy frameworks, prudential regulation, financial risk management, and capital planning practices.
• Perform other capital adequacy, prudential reporting, financial analysis, and risk governance duties as assigned by management.

Qualifications and Experience

• Bachelor's degree in Finance, Accounting, Economics, Banking, Risk Management, Mathematics, or a related discipline.
• A master's degree or relevant professional qualification is an advantage.
• Typically 5–8 years of experience in capital adequacy, prudential reporting, financial risk management, regulatory compliance, or capital planning.
• Strong understanding of regulatory capital frameworks, capital ratios, risk-weighted assets, and prudential reporting requirements.
• Knowledge of credit risk, market risk, operational risk, and their relevance to capital calculations.
• Experience with capital forecasting, stress testing, scenario analysis, and sensitivity assessments.
• Familiarity with applicable UAE regulatory requirements and the expectations of relevant supervisory authorities, where appropriate to the organization's activities.
• Experience reconciling capital calculations with financial statements, risk systems, and regulatory reporting data.
• Proficiency in Microsoft Excel and financial modeling.
• Familiarity with risk management systems, capital calculation platforms, regulatory reporting tools, and business intelligence solutions is an advantage.
• Knowledge of SQL, data analytics, or reporting automation is beneficial.
• Strong analytical, quantitative, and problem-solving skills.
• Ability to interpret complex regulatory requirements and translate them into practical calculations and controls.
• Excellent report-writing, documentation, and stakeholder management skills.
• High standards of integrity, accuracy, confidentiality, and professional judgment.
• Ability to manage multiple deadlines and work independently in a fully remote environment.

Preferred Certifications

• Financial Risk Manager (FRM).
• Professional Risk Manager (PRM).
• Chartered Financial Analyst (CFA).
• Association of Chartered Certified Accountants (ACCA).
• Chartered Accountant (CA).
• Certified Public Accountant (CPA).
• Relevant capital adequacy, prudential regulation, or financial risk management certifications.

Key Performance Indicators (KPIs)

• Accuracy and completeness of capital adequacy calculations.
• Timeliness of regulatory capital reporting submissions.
• Accuracy of risk-weighted asset calculations and supporting data.
• Compliance with applicable regulatory capital requirements and internal thresholds.
• Timeliness of capital forecasts, stress tests, and scenario analyses.
• Number and severity of capital reporting discrepancies.
• Completion rate of regulatory change assessments and implementation actions.
• Timeliness of remediation for audit findings and control deficiencies.
• Quality of capital adequacy analysis and management reporting.
• Improvements in capital reporting efficiency, data quality, and automation.