Senior Regulatory Capital Specialist

🏗 We're Hiring: Senior Regulatory Capital 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, regulatory compliance, risk management, 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 strong governance across our operations.

We value professionals who demonstrate technical expertise, analytical rigor, accountability, and a commitment to continuous improvement. Through robust financial controls, reliable regulatory reporting, and effective risk oversight, we aim to strengthen organizational resilience and ensure compliance with applicable regulatory obligations.

The Role

We are seeking an experienced Senior Regulatory Capital Specialist to manage regulatory capital calculations, prudential capital reporting, risk-weighted asset assessments, regulatory interpretation, and capital-related compliance activities. The ideal candidate will possess strong knowledge of applicable capital adequacy frameworks, regulatory capital instruments, prudential reporting requirements, and financial risk measurement.

The successful candidate will work closely with Finance, Treasury, Risk Management, Compliance, Legal, Internal Audit, and Information Technology teams to ensure accurate capital reporting, monitor regulatory developments, strengthen capital controls, and support effective regulatory engagement in accordance with applicable requirements in the United Arab Emirates.

Key Responsibilities

• Oversee the preparation, review, and validation of regulatory capital calculations and applicable prudential returns.
• Interpret relevant regulatory capital requirements and translate them into practical reporting methodologies, procedures, and controls.
• Monitor applicable capital adequacy frameworks, including relevant Basel standards and local regulatory requirements.
• Calculate and validate regulatory capital ratios, eligible capital components, regulatory deductions, adjustments, and applicable capital buffers.
• Review the classification and treatment of capital instruments in accordance with applicable regulatory rules.
• Calculate, analyze, and reconcile risk-weighted assets across relevant credit, market, operational, and other applicable risk categories.
• Review exposure classifications, risk weights, risk parameters, and supporting data used in regulatory capital calculations.
• Monitor capital positions against regulatory minimums, internal limits, management targets, and approved risk appetite thresholds.
• Identify potential capital shortfalls, reporting inconsistencies, and emerging regulatory risks, escalating material concerns through established governance channels.
• Support capital planning, forecasting, and scenario analysis to assess future capital requirements and financial resilience.
• Evaluate the impact of business growth, changes in asset composition, new products, and strategic initiatives on regulatory capital requirements where applicable.
• Coordinate with Treasury and Finance teams to assess capital resources, funding considerations, and balance sheet implications.
• Reconcile regulatory capital figures against financial statements, general ledger balances, risk systems, and supporting reporting schedules.
• Investigate discrepancies between source data, internal calculations, management reports, and regulatory submissions.
• Maintain detailed documentation of capital calculations, methodologies, assumptions, reconciliations, adjustments, and review outcomes.
• Prepare regulatory capital reports, management dashboards, and analytical summaries for senior management and relevant stakeholders.
• Ensure regulatory capital submissions are complete, accurate, properly reviewed, and delivered within required deadlines.
• Monitor changes in regulatory capital rules, supervisory guidance, reporting templates, and implementation timelines.
• Conduct regulatory impact assessments and coordinate the implementation of new or amended capital requirements.
• Perform gap analyses to identify deficiencies in existing capital processes, data sources, reporting systems, and internal controls.
• Develop and maintain regulatory capital policies, procedures, control matrices, reporting checklists, and operational guidelines.
• Establish effective review procedures, reconciliation controls, and approval workflows for capital calculations and submissions.
• Coordinate with Risk Management teams to ensure risk exposure data and capital calculations are consistent with approved methodologies.
• Review credit risk, counterparty risk, concentration risk, market risk, and operational risk inputs relevant to capital requirements.
• Support the assessment of model assumptions, risk parameters, and methodology changes where applicable.
• Assist with stress testing and sensitivity analysis to evaluate the impact of adverse scenarios on capital positions.
• Collaborate with Information Technology and data teams to strengthen data quality, traceability, and automation across regulatory capital processes.
• Participate in system upgrades, regulatory reporting enhancements, user acceptance testing, and capital calculation implementation projects.
• Validate data flows between financial systems, risk engines, capital calculation tools, and regulatory reporting platforms.
• Investigate recurring data quality issues and recommend preventive measures to improve reporting reliability.
• Support internal and external audits, regulatory examinations, and supervisory reviews involving capital adequacy and prudential compliance.
• Prepare audit evidence, regulatory submissions, calculation workpapers, reconciliations, and supporting documentation.
• Coordinate responses to regulatory queries and information requests with Finance, Risk Management, Compliance, and other relevant teams.
• Track regulatory findings, audit observations, and remediation commitments through to completion.
• Provide technical guidance to colleagues on regulatory capital requirements, calculation methodologies, and reporting controls.
• Explain capital movements, risk-weighted asset changes, reporting adjustments, and regulatory impacts to management and business stakeholders.
• Maintain accurate records of regulatory interpretations, compliance reviews, approvals, submissions, and remediation activities.
• Ensure confidential financial, risk, and regulatory information is handled in accordance with applicable data protection and information security requirements.
• Maintain professional knowledge of prudential regulation, capital adequacy standards, financial risk management, and regulatory reporting practices.
• Perform other regulatory capital, prudential reporting, financial analysis, and compliance-related 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 regulatory capital, capital adequacy, prudential reporting, financial risk management, or regulatory compliance.
• Strong understanding of capital adequacy frameworks, regulatory capital components, capital ratios, and risk-weighted asset calculations.
• Knowledge of applicable Basel standards and relevant UAE prudential requirements, where appropriate to the organization's activities.
• Experience preparing or reviewing regulatory capital returns and supporting documentation.
• Familiarity with credit risk, market risk, operational risk, and their implications for capital calculations.
• Experience with financial reconciliations, data validation, regulatory reporting controls, and capital-related analysis.
• Proficiency in Microsoft Excel and financial data analysis.
• Familiarity with regulatory reporting platforms, risk management systems, capital calculation 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 processes and controls.
• Excellent documentation, report-writing, 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 Basel, prudential regulation, regulatory reporting, or financial risk management certifications.

Key Performance Indicators (KPIs)

• Accuracy and completeness of regulatory capital calculations and returns.
• 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 regulatory change assessments and implementation activities.
• Number and severity of reporting discrepancies and control deficiencies.
• Timeliness of responses to regulatory queries and audit requests.
• Completion rate of remediation actions and regulatory commitments.
• Quality of capital analysis and management reporting.
• Improvements in reporting efficiency, data quality, and automation.