Majid Al Futtaim invites you to join us in our quest to create great moments for everyone, everyday! We are the leading shopping mall, residential communities, retail and leisure pioneer across the Middle East, Africa and Asia, serving over 560 million visitors a year. For the past two decades, we have shaped the consumer landscape across the region, transforming the way people shop, live and play, while maintaining a strong sustainability track record and the largest mall in the world to attain LEED Gold EBOM Certification. We have over 45,000 team members in 17 international markets representing over 100 nationalities – all keeping the customer at the heart of everything we do. If you enjoy being BOLD, PASSIONATE and TOGETHER, then Majid Al Futtaim is the destination for you.
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Director, Treasury & Capital Markets | MAF Holding | Internal Audit
Summary
ROLE SUMMARY:
The Director, Treasury & Capital Markets is responsible for providing independent assurance related to the establishment and maintenance of an enterprise-wide Capital Markets (including Private Equity and Green Financing), Investments, Mergers & Acquisitions and Treasury Governance and Risk Management framework that facilitates protection of the organization’s capital projects and assets, complying with applicable regulatory requirements across the geographical expanse of MAF businesses. The role holder will also be responsible for directing the Group Audit & Advisory Services function in developing, planning and executing a comprehensive audit program that is based on risk analysis and identified opportunities for process improvements. The incumbent is accountable for managing one or more audit project(s) or a portfolio in key risk areas.
Most importantly, the objective is to provide experienced functional perspective to adhere to best practices and policies, strengthen the risk management and reduce residual risk, ensuring effective and efficient audit engagement and remedial plans, and support Management with different points of views and suggestions.
In the capacity of third Line of Defense, the role holder is also accountable for working in an advisory capacity with MAF Holding and MAF Trust Treasury and Investments teams on related aspects, whether permanent or temporary.
Role
ROLE PROFILE:
Provide Subject Matter Expertise and contribute to the annual audit plan, based on a comprehensive risk assessment, and identified opportunities for process improvements.
Champion risk assessments of auditable entities within MAF Group audit universe to assist audit leadership develop the annual audit plan and risk assessment.
Direct the delivery of audit engagements (e.g., project monitoring, issue resolution, and escalation) to achieve planned objectives and goals.
Ensure that recommendations for improvement to governance, risk management, and control are balanced with broader organizational objectives and business objectives of other functions and/or departments.
Participate as an advisor on key business and strategic initiatives to evaluate the adequacy of controls impacted by the business initiative, as an independent and objective voice in governance, risk, and internal control dialogue.
Provide advisory services as required by Executive Management or by request of the Board of Directors via the Audit & Risk Committee.
Serve as a representative of the Group Audit & Advisory Services and cultivate effective partnerships with audit stakeholders. Work to remove organizational barriers and identify resources to maximize the effectiveness of the function.
Lead an independent Treasury and Capital Markets activities’ posture assessment of the organization and work closely with the stakeholders to develop practical action plans that satisfactorily addresses the key risks.
Review and provide assurance over designed governance and risk management framework.
Ensure independently the effective implementation of the framework across the enterprise through development and communication of appropriate policies and guiding development of procedures required for implementation of the policies.
Review and provide assurance over the adequacy of developed Treasury and Capital Markets training and awareness programs, along with the implementation of such programs across the Group.
Monitor Treasury and Capital Markets activities and closure by the technical teams. Work closely with the team on root cause analysis and on strengthening preventive and detective measures, as needed.
Define/implement a monitoring mechanism to ensure strict adherence to Treasury and Capital Markets standards, policies, and mandates.
Qualifications
Qualifications:
Bachelor's degree in Finance or Investments (Master's preferred).
18+ years of experience in Capital Markets, Investments, M&A, or Treasury.
5+ years of experience in a senior management role.
Active knowledge and experience with Capital Markets, Investments, M&A, or Treasury.
Strong analytical, problem-solving, and communication skills.
Excellent interpersonal and relationship-building skills.
Fluency in English and Arabic (French a plus).
What We Offer
At Majid Al Futtaim, we’re on a mission to create great moments, to spread happiness, to build, experiences that stay in our memories for a lifetime. We’re proud to say that over the past 27 years, we have built a reputation as a regional market leader in what we do. Join us!
Work from any country in the world for 30 days a year.
Work in a friendly environment, where everyone shares positive vibes and excited about our future.
Work with over 50,000 diverse and talented colleagues, all guided by our Leadership Model.
Seniority Level: Executive-Level
Job Functions: Software Development
Industries : Information Technology
