Dubai Forums Dubai Classifieds Jobs in Dubai

April 11, 2014
Leading banks Abu Dhabi Commercial Bank (ADCB), Mashreq and Emirates NBD are hiring in the UAE.

According to job postings on portals, ADCB is looking for senior officers in their central processing department, relationship managers, head in policy and analytics, senior UAT support officer, resourcing officer in recruitment, trade sales manager, and products head in program lending.

The bank employs people from 47 countries and has an employee male/female ratio of 60:40.

Specific salaries have not been mentioned but the bank does state that its remuneration policies are designed to incentivise employees and are aligned to external best practice standards and are industry-benchmarked on a regular basis.

Besides, employees are part of a medical insurance scheme and many are also entitled to receive an education allowance to assist with employee’s children’s schooling costs.

Another popular local bank, Mashreq, is also looking to hire people in the UAE and Egypt.

Current personnel needed include head of strategy, credit managers, group product manager, manager - service quality & delivery and marketing communication & public relation manager among many others.

Mashreq stresses that its compensation and benefits packages are robust, reviewed annually to keep abreast with the market pay and practices.

The bank states that different variable pay programmes have been structured at the workplace from unique product-specific incentive schemes for the sales force to long-term incentive plans for the senior management. An annual bonus model linked to the bank’s overall performance to benefit the non-incentivised employees across all units of the bank is also in place.

Backed by effective performance management systems, their focus is on a ‘pay for performance’ approach where pay is directly attributable to the employee performance levels.

Emirates NBD is also looking for people across its various departments. The bank’s retail, finance, IT, compliance and other departments are looking for candidates.

At Emirates NBD, employees receive a total reward package, which is market competitive based on performance and experience. This package is made up of financial and non-financial rewards and consists of several elements.

One of the elements is contract-based pay (is dependent on market practice, the value one brings to the job and any special considerations). It also includes performance pay (designed to reward performance and contribution as well as the achievements of the bank).

In addition, the package includes financial facilities & benefits (financial facilities to employees at preferential interest rates as well as market competitive benefits); recognition (exceptional contributions are recognized with recognition awards) and development & career opportunities (to build knowledge, skills and gain the experience necessary to meet current and future business needs).

source: http://www.emirates247.com/news/emirate ... 1-1.545176

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