103- Financial analysts

Job Title: 

Financial analysts

Job Description: 

Financial analysts conduct quantitative analyses of information affecting investment programs of public or private institutions.

Summary: 

Financial analysts perform financial analysis and evaluation duties, independently, and of average difficulty. Assignments involve applying a thorough knowledge of established work methods and procedures and of pertinent regulatory or statutory provisions in performing assigned financial analysis and evaluation work. They also the full variety of financial and management problems which normally occur in corporate organizations. Maybe required to be licensed, registered or certified to be permitted to work by a government authority, agency or approved certifying body.

Tasks: 

Job activities and tasks include:

  • analyzing financial information to produce forecasts of business, industry, and economic conditions for use in making investment decisions
  • maintaining knowledge and staying abreast of developments in the fields of industrial technology, business, finance, and economic theory
  • interpreting data affecting investment programs, such as price, yield, stability, future trends in investment risks, and economic influences
  • monitoring economic, industrial, and corporate developments through analysis of information obtained from financial publications and services, investment banking firms, government agencies, trade publications, company sources, and personal interviews
  • recommending investments and investment timing to companies, investment firm staff, or the investing public
  • determining the prices at which securities should be syndicated and offered to the public preparing plans of action for investment based on financial analyses
  • evaluating and comparing the relative quality of various securities in a given industry
  • presenting oral and written reports on general economic trends, individual corporations, and entire industries
Knowledge: 

Comprehensive knowledge of the theory and principles of finance applicable to the full range of financial operations and transactions involved in the general activities of the various types of business corporate organizations

  • Comprehensive knowledge of financial and management organization, operations, and practices of such corporate organizations
  • Comprehensive knowledge of pertinent statutory or regulatory provisions including laws of the UAE and specific Emirates pertaining to financial and more general subjects including cultural understanding and awareness
  • Comprehensive knowledge of related economic, accounting, and legal principles
  • High level skills in using proprietary analytical or scientific software, expert system software, financial analysis software, information retrieval or search software, spreadsheet software as well as general database and management information systems software applications
  • Monitoring/Assessing performance of oneself, other individuals, or organizations to make improvements or take corrective action
  • Highly flexible to work effectively in a variety of situations and adapt to new ways of doing things
  • Significant consideration to relative costs and benefits of potential actions to choose the most appropriate one
  • -Developed skills in supervising others
  • Highly developed problem solving skills
  • Highly developed communication skills in writing appropriate for the needs of the audience including understanding complex written sentences and paragraphs in work related documents
  • Highly developed Information Communications Technology - Knowledge and use of relevant industry sector IT applications and programs
  • Highly developed time management skills - Managing one?s own time and the time of others
  • Highly developed team work or individual skills - job may require him/her to work alone or in conjunction with other support or related personnel
    • Work Context: 

    Financial work may involve regulation and surveillance by securities commission or like body. Typically work regular business hours, although there maybe requirements for weekend work or evenings, to complete projects and reports. They tend to spend most of their time working in offices and often review detailed and complex data and information. The work can be stressful when required to meet tight management set deadlines. May also,travel nationally and internationally to undertake research and to attend conferences and seminars.

    Education: 

    Bachelor degree in financial analysis or business administration or related discipline, higher qualification or equivalent.

    Required Work Experience: 

    5 years and above.

    Probable Employers: 

    Abu Dhabi National Bank, Technology Development Committee, Abu Dhabi National Bank, large finance and insurance companies, government agencies and authorities, Dubai Stock Exchange, Mubadala Oil and Gas

    Occupational Size: 
    Less than 5,000
    Expected Earnings: 

    Above the industry average

    Projected Growth: 
    Very good
    Alternate Titles: 

    Examples of job titles:
    Bond analyst - Investment analyst - Securities consultant
    Examples of some related occupations:
    Financial Analyst - Securities Analyst - Investment Analyst - Equity Research Analyst -
    Credit Products Officer - Operational Risk Analyst - Planning Analyst - Research Analyst
    - Real Estate Analyst

    UAE Industry Groups: 
    Business, administration, tourism, retail and leisure service
    International Careers(ISCO): 
    Similar O*NET Careers (USA) : 
    Source Of Info: 
    Occupations and Careers Handbook for UAE Nationals(Copyright NQA ). Referenced from New York University, Abu Dhabhi