
Senior Market Risk Manager
15 hours ago
Seeking a highly skilled and experienced Market Risk professional to join our team as a senior manager.
About the Role:This is an exciting opportunity for a qualified candidate to oversee specialized risk management functions within a bank's Enterprise Risk Management practice.
Key Responsibilities:- Establish guidelines and policies on monitoring Treasury/Investment/ALM/Liquidity risk, including valuation of Treasury portfolios (Forex, Fixed Income, Derivatives, Equity) and limit monitoring.
- Provide independent support on mid-office monitoring for NOP, Fixed income, FIG, Derivatives, limit monitoring, and hedge effectiveness.
- Implement Capital charge and Counterparty Risk Charge, conduct technical analysis of Equities, Bonds, and Money market funds, and perform MTM reconciliation with counterparty banks.
- Prepare reports and Board notes on accurate and timely submission.
- Enhance methodologies for counterpart credit risk measures like PFE, CVA, and review banks' new products related to Market risk.
- Monitor and simulate LCR/NSFR and robustly monitor and report on Maturity of ALM products.
- Set limits for MAL/SAL using statistical modelling techniques and generate Interest rate risk on bank's book basis IRRBB or via Sensitivity Report analysis.
- Pricing/Hedging of banking products across asset classes (Rates, FX, Bonds) and well-versed with Stress testing of Liquidity and Interest rate risk.
A minimum of 6-8 years of relevant work experience in Middle East banks is required.
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