
Chief Market Risk Strategist
4 days ago
This is an onsite opportunity for the qualified candidate to be deputed at a leading financial institution in the GCC to manage specialized risk management functions within the Enterprise Risk Management practice.
The key functional expectations from the candidate will be:
- Establishing policies/guidelines on enhanced monitoring of Treasury/Investment/ALM/Liquidity risk
- Valuation of Treasury portfolios – Forex, Fixed Income, Derivatives, Equity and others
- Providing independent mid-office monitoring support on NOP, Fixed income, FIG, Derivatives, limit monitoring etc.
- Monitoring hedge effectiveness on a periodic basis
- Implementation and calculation of Capital charge and Counterparty Risk Charge
- Technical analysis of Equities, Bonds and Money market funds
- All types of limit monitoring with respect to treasury activities as prescribed in Internal and regulatory policies
- MTM reconciliation with counterparty banks for derivatives deals undertaken and making/responding margin calls in term of CSA arrangement with them
- Preparation of Regulatory and internal daily and periodical reports and Board notes on accurate and timely submission
- Enhancing methodologies for counterpart credit risk measures like PFE, CVA etc.
- Periodic review of banks' new products related to Market risk and provide risk mitigation controls
Key Skills and Qualifications:
- 6-8 years of relevant work experience for Middle East banks
- Robust knowledge of Market risk management and Liquidity risk
- Experience in implementing ALM/Market Risk system from end to end
- Pricing/Hedging of banking products across asset classes (Rates, FX, Bonds)
- Well-versed with Stress testing of Liquidity and Interest rate risk
- ICAAP, RAROC, FTP methodologies, RAS will be preferable
Benefits:
- Opportunity to work in a dynamic and fast-paced environment
- Chance to develop and enhance your skills in risk management
- Collaborative team environment with experienced professionals
Others:
- Please note that only candidates with the required qualifications and experience will be contacted for further evaluation
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