Senior Manager Jobs In Dubai 2023 | CBD

CBD

Senior Manager Jobs In Dubai 2023 | CBD

Accountabilities

  • Ensure model development, monitoring, and validation approaches meet regulatory expectations and internal risk management needs.
  • Establish a model monitoring and back testing framework, analyze the results and recommend necessary remediation actions.
  • Communicate with model users, trading desks and business lines to enhance models and ensure correct use of models.
  • Provide quantitative support to traders (in the risk modelling context), to ensure the successful integration of new products and pricing models.
  • Overseeing Treasury activities: Identify market and other treasury risks (including: Liquidity, Interest Rates, FX, Equity, Prices, Counterparty Credit) the Bank is exposed to and the sources, triggers and effects of these risks. Assess current measurement and monitoring processes, recommend enhancements where necessary and support Market Risk analysts in monitoring and mitigating activity in order to ensure market risk is managed within the appetite acceptable to the Bank.
  • Provide subject matter expertise in the deployment of new Treasury and ALM systems and the processes required for their ongoing use and maintenance from a models, market and counterparty risk perspective.
  • Ensure all models and related processes are appropriately documented with proper procedures and support the Head of Market Risk as required in the development of wider Market and Treasury Risk policies and procedures.

Experience

  • 10+ years banking experience of which at least 5 years in a position in Treasury risk and balance sheet modelling
  • Strong knowledge of VaR, PFE and IRRBB measurement and implementation.
  • Have a Deep understanding of treasury business, global capital markets and advanced market risk knowledge including fixed income, FX, IR, and commodity derivatives and their valuation methodologies.
  • Strong understanding of Treasury and Structured products.
  • Practical experience using different information systems (Bloomberg, Reuters).
  • Working experience in implementing treasury systems
  • Working experience with programming languages (C++, VBA and/or Python
  • Masters Degree in Finance, economics or mathematics

To apply for this job please visit www.careerjet.ae.

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