banking jobs in UAE | Emirates Development Bank (EDB) careers
Emirates Development Bank (EDB) announced, through its Linkedin account, a bank job in UAE (Head,Balance Sheet Management) according to the following:
- To provide comprehensive analytical decision support capabilities as it pertains to planning and forecasting balance sheet usage and associated impacts on income, with a focus on net interest income.
- Enact a capital and liquidity management advisory program and proactively assess the financial impact of key market risks ( interest rates, credit, commodities and foreign exchange) as it pertains to the bank’s exposure.
- Establish (minimum monthly) a comprehensive balance sheet forecast and associated sensitivity analysis from an income perspective.
- Implement Funds Transfer Pricing (FTP) into EDB and act as operational owner which includes extensive liaison with Business Units and Risk on its design, application and outcomes.
- Provide an annual capital and liquidity plan as part of the budget process and provide regular (quarterly minimum) updates to CFO, EXCOM and ALCO on effectiveness.
- Provide advice to CFO, EXCOM and ALCO on ways to optimize Net Interest Margin including assessment of market opportunities in relation to deposit and debt raising, asset pricing and origination, and divestment.
- Provide market intelligence updates to CFO and EXCOM using best industry practice such as Day 1 valuation of new transactions.
- Act as overall owner of the Risk Adjusted Pricing model. Verify it as fit for purpose, train Business Units on its use and maintain records in relation to new transaction pricing outcomes.
- Regularly engage with asset and liability writers across the bank to ensure the pipeline of new transactions is informing and maintaining accuracy of balance sheet and off sheet balance sheet forecast usage.
- Proactively educate and explain FTP design, application and outcomes to asset and liability writers and be accountable for its accuracy as captured within the bank’s internal financial performance assessments.
- More than 15 years experience in Banking and/or Financial Services
- Finance, Treasury, Structuring and/or Risk Management roles at a senior level
- Strong understanding of financial markets and treasury risk management.
- Valuation and risk management of financial transactions and portfolios.
- End to end understanding of Finance Management of Treasury and Global Market businesses.
- Advanced analytical skills combined with clear concise communication.
- Executive presence in terms of presentation skills, influencing and negotiation.
To know more details about the vacancy and how to apply kindly check the link below:
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