banking jobs in UAE | Abu Dhabi Commercial Bank careers
Abu Dhabi Commercial Bank announced, through its Linkedin account, a bank job in UAE (Section Head - Treasury Market and Liquidity Risk) according to the following:
- Risk Limits Monitoring: Support in monitoring exceptions and breaches of prescribed market risk and counterparty risk limits in order to initiate remedial action.
- Trading Book Valuation and Provisions: Obtain market data from internal/external sources and conduct vetting of system generated derivative valuations to ensure the accuracy thereof Develop, implement and monitor control measures to ensure dealer trading remains within individual limits and is restricted to approved derivatives and currencies Conduct derivative value calculations to determine the appropriate financial provision to be raised.
- Banking Book: Liquidity and Interest Rate Risk: Develop and implement models to measure the Bank’s liquidity risk and conduct stress testing to ensure the Bank maintains adequate levels of liquidity aligned to Board and Basel requirements Develop and implement models to measure and monitor the Banking book’s exposure to interest rate risk to ensure remedial action is initiated when appropriate.
- New Product Assessment: Review new derivate products proposed by Treasury to ensure that the valuation methodologies and risk models used are appropriate.
- Internal and External Reporting: Provide input into market risk reports on improvements to Banking and product strategies in order to minimise the Bank’s exposure to market risk Ensure market, settlement and counterparty risk capital is calculated and submitted to the Central Bank in order to demonstrate compliance to Central Bank requirements.
- Advice and Guidance: Provide advice and guidance to business units to assist in validating methodologies and models, interpretation of policies, and execution of market risk processes and principles.
- Research: Conduct research on industry leading best practices and recommend improvements to ensure that the Bank’s market risk methodologies and models are continuously developed and refined.
- People Management: Manage self and team in line with ADCB’s people management policies, procedures, processes and practices to ensure adherence and to maximise own and employee contribution to business performance Manage the effective achievement of the team’s objectives through setting individual objectives, managing performance, developing the team and providing formal and informal feedback to maximise overall performance, engagement and motivation.
- Policies, Processes, Systems and Procedures: Recommend and implement improvements to departmental policies, procedures and processes covering all areas of activity so that all relevant procedural requirements are fulfilled while ensuring that ADCB delivers best-in-class services, products and innovation.
- Continuous Improvement: Identify opportunities to contribute to organisational and departmental change initiatives, programmes and projects taking into account best practice and standards in the business environment.
- Customer Service: Demonstrate Our Promise and apply the ADCB Service Standards to deliver the Bank’s required levels of service in all internal and external customer interactions.
- At least 9 years of experience in a Market Risk department of an International Financial Institution.
- Bachelor’s Degree in Statistics, Mathematics, Finance or Commerce.
- Certificate in Quantitative Finance (CQF), Financial Risk Manager (FRM) or equivalent Professional Risk Management qualification.
- Foreign Exchange Markets, Money markets, Derivatives, Fixed Income, Structures and Liquidity Risk Management Treasury Risk. Modelling and Analysis Local and International Banking Regulations and Compliance Requirements General Risk Management. Methodologies Knowledge of BLOOMBERG and REUTERS Advanced Proficiency in MS Office Suite of Products Including VBA Macro. Programming Written and Spoken English Analytical Skills.
To know more details about the vacancy and how to apply kindly check the link below:
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