Are you a highly driven Emirati banker with 3+ years of experience? The FAB " Future leaders program – FLP " “ قادة المستقبل ” Program is tailor-made for you.

The 2-year learning and development journey offers personalized coaching, hands-on training, and expert mentorship to accelerate your career progression to a senior leadership role.

Generic Accountability

•  Act in consonance with the Group’s vision and mission to facilitate the organizational objectives of growing stronger
•   Ensure the achievement of the bank’s business plans by optimizing risk adjusted performance of Global Markets
•   Provide an assurance to the GCRO through the Head of Market and Liquidity Risk that all material market risks pertaining to Global Markets have been identified & monitored and mitigation strategies put in place wherever required.

Job Specific Accountabilities

• Ensure correct monitoring and reporting of all market risks is done on a daily basis.
• Ownership of projects pertaining to market risk control.
•  Production of all Risk MIS related to the Global Markets Area.

Specific Accountability

·       To be successful in the position, the candidate will have excellent analytical and investigative skills together with the necessary Supervisory and Management skills. They must be able to communicate with a variety of divisions within the Bank, respond to the dynamic nature of an International Treasury and Global Markets division whilst being able to meet challenging daily deadlines.

·      Ideally the candidate will have a good understanding of the broad range of Treasury asset classes (FX, Interest Rate, Equity, and Commodity) and a good knowledge of portfolio risk management concepts related to the trading of Money Market and Derivative products.

Reporting and Reconciliation

Assist in the production and automation of daily and periodic market risk reporting parameters of the Group Treasury and the Global Markets divisions.

·        Participate in the production of market risk breach documents with explanation.

·        Production & distribution of the daily limit reports to the applicable business areas.

·        Production of all Risk MIS related to the Global Markets Area.

·       Actively ensuring that dealing manual, desk & dealer mandates & Approved Product Lists are adhered to for the Trading Desk.

·       Ensure the completeness of the system risk profile occurring from the upstream flow of front office dealing platforms.

Business areas concerned cover, FX & Rates, Credit & Alternatives, Liquidity management, Non Linear and Derivative Trading.

Market Risk parameters include: VAR, Delta, CS01, Vega etc.

System Enhancements

·        Propose system enhancement for better risk monitoring and/or work efficiency.

·        Oversee/contribute to automation developments and new business initiatives within risk control framework.

·        Conduct process gap analysis and outlook improvement processes. 

Further duties

·        Active involvement as appropriate in new business initiatives/new product introductions/new systems introduction.

·        Any other duties which management require.

Minimum Qualification

•  Bachelor’s degree in Finance or Economics.
•  Professional certification like FRM or CFA would be an added advantage

Minimum Experience

•   3 years’ relevant experience in the banking sector in the Market Risk or Treasury function.

Other essential requirements

•   Experience of having extensively worked on Murex platform for market risk management.
•  Knowledge of financial markets and multiple assets classes (Fx, fixed income, equities, commodities)
• Ability to work accurately under pressure to tight deadlines.
• Strong inter-personal skills in order to interact confidently with senior management
• Demonstrate knowledge and ability within programming languages such as VBA and Access

The purpose of this role is to be actively involved in the supervision, control and reporting of Transactions and Positions of Market risk emanating from the activities of the Global Financial Markets desks.