Company Description

Join the UAE\'s largest bank and one of the world\'s largest and safest financial institutions. Our focus is to create value for our employees, customers, shareholders and communities to grow through differentiation, agility and innovation.

We are looking for top talent and your success is our success. Accelerate your growth as you help us reach our goals and advance your career. Be ready to make your mark a top company, in an exciting and dynamic industry.



KEY ACCOUNTABILITIES:

• Develop a holistic understanding of interest rate/liquidity profile of banking products, market data and regulatory requirements underpinning the FTP.
• Apply mathematical, statistical and econometric techniques to identify customer/product behaviors and corresponding risks/opportunities.

Job Context

• Quarterly refresh and back-testing of behavioral models including but not limited to non-maturing assets/liabilities, loan prepayment, term deposit rollover and early redemption.
• Design and implement new behavioral model frameworks by using analytical tools such as SAS, SQL, Excel VBA in order to address regulatory and business requirements.
• Ensure that behavioral models are meeting the requirements of regulatory frameworks such as NSFR, LCR, IRRBB, CBUAE model management standards and guidelines.
• Periodical review and update of behavioral model practice guides.
• Identify opportunities to improve behavioral model and FTP systems. If a transformation is required, compile user requirements, plan and oversight implementation projects, perform UATs.
• Provide balance sheet analytics to address management and business queries around FTP, behavioral models and liquidity.
• Maintain and improve business FTP calculator in line with the latest FTP policy.
• Provide and maintain curves, behavioral and liquidity assumptions to treasury/risk systems such as OFSAA/FIS.
• Support the Head of FTP with BSMCO and GALCO related papers and initiatives.

Qualifications

• A Bachelor\'s degree in a quantitative field such as Economics, Quantitative Finance, Engineering, Statistics, Math, Business Administration etc.
• CFA or FRM professional qualifications will be preferred.
• 6 years\' experience in treasury or risk management ideally within the financial industry.
• Strong analytical and quantitative skills, critical thinking and decision-making capabilities.
• Good understanding of financial products and instruments.
• Experience with analytical tools such as SAS, VBA, SQL.
• Hands-on experience in interest rate/liquidity modelling is preferable.
• Strong sense of ownership with ability to work independently with limited supervision.
• Fluent in spoken and written English.

Additional Information

• Participate in policy/system transformation projects to address regulatory and business requirements surrounding FTP, liquidity and behavioral models.
• Provide balance sheet analytics and perform financial analysis to support management and business in FTP, liquidity and behavioral model related queries.
• Ensure FTP, liquidity and behavioral models are in line with regulatory frameworks such as NSFR, LCR, IRRBB, MMS&G.

First Abu Dhabi Bank