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.



JOB PURPOSE:

The selected candidate will assist the Head of ALM Risk Control and International ALM Risk to drive an effective monitoring and oversight mechanism of FAB Liquidity & Funding Risks.

The job holder will be responsible for the comprehensive monitoring and analysis of FAB Liquidity position to ensure a proper and effective implementation of the Group Liquidity strategy. The function takes into account the liquidity aspects of the current situation as well as the forward-looking aspects and key vulnerabilities.

Additionally, the candidate will prepare relevant risk reports and closely manage the escalation workflow for breaches.

KEY ACCOUNTABILITIES:

Job Specific Accountabilities

Liquidity Risk & Funding Oversight

• Provide an independent oversight to the Bank\'s adherence to the Liquidity Risk framework
• Measure, monitor & report liquidity risk metrics (Regulatory, Internal as determined by ALCO)
• Monitor Intraday Intergroup lending limits
• Manage an effective breaches escalation workflow
• Generate stress testing reports (impact) for Liquidity Risk
• Daily Intergroup Reporting.
• Daily risk reporting of ALM metrics
• Analysis of High Quality Liquid Assets Portfolio with respect to liquidity movements and regulatory compliance on LCR and IRRBB, portfolio statistics and average weighting.

Risk Management Systems & Projects

• Direct engagement in the enhancement process for the current ALM systems to improve business operations & processes
• Provide the required support to implement new ALM modules
• Collaborate with the ALM Risk team to ensure the achievement of the ALM risk projects within the timelines

Relationship Management

Partnering effectively with all relevant stakeholders (such as Group Risk, Group Treasury and ALM desk, etc.) with the highest standards of business ethics, whilst promptly attending to all critical issues in-order to ensure the services required by the organisation are delivered in the most effective manner.

Qualifications

Minimum Qualification

• Bachelor\'s Degree or Higher in Management, Banking or Finance, preferably with certification in risk management.

Minimum Experience

• 3 years of business experience preferably in Market & Liquidity Risk management and/or MLR Audit in a reputed bank
• Strong understanding of Balance sheet, Global market and Treasury products
• Good knowledge and grasp of banking practices, financial markets, Basel III and products at a higher level and awareness of the country regulatory framework

First Abu Dhabi Bank