JOB PURPOSE: To monitor risk limits and control measures and contribute to the development of market risk models and reports in order to ensure the bank\xe2\x80\x99s exposure to market risk is maintained within Board approved limits and regulatory requirements
ACCOUNTABILITIES
1. Risk Limits Monitoring: Produce reports, monitor results and escalate breaches of market risk and counterparty risk limits to line manager in order for remedial action to be initiated 2. Trading Book Valuation and Provisions : Contribute to the development, implementation and monitoring of 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
3. Banking Book: Liquidity and Interest Rate Risk: Assist in the development and implementation of models to measure and monitor the banking book\xe2\x80\x99s exposure to interest rate risk to ensure remedial action is initiated when appropriate
4. Internal and External Reporting: Assist in the preparation of market risk reports on improvements to banking and product strategies in order to minimise the bank\xe2\x80\x99s exposure to market risk Ensure market, settlement and counterparty risk capital is calculated and submitted to line manager in order to demonstrate compliance to Central Bank requirements
5. Research:
Conduct research on industry leading best practices and share feedback with line manager to ensure that the bank\xe2\x80\x99s market risk methodologies and models are continuously developed and refined
6. Policies, Processes,Systems and Procedures: Adhere to all relevant organisational and departmental policies, processes, standard operating procedures and instructions so that work is carried out to the required standard and in a consistent manner while delivering the required standard of service to customers and stakeholders
7. Self-Management :Manage self in line with the bank\xe2\x80\x99s people management policies, procedures, processes and practices to ensure adherence and to maximise own contribution to business performance
8. Customer Service: Demonstrate Our Promise and apply the ADCB Service Standards to deliver the bank\xe2\x80\x99s required levels of service in all internal and external customer interactions
Skills
Minimum Experience: At least 5 years of experience in a market risk department of an international financial institution Minimum Qualifications: Bachelor\xe2\x80\x99s Degree in Statistics, Mathematics, Finance or Commerce Professional Qualifications : CQF, FRM or equivalent Professional Risk Management qualification Knowledge and Skills :Foreign Exchange Markets, Money markets; Derivatives; Fixed Income; Structures and Liquidity Risk Management Treasury Risk Modeling 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