Market Risk Functions

Umm al-Quwain City, United Arab Emirates

Job Description

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ZEMYD CAREERS Are you a seasoned professional with a passion for navigating the intricacies of market risk within the banking sector? Our national bank in the UAE is seeking a highly skilled Internal Auditor to oversee market risk functions. If you possess a keen analytical mind, a deep understanding of financial markets, and a drive for excellence, we invite you to join the dynamic team. This role offers a competitive compensation package tailored to your experience, along with ample opportunities for professional growth and development Job Title: Internal Auditor - Market Risk Functions Job Details: In a UAE Bank or Large sized Bank from other countries Salary: Competitive compensation tailored to your current package and experience Qualifications: Degree in Economics, Finance, Management, Mathematics or similar, Post-graduate or Master degree in Markets, Financial Instruments or Finance is strongly preferred, A professional qualification in Market Risk Analysis/Management would be an added advantage Domain Experience /Skills: Minimum 5 years in the Market Risk Department of a Bank holding a junior managerial/supervisor level position, Highly numerate with strong data analysis academic experience , Develop and maintain the production of regular MI to support the monitoring and evaluation of market risk Key Risk Indicators, Surveillance of Treasury activities to ensure compliance with approved parameters for trading and the banking book, Reporting of market risk exposures derived from treasury activities, Development, validation, research, and other data analytics tasks, Measurement of the market risk appetite parameters, portfolio composition, trends and concentrations and report of breaches where relevant, Liaise with other departments of the Bank as required such as origination, market and credit risk, regulatory compliance, and finance, Assess new regulatory policies and their impact on market risk exposures, Back-testing Value-at-Risk to profit or loss to ensure effectiveness of the model, Experience in preparation of committee materials and other reports related to the Bank\xe2\x80\x99s market risk exposure, Knowledge of implementation and performing data quality controls of the market data captured by the Risk system, Participation in the market risk capital requirements calculation process under current regulatory frameworks, Participation in the implementation of the new IRRBB framework requirements and internal governance, and in the regulatory submission processes, Good understanding of Market Risk concepts and metrics (VaR, EVE/NII, scenario analysis, risk sensitivities, etc.), Good understanding of Capital Market activities and main instruments is desirable, Experience in auditing of market risk functions would be an added advantage, Effective Communication Skills including the ability to document and present results suitable for relevant audiences, Strong analytical skills Technical Experience: Well versed with MS word/MS EXCEL and related applications/MS Power Point presentations Projects Handled: Projects handled with strategic importance & Implementation projects If you are ready to take on this challenging and rewarding role, we encourage you to submit your updated CV to Careers@zemyd.com. Our team is eager to connect with talented individuals like you and help you take the next step in your career Connecting Talents to Success ZEMYD CAREERS! Job Type: Full-time Ability to Commute:
  • Umm al-Quwain City (Required)

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Job Detail

  • Job Id
    JD1640446
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Umm al-Quwain City, United Arab Emirates
  • Education
    Not mentioned