Svp & Head Of Balance Sheet Management

Abu Dhabi, United Arab Emirates

Job Description

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.



To manage the Group\'s balance sheet and liquidity risk framework monitoring and impact analysis, and protect earnings in line with policy and risk appetite, to support the long-term growth aspirations of the Board whilst ensuring optimal financial performance for its shareholders, in compliance with domestic and international regulations.

KEY ACCOUNTABILITIES:

Strategic Contribution
  • Ensure effective cascading of the functional strategy into department business plans to ensure vertical alignment and horizontal integration with other interfacing departmental strategies.
People Management
  • Manage the effective achievement of assigned objectives through the leadership of the department by setting of individual objectives, managing performance, developing and motivating staff to maximize sectional performance.
  • Lead the talent development initiatives for the assigned department, collaborating with technical/discipline experts and thereby ensure the availability of talent to fit business requirements.
  • Act as a role model and drive adherence to organizational values and ethics by employees of the assigned department to foster a value driven culture within the bank.
Budgeting and Financial Planning
  • Manage the preparation and recommend the department budget and monitor financial performance versus the budget while ensuring all sectional activities are conducted in line with the approved guidelines.
Policies, Systems, Processes & Procedures
  • Manage and ensure effective implementation of treasury functional policies, procedures and controls covering all areas of assigned department activity so that all relevant procedural/legislative requirements, fulfilled while delivering a quality, cost-effective service.
  • Maintain a framework of procedures with respect to operational risk monitoring to manage and report related risks in the balance sheet management department.
Funding Framework and Liquidity Management
  • Develop and maintain the Group\'s liquidity and contingent funding framework inclusive of all policies, governance and inter Group limits to ensure compliance with both domestic and international regulatory requirements.
  • Develop and maintain a funding strategy policy that aligns with the growth aspirations of the Group but also delivers a roadmap towards full compliance on the Basel iii LCR/NSFR ratio\'s.
  • Ensure other regulatory / rating agency considerations on issues such as recommended liquidity risk profile / currency and maturity mix of funding / investor diversification / other concentration issues are considered,
  • Provide analysis of liquidity risk exposures to Group Market Risk to allow them to take appropriate action regarding their function and to add value and protect earnings considering interest rate outlooks.
  • Lead the developing of extensive stress test scenarios on the Group\'s liquidity position that aim is to gain a better understanding of key drivers of liquidity stress.
Quantitative Risk Management (QRM) System
  • Oversee the provision of assistance and guidance on the FTP (Fund Transfer Pricing) / ALM (Asset Liquidity Management) technical requirements for the QRM system to allow for identifying, measuring and reporting the FTP, Group liquidity/funding risk.
Net Interest Margin (NIM)
  • Oversee continual analysis of the balance sheet leading to recommendations on strategic hedges to protect area\'s such as the Banks overall Net Interest Margin and foreign currency exposures, in line with policy and risk appetite.
  • Lead the impact analysis of business line product pricing proposals on Net Interest Margin and liquidity positions in order to ensure the impact is identified, highlighted and communicated to the relevant stakeholders for decision making.
Fund Transfer Pricing
  • Maintain a Funds Transfer Pricing methodology on an ongoing basis considering international/domestic developments and ensuring consistency with overall strategic business and economic objectives.
  • Ensure that FTP is correctly capturing and insulating all businesses from market risk which should be centralised in GM (Global Markets).
  • Sign off on FTP curves based on the delegation of authority, in order to for it to be presented to G-ALCO (Global Asset Liability Committee) on a monthly basis and represent the Group Treasurer at the G- ALCO as required.
  • Lead the communication process of the approved FTP curve on an ongoing basis to all business departments within the Group to create awareness, transparency and reliability of information.
Relationship Management
  • Oversee key relationships with the Group\'s internal and external stakeholders (rating agency, regulators, etc.) for related work, to ensure that these relationships continuously serve the Group\'s best interests and support the achievement of the strategy.
Continuous Improvement
  • Lead the identification of opportunities for continuous improvement and sustainability of systems, processes and practices considering global standards, productivity improvement and cost reduction.
Reporting
  • Ensure that all departmental reports are prepared timely and accurately and meet Group requirements, policies and quality standards.
Qualifications

Minimum Qualification
  • Bachelor\'s degree in Finance, Accounting, or related discipline.
  • Master\'s degree in Business Administration or related discipline, is preferred.
Minimum Experience
  • 10 years\' relevant experience in the banking sector with at least 4 years in similar positions of progressively increasing managerial responsibilities in the treasury/ liquidity management function.

First Abu Dhabi Bank

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Job Detail

  • Job Id
    JD1601190
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Abu Dhabi, United Arab Emirates
  • Education
    Not mentioned