Manager - Model & Analysis-ALM

The purpose of the Model and Analysis Team is to provide a Group Wide oversight on the Banking Book Asset Liability Management (ALM), specifically Liquidity Risk Management, Interest Rate Risk in the Banking Book (IRRBB), Funds Transfer Pricing and the regulatory/Basel compliance in the ALM domain.

The Unit is responsible for measuring, monitoring and formulating limit framework for the Banking Book liquidity and IRRBB ; FTP methodology, Business engagement & implementation , Regulatory compliance on Liquidity, IRRBB including LCR, NSFR, IRRBB – EVE, ALM Model ownership, development, implementation & policy integration.

This Manager Manager, ALM Model & Analysis is responsible for managing the ALM Model lifecycle & ALM analysis to meet regulatory, analytical and control needs across the Group.

Key Responsibilities:

• Develop/ maintain ALM Model for liquidity & IRRBB risk and FTP models in compliance with regulatory requirements.
• Be responsible to execute tasks required by the Model Owner in the overall Model Governance i.e. coordinate & ensure delivery by all stakeholders of the Model management process
• Engagement with Model Users, Model Validators (internal / external), regulators & internal stakeholders
• Maintain the models, perform back-testing, calibrate (as required), produce model reports & manage exceptions.
• Group-wide model development & ownership role and necessary alignment with international entities.
• Support the ALM System (various Modules such as Static / LCR/ NSFR/ IRRBB etc.) with respect to model & methodology implementation and analysis
• Execute special analytics, scenarios to facilitate ALM policy & decision making
• Engagement with IT, ALM System vendor & internal (business / finance) stakeholders

Skills and Experience

• Bachelor’s Degree or Equivalent
• Statistical & Data Management qualifications
• Experience in Model Development & Data Management
• Experience in ALM Model development
• Experience in Banking industry
• Preferred Regional experience
• Exposure to Treasury, Risk, Treasury-Finance
• Strong knowledge of Statistical & modelling methodologies
• Knowledge of programming techniques & tools e.g. SAS, Phyton, R,
• Strong Data Management & Analytical capabilities
• Strong ALM functional understanding

There’s never been a better time to join Emirates NBD.

We’re one of the region’s most recognizable brands. We’re banking innovation leaders. We’re growing across both the UAE and our global offices. We offer a huge range of professional development opportunities to accelerate your career. It also goes without saying that we provide extremely competitive rewards, benefits and perks too, like our flexible work policy so you can work from home whenever it suits. At ENBD, we encourage interested candidates to review the key responsibilities and qualifications for each role and apply for positions that match their skills and capabilities.