Senior Analyst - Sovereign Debt Analysis

Overall Objective

Actively contribute to the development, implementation, and continuous enhancement of the Emirate of Dubai’s sovereign debt management framework. Provide in-depth research and advanced financial analysis to support debt sustainability, portfolio optimization, and risk mitigation. Promote analytical excellence and ensure compliance with approved laws, fiscal strategies, and international best practices, thereby supporting the Government’s objectives for prudent and sustainable public debt management.

Main Tasks & Responsibilities

• Policy Development and Governance:

o Support the development, maintenance, and implementation of the Public Debt Management Policy, ensuring alignment with international best practices and evolving market dynamics.

o Contribute to the periodic review and enhancement of policy frameworks to strengthen Dubai’s sovereign debt governance.

• Analytical Modelling for Sovereign Portfolio:

o Design, develop, and refine in-house quantitative models for cash-flow forecasting, scenario analysis, stress testing, and internal credit rating.

o Enhance analytical tools to improve portfolio management, debt sustainability analysis, and decision-making effectiveness.

• Debt Sustainability and Risk Strategy:

o Provide analytical insights and strategic recommendations to the FAO Director on debt sustainability, and risk mitigation frameworks.

o Support the formulation and implementation of strategies to maintain fiscal resilience and optimize debt structure.

• Internal Sovereign Credit Review:

o Assist in developing and maintaining internal sovereign credit-rating models to assess Dubai’s creditworthiness.

o Conduct periodic rating exercises and contribute to analytical reviews of macroeconomic and fiscal indicators.

• Stress Testing and Scenario Analysis:

o Perform sovereign debt stress-testing and scenario analyses to evaluate vulnerabilities under varying economic and financial conditions.

o Incorporate findings into risk management frameworks and policy recommendations.

• Risk Management and Monitoring:

o Develop and monitor risk-management objectives and thresholds for the sovereign debt portfolio based on internal rating and stress-testing outcomes.

o Ensure risk parameters remain aligned with Dubai’s fiscal and debt sustainability objectives.

• Reporting and Decision Support:

o Prepare analytical reports, dashboards, and policy briefs to support high-level decision-making and policy formulation.

o Deliver insights that enhance the transparency and effectiveness of sovereign debt management.

• Stakeholder Management:

o Collaborate with government entities, credit-rating agencies, financial institutions, and external advisors/consultants on sovereign creditworthiness.

• Team Leadership and Mentorship:

o Provide direction, coaching, and support to analysts within the Sovereign Debt Analysis Division to ensure timely, high-quality outputs and analytical excellence.

• Other Duties:

Undertake additional tasks as assigned by the FAO Director in line with the Division’s objectives and mandate.

Qualifications

Qualifications and expertise years

• Financial / Accounting Sciences/or any related disciplines
• (6) years of experience for the holder of bachelor’s degree or equivalent/ (3) years of experience for the holder of master’s degree in similar field of action.