Trading Risk Managment Manager - Market Risk

1. JOB PURPOSE

Providing proper monitoring, reporting and support to the Market Risk department to ensure that day to day activities are in place. Main tasks are to prepare all market risk reports covering all Global Markets activities including FX options, NDFs and Derivatives as well as Treasury activities including Money Market, Fixed Income & Foreign Exchange. ensure proper assessment of Trading portfolio and work in coordination with the Market Risk team to support timely delivery of preparatory analytics to facilitate meeting the Department’s objectives and to comply with ADIB’s internal policies and procedures.

1. KEY ACCOUNTABILITIES

• Prepare Market Risk daily, weekly, monthly reports in line with policies and instructions.
• Retrieve, update and analyze Market Risk data as required by direct Manager.
• Prepare Market Risk measurement reports for Fixed income, Money Market & FX.
• Monitoring and reporting Global Markets portfolio including derivatives & FX options.
• Monitoring Treasury Portfolio / Trading limits and escalate breaches to direct manager.
• Monitor FX overnight / intraday positions.
• Perform periodical stress testing on Treasury portfolio.
• Be engaged in the preparation of CBE reports, RCSA and other assigned tasks.
• Report all non-compliance activities related to the market risk standard and submits to Head of Market risk to take corrective actions.
• Accountable for providing independent MTM month-end valuation as per prescribed policies and processes.
• Provide and source information as needed through coordination with stakeholders. These include analytical work, reconciliations, quality assurance, data cleansing, system implementation / upgrades and other tasks as they arise.
• Report any issues arises from Treasury system and follow up till closure.
• Support the team with the Business Continuity Plan and its continuous update and staff readiness.

QUALIFICATIONS:

Academic and professional qualifications

• Bachelor degree from a reputable university.

Experience and other requirements

• Basic Qualifications :
• Excellent Mathematical background and analytical skills.
• Excellent Computer Skills (Word, Excel, PowerPoint)
• Very Good writing skills in Arabic and English
• Years of experience:
• Min 6 years of experience in financial institutions with at least 3 years in Market Risk or relevant experience.