Manager - Treasury, Market, and Liquidity RiskEmbark on a journey where your unique contributions are celebrated, and your professional growth is embraced. At ADCB, we nurture a diverse, inclusive community where every voice is valued.About the business area:Group Risk ManagementADCB prioritises a disciplined approach to risk, recognising its fundamental importance to the Banks long-term organisational and financial resilience. Group Risk Management oversees the implementation of ADCB's risk objectives, identifying and addressing gaps in the bank's risk infrastructure/framework. Their responsibilities include nurturing the independence of the risk function, establishing provisioning policies, and introducing changes to energise risk awareness among front office personnel and decision-makers. Continuously tuning the risk organisation in line with market best practices, they manage ADCB's portfolio and associated risks to international standards, while establishing a clear risk culture across all areas of operation.We are actively seeking an ambitious professional to join our Group Risk Management team at ADCB to work alongside passionate colleagues who share your ambition to redefine excellence in UAE banking.In this role, your key responsibilities include: * Risk Limits Monitoring: Manage the production of reports by ensuring the team monitor results and escalate breaches of market risk and counterparty risk limits in order for remedial action to be initiated
Trading Book Valuation and Provisions: Manage to the development, implementation and monitoring of control measures to ensure dealer trading remains within individual limits and is restricted to approved derivatives and currencies Manage derivative value calculations to determine the appropriate financial provision to be raised
Banking Book: Liquidity and Interest Rate Risk: Manage the development and implementation of models to measure and monitor the Banking books exposure to interest rate risk to ensure remedial action is initiated when appropriate
Internal and External Reporting: Prepare market risk reports on improvements to Banking and product strategies in order to minimise the Banks exposure to market risk Ensure market, settlement and counterparty risk capital is calculated and submitted in order to demonstrate compliance to Central Bank requirements
Research: Collate research on industry leading best practices and share feedback with line manager to ensure that the Banks market risk methodologies and models are continuously developed and refined
People Management: Manage self and team in line with ADCBs people management policies, procedures, processes and practices to ensure adherence and to maximise own and employee contribution to business performance Organise and supervise the activities and work of the team to ensure that targets and objectives are achieved and the business plan is delivered in line with the required policies, processes, procedures and systems
Policies, Processes, Systems and Procedures: Implement approved departmental policies, processes and procedures, and ensure employee adherence so that work is carried out to the required standard while delivering the required standards of service to customers and stakeholders
Continuous Improvement: Manage and motivate the team to ensure they contribute to, and participate in, the identification and implementation of change initiatives, programmes and projects in line with the Banks standards
Customer Service: Demonstrate Our Promise and apply the ADCB Service Standards to deliver the Banks required levels of service in all internal and external customer interactions
SkillsThe ideal candidate should have the following experience:
At least 6 years of experience in a Market Risk department of an International Financial Institution
Bachelors Degree in Statistics, Mathematics, Finance or Commerce
Certificate in Quantitative Finance (CQF), Financial Risk Manager (FRM) or equivalent Professional Risk Management qualification
Strong understanding of Foreign Exchange Markets, Money markets, Derivatives, Fixed Income, Structures and Liquidity Risk Management Treasury Risk Modelling and Analysis Local and International Banking Regulations and Compliance Requirements General Risk Management Methodologies Knowledge of Bloomberg and Reuters Advanced Proficiency in MS Office Suite of Products Including Visual Basic Analysis (VBA) Macro Programming Written and Spoken English Analytical Skills
What we offer:
Competitive Salary: The indicative pay range for this role is AED 24,500 - AED 36,000 per month. Additionally, all employees are eligible to participate in one of our rewarding variable pay plans.
Comprehensive Benefits Package: This includes market-leading medical insurance, group life and personal accident insurance, paid leave and leave airfare, employee preferential rates on loans and finance facilities, staff discounts and offers, and children education assistance (for certain job levels).
Flexible and Remote Working Options: We understand the importance of work-life balance and offer flexible working arrangements, subject to eligibility and job requirements.
Learning and Development Opportunities: We value and facilitate continuous learning and personal development, through a variety of exciting learning opportunities, such as structured instructor-led courses, a comprehensive e-Learning catalog, on-the-job training and professional development programs.
At ADCB, we are dedicated to creating a respectful, caring and disciplined work environment that aligns with your career ambitions.