Senior Risk Analyst

Support and work closely with the Head of Market & Traded Credit Risk and other members of the team to develop and implement market & traded credit risk management policies, processes, and procedures for the bank.

Responsibilities

• Implement strategies to measure, report and control market risk and counterparty credit risks emanating from Treasury related activities.
• Monitor the investment guidelines for the Asset Management business and serve as support to the designated ‘Risk Officer’ for the company Capital.
• Support the designated ‘Risk Officer’ for ‘the company Securities’ company in monitoring & preparation of report risks as per applicable rules & regulations prescribed by Securities & Commodity Authority (SCA’s) of UAE.
• Quantify market risks and calculate required capital charge as per CBUAE/Basel requirements on a periodic basis.
• Assist in the running, analyzing, and monitoring of Value at Risk and Pre-Settlement Risk Exposure (PSRE) exposure computation process.
• Monitor trading risk and counterparty credit risk exposures against approved limits, including investigating and reporting any excess for approval.
• Review new products and business initiatives from a market risk perspective and contribute to the department's BCP and Risk Control and Self-Assessment (RCSA) exercise.

Requirements

• At least 3-5 years of experience in banking with exposure to Treasury.
• At least 2+ years in market risk related functions.
• Degree in Finance, banking studies or any relevant commercial discipline.
• Excellent computer skills (especially Excel, Visual Basics, SQL etc.).
• Strong analytical skills and knowledge of Financial Risk Management.

Location
United Arab Emirates