MARKET RISK MANAGER

Full time at a Laimoon Verified Company in Saudi Arabia

Posted on May 1, 2024

Job details

Our client is a major name in Saudi Arabia's banking and business world. It has grown from a strong base, focusing on serving the needs of the nation and its citizens, contributing to the Kingdom's construction and development, and always operating within the framework of Shariah principles.The Bank has the largest branch network distributed throughout the Kingdom, the largest ATM network and over 8000 POS installed with merchants all over the Kingdom.ROLE PROFILEJOB TITLE : Market Risk ManagerREPORTS TO : Head of Risk ManagementFUNCTION : Management of Market RiskPURPOSE STATEMENT:- Identifying and analysing all market risks within the group, enabling them to be transparently understood by management;- Helping develop strategies to mitigate them in line with agreed risk appetite and ensuring that an appropriate level of capital is maintained.PRINCIPAL ACCOUNTABILITIES:- Identifying market risks - Working with business units to identify innovative and cost-effective hedging solutions to new products, within agreed risk appetite.- Develop complex hedging solutions.- Investigate the balance sheet to ensure all market risks are identified and understood including short derivative product positions where contingent market risks exist.- Ensuring that macroeconomic early warning indicators are identified and the impact on pricing and hedging decisions are understood.- Market risk measurement - ensuring measurement techniques are correct and appropriate and suggesting alternatives where necessary.- Market risk policy and procedure governance - ensuring market risk policies are meeting group standards and supporting the implementation of regulatory change projects.- Communicate with group risk and other areas as required to identify and react to new requirements. Job Specification Minimum RequirementsThe Candidate should have the following profile :- Bachelor's degree, preferably in Commerce.- 5+ years of market risk management and balance sheet modelling.- Strong product knowledge and retail banking experience.- Understanding mechanisms for quantifying and hedging direct and indirect market risks and opportunities to drive innovative new product and strategy development.- Strong knowledge of market risk management models and measures including VaR, Earnings at Risk, economic capital etc.- Strong knowledge of derivative and structured products (swaps and options).- Strong knowledge of stochastic processes including Monte Carlo analysis of interest rates and other indicesCompensation PackageSalary: NegotiableOther Benefits: Medical Insurance for employee and dependents, paid vacation with return air tickets ( as per Bank?s policy ) for self, spouse and two minor children. Plus other benefits as per Banks policies. Information Technology and Services - Lahore, Pakistan

#J-18808-Ljbffr Controlling

Apply safely

To stay safe in your job search, information on common scams and to get free expert advice, we recommend that you visit SAFERjobs, a non-profit, joint industry and law enforcement organization working to combat job scams.

Hiring company

Confidential

Improve your chance to get this job. Do an online course on Marketing starting now.

Marketing and Sales Course Line

AED 89
~~AED 1,322~~

Duration: Upto 1 Hour

Enrol
14 Authority Sites For Amazon Marketing NextGen Learning

AED 45

Duration: Upto 1 Hour

Enrol

See all courses

See All MARKET Jobs

MARKET RISK MANAGER

Job details

Apply safely

Hiring company

Confidential

Market Analyst

Market Analyst

Market Research And Intelligence Lead

Market Research And Intelligence Lead

Marketing Research Analyst / Behavior Science Specialist

Marketing Research Analyst / Behavior Science Specialist

Manager Mega Projects

Manager Mega Projects

Management & Professional Trainer

Management & Professional Trainer

IT-Cybersecurity Identity and Access Management Specialist

IT-Cybersecurity Identity and Access Management Specialist

Planning & Performance Management Analyst

Planning & Performance Management Analyst

Lead Planning & Perfformance Management Analyst

Lead Planning & Perfformance Management Analyst

Environmental Engineering Specialist - Waste Management And Circularity

Environmental Engineering Specialist - Waste Management And Circularity

Jv Manager

Jobs

Courses

Location

Follow us

Home Saudi Arabia MARKET RISK MANAGER

Home Saudi Arabia MARKET RISK MANAGER

MARKET RISK MANAGER

Job details

Apply safely

Hiring company

Confidential

Similiar Jobs that might interest you

Market Analyst

Market Analyst

Market Research And Intelligence Lead

Market Research And Intelligence Lead

Marketing Research Analyst / Behavior Science Specialist

Marketing Research Analyst / Behavior Science Specialist

Manager Mega Projects

Manager Mega Projects

Management & Professional Trainer

Management & Professional Trainer

IT-Cybersecurity Identity and Access Management Specialist

IT-Cybersecurity Identity and Access Management Specialist

Planning & Performance Management Analyst

Planning & Performance Management Analyst

Lead Planning & Perfformance Management Analyst

Lead Planning & Perfformance Management Analyst

Environmental Engineering Specialist - Waste Management And Circularity

Environmental Engineering Specialist - Waste Management And Circularity

Jv Manager

Why are you reporting this job?

Laimoon Job Alert fresh jobs directly from websites*

Jobs

Courses

Location

Follow us