Home UAE VP, Technology Risk Management for Global Markets

Home UAE VP, Technology Risk Management for Global Markets

VP, Technology Risk Management for Global Markets

Full time at a Laimoon Verified Company in UAE
Posted on September 18, 2024

Job details

VP, Technology Risk Management for Global MarketsFull-timeDivision: GCOOReady to join our exciting transformation at the biggest bank in the Middle East? Now is your chance! By being part of our journey here at FAB, you can make a real impact on customers, employees, shareholders, and communities. In return, you'll have everything you need to be part of the #growstronger movement. If you're looking for a career that will help you stand out, kindly apply.With Global Markets becoming one of the most regulated and scrutinized departments of financial institutions, the risk department has grown to play a vital role in ensuring constantly evolving regulations and ever-increasing controls are in place. This translates into a requirement to have a very strong candidate leading the Risk Service practice within the Global Markets Service team to help deliver the level of technology support and sophistication such a department requires.Key Responsibilities:Work closely with business in identifying, developing, and executing a roadmap to implement risk solutions for the next 3-5 years, considering ongoing regulatory changes and impacts.Lead the Risk service team of Global Markets into closing all the backlogs of issues and change requests.Assist the team in increasing its productivity by at least 40% by implementing structured procedures and developing KPIs.Identify areas of improvement and opportunities to reduce costs, both on the business as well as technology side, through increased automation, process enhancements, and implementing innovative solutions.Minimum Requirements:Minimum 10 years of experience in supporting and developing systems for the risk teams of Global Markets.Sharp knowledge of the risk functions, systems, and processes related to Global Markets such as credit exposures, VaR, xVA, collateral management (IM & VM), stress-testing, CCR, RWA, etc.Acute understanding of the different risk-related regulations such as EMIR Initial Margin, SA-CCR, FRTB, etc.Experience in implementing and supporting risk solutions within large financial institutions for credit and market risk.Excellent knowledge of Global Markets products and processes, front to back.The candidate should possess either a postgraduate degree or qualification in Information Systems / Engineering / Business Administration.Proven record of managing large scale risk systems for Global Markets.Strong leadership skills in managing and developing a team.Good understanding of the financial markets, trading, and banking solutions.Strong organizational skills coupled with the ability to influence decisions and make an impact.Candidate must display strong verbal and written communication skills.

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