Home UAE Executive Director- Asset & Liability Management

Home UAE Executive Director- Asset & Liability Management

Executive Director- Asset & Liability Management

Full time at Asterix Communications in UAE
Posted on September 23, 2024

Job details

Job Description Core role is ALM Trader G10 & AED Price marker of wholesale liquidity. Market facing on short term liquidity instruments. Optimization of short term liquidity within liquidity risk appetite of the bank. Contribute to the interest/Basis risk positioning within market risk appetite of the bank. Market making of FX AED up to 1 month, maintaining no.1 market standing MBILL market maker. Contribute and assist the EIBOR process. Maximize desk process efficiency. Support economic value creation for the bank. Develop internal and external relationships. Contribute to cross function projects within a collaborative environment. Retain flexibility across the ALM business to ensure coverage.

KEY ACCOUNTABILITIES:

  1. Manage nostros, funding & interest rate gaps within liquidity and market risk appetite of the bank and regulatory requirements.
  2. Continually interface with desk head to ensure all positions are transparent and aligned to the strategic view.
  3. Enhance the FAB framework to ensure we maintain our position in the market.
  4. Work in a FAB team environment and align ALM business to FAB strategy.
  5. Support the sales and coverage teams continuously, keeping sales updated on development in relevant markets.
  6. Work with other international FAB centers to optimize group liquidity, ensuring one consistent FAB offering globally.
  7. Pass on experience across the FAB network, developing new trading strategies.
Specific Accountability: Contribute to FAB EIBOR, manage M-Bill dealership within the framework defined by FAB. The ALM team is independent to the core GM sales and trading teams.

FRAMEWORKS, BOUNDARIES, & DECISION-MAKING AUTHORITY:

  1. Capital and Market dealing conventions.
  2. Rules set by regulatory bodies affecting the Global business.
  3. FAB internal regulations / Risk Limits / Approved Products / Dealing Manual / Dealer Mandate.

Qualifications

Minimum Qualification: In depth knowledge of all financial market products and operations, proven track record on managing risk / liquidity effectively to deliver consistent financial performance, IT fluency / quantitative skills. Minimum Experience: 10 years' experience of trading and managing risk at a leading international bank. #J-18808-Ljbffr

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