AVP, Treasury Middle Office and Market Risk Analytics

Full time @QNB in Banking

Job Detail

  • Job ID 171521
  • Offered Salary 0
  • Experience 2 Years
  • Gender Both
  • Qualifications Bachelor Degree

Job Description

The role reports into Head of Treasury Middle Office & Market Risk Analytics (TMO) and is intended to provide support for all Treasury Middle Office (TMO) processes and reporting. The individual will have a strong technical understanding of the control of Market Risk.  He will assess the completeness of the control framework and will define / refine the department’s processes to ensure all relevant risks are adequately monitored and controlled.

  • Monitor compliance with Market Risk limits.  Provide commentary explaining significant exposure / ratio/ VaR movements and communicate analysis to the Head of Market Risk
  • Manage & coordinate on on-going basis, all TMO periodic and ad hoc reports for Group’s trading book and Banking Book.
  • Improve the content and presentation of all reports produced and develop a Market Risk dashboard, providing senior management with a single page view of all key Market Risk statistics.
  • Develop the Bank’s capabilities for monitoring risk Group wide.
  • Refine the process by which individual entity and Group limits are monitored.
  • Support development and implementation of systems (as per Risk Architecture Plan) to ensure proactive Treasury Middle Office function.
  • Ensure valuations adhere to market best practice and are subject to regular price testing.
  • Support development of Portfolio and Market Risk measurement processes appropriate to the needs of the Bank.
  • Assist in implementing risk policy & controls that ensure transactions are carried out in accordance with approved policies/ limits and in compliance with regulatory and legal requirements.
  • Assist in developing qualitative assessments on the level of risks assumed and measured through empirical techniques and other appropriate tools, and recommend corrective actions to mitigate such risks.
  • Support the Bank’s preparation for adopting advanced market risk regulatory capital approaches.

– Masters degree preferably in finance, economics &/or quantitative subjects.

– Prefer Treasury market Specialization & / or Professional certification such as FRM, CPA, CFA.

– 8+ years of experience in international banking with specific focus on ALM, Market Risk and Liquidity Risk Analytics/Quantitative Methods.

– Knowledge of financial markets and products.

– Understanding of risk methodologies, interest rate modelling, VAR, and/or other complex financial risk modelling.

– Ability to work on targeted schedules and disciplined approach to follow reporting deadlines.

– Excellent oral and written communication skills in English.

– Adequate knowledge of IT systems/ applications.

– Good grasp on basic & intermediary risk concepts, banking products/ operations/ systems, pertinent regulatory requirements, International Accounting Standards and related pronouncements, including related best practices.

– Self-motivated, eye for detail.

– Flexible team player and able to work and deliver under pressure.

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