Senior Manager - Market and Liquidity Risk

Job description / Role

Responsible for Bank-Wide Management ALM, Market Risk and Liquidity Risk.

GENERIC ACCOUNTABILITIES
- People management Manage, motivate & develop employees and the team in line with ABK people policies & practices.
- Corporate governance and compliance Work fully within risk policies and procedures and all compliance regulations

SPECIFIC ACCOUNTABILITIE
- Risk Analysis: Analytical analysis of Balance sheet highlighting risk concerns both on the assets side and funding structure i.e. identifying concentrations, lop sided growth in assets, evaluating risk return trade-offs, funding concentrations, reliance on high cost funds in the funding pattern etc., prepayment options both on the loans and deposits and impact on profitability.

Market Risk Analysis: Identifying measuring and monitoring all market risk in the bank:
- FX Risk
- Equity price risk
- Interest rate risk in banking book

- Risk tools and techniques: Set up measurement tools like the Value at Risk (VaR) and other tools like open overnight exposures, Notional exposures, Stop Losses, Maximum tenor, authorized currencies etc.
- Risk Control: recommending acceptable risk limits for each measure, depending on the risk appetite of the bank and get them approved by ALCO.
- Monitoring: Independently monitor adherence to limits and report exceptions.
- Interest Rate Risk: analyze each line in the balance sheet and understand the interest rate behavior by identifying the interest rate mismatch risk based on the re-pricing of assets and liabilities and underlying assumptions for quantifying the interest rate risk in the banking book are agreed upon and the gap statements are drawn accordingly.

Risk Recommendations: Responsible for recommending risk limits for the variability in the net interest margin by setting up:
- 1 bp sensitivity Limits
- Earnings at Risk Limits

- Risk Planning: Business Plans reviewing the business and funding plans at the time of the budgeting process and analyze the impact of future growth on the overall balance sheet and funding mix. The impact of projected growth on the profitability is also analyzed keeping in view the peer positioning and expectations.
- Liquidity Risk: setting up measures for quantifying and monitoring liquidity risk also laying down policies for liquidity risk management and contingency planning.
- Liquidity Measures: Setting measures to quantify and monitor liquidity risk eg. Liquidity ratios, liquidity at risk, liquidity gaps etc.
- Risk Process: review of the funding mix identifying deposit concentration, reliance on wholesale funding, high cost of funding vs. peers and market rates etc.

Requirements

- Bachelor Degree /CA/ Master/MBA with experience in Finance or Banking
- 7- 10 years of Risk experience
- Liquidity assessment and processes

Job success factors
- Effective identification of risk and early reporting
- Effective relationships with users in addressing risk issues
- Clear risk manuals, well written procedures
- Accurate assessments, reporting and reports
- Effective testing of new products and processes
- Effective use of techniques and tools

Knowledge:
- credit risk, financial risk, market risk
- Banking systems, corporate banking and consumer banking.
- Risk assessment tools and methodologies

About the Company

Confluence International HR (CIH), Dubai, has been promoted by experienced professionals with extensive and varying industry experience in India

Our India operations has been operating under the name of Confluence Consulting India PvtLtd has been in the executive search business for more then a decade. It is a Mumbai based firm with an operating branch in Delhi. In addition we manage another entity called Jobs for Youth which focusses on graduate hiring / early career job opportunities with bulk hiring or hire-train-deploy model.

Combining the experience and comprehensive capabilities of the core team members, CIH looks to partnering with clients in UAE / GCC to help them become high-performance businesses by employing top quality talent from the domestic and International markets.

Our team of consultants has relevant industry experience and domain knowledge with in-depth understanding of your needs, and the ability to comprehensively assess candidate capabilities

At CIH we believe that our search for the right person for the right fit never stops, we balance human emotions and professional expectations. 2