Job closed
Ref: NP316-675
Job description / Role
A leading bank in Kuwait with an impeccable reputation in the region is searching for a Senior ALM Manager to join their market risk department. The individual's responsibilities in the Senior ALM Manager is to manage process and policies used in ALM modelling, establishing and monitoring profit rate risk limits.
Duties and Responsibilities:
• Use standard and proprietary analytical methods, models, and algorithms to analyze and produce analysis of the Balance Sheet
• Manages process and policies used in ALM modeling, establishing and monitoring profit rate risk limits
• Responsible for Asset Liability Committee (ALCO) monthly reporting and presentation of results to ALCO
• Develops sensitivity analyses on prepayment speeds and deposit lags/decays
• Presents model assumptions and line of business specific strategies Executive Management on a recurring basis
• Risk Models: Develop and maintain quantitative risk models. Review and revise model inputs and assumptions for accuracy and relevance
Requirements
Qualifications:
• 10+ years of banking experience in Asset Liability Management
• BS degree in Finance, Economics, Accounting, Business, or related fields
• MS in related field preferred
• Extensive knowledge in interest/profit rate risk, asset liability, liquidity risk and financial modelling. Strong understanding of FTP (Fund Transfer Price) and other internal profitability metrics
• Strong communication and interpersonal skills
• Ability to work in a fast-paced, team environment with little supervision
About the Company
Robert Walters is one of the world's largest specialist professional recruitment consultancies with 53 offices spanning 24 countries.
We've helped thousands of professionals find permanent, contract and interim roles with leading global corporations, small to medium sized companies and innovative start ups. Our specialist recruitment focus includes: accountancy and finance, banking, engineering, operations, legal, IT, sales, marketing, procurement & logistics, HR and support/administration.