AVP - Market Risk Manager

Tandem Search

UAE

Ref: KP709-2430

Job description / Role

Employment: Full Time

The job holder is responsible to provide assistance/advice to the senior management at MTCR and Group Risk to provide oversight, identification, measurement, monitoring and reporting of market risk exposures arising from the various business activities across the Group (and its subsidiaries) by employing up-to-date and best-in-class risk management practices, risk measurement techniques and models and ensuring best-in-class control processes are developed and correctly implemented.

The job holder needs to work very closely with key business and support stakeholders to assess market risk, proper control processes, associated with the business and ensure their adherence to market risk appetite prescribed by the Board. The role involves providing advice and guidance on policies, strategies and actions required for effective management of the market risks involved while ensuring proper controls and governance processes are in place.

This role demands a high level of business awareness, leadership capabilities, control and good governance framework, a keen eye for detail and good communication skills as well as a first degree in a business/ accounting/ sciences and excellent numerate (quantitative) skills.

Requirements

- Ensure Market Risk Exposure are computed all transaction that are to be conducted by Treasury and are attributed to appropriate limits as defined by the approved limits.
- Analyze the business environment to identify changes and trends which can alter the market risk profile of the relevant business and make recommendations to protect or enhance the business position.
- Implementation and/or facilitate implementation of systems for Market Risk, Treasury or other businesses across the Group, as required.
- Fair understanding of Treasury business and asset classes and Treasury products, including complex derivatives along with their impact on market risk exposure at the Group level.
- Must have hands on and/or in-depth understanding of basic market risk constituents: Greeks, Yield Curve Building, Vanilla and Structured Derivatives Valuations, VaR, and Credit VaR.
- Good knowledge of best-in-class market risk measurement techniques and perform pro-active market risk management of the Group`s portfolio.
- Strong analytical & quantitative skills with appropriate mathematical background and, in-depth knowledge across all asset classes and Treasury products including derivatives.
- Strong problem solving skills (including strong systems background and project management skills)

About the Company

Building businesses, changing lives

At Tandem, we’ve built a vast network of top-tier professionals across the globe. We empower businesses to thrive by delivering unmatched talent solutions. With our global reach, collaborative approach, and unwavering commitment to excellence, we drive transformative growth and shape exceptional teams.

Who we are.

We are a team of industry experts, driven by a passion for innovation and excellence. We are dedicated to providing unique talent solutions and nurturing collaborative partnerships that redefine success.

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Vice President salaries in UAE

Average monthly compensation
AED 80,500

Breakdown available for industries, cities and years of experience