ALM Analyst (UAE)

National Bank of Bahrain; Dubai; Presencial; AED 180.000 - 300.000; Jornada completa

Descripción de la vacante

National Bank of Bahrain’s UAE Oversea Branch seeks an ALM Analyst to manage day-to-day front office liquidity, work with the Head of Treasury & ALM, and define funding and investment strategies for the month and year. The role focuses on NII generation, liquidity management, and compliance with risk parameters.

The candidate will handle interbank placements, derivative activities, and ALCO-coordinated risk oversight to meet profitability and liquidity targets within policy limits.

Formación

• Bachelor’s degree in Finance, Accounting, Commerce, or a related discipline is required.
• Master's degree in Accounting, Finance, Economics, or a related discipline is preferred.
• Minimum 1-2 years of practical experience in a bank or same or similar function. Previous work experience in a financial services organisation operating as an ALM Dealer or Trainee is essential.

Responsabilidades

• Define the Branch’s annual funding and investment strategy and monthly balance sheet goals.
• Forecast liquidity, ensure funding requirements and regulatory liquidity ratios.
• Identify interbank placements and short-term investment opportunities.
• Identify arbitrage opportunities and trade in interest rate derivatives for NII.
• Manage liquidity gaps across Banking Book to stay within Liquidity Gap Limits.
• Assess interest rate risk exposure with ALCO and related functions.
• Eliminate non-trading FX positions to prevent P&L impact.
• Manage HQLA portfolio for prudent liquidity and returns.
• Develop relationships with banks to ensure adequate counterpart limits.
• Participate in treasury systems development and implementation.

Educación

Bachelor’s degree in Finance, Accounting, Commerce, or a related discipline

Master's degree in Accounting, Finance, Economics, or a related discipline

Descripción del empleo

The ALM Analyst is responsible for the day-to-day front office operational aspects of the Oversea Branch (UAE) treasury. The position holder is expected to work closely with the Head of the Treasury & ALM and the business units at the Branch in defining and implementing the Branch’s funding and investment strategy for the year and specifying the monthly portfolio objectives. The position holder deals in financial instruments and derivatives to manage the Branch’s liquidity, generate net interest income (NII) on excess liquidity, conduct profitable gapping strategies within the limits allocated, manage the Branch’s banking book liquidity and interest rate gaps whilst maintaining liquidity and ensuring adherence with pre-set risk limits. The Dealer will address all counterparties’ requirements and ensure compliance to all regulatory, policy and procedural risk parameters and dealing guidelines.

Key Responsibilities

Business Management

• Assist the Head of the Treasury & ALM and CEO - UAE in defining the Branch’s annual funding and investment strategy to outline the monthly balance sheet goals.
• Manage the Branch’s Day to day liquidity, forecasting the Branch’s cash flow, ensuring that the funding requirements of the Branch are satisfied, the Branch meets all internal and regulatory liquidity and funding ratios, to identify and maximise the returns for all sources of funds available to the Branch given the liquidity and interest rate gaps.
• Identify and capture attractive interbank placements, government treasury bills, and short-term investment opportunities to optimise the interest income on the branch’s excess liquidity.
• Identify and capture profitable arbitrage opportunities in other market instruments that generate NII through interbank gapping activities and transacting in interest rate derivatives.
• Manage the liquidity gaps associated with mismatches between the Branch’s Banking Book assets and liabilities across the term structure to maintain them within predetermined levels as stipulated by the Liquidity Gap Limits.
• Identify and manage the interest rate risk exposure in the Branch’s Banking Book in conjunction with Liquidity & Market Risk, Finance and Treasury following the guidelines set forth by the Assets and Liabilities Committee (ALCO) to meet the financial ratio requirements and profitability objectives of the Branch.
• Eliminate the non-trading foreign exchange positions that are generated due to mismatches in the Branch’s banking book foreign currencies assets and liabilities accruals and/or returns to prevent P&L implications.
• Manage the Branch’s High-Quality Liquid Assets (HQLA) portfolio with the aim of prudent liquidity management and the generation of positive returns.
• Develop and maintain relationships with local, regional, and international banks to ensure the availability of suitable counterpart limits and agreements in line with international standards, regulatory and policy guidelines.
• Participate in the selection, development and implementation of any Treasury systems that would be required by the Branch to provide access to market data and news, record and maintain positions, facilitate activities management, ensure dealing and access to markets, and monitor risk and profitability.

Contribution to NBB UAE

• Work according to the values of NBB UAE to demonstrate commitment to these principles.
• Develop relationships with customers, industry, community, and government to represent NBB UAE effectively to key stakeholders.
• Follow the policies, procedures and legislation that govern NBB UAE to ensure appropriate levels of compliance and governance.
• Lead and participate in projects, committees and working groups, as required.
• Perform other duties as may be reasonably required from time to time.

Qualifications & Experience

• Bachelor’s degree in Finance, Accounting, Commerce, or a related discipline is required.
• Master's degree in Accounting, Finance, Economics, or a related discipline is preferred.
• Minimum 1-2 years of practical experience in a bank or same or similar function. Previous work experience in a financial services organisation operating as an ALM Dealer or Trainee is essential.