Executive Director- Asset Liability Management

First Abu Dhabi Bank; Abu Dhabi; On-site; AED 500,000 - 900,000; Full time

Job summary

A prominent financial institution in Abu Dhabi seeks an experienced ALM Trader to manage short-term liquidity and optimize risk management within the bank's appetite. The successful candidate will have a minimum of 10 years' experience in trading at a leading international bank and possess strong IT and quantitative skills. Responsibilities include managing funding, enhancing market positioning, and collaborating across teams. A full-time, on-site position with no remote work options is offered.

Qualifications

• 10 years of experience in trading and managing risk at a leading international bank.
• Ability to effectively manage risk and liquidity.
• Strong quantitative skills and IT fluency.

Responsibilities

• Manage nostros funding & interest rate gaps within risk appetite.
• Interface with desk head to ensure transparency of positions.
• Enhance the FAB framework for market position.
• Work with sales and coverage teams on market developments.
• Optimize group liquidity across FAB centers.
• Support the sales and coverage teams; continuously keep sales updated on development in relevant markets
• Work with other international FAB centers to optimize group liquidity ensuring one consistent FAB offering globally
• Pass on experience across the FAB network developing new trading strategies
• Contribute to cross function projects within a collaborative environment
• Retain flexibility across the ALM business to ensure coverage.

Skills

In-depth knowledge of financial market products

Proven risk management

IT fluency

Quantitative skills

Quantitative skills

Tools

MBill platform

Job description

Core role is ALM Trader G10 & AED

Price marker of wholesale liquidity. Market facing on short term liquidity instruments.

Optimization of short term liquidity within liquidity risk appetite of the bank

Contribute to the interest/Basis risk positioning within market risk appetite of the bank.

Market making of FX AED up to 1 month maintaining no.1 market standing

MBILL market maker.

Contribute and assist the EIBOR process

Maximize desk process efficiency.

Support economic value creation for the bank

Develop internal and external relationship.

Contribute to cross function projects within a collaborative environment

Retain flexibility across the ALM business to ensure coverage.

KEY ACCOUNTABILITIES:

• Manage nostros funding & interest rate gaps within liquidity and market risk appetite of the bank and regulatory requirements
• Continually interface with desk head to ensure all positions are transparent and aligned to the strategic view.
• Enhance the FAB framework to ensure we maintain our position in the market
• Continually interface with desk head to ensure all positions are transparent and aligned to the strategic view.
• Work in a FAB team environment and align ALM business to FAB strategy
• Support the sales and coverage teams; continuously keep sales updated on development in relevant markets
• Work with other international FAB centers to optimize group liquidity ensuring one consistent FAB offering globally
• Pass on experience across the FAB network developing new trading strategies

Specific Accountability:

• Contribute to FAB EIBOR manage MBill dealership within the framework defined by FAB.
• The ALM team is independent to the core GM sales and trading teams .

FRAMEWORKS BOUNDARIES & DECISIONMAKING AUTHORITY:

• Capital and Market dealing conventions
• Rules set by regulatory bodies affecting the Global business
• FAB internal regulations / Risk Limits / Approved Products / Dealing Manual / Dealer Mandate

Qualifications :

Minimum Qualification

• In depth knowledge of all financial market product and operations
• Proven track record on managing risk / liquidity effectively to deliver consistent financial performance
• IT Fluency / quantitative skills.

Minimum Experience

• 10 years experience of trading and managing risk at a leading international bank

Remote Work :

No

Employment Type :

Fulltime