Executive Director- Asset & Liability Management

First Gulf Bank PJSC; Abu Dhabi; On-site; AED 120,000 - 180,000; Full time

Job summary

Join a prestigious financial institution in the UAE as an Executive Director in Asset & Liability Management. This role offers the opportunity to influence liquidity strategies and market positioning while working in a dynamic team environment. You will be responsible for managing short-term liquidity, optimizing risk positions, and contributing to cross-functional projects. With a focus on collaboration and innovation, you will play a crucial role in supporting economic value creation for the bank. This is an exciting chance to advance your career in a leading bank known for its commitment to excellence.

Qualifications

• 10 years of experience in trading and managing risk at a leading international bank.
• In-depth knowledge of financial market products and operations.

Responsibilities

• Manage nostros, funding, and interest rate gaps within regulatory requirements.
• Contribute to FAB EIBOR and manage M-Bill dealership.

Skills

Liquidity Management

Market Risk Management

Trading Strategies

Financial Market Products Knowledge

Relationship Management

Education

Bachelor's Degree in Finance

Master's Degree in Finance

Job description

Executive Director - Asset & Liability Management

• Full-time
• Sub Division : Group Treasury
• Division : Group Finance

Join the UAE’s largest bank and one of the world’s largest and safest financial institutions. Our focus is to create value for our employees, customers, shareholders, and communities to grow through differentiation, agility, and innovation. We are looking for top talent, and your success is our success. Accelerate your growth as you help us reach our goals and advance your career. Be ready to make your mark at a top company in an exciting and dynamic industry.

Core Role : ALM Trader G10 & AED

Price maker of wholesale liquidity. Market facing on short-term liquidity instruments.

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

Contribute to the interest / basis risk positioning within the 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.

Support economic value creation for the bank.

Develop internal and external relationships.

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 the liquidity and market risk appetite of the bank and regulatory requirements.
• 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.
• Work in a FAB team environment and align ALM business to FAB strategy.
• Support the sales and coverage teams; continuously keep sales updated on developments 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 M-Bill dealership within the framework defined by FAB.
• The ALM team is independent of the core GM sales and trading teams.

FRAMEWORKS, BOUNDARIES, & DECISION-MAKING 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.

Minimum Requirements :

• In-depth knowledge of all financial market products and operations.
• Proven track record in managing risk / liquidity effectively to deliver consistent financial performance.
• 10 years’ experience of trading and managing risk at a leading international bank.