Manager (Market Risk)

KPMG UAE; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading consulting firm is seeking a Manager for its Financial Risk Management team to develop risk solutions for financial institutions. This role requires a strong background in market and liquidity risk, client management, and project delivery. Candidates should have extensive experience in financial risk management and quantitative analysis, as well as a bachelor's degree in a relevant field. The position offers opportunities for professional growth in a dynamic work environment, competitive salary, and benefits.

Benefits

Competitive salary and benefits package

Ongoing training and career development opportunities

Qualifications

• 7+ years of financial risk management/quantitative analysis experience.
• Experience in quantitative analytics and risk model development.
• Professional certification in FRM, PRM, CFA recommended.

Responsibilities

• Manage multiple FRM projects, ensuring timely delivery within budget.
• Develop and implement risk solutions focused on market and liquidity risks.
• Mentor and train less experienced staff.

Skills

Analytical skills

Problem-solving skills

Communication skills

Leadership

Education

Bachelor's degree in finance, financial engineering, economics, or applied mathematics

Tools

Python

R

SAS

MATLAB

Job description

As Manager within the Financial Risk Management ("FRM") Team, your role involves developing and implementing risk solutions for financial institution clients with a focus on market risk and liquidity risk.

Project and Team Related

• Manage multiple FRM projects and ensure all engagements are planned and delivered within budget and on time.
• Own and implement initiatives around market and liquidity risks.
• Manage teams as well as senior client stakeholders and be responsible for delivering high-quality results and generating effective and impactful solutions.
• Play a key role in the development of less experienced staff through mentoring, training, and advising.
• Remain current on new developments in risk advisory services capabilities and financial industry knowledge.

Business Development

• Establish, maintain, and strengthen internal and external relationships.
• Identify possible opportunities and direct pursuit for new client opportunities.
• Draw on your knowledge and experience to create practical and innovative insights for clients, contributing to KPMG thought leadership.

The Individual

• Thorough understanding of market risk and liquidity risk.
• Experience in quantitative analytics, market risk models including VaR, FRTB, IRRBB, CVA.
• Experience in liquidity management including liquidity gap, ALM, FTP, ILAAP.
• Experience with risk model development and validation.
• Good understanding of spot and derivative markets operations for equities, interest rate, credit, commodities, and foreign exchange products; risk management (hedging strategies) and valuation aspects of the same.
• Prior experience in financial modeling.
• Good understanding of local and international regulatory requirements including Basel and CBUAE guidelines.
• Strong analytical and problem-solving skills.
• Prior experience in managing and motivating a team in risk-related areas, with clear leadership in market and liquidity risks.
• Strong ability to map client business requirements and convert them into viable business propositions.
• Exposure to business development in consulting (pre-sales support, proposals, RFP responses).
• Strong communication skills with client-facing experience.
• Ability to work under pressure and manage multiple projects simultaneously.
• Demonstrate integrity, values, principles, and work ethic, leading by example.

Qualifications

• Minimum a bachelor's degree in a relevant field including finance, financial engineering, economics, applied mathematics, or similar.
• 7+ years of strong financial risk management/quantitative analysis experience within financial institutions or consultancy/big 4 firms.
• Professional certification in FRM, PRM, CFA is recommended but not mandatory.
• Aptitude for quantitative analysis and strong numerical skills with evidence of advanced financial modeling skills.
• Experience in analytical and risk management tools/systems (Python, R, SAS, MATLAB, Calypso, Murex, etc.).

What We Offer You

• A professional work environment full of challenges and development opportunities.
• A competitive salary and benefits package.
• Ongoing training and coaching to develop new skills and progress your career.