Senior Margin Methodology Specialist

AKIJ Feed; Émirats arabes unis; À distance; AED 300 000 - 520 000; Plein temps

Avantages offerts par ce poste

Fully remote

Professional development

Competitive compensation

Collaborative environment

Risk analytics projects

Résumé du poste

AKIJ Feed seeks a Senior Margin Methodology Specialist to develop and validate margin models across derivatives and collateral frameworks. The role emphasizes risk-based analytics, model governance, and remote collaboration with global teams.

You will analyze margin requirements, perform back-testing, and support governance to ensure alignment with regulatory expectations, with a strong quantitative emphasis and cross-functional interaction.

Qualifications

• Bachelor's or Master's in a quantitative field.
• 5+ years in margin methodology or related risk areas.
• Strong understanding of initial and variation margin and collateral frameworks.
• Experience with margin calculation models and risk metrics.
• Familiarity with bilateral/cleared derivatives and collateral arrangements.
• Knowledge of SIMM, VaR-based or clearinghouse margin methodologies.
• Understanding of BCBS-IOSCO margin rules and related regulation.

Responsabilités

• Develop, review, and maintain margin calculation methodologies for derivatives and related instruments.
• Analyze initial and variation margin requirements using risk models and market data.
• Assess models to reflect market volatility, portfolio risk, and liquidity needs.
• Support risk-based margin frameworks for bilateral and cleared transactions.
• Review historical simulation, sensitivities, stress, and other quantitative methods.
• Evaluate model assumptions, calibration, risk factors, and add-ons.
• Conduct back-testing and stress testing to assess performance.
• Investigate margin discrepancies across internal/external sources.
• Collaborate with analytics, market, credit, collateral, treasury, tech, and ops teams.
• Support portfolio margining, netting benefits, and liquidity risk analyses.
• Monitor regulatory developments and update methodologies accordingly.
• Document methodology changes, validation results, and governance approvals.
• Assist with model validation, audits, and regulatory examinations.

Connaissances

Advanced Excel

Data analysis

Statistical modeling

Model governance

Documentation

Remote work capability

Formation

Bachelor's or Master's in Mathematics/Statistics/Finance/Financial Engineering

Outils

Python

R

MATLAB

SQL

Description du poste

Job Title: Senior Margin Methodology Specialist

Location: UAE (Remote)

Employment Type: Full-Time

Level: Senior

Work Arrangement: Fully Remote

About Us

We are seeking a highly analytical and technically proficient Senior Margin Methodology Specialist to support the development, validation, and implementation of margin calculation methodologies across financial products and portfolios. This role focuses on assessing market and counterparty risks, reviewing margin models, analyzing collateral requirements, and ensuring that margin methodologies remain accurate, consistent, and aligned with regulatory expectations.

The ideal candidate will have a strong quantitative background, in-depth knowledge of financial risk management, and experience with initial margin, variation margin, collateral frameworks, and model governance.

Key Responsibilities

• Develop, review, and maintain margin calculation methodologies for derivatives, securities financing transactions, and other relevant financial instruments.
• Analyze initial margin and variation margin requirements using appropriate risk models, sensitivities, historical market data, and portfolio exposures.
• Assess margin models and methodologies to ensure they adequately reflect market volatility, portfolio risk, liquidity considerations, and potential losses.
• Support the implementation and enhancement of risk-based margin frameworks for bilateral and centrally cleared transactions.
• Review methodologies involving historical simulation, sensitivity-based calculations, stress scenarios, and other quantitative approaches where applicable.
• Evaluate model assumptions, calibration parameters, risk factors, holding periods, confidence levels, and relevant margin add-ons.
• Conduct quantitative analysis and back-testing to assess model performance, margin coverage, and responsiveness to changing market conditions.
• Investigate margin discrepancies between internal calculations, counterparties, clearinghouses, and external service providers.
• Collaborate with quantitative analytics, market risk, credit risk, collateral management, treasury, technology, and operations teams.
• Support the assessment of portfolio margining, netting benefits, concentration risk, liquidity risk, and risk offsets.
• Monitor regulatory developments and industry standards affecting margin requirements, including applicable uncleared derivatives margin rules and clearinghouse frameworks.
• Document methodology changes, model assumptions, validation results, limitations, and governance approvals.
• Support model validation, independent reviews, audit requests, and regulatory examinations relating to margin methodologies.
• Develop analytical tools and reports to monitor margin trends, model performance, risk concentrations, and potential methodology weaknesses.
• Identify opportunities to improve calculation efficiency, data quality, system integration, and margin reporting accuracy.
• Assist with stress testing and scenario analysis to evaluate margin requirements under adverse market conditions.
• Provide technical guidance to junior team members and contribute to methodology governance and continuous improvement initiatives.

Qualifications and Experience

• Bachelor's or master's degree in Mathematics, Statistics, Finance, Economics, Financial Engineering, Physics, or a related quantitative discipline.
• Typically 5+ years of relevant experience in margin methodology, quantitative risk, collateral analytics, derivatives risk, or financial model development.
• Strong understanding of initial margin, variation margin, portfolio risk measurement, collateral frameworks, and derivatives markets.
• Experience with margin calculation models, risk sensitivities, stress testing, back-testing, and quantitative model analysis.
• Familiarity with bilateral and centrally cleared derivatives, securities financing transactions, and relevant collateral arrangements.
• Knowledge of margin frameworks such as SIMM (Standard Initial Margin Model), VaR-based approaches, or clearinghouse margin methodologies is highly desirable.
• Understanding of relevant regulatory requirements and industry standards, including applicable BCBS-IOSCO margin requirements where relevant.
• Strong programming and data analysis capabilities using Python, R, MATLAB, SQL, or similar tools.
• Advanced proficiency in Microsoft Excel and experience working with financial risk systems or quantitative analytics platforms.
• Relevant qualifications such as FRM, CFA, CQF, or equivalent quantitative finance credentials are an advantage.
• Strong analytical thinking, problem-solving, and statistical modeling skills.
• Excellent technical documentation and communication skills, including the ability to explain quantitative methodologies to non-technical stakeholders.
• High attention to detail, sound professional judgment, and a commitment to model governance.
• Ability to manage multiple analytical projects and work independently in a remote environment.

Key Performance Indicators (KPIs)

• Accuracy, consistency, and reliability of margin calculations.
• Effectiveness of margin methodologies in capturing portfolio and market risks.
• Timely completion of methodology reviews, model updates, and validation activities.
• Quality of back-testing, stress testing, and model performance assessments.
• Timely resolution of margin discrepancies and calculation issues.Compliance with internal model governance policies and applicable regulatory requirements.
• Quality and completeness of methodology documentation and audit evidence.
• Reduction in recurring calculation errors and data-related exceptions.
• Effectiveness of enhancements to margin models, analytics, and reporting tools.
• Contribution to improved operational efficiency and risk measurement practices.

What We Offer

• Competitive compensation aligned with experience and technical expertise.
• Fully remote working arrangements.
• Opportunities to work on advanced margin models and quantitative risk methodologies.
• Professional development and support for relevant financial risk qualifications.
• A collaborative environment focused on quantitative excellence, model governance, and effective risk management.
• Opportunities to contribute to strategic risk analytics and financial technology improvements.