Senior Specialist, Credit Risk

Arab Monetary Fund; Abu Dhabi; On-site; AED 300,000 - 500,000; Full time

Job summary

Arab Monetary Fund seeks a Senior Officer, Market Risk to monitor and assess market risks across AMF's portfolios, treasury activities, and exposures. The role analyzes sensitivities, manages models, and reports to inform decision-making in a dynamic financial environment.

The candidate will verify data integrity, contribute to risk framework enhancements, and coordinate with Investment, Treasury, Finance, and Internal Audit teams to ensure compliance with guidelines and regulatory standards.

Qualifications

• Minimum of 8 years of experience in market risk, investment risk, treasury risk or related areas.
• Strong knowledge of financial instruments, portfolio theory, pricing, market dynamics.
• Experience with risk systems, stress testing tools, VaR engines and pricing models is preferred.

Responsibilities

• Monitor market risk exposures across portfolios, including interest rate, FX, equity, and price risks.
• Perform daily and periodic risk assessments and ensure positions comply with market risk limits and guidelines.
• Conduct sensitivity analysis, stress testing, VaR, scenario analysis, and performance attribution.
• Prepare timely market risk reports, dashboards, and analysis for management and committees.
• Maintain and update risk models, assumptions, and parameters in line with market movements.
• Support validation of risk systems and enhancements of analytical reporting capabilities.

Skills

Financial risk analysis

Quantitative analysis

Portfolio theory

Market dynamics

Education

Bachelor's degree in finance/economics/risk management

Master's degree preferred

Tools

Risk systems

VaR engines

Pricing models

Stress testing tools

Job description

Job Purpose:

The Senior Officer, Market Risk is responsible for monitoring, assessing, and reporting market risks related to AMF's investment portfolios, treasury activities, and financial exposures. The role ensures effective risk measurement, compliance with limits, and timely reporting to support informed decision-making. It contributes to the enhancement of AMF's risk framework by analyzing market trends, evaluating portfolio sensitivities, and implementing best-practice risk controls.

Roles and Responsibilities:

Key Accountabilities:

• Monitor market risk exposures across portfolios, including interest rate, FX, equity, and price risks.
• Perform daily and periodic risk assessments and ensure positions comply with market risk limits and guidelines.
• Conduct sensitivity analysis, stress testing, VaR, scenario analysis, and performance attribution.
• Prepare timely market risk reports, dashboards, and analysis for management and committees.
• Identify emerging risks, deviations, and breaches, and escape as required.
• Maintain and update risk models, assumptions, and parameters in line with market movements.
• Analyze market indicators, yield curves, credit spreads, and investment performance trends.
• Support evaluation of investment proposals by assessing risk implications, exposures, and volatility.
• Verify accuracy, completeness, and integrity of market data and pricing sources.
• Contribute to developing and improving market risk methodologies, models, and measurement tools.
• Support validation of risk systems and enhancements of analytical reporting capabilities.
• Participate in reviewing and updating risk policies, limits frameworks, and procedures.
• Monitor adherence to AMF investment guidelines, risk frameworks, and regulatory standards.
• Coordinate with Investment, Treasury, Finance, and Internal Audit teams to verify data and align risk reporting.
• Support risk committees through preparation of materials, risk notes, and analytical briefings.
• Liaise with custodians, data providers, and external auditors on market risk-related matters.
• Stay informed on market developments, regulatory changes, and global risk trends.

Job Qualifications and Requirements

Knowledge and Experience:

• Minimum of 8 years of experience in Market risk, Investment risk, Treasury risk, financial risk analyses
• Strong knowledge of financial instruments, Portfolio theory, Pricing, Market dynamics, Experience with: Risk systems, Stress testing tools, VaR engines and Pricing models (preferre

Education:

• Bachelor's degree in finance, Economics, Risk Management Or a related field. Master's degree is preferred

Certification

• professional certifications are an advantage, such as
• FRM (Financial Risk Manage
• CFA (Chartered Financial Analys
• PRM (Professional Risk Manage

Other risk-specialized courses