Senior Specialist, Credit Risk

Arab Monetary Fund; Abu Dhabi; On-site; AED 400,000 - 600,000; Full time

Job summary

Arab Monetary Fund seeks a Senior Officer, Market Risk in Abu Dhabi to monitor, assess and report market risks across portfolios and treasury activities. You will ensure risk limits are respected, support decision-making and enhance risk models and reporting capabilities.

The role requires deep expertise in market risk, investment and treasury risk, with strong analytical skills and familiarity with risk systems and regulatory frameworks. Local UAE market knowledge is a plus.

Qualifications

• Bachelor’s degree in finance, economics, or risk management; master’s preferred.
• Minimum 8 years in market/investment/treasury risk and related analyses.
• Knowledge of risk systems, VaR engines, stress testing and pricing models.

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.
• Identify emerging risks, deviations, and breaches, and isolate as required.
• Maintain and update risk models, assumptions, and parameters in line with market movements.
• Support validation of risk systems and enhancements of analytical reporting capabilities.
• Liaise with custodians, data providers, and external auditors on market risk-related matters.

Skills

Market risk

Investment risk

Treasury risk

Financial risk analyses

Education

Bachelor’s degree in finance, Economics, Risk Management Or a related field

Master’s degree is preferred

Tools

Risk systems

Stress testing tools

VaR engines

Pricing models

Job description

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 isolate 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 standard.
• 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