Specialist, Risk Management

CFA Institute; Abu Dhabi; On-site; AED 180,000 - 300,000; Full time

Job summary

First Abu Dhabi Bank (FAB) invites applications for a collateral management professional focused on Global Markets and Treasury. You will validate margins, process margin calls, and ensure timely valuation communications in line with agreements.

The role requires familiarity with Murex and exposure to risk controls, reporting, and client servicing, working with multiple teams to strengthen risk management and process improvements.

Qualifications

• Bachelor's degree in finance or economics is required.
• 1-3 years' banking experience in middle office/collateral management or treasury.
• Experience of working with Murex for market risk management.

Responsibilities

• Support collateral management processes including margin call validation and timely responses to counterparties.
• Ensure valuation statements are sent to customers as per legal documentation.
• Escalate collateral disputes to MO and Market Risk Management.
• Perform timely portfolio reconciliation and highlight valuation issues to risk teams.
• Ensure adherence to bank policies and regulatory reporting requirements.
• Lead projects on collateral management and client servicing.
• Review MO documentation such as CSA/GMRA/IM CTA during MO review.

Skills

Collateral Management

Margin Call Validation

Portfolio Reconciliation

Regulatory Reporting

Market Risk Management

Treasury Operations

Murex Platform

CSA/GMRA/IM Docs

Client Servicing

Financial Markets

Process Improvement

Stakeholder Management

Risk Control

Product Control

Interpersonal Communication

Pressure Handling

Education

Bachelor's Degree in Finance or Economics

Tools

Murex

CSA/GMRA Docs

Job description

Job Description

JOB SUMMARY / INTRODUCTION

The purpose of the job is to provide comprehensive support in running the collateral management process for Global Markets and Treasury function in compliance with Bank Policies and regulatory guidelines.

KEY RESPONSIBILITIES

Generic Accountability

• Act in consonance with the Group's vision and mission to facilitate the organizational objectives of growing stronger.
• Ensure the achievement of the bank's business plans by optimizing risk adjusted performance of Global Markets.
• Provide an assurance to the GCRO through the Head of Market and Liquidity Risk and Head of Market Risk Management that all processes pertaining to Collateral Management for Global Markets and Treasury have been identified & monitored and proper controls are in place to mitigate Operational Risks.

Job Specific Accountabilities

• Collateral Management, which includes validation of margin calls, seeking margin from counterparties and responding to their margin calls in a timely manner.
• Ensure that valuation statements are sent to all customers as per agreement in the legal documentation.
• Ensure all collateral disputes are escalated to the Head of Middle office and Market Risk Management.
• Ensure portfolio reconciliation is performed on timely manner and valuation issues are highlighted to Head of Middle office and Market Risk Management.
• Ensure the business operates within the approved bank policy.
• Ensure all regulatory reporting is performed in timely manner.
• Ownership of projects pertaining to collateral management and Client servicing.
• Review of collateral management documentation like CSA/GMRA/IM CTA that comes for MO review.
• Work closely with several teams to achieve the role objective.
• Middle office and Risk Control - for daily validation of market and static data, collateral, risk reports etc.
• Market Risk Analytics team for risk methodologies, market data etc.
• Group Finance: Product control - active liaising to ensure the correct reflection of risk adjusted returns and accounting is aligned to risk practices.
• Carry out process improvements using Murex as the key systems enabler.

REQUIREMENTS / QUALIFICATIONS

Essential Qualifications & Experience

• Bachelor's degree in finance or economics.
• 1-3 years' experience in the banking sector in similar positions in the Middle office/Collateral management/Market Risk or Treasury function.
• Experience of having extensively worked on Murex platform for market risk management.
• Knowledge of financial markets and multiple assets classes (Fx, fixed income, equities, commodities).
• Ability to work accurately under pressure to tight deadlines.
• Strong inter-personal skills in order to interact confidently with senior management.

Preferred / Beneficial

• Professional certification like FRM or CFA would be an added advantage.

Skills

• Collateral Management
• Margin Call Validation
• Portfolio Reconciliation
• Regulatory Reporting
• Market Risk Management
• Treasury Operations
• Murex Platform
• CSA / GMRA / IM CTA Documentation Review
• Client Servicing
• Financial Markets Knowledge (FX, Fixed Income, Equities, Commodities)
• Process Improvement
• Stakeholder Management
• Risk Control
• Product Control
• Interpersonal Communication
• Ability to work accurately under pressure to tight deadlines.

About Us

First Abu Dhabi Bank (FAB) is the largest bank in the UAE and one of the world's largest and safest financial institutions. We offer a comprehensive range of personal and private banking services, including credit cards, Islamic banking, investments, loans, and mortgages. Our commitment to excellence and innovation drives us to provide top-tier financial solutions to our clients.

Life at FAB

Working at FAB means being part of a team of talented and passionate individuals with a shared vision to support the ambitions of our stakeholders to "Grow Stronger." We embrace the needs of our customers across the globe with a sense of responsibility and confidence driven by extensive expertise that can only be delivered by an ambitious world-class organization

Career Development

FAB offers unique career choices, a chance to innovate, craft solutions for the future, and express yourself in a performance-based culture that will unleash the best in you. Whether you are an experienced professional or just starting your career, FAB provides a range of learning and development initiatives to support all employees through training and skill development.

Our Values

At FAB, we place our customers at the core of our activities, live our values each day in every way, celebrate achievements, and empower each other to deliver leading solutions. We have structured plans for the recruitment and career progression of Emirati talent to enable them to make a mark in the financial and banking sector both regionally and globaly that rewards your hard work and dedication.

Join our team and be part of a journey to shape the future of banking.