Specialist, Risk Management

First Abu Dhabi Bank FAB; Abu Dhabi; On-site; AED 180,000 - 300,000; Full time

Job summary

First Abu Dhabi Bank FAB in Abu Dhabi is seeking an early-career professional to join the Global Markets risk team, focusing on collateral management, margin calls, and client servicing.

You will work with Middle Office, Market Risk, and Finance to ensure compliant processes, timely valuation statements, and accurate risk reporting, using Murex as a core system.

The role requires a finance or economics degree and 1–3 years in banking with familiarity of CSA/GMRA/IM-CTA documentation.

Qualifications

• Bachelor's degree in finance or economics.
• 1–3 years experience in banking in Middle office/Collateral management/Market Risk or Treasury.
• Experience with Murex platform for market risk management.
• Knowledge of financial markets and multiple asset classes (FX, fixed income, equities, commodities).
• Ability to work accurately under pressure to tight deadlines.
• Strong interpersonal skills to interact with senior management.
• FRM or CFA certification would be an added advantage.

Responsibilities

• Collateral Management including validation of margin calls and timely responses.
• Ensure valuation statements are sent to customers as per legal documents.
• Escalate collateral disputes to Head of Middle Office and Market Risk Management.
• Perform timely portfolio reconciliation and highlight valuation issues.
• Ensure business operates within the approved bank policy.
• Ensure all regulatory reporting is performed in a timely manner.
• Own projects pertaining to collateral management and client servicing.
• Review CSA/GMRA/IM-CTA documentation for MO review.
• Collaborate with multiple teams to achieve role objectives.
• Daily validation of collateral risk reports with Middle Office and Risk Control.
• Support Market Risk Analytics team with risk methodologies and market data.

Skills

Collateral Management

Margin Call Validation

Portfolio Reconciliation

Regulatory Reporting

Market Risk Management

Murex Platform

Client Servicing

Financial Markets Knowledge

Education

Bachelor's degree in finance or economics

Tools

Murex Platform

Job description

JOB SUMMARY INTRODUCTION

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 amp 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

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.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.