VP Market Risk and Treasury Middle Office

Venture Search; United Arab Emirates; On-site; AED 250,000 - 350,000; Full time

Job summary

A reputable bank in Dubai is seeking a VP Market Risk and Treasury Middle Office to oversee market risk and ensure regulatory compliance. The role involves valuing financial instruments, monitoring trading limits, and supporting treasury activities. Ideal candidates will have strong analytical skills, a relevant degree, and extensive experience in market risk management.

Qualifications

• Minimum 8 years in market risk and treasury middle office.
• Strong analytical and problem-solving skills required.

Responsibilities

• Independently value financial instruments across various asset classes.
• Conduct daily P&L attribution analysis and implement market risk stress testing.
• Oversee collateral management and enhance MIS reporting automation.

Skills

Analytical Skills

Problem-Solving

Communication

Presentation

Education

Bachelor's degree in Commerce

Bachelor's degree in Engineering

Bachelor's degree in Data Science

Bachelor's degree in Finance

Professional certifications (FRM, CFA, CA)

Tools

Python

C++

SQL

Job description

VP Market Risk and Treasury Middle Office

Location: Dubai

We are currently representing a reputable bank who are looking for an experienced risk management professional to join their team as VP Market Risk and Treasury Middle Office. This role will be responsible for overseeing market risk, ensuring regulatory compliance, and supporting investment and treasury activities.

Key Responsibilities:

• Independently value financial instruments across FX, commodities, derivatives, fixed income, and equities.
• Monitor trading and investment policy limits, escalating breaches where necessary.
• Conduct daily P&L attribution analysis across various asset classes.
• Implement market risk stress testing frameworks.
• Assess and monitor Value at Risk (VaR) for trading and banking books.
• Lead internal CVA modelling and ensure regulatory compliance.
• Conduct model risk assessments and independent validation.

Treasury Middle Office Responsibilities:

• Oversee collateral management, including daily margin calls.
• Support counterparty risk management and market risk appetite framework development.
• Enhance MIS reporting automation and contribute to treasury system upgrades.
• Prepare market risk dashboards and communicate insights to senior management.

Key Requirements:

• Strong analytical and problem-solving skills.
• Excellent communication and presentation abilities.
• In-depth knowledge of financial markets and risk management frameworks.
• Ability to work effectively in a fast-paced environment.
• Experience in risk modelling and valuation techniques.

Qualifications & Experience:

• Education: Bachelor's degree in Commerce, Engineering, Data Science, Finance, or related fields. Professional certifications (FRM, CFA, or CA) advantageous
• Experience: Minimum 8 years in market risk and treasury middle office.
• Technical Skills: Knowledge of programming languages (Python, C++, SQL) is an advantage.

To apply, please submit your CV and cover letter outlining your relevant experience.

Please note that due to the high volume of applications, only shortlisted candidates will be contacted.