Lead Risk Analytics Specialist

IsDB Group; Jeddah; On-site; SAR 120,000 - 150,000; Full time

Job summary

A leading organization in Jeddah is seeking a Lead Risk Analytics Specialist to spearhead financial sustainability analyses and credit rating evaluations. The role involves developing quantitative methodologies, managing balance sheets, and providing analytical support for financial policies. Ideal candidates will have a Master's degree and extensive experience in financial management and risk analysis. Join a dynamic team committed to excellence and innovation in financial strategies.

Qualifications

• Minimum 10 years of experience in financial management, financial modelling, risk management.
• Investment banking and pricing policies experiences are preferred.

Responsibilities

• Lead financial analytical research to identify key income drivers.
• Ensure development of methodologies to assess IDB's ALM and market risks.
• Provide technical leadership in ERM implementation covering ALM and liquidity.

Skills

Adaptability

Analytical Thinking

Communication Effectiveness

Problem Solving

Teamwork

Education

Master's degree in Mathematics

Certification in FRM

Certification in PRM

Certification in CFA

Job description

# IDB3486 - Lead Risk Analytics Specialist

Business Unit

Finance & CFO

Division

Financial Planning & Asset Liability Management

Department

FinancialPolicies,Planning&Analytics

Country

Saudi Arabia

Location

Saudi Arabia - Jeddah

Job Grade

E4

Closing Date

31-May-2025
##### Job Purpose
Lead the quantitative analytical functions for the Finance Complex on financial sustainability and projections analyses, credit rating analyses, Sovereign pricing, performance measurements, benchmarking and for the management of balance sheet and asset-liability management. This entails being the focal point for the development of quantitative methodologies and models to support the financial analytical function. It also entails provide the required analytical support for the formulation of financial policies and for the product development unit.

Financial and Risk Analytics

• Lead the financial analytical research to identify the key income drivers, cost allocations to formulate optimal business model of the Bank.
• Lead the periodic financial projections and financial sustainability analysis and reporting
• Ensure preparation of analytic reports on periodic basis on liquidity management and on performance assessment and attribution analysis for in-house managed investment portfolios.
• Ensure development and implementation of methodologies to assess and measure IDB's ALM and market risks associated with financing, investment, funding and derivatives operations.
• Ensure identification and, measurement of key risks and emerging risks on funding and liquidity, profit-rate, currency, and other market risks inherent in the financing, investing, funding and hedging operations of the bank.
• Collaborate with the Financial Analytics and Compliance Division, for undertaking detailed review and assessment of the market and liquidity risk profiles including credit/counterpart quality of the liquid fund’s portfolio, duration mismatch between assets and liabilities, currency mismatch, gap analysis, stress testing, sensitivity, etc.
• Undertake liquidity and other stress tests and scenario analyses on investment, funding, and derivatives portfolios to ascertain the level of market risk in the bank's activities.
• Quantify the potential exposures to market and liquidity risks due to both existing and proposed borrowings and report thereof.
• Ensure provision of all quantitative analytic support and modelling for the Policies unit and any other units in the Finance Complex.
• Collaborate with the Financial Policies function and Investment unit in developing investment policy statements for each of the investment funds.
• Provide the analytical support to proposing risk-return objectives, risk tolerance, investment horizon, Strategic Asset Allocation (SAA), liquidity requirements and investment constraints.
• Support comprehensive credit rating analytics and scenario analyses as well as periodic sovereign pricing policy review and pricing update activities
• Provide technical leadership in the Enterprise Risk Management (ERM) implementation covering ALM, FTP and Liquidity track, Financial Projections, Reporting, and stress testing.

People Management

• Provide technical, motivational, and inspirational leadership and guidance to the team members.
• Coach, mentor, develop and provide regular feedback to the team members on results at a function level, promptly addressing areas of improvement.
• Support filling in key capability gaps of the team through on-the-job capacity development and other capacity enhancement initiatives. efforts.
• Assist Division manager in identifying and addressing technical capacity gaps in the team.

Operational excellence

• Monitor the effective implementation and adherence to respective financial management policies, procedures, and controls so that all relevant procedural / legislative requirements are fulfilled.
• Keep abreast of the latest developments, regulations and leading practices in the field and proposes any necessary actions.
• Provide necessary input for the preparation of the budget of the FPPA department and for the monitoring of actual expenditure against the approved budget.
##### Academic and Professional Qualifications
• Master's degree in Mathematics, Econometrics, Financial Management, or related field.
• Certification in FRM, PRM or CFA is preferred.
• Minimum 10 years of experience in financial management, financial modelling, risk management and related fields. Investment banking and pricing policies experiences are preferred.
##### Skills & Necessary Knowledge
• Adaptability
• Building Relationships
• Client Centricity and Responsiveness
• Motivation to Learn and Share
• Passion for Excellence
• Analytical Thinking
• Communication Effectiveness
• Drive for Results
• Knowledge, Learning and Communication
• Problem Solving
• Stakeholder Management / Client Orientation
• Teamwork
• Financial Management
• Financial modeling
• Bank Knowledge
• Statistical Analysis, Modeling and Reporting
• Strategic Planning
If you meet the criteria and you are enthusiastic about the role, we would welcome your
application.
To
complete the application you would need the following document(s):
1. Resume/CV
2. Academic Certificate
3. Copy of passport