Market & Liquidity Risk Manager Deloitte UAE

Deloitte is in search of qualified and proficient candidates for the role of a Market & Liquidity Risk Manager in UAE. Deloitte announced this job vacancy on 8 March 2024 and candidates fulfilling the under mentioned criteria are encouraged to apply for this position.

Responsibilities of A Market & Liquidity Risk Manager

• Delivery: To contribute to the overall success of a client engagement. Support senior team members by delivering work to a high quality within the appropriate timelines and adhering to the methodologies. Take responsibility for key deliverables on engagements.
• Team Working: To collaborate and work with other team members, coach junior people and sharing knowledge and experience. Must work well in a team-oriented environment as well as independently.
• Client: To build an understanding of client business and markets. Shows a personal commitment to understanding and meeting client needs.
• Business Development: Carry out research to write White Papers/ Point of views or create proof of concepts for a tool that will support team in business development.
• Personal Development: To proactively identify opportunities to understand and build on known strengths and to address development areas.

Eligibility Requirements

The eligibility requirements for role of a Market & Liquidity Risk Manager are as under:

• Bachelor’s degree in finance, economics, mathematics, or a related field.
• Minimum of 6 – 8 years of experience in consulting for financial institutions and/or in a Treasury/Global Markets Front Office/Market Risk/Quantitative Analytics team in a bank or similar financial institution.
• Proven understanding of Financial Risk Management, specifically Market, Counterparty Credit and Liquidity Risks (including, but not limited to Financial instruments valuations & Derivatives pricing; VaR; Expected Shortfall; xVA including PFE methodologies; Basel 3 Reforms Requirements around the Fundamental Review of the Trading Book (FRTB), CCR and CVA; IRRBB EVE, NII & Behavioural Modelling; LCR & NSFR; Market & Liquidity Risk Stress Testing and statistical modelling of historical and expected relationships and correlations between risk factors and macroeconomic and other systemic or idiosyncratic considerations; calibration of parameters from stress scenarios).
• Demonstrable experience in developing and validating tools, models and methodologies used in the pricing and valuation of financial instruments, Quantification of Market Risks (e.g. VaR and ES models), Counterparty Credit Risk & CVA (including an understanding of Wrong-Way Risk, and the applicable stochastic processes and methods used to simulate the paths of market variables such as FX, interest rates and commodity prices; determination of Expected Exposures, PDs and Recovery Rates); Bootstrapping of yield curves (e.g. from observable market prices) and PD term structures (e.g. from credit ratings, CDS spreads and applicable methodologies using proxies).
• Analytical and quantitative background is a must (financial engineering / quantitative finance / actuarial science / FRM or equivalent).
• Proficiency in Excel and VBA; Programming experience in Python or R is a plus.
• Fluency in English is a must; Arabic is a plus.

Business Analyst Digital Forensic Deloitte UAE