VP FTP Policy First Abu Dhabi Bank

First Abu Dhabi Bank

https://www.bankfab.com/en-ae +97126811511 [email protected]

VP FTP Policy at First Abu Dhabi Bank is responsible to develop and implement effective Funds Transfer Pricing (FTP) policies to optimize funding costs and support the bank’s strategic objectives. This is full time role and it was announced by the company on February 19, 2024.

Responsibilities of VP FTP Policy

Review and recommend changes to UAE and international FTP policy, methodology, and curves.
Translate business insights, industry practices, and/or regulations into effective FTP policies.
Interface with key business stakeholders to understand industry and customer behaviour.
Source, design, and build FTP curves to reflect true funding and hedging costs for the bank.
Review internal risk transfer and ensure that risks are accurately transferred to the rightful desks.
Identify basis risks across the bank’s balance sheet and identify rightful owners of the basis.
Provide BAU training to the business to reinforce business understanding of the FTP policy.
Support the business with FTP pricing and forecasting on both new and existing products.
Support the Head of FTP with BSMCO, B-ALCO, G-ALCO related papers and initiatives.
FTP subject matter expert with experience in best practice FTP for a complex and global balance sheet.
Responsible for reviewing and recommending GL-level FTP practices and curves by line of business.
Responsible for ensuring that interest rate and liquidity risk transfers are accurate at desk-level.
Responsible for periodic delivery of FTP training to Business Heads, Product Managers, RMs, etc.

Requirements of VP FTP Policy

Master’s and/or Bachelor’s degree in Accounting, Finance, or any related discipline.
CFA, FRM, or CA professional qualifications will be preferred.
Minimum 8 years of experience in banking balance sheet FTP and/or NIM analyses.
Strong experience in FTP and/or ALM functions in a major international bank.
Experience with implementation of a major ALM/FTP system such as QRM, KRM, FIS, etc.

Skills and Knowledge Desired

In depth knowledge of international and regional liquidity and capital regulations.
Experience in dealing with senior stakeholders across business and enablement functions.
Fluent in spoken and written English and professional business communication skills.
Strong sense of ownership with ability to work independently with limited supervision.

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